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India is the world’s largest importer of edible oil as it meets 60 percent of its requirement through imports

Centre extends cut in customs duty on edible oil imports by a year

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Lower import tax rates on edible oils extended until March 2025 Aiming to keep the prices in check, the Central government has extended the reduced...
Sources informed that edible oil prices are expected to come down in the next few days

Centre directs edible oil industry to cut prices by Rs.8 to 12 per litre...

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Edible oil prices may come down soon The government directed the edible oil industry to cut retail prices of the essential commodity by Rs.8 to...
Edible oil prices beginning to show a downward trend, and are set to fall further once the industry reduces prices, consumers may get the benefit of paying less for edible oils

Centre directs edible oil industry to pass on benefits of reduced prices to consumers

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Food Secretary reviews edible oil prices in the meeting with stakeholders The Centre has directed the edible oil industry to pass the benefits of low...
Washington has not yet provided any reliable evidence of Indian citizens' involvement in the case, says Russia

Russia sides India in US allegation over Pannun’s foiled murder plot, says ‘no reliable...

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‘US neither understands, nor respects the sovereign Indian state’: Russia slams Biden govt over Pannun blame, reports on ‘religious freedom’ Siding India in the Pannun...
In 2012, Gujarat was the first state to have two BT hybrid cotton varieties recognized by the Government of India

Cotton cultivation in Gujarat grows by 9 lakh hectares in 20 years

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Cotton cultivation expands in Gujarat over two decades Gujarat has witnessed a remarkable increase in cotton cultivation over the past two decades, expanding by 9...
According to Crisil's monthly indicator of food plate cost, the prices of cereals, pulses, broilers, vegetables, spices, edible oil and cooking gas drove changes in the cost of a thali

Rising ingredient prices make both veg and non-veg thalis costlier: Report

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Report reveals an 11% increase in veg thali prices, 6% in non-veg On Tuesday, a report revealed that vegetarian and non-vegetarian thalis both increased in price...
The area under pulses sown this year has surged by 50 percent to 36.81 lakh hectares from 23.78 lakh hectares last year

Kharif crop sowing surges by 14.1%, pulses soar by 50% in 2024

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Increase in oilseed cultivation expected to reduce edible oil import bill and save foreign exchange With a better monsoon this year, the area under kharif...
Centre is taking various measures to bring down food prices such as the ban on exports and reducing customs duty on edible oils

Customs duty exemption extended on masoor dal till March 2025

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Centre extends Customs duty exemption on masoor dal until 31 March 2025 to stop inflation The Centre has extended the Customs duty exemption on masoor...
Staples like cereals and pulses are unlikely to offer relief in the near term amid hardening international prices and subdued sowing domestically

Wider range of food items drive 7%-plus inflation

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Not tomatoes, but these food items will pose a greater inflation risk in the coming months Staples like cereals and pulses are unlikely to offer...
Despite upwardly revising inflation forecasts, the RBI stayed away from outright tightening of the monetary policy in August

Symbolic RBI rate hike to have adverse implications for equity markets

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RBI views inflation primarily as a monetary phenomenon and monetary policy action is needed to control inflation, regardless of supply or demand The extent of...

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