Industry body urges Centre to allow futures trading in crude palm, soybean oil

Nov 25, 2024

Edible oil industry body has once again requested the government to reconsider resuming futures trading in internationally traded commodities like crude palm oil and...

Phoenix Overseas associate company "BCL Bio Energy" start crude edible oil production

Oct 09, 2024

Mumbai (Maharashtra) [India], October 9: Phoenix Overseas Limited a NSE Emerge listed company announces that its associate company M/S. BCL Bio Energy Private Limited...

Govt may save over Rs 60,000 crore on Crude imports this fiscal: Experts

Sep 27, 2024

With the softening of crude prices in the international market, it is estimated that the government may save up to Rs 60,000 crore on...

India's crude imports will not be impacted by Israel-Iran conflict: Experts

Oct 04, 2024

The ongoing conflict between Israel and Iran is not expected to have a significant impact on India's crude oil imports, as experts pointed out...

Centre reduces standard rate of duty on edible oils

Sep 11, 2021

New Delhi [India], September 12 : The Centre on Saturday reduced the standard rate of duty on crude palm oil, crude soyabean oil to...

India slashes windfall tax on petroleum crude

May 01, 2024

The central government has reduced windfall tax on crude petroleum, according to a government notification. The special additional excise duty (SAED) on crude petroleum...