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...

LPG continues to remain a concern, crude availability is adequate in India: Government

Mar 18, 2026

India's crude oil availability continues to be adequate while the LPG situation remains a concern amid the West Asia conflict, the government said on...

Duty reduction on crude edible oils beneficial for both refiners, consumers: CareEdge

Jun 22, 2025

On May 30, 2025, the government announced a reduction in the Basic Customs Duty (BCD) on key imported crude edible oils -- Crude Palm...

India could cut fuel import bill by USD 3 billion by switching to Venezuelan crude: SBI Report

Feb 04, 2026

India's crude oil import bill could decline by up to USD 3 billion annually if the country shifts a portion of its crude sourcing...

West Asia crisis disrupts fertiliser, petrochemical supply chains, India seeing production curbs: Morgan Stanley

Mar 16, 2026

Fertiliser production in India is beginning to feel the impact of the ongoing West Asia crisis, which has disrupted key energy supply routes and...

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...