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MUMBAI: India's palm oil imports fell in July because of cancellations of import contracts, while soyoil shipments surged to a 3-year high due to competitive prices and the delivery of delayed shipments from June, according to five dealers. Lower palm oil imports by India, the world's biggest buyer of vegetable oils, could lead to a stock buildup in top producers Indonesia and Malaysia and weigh on benchmark Malaysian palm oil futures. In July, palm oil imports declined by 10% to 858,000 metri ...Read More >
New Delhi, Aug 3 (PTI) The government has notified a new framework for the edible oil industry, imposing stricter registration and reporting requirements on producers to enhance transparency and oversight, according to an official release. The 2025 Vegetable Oil Products, Production and Availability (VOPPA) Regulation Order, notified on August 1 by the Ministry of Consumer Affairs, Food and Public Distribution, amends the Vegetable Oil Products Production and Availability (Regulation) Order, 20 ...Read More >
BENGALURU: The Maharashtra government fears that increase in height of Alamatti reservoir in Bagalkot district of Karnataka from 519.60 meters to 524.256 meters would result in flooding of Sangli, Satara and Kolhapur districts owing to backwaters and there is no need for the Maharashtra government to fear flooding since its own expert committee led by retired Principal Secretary to Irrigation department Nandkumar Wadnekar ruled out flooding from the Almatti and Hipparagi reservoirs, stated Minis ...Read More >
MUMBAI, Aug 3 -- US President Donald Trump on Thursday slapped a 25 per cent tariff on Indian goods after prolonged talks that got bogged down over access to India's labour-intensive agricultural sector, which New Delhi has pledged to protect. Why is India opposing the products the US is lobbying for? The United States is pressing India to open its markets to a wide range of American products, including dairy, poultry, corn, soybeans, rice, wheat, ethanol, fruits and nuts. While India is willi ...Read More >
Dimapur, Jul 18 (PTI) Two persons have died of Japanese Encephalitis (JE) in Nagaland, a health department official said on Friday. Chief Medical Officer, Dimapur, Dr Yartenla Jamir, said that of the seven JE cases detected in Dimapur, Chumoukedima, and Niuland districts, two persons have died so far. She expressed concern over the rise in Japanese encephalitis (JE) cases in the three districts, especially during the monsoon season, which increases the risk of transmission. The Health departm ...Read More >
New Delhi, Jul 18 (PTI) Adani Group on Friday exited AWL Agri Business (formerly known as Adani Wilmar) by selling its remaining 10.42 per cent stake in the company for Rs 3,732 crore through open market transactions, according to the BSE data. Adani Commodities LLP (ACL), a subsidiary of Adani Enterprises, offloaded a total of 13,54,82,400 equity shares in 11 tranches on Friday, amounting to a 10.42 per cent stake in AWL Agri Business, as per the block deal data on the BSE. Also Read | US Sho ...Read More >
New Delhi, Jul 18 (PTI) Adani Group on Friday exited AWL Agri Business (formerly known as Adani Wilmar) by selling its remaining 10.42 per cent stake in the company for Rs 3,732 crore through open market transactions, according to the BSE data. Adani Commodities LLP (ACL), a subsidiary of Adani Enterprises, offloaded a total of 13,54,82,400 equity shares in 11 tranches on Friday, amounting to a 10.42 per cent stake in AWL Agri Business, as per the block deal data on the BSE. The transaction wa ...Read More >
Mumbai, Jul 18 (PTI) A three-storey chawl collapsed in the western suburb of Bandra here in the early hours of Friday, with at least 10 people feared trapped in the debris, civic officials said. As many as seven people have been rescued from the debris so far and admitted to the civic-run Bhabha Hospital, they said. According to preliminary information, chawl number 37 in the Bharat Nagar area of Bandra East collapsed around 5.56 am. Eight fire engines are at the spot along with teams from th ...Read More >
HYDERABAD: State BJP president N Ramchander Rao on Thursday slammed the Congress government and Chief Minister A Revanth Reddy for failing to address farmers' issues despite completing 19 months in office. Speaking at the Kisan Morcha state office-bearers' meeting at the BJP headquarters in Hyderabad, he accused the state government of neglecting farmers due to its skewed policies. He urged party workers to collaborate with the Kisan Morcha to highlight farmers' grievances and counter the Cong ...Read More >
Ahmedabad: Adani Enterprises Ltd (AEL) said on Thursday that it has signed an agreement to sell a 20 per cent stake in AWL Agri Business Ltd to Wilmar International's subsidiary, LencePte Ltd, for Rs275 per share, valuing the deal at Rs7,150 crore. Following this latest deal, Wilmar is set to become the majority shareholder, with a 64 per cent holding in AWL.Adani Commodities LLP (ACL), a subsidiary of AEL, currently holds 30.42 per cent of AWL. The sale marks the next step in Adani's planned ...Read More >
New Delhi, Jul 17 (PTI) Adani Group has sold a 20 per cent stake in AWL Agri Business Ltd (formerly known as Adani Wilmar Ltd) to Wilmar International, Singapore, for Rs 7,150 crore, as part of its decision to exit the FMCG business and focus on the infrastructure vertical. As per the regulatory filing on Thursday, Adani Commodities LLP (ACL), a subsidiary of Adani Enterprises, will soon sell the residual 10.42 stake in AWL Agri Business Ltd, leading to a complete exit from the FMCG business. ...Read More >
Ahmedabad, July 17 (SocialNews.XYZ) Adani Enterprises Ltd (AEL) said on Thursday that it has signed an agreement to sell a 20 per cent stake in AWL Agri Business Ltd. to Wilmar International's subsidiary, Lence Pte Ltd, for Rs 275 per share, valuing the deal at Rs 7,150 crore. Following this latest deal, Wilmar is set to become the majority shareholder, with a 64 per cent holding in AWL. Adani Commodities LLP (ACL), a subsidiary of AEL, currently holds 30.42 per cent of AWL. The sale marks th ...Read More >
New Delhi [India], July 16 (ANI): Dietetics Officer at Sir Ganga Ram Hospital, Dr. Charu Sadana, on Tuesday said that people should be aware of the hidden fats and sugars in pizza or burgers that they eat, so it is very important that all the eatery outlets display the labels of oil and sugar content in their food items. She added that if people are aware of the type of fat used and the amount of sugar in their food, they can make wiser decisions and develop a healthier lifestyle. Speaking to A ...Read More >
New Delhi [India], July 15 (ANI): Indian edible oil refiners are set to see their revenues decline 2-3 per cent on-year to Rs 2.6 lakh crore this fiscal due to lower realisations, even as volumes grow 2.8-3.0 per cent on-year, according to the credit rating agency Crisil Ratings. The firm stated that this comes after a 15 per cent revenue growth witnessed in fiscal 2025. Also Read | Shubhanshu Shukla's International Space Station Experience Extremely Valuable for India's Gaganyaan Human Spacef ...Read More >
Mumbai, Jul 15 (PTI) Edible oil refiners are expected to witness a 2-3 per cent year-on-year decline in revenue to Rs 2.6 lakh crore in FY26 due to lower realisations, a report said on Tuesday. However, volumes are likely to grow 2.8-3.0 per cent year-on-year, Crisil Ratings said in the report. As a result, operating margin is expected to shrink 30-50 basis points to 3.3-3.5 per cent. But stable working capital requirements and lower capital expenditure (capex) will keep credit profiles stable ...Read More >
New Delhi, July 15 (SocialNews.XYZ) The Reserve Bank of India (RBI) will deliver a final 25 basis point rate cut in the December monetary policy committee (MPC) meeting, taking the repo rate to 5.25 per cent by the end of 2025, a report said on Tuesday. Considering the ease in inflation in recent months, the RBI may leave the repo rate unchanged in the next two MPCs. "We forecast a pause in the August and October meetings. However, we believe the RBI will deliver a final 25bp rate cut in the D ...Read More >
Kedia Advisory - India's palm oil imports surged to an 11-month high in June, rising over 60% from May to nearly 956,000 metric tons, driven by a price advantage over soyoil and sunflower oil and the need to rebuild depleted stocks. While soyoil imports dipped nearly 10%, sunflower oil imports rose by almost 18%. Domestic vegetable oil stocks increased for the first time in seven months, easing supply concerns. Experts expect palm oil imports to stay above 900,000 tons in July due to continued p ...Read More >
Mumbai: Amid mounting outrage over Shiv Sena (Shinde faction) MLA Sanjay Gaikwad's assault on a canteen staffer at the MLA hostel near Akashvani, Chief Minister Devendra Fadnavis stated that police do not require a formal complaint to begin an investigation. "Police can and will initiate an inquiry on their own," he clarified. CM Fadnavis has made it clear that police intervention does not hinge on a complaint alone. His statement directly contradicts that of Minister of State for Home Affairs, ...Read More >
New Delhi: Company launched 2 edible oil variants in Feb under its 'India Gate Uplife' KRBL Ltd, a major basmati rice producer under the India Gate brand, has diversified into edible oils and aims to achieve Rs200-300 crore revenue within three years from its newly launched blended oil products targeting health-conscious consumers, a top company official said on Tuesday. The company launched two edible oil variants in February under its "India Gate Uplife" range - Gut Pro and Lite - priced at R ...Read More >
New Delhi [India], July 8 (ANI): The cost of home-cooked meals eased in June as compared to the same month last year, driven by a sharp correction in vegetable prices, according to the Crisil Intelligence report. In the monthly report titled 'Roti Rice Rate', the average cost of a vegetarian thali (Plate) declined by 8 per cent year-on-year (YoY), while the cost of a non-vegetarian thali was down nearly 6 per cent. The decline in vegetarian thali prices was primarily attributed to a significan ...Read More >
New Delhi: Consumer goods makers Dabur India Ltd, Marico Ltd, and Godrej Consumer Products Ltd are expected to report contrasting demand patterns for their products in the June quarter, with robust sales in edible oils and home and personal care categories offset by a subdued summer for beverages. This divergence is largely attributed to untimely rains and a milder summer, hurting demand for seasonal categories. On Friday, homegrown consumer goods company Dabur India said that the Indian FMCG ...Read More >
Bhubaneswar: The BJD chief, Naveen Patnaik, on Saturday sought the personal intervention of External Affairs Minister S Jaishankar for the early and safe release of an Odisha resident allegedly abducted by militants in the West African country of Mali. Twenty-eight-year-old P Venkataramana is a resident of Patnaik's Assembly constituency Hinjili from where he has been elected for six consecutive terms since 2000. Taking to X, Patnaik said: "Concerned to know that P Venkataramana of Hinjilicut b ...Read More >
Mandi (Himachal Pradesh) [India], July 6 (ANI): A team of the State Disaster Response Force (SDRF) conducted a field visit to a village in Panchayat Jarode on Saturday to extend emergency assistance to residents in disaster-affected areas. During the visit, the SDRF team surveyed the impacted areas and identified vulnerable individuals in urgent need of aid. Relief materials, including basic need kits and medical kits, were distributed to the affected families as part of the immediate response ...Read More >
New Delhi, July 1 (SocialNews.XYZ) Prime Minister Narendra Modi on Tuesday said that eight years have passed since GST was introduced, and it stands out as a landmark reform that has reshaped India's economic landscape. "By reducing the compliance burden, it has greatly improved the Ease of Doing Business, particularly for small and medium enterprises", PM Modi stated. "GST has also served as a powerful engine for economic growth, while fostering true cooperative federalism by making states eq ...Read More >
New Delhi, Jun 30 (PTI) Congress leader Jairam Ramesh on Monday said that government think-tank NITI Aayog has withdrawn a working paper on Indo-US Agriculture trade relations. The Aayog in a working paper, titled Promoting India-US Agricultural Trade Under the New US Trade Regime, had suggested that in the aftermath of 'reciprocal tariffs' by the US, India should adopt dual-track approach and selectively reduce high tariffs on non-sensitive agricultural commodities imports from Washington, whi ...Read More >
New Delhi, Jun 30 (PTI) Congress leader Jairam Ramesh on Monday said that government think-tank NITI Aayog has withdrawn a working paper on Indo-US Agriculture trade relations. The Aayog in a working paper, titled Promoting India-US Agricultural Trade Under the New US Trade Regime, had suggested that in the aftermath of 'reciprocal tariffs' by the US, India should adopt dual-track approach and selectively reduce high tariffs on non-sensitive agricultural commodities imports from Washington, whi ...Read More >
New Delhi, Jun 29 (PTI) Amul has retained its position as India's top food brand, with brand value of USD 4.1 billion followed by Delhi-NCR based Mother Dairy with USD 1.15 billion brand value, as per the latest Brand Finance report. Britannia was ranked third on India's top food brand list, while Karnataka-based dairy cooperative Nandini was at the fourth rank and Dabur was at the fifth place. Amul has retained its position as India's No. 1 food brand, according to the Brand Finance India 100 ...Read More >
New Delhi [India], June 29 : India has imposed port restrictions on the import of jute and several of ... New Delhi [India], June 29 : India has imposed port restrictions on the import of jute and several of its derivatives from Bangladesh, with immediate effect, an official from Directorate General of Foreign Trade (DGFT) said. The restriction have been put on flax tow and waste (including yarn waste and garnetted stock); jute and other textile bast fibers, raw or retted; jute (excluding flax ...Read More >
New Delhi, Jun 6 (PTI) The reduction in import duty on edible oils, including palm, soya and Sunflower, is going to help FMCG companies improve their margins and stabilise their input costs, according to experts. Palm Oil, which the FMCG companies use as a key ingredient for the manufacturing of soaps and even food products, will also help cool down consumer monthly inflation, experts said. Also Read | How To Activate Your UAN Online? Step-by-Step Guide As EPFO Extends Activation Deadline to J ...Read More >
New Delhi, Jun 6 (PTI) The reduction in import duty on edible oils, including palm, soya and Sunflower, is going to help FMCG companies improve their margins and stabilise their input costs, according to experts. Palm Oil, which the FMCG companies use as a key ingredient for the manufacturing of soaps and even food products, will also help cool down consumer monthly inflation, experts said. The move will not only benefit the food companies, for which palm oil is almost 25-30 per cent of their ...Read More >
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