Stay updated with the latest soybean-oil news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on soybean-oil topics.
New Delhi [India], April 2 (ANI): Demand for refined sunflower oil in India is expected to decline by around 10 per cent in the current fiscal due to supply chain disruptions and rising prices, according to a report by Crisil Ratings. The report said the decline in volumes will be driven by twin headwinds, disruptions in supply chains due to the ongoing West Asia conflict and higher prices resulting from increased logistics costs. These factors are likely to push consumers towards cheaper alter ...Read More >
Mumbai, Apr 2 (PTI) India's refined sunflower oil sales volume is expected to decline about 10 per cent in the current fiscal due to supply-chain disruptions triggered by the Middle East conflict and rising prices that are likely to drive consumers towards cheaper alternatives, a report said on Thursday. Indian refined sunflower oil volume is poised to decline 10 per cent in the current fiscal, due to twin headwinds that will dampen demand, Crisil Ratings said in a report. Firstly, supply-chai ...Read More >
Congress leader Randeep Singh Surjewala on Monday criticised the interim trade deal agreement between the United States and India alleging that the pact compromises India's farmers, energy security and national sovereignty. Surjewala's comments came after the US and India announced a framework for an Interim Agreement on reciprocal, mutually beneficial trade. Addressing a press briefing, Surjewala said, "Country's interest cannot be mortgaged for trade agreements," adding, "India's energy secu ...Read More >
Authorities in Noida and Ghaziabad have seized and destroyed over 1,100 kg of adulterated sweets and other contaminated food products in a large-scale crackdown. Intensified raids ahead of Diwali uncovered unhygienic practices, including fly-infested rasgullas and fungus-laden almonds, with legal action pending lab results. In a large-scale crackdown, food inspection authorities have seized and destroyed over 1,100 kg of adulterated sweets, 145 kg of fly-infested rasgullas, and several other co ...Read More >
Lucknow, Oct 15 (UNI) In the run up to Diwali festival, the Uttar Pradesh government has launched a state-wide crackdown on adulterated food. Under the Chief Minister's directives, the Food Safety and Drug Administration is conducting a special Diwali campaign from October 8 to17. So far, the FSDA has carried out 4,621 inspections, 2,085 raids, and tested 2,853 food samples, resulting in the seizure of 2,993 quintals of adulterated and unsafe food, valued at Rs 3.88 crore. Out of these, 1,155 ...Read More >
The Indian Vegetable Oil Producers' Association (IVPA) has called for accelerating the path towards self-sufficiency in edible oil amidst declining imports, policy shifts and evolving free trade agreements. A media statement by IVPA said that India's vegetable oils industry is navigating a critical phase marked by global price volatility in palm and soybean oils, evolving free trade agreements, and domestic policy challenges. While these dynamics present opportunities for strategic sourcing and ...Read More >
New Delhi, Sep 15 (PTI) India's vegetable oil imports rose by 7 per cent to 16.77 lakh tonne in August compared to the year-ago month despite a sharp drop in refined palmolein shipments following import duty changes, industry body SEA said on Monday. Total vegetable oil imports stood at 15.63 lakh tonne in August 2024. The Solvent Extractors Association of India (SEA) said the country imported 16.21 lakh tonne of edible oils and 55,821 tonnes of non-edible oils in August. Among edible oils, c ...Read More >
New Delhi, Aug 14 (PTI) Patanjali Foods Ltd on Thursday reported a 31 per cent decline in consolidated net profit to Rs 180.35 crore in the June quarter due to higher expenses. Its net profit stood at Rs 262.72 crore in the year-ago period. Total income rose to Rs 8,912.69 crore in the April-June period of the 2025-26 fiscal year from Rs 7,202.35 crore in the corresponding period of the preceding year, according to a regulatory filing. During the June quarter, there was an increase in other e ...Read More >
VMPL New Delhi [India], August 14: Ellenox, India's largest venture studio, is accelerating its global push in enterprise AI development. In the past year, the company has grown its headcount by 50% over the last year, bringing in senior AI talent from Amazon and Google to power its next phase of expansion. Already delivering AI transformation for Fortune 50 leaders in fintech, cloud computing, consumer social, and sports-tech, Ellenox has built systems that replace costly call centers with na ...Read More >
New Delhi, Aug 14 (PTI) India's import of edible oil fell 16 per cent to 15.48 lakh tonnes in July, mainly due to a fall in shipments of palm oil, both refined and crude, according to industry body SEA. The country imported 15,48,041 tonnes in July this year as against 18,40,062 in the year-ago period. The data does not include imports from Nepal, the Solvent Extractors' Association of India (SEA) said in a statement on Thursday. The industry body said the fall in imports of edible oils in Ju ...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, 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 >
Mumbai: While the Nagpur-Mumbai Samruddhi Expressway is now fully operational, a crucial extension of the Mumbai-Nashik Highway from four to eight lanes over a 23-km stretch between Magathane and Vadpe remains incomplete -- even after more than four years of work. The project, whose revised deadline was Feb 2025, continues to be behind schedule.The widening of this stretch was supposed to be completed before the Samruddhi Expressway was opened, in order to accommodate the anticipated surge in tr ...Read More >
New Delhi: A surge in sales may be around the corner for some of India's leading packaged consumer goods makers, as cheaper inputs and lower import duties craft a perfect recipe for their next stage of growth. Companies and analysts alike said that falling prices of wheat, maize, barley and oils will help expand volumes, in a change from the recent experience of pricier products driving revenue. On 31 May, the government halved the basic customs duty on crude soybean oil, crude palm oil, and c ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.