Tag: Edible Oil

palm oil: India’s palm oil demand remains steady even after import duty hike, says Malaysian plantation minister Ghani
Posted in Economy

palm oil: India’s palm oil demand remains steady even after import duty hike, says Malaysian plantation minister Ghani

Malaysia, the second largest palm oil producer in the world, has seen steady demand for palm oil from India, even after the recent increase in…

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'Food prices won't see festival season spike': Food secretary Sanjeev Chopra
Posted in Economy

‘Food prices won’t see festival season spike’: Food secretary Sanjeev Chopra

Prices of major agricultural commodities such as wheat, rice, edible oil and sugar will not see a sharp increase in this festive season, food secretary…

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NITI Aayog calls for raising import duty on edible oil
Posted in Economy

NITI Aayog calls for raising import duty on edible oil

NITI Aayog has called for higher import duty on edible oils and a substantial duty gap between crude and refined oil along with incentives to…

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Edible oil imports dip 1.6% in first 9 months of marketing year ending October: SEA
Posted in Economy

Edible oil imports dip 1.6% in first 9 months of marketing year ending October: SEA

New Delhi: India’s edible oil imports declined marginally by 1.6% to 119.35 lakh tonnes in the first nine months of 2023-24 marketing year ending October,…

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Employees fill plastic bottles with edible oil at an oil refinery plant of Adani Wilmar Ltd, a leading edible oil maker, in Mundra, 375 km (233 miles) from the western Indian city of Ahmedabad, June 10, 2009. (Amit Dave/Reuters)
Posted in Business

Adani Wilmar to invest ₹600 crore to expand edible oil business, solar power capacity

Adani Wilmar Ltd plans to invest around ₹600 crore this fiscal mainly to expand its processing capacities of edible oil business and will launch more…

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Consolidated revenue witnessed decline due to fall in prices of edible oil, the company said.(Representational photo)
Posted in Business

Adani Wilmar’s Q4 profit slumps 60% to ₹94 crore: Report

Edible oil major Adani Wilmar on Wednesday reported 60 per cent decline in consolidated net profit at ₹93.61 crore for the quarter ended March 2023…

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Edible Oil: Edible oil import rises 8 pc to 11.35 lakh tonnes in March
Posted in Economy

Edible Oil: Edible oil import rises 8 pc to 11.35 lakh tonnes in March

Edible oil imports rose 8 per cent year-on-year in March to 11.35 lakh tonnes, industry body SEA on Friday said and demanded that the duty…

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