If crude stays below USD 90, OMCs can absorb without fuel price hike, RBI's status quo apt amid uncertainty: CareEdge Economist

Apr 08, 2026

The oil marketing companies (OMCs) are likely to absorb higher crude costs without passing it on to consumers if Brent crude prices remain in...

Oil companies may have to absorb higher crude costs as negative sentiment amid LPG shortages makes price hikes difficult: Report

Mar 20, 2026

Oil marketing companies (OMCs) in India may have to absorb higher crude oil import costs as raising petrol and diesel prices remains difficult amid...

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...

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...

Retail inflation may rise to 5.1% in current fiscal from 2% in last fiscal: Crisil

May 15, 2026

Retail inflation in India is expected to rise to 5.1 per cent in the current fiscal year as higher wholesale prices, elevated crude oil...

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...