Jun 24, 2022 10:19 AM ISTA by-product in rice milling, rice bran has been traditionally used for cattle and poultry feed. In recent years, oil mills have started extracting rice oil, which is popular among health-conscious consumers but historically more expensive than rival oils.
Jun 02, 2022 08:46 PM IST Retail prices of wheat, rice, sugar and edible oils are showing a declining trend after the measures taken by the government, including curbs on exports of wheat and sugar, Food Secretary Sudhanshu Pandey said on Thursday.
Nov 01, 2021 03:01 PM IST Due to government steps, there has already been a 21.59 per cent reduction in average retail prices of palm oil at Rs 132.98 per kg on October 31, from Rs 169.6 per kg on October 1, as per the data maintained by the consumer affairs ministry.
Oct 24, 2021 08:16 PM IST On October 10, the Centre had imposed stock limits on traders of edible oils and oilseeds, barring certain importers and exporters, till March 31, in a bid to control domestic prices and provide relief to consumers.
Oct 10, 2021 02:05 PM IST Edible oil prices in the domestic retail markets have shot up sharply by up to 46.15 percent in the last one year due to global factors and local tight supply situation, as per government data.
Sep 15, 2021 01:35 PM IST The boom in edible oil prices is affecting consumption and hitting food company margins. A successful strike by the government could bring much needed relief
Sep 13, 2021 01:15 PM IST While basic customs duties have been cut for the second time in less than a month, edible oil prices continue to remain high. With the festive season set to begin soon, the cut-off date for ending duty cuts -- September 30 -- may now be extended.
Sep 03, 2021 08:42 AM IST There are concerns that it may not be a good idea from the environment point of view to give a push to the growth of oil palm in biodiversity rich areas like the North-East and the Andamans
Aug 09, 2021 02:24 PM IST Addressing a virtual event on PM-Kisan scheme, he said over Rs 11,000 crore will be invested in the edible oil ecosystem.
Jul 07, 2020 01:15 PM IST The country's imports of soyoil in June rose 49 percent from a year ago to 331,264 tonnes, while sunflower oil imports rose 66 percent to 268,128 tonnes, according to provisional data compiled by the Solvent Extractors' Association.
Apr 21, 2018 03:40 PM IST Traders said adequate stocks positions against sporadic demand kept edible and non-edible oil prices flat.
Nov 18, 2017 10:43 AM IST The world's biggest importer of edible oils also raised the import tax on crude soyoil to 30 percent from 17.5 percent earlier. It raised the import tax on refined soyoil to 35 percent from 20 percent earlier, it said.
Mar 28, 2017 07:38 AM IST Currently, export of edible oils is allowed in up to 5 kg pack at minimum export price of USD 900 per tonne. The bulk export was banned way back in 2008 to curb price rise.
Feb 13, 2017 03:48 PM IST Under the agreement, Ruchi Soya will process and pack the crude oil provided by Patanjali Ayurved as per their specifications, the company said in a release issued here.
Oct 25, 2016 06:20 PM IST The government is targeting to increase pulses production by around 50 per cent to 24 million tonne by 2020-21 through use of hybrid and high-yielding seed varieties, Agriculture Minister Radha Mohan Singh said on Tuesday.
Oct 20, 2016 03:12 PM IST The prices of certain consumer durables like televisions, air conditioners, fridges and washing machines may however become cheaper with decrease in taxes.
Oct 05, 2016 04:12 PM IST There is not much increase in the sugar rates this time and even pulses prices are showing a declining trend with arrival of new kharif crop, he said and added that edible oils prices are also stable in retail markets.
Jan 18, 2016 03:11 PM IST Imports of vegetable oils (comprising edible and non- edible oils) stood at 11.39 lakh tonnes in December 2014, the Solvent Extractors Association of India said in a statement.
Jan 07, 2016 02:10 PM IST A sharp decline in domestic oilseeds output and crushing has encouraged edible oil imports, while discouraging exports of oilmeal, it said. In fact, export of oilmeal -- used as animal feed -- has dropped by 85 percent to 59,818 tonnes in December 2015, as against 4,10,178 tonnes in the year-ago period, it added.
Dec 04, 2015 02:53 PM IST In September, the government had raised import duty on crude edible oils to 12.5 percent from 7.5 percent, while the duty on refined edible oils was increased to 20 percent from 15 percent.
Aug 18, 2015 08:17 AM IST The manufacturer and marketer of edible oils and some other products recorded an increase of 2.18 per cent in net sales in Q1, from Rs 5725.46 crore to Rs 5,850.37 crore.
Mar 07, 2014 02:06 PM IST The damage to rapeseed could mean India imports more rapeseed oil, which is made from rapeseed. That could push prices higher as India is the world's biggest buyer of edible oils. The April rapeseed contract rose 6.7 percent over the last ten days, while rapeseed oil firmed 0.7 percent.
Sep 14, 2012 06:21 PM IST Retail prices of essential food items, including wheat and edible oils, are expected to increase marginally across the country due to a rise in the cost of transport following diesel price hike by over Rs 5 per litre, industry bodies said.
May 28, 2012 09:50 AM IST Mangal Keshav has come out with its report on Chilli, Jeera, Pepper, Cardamom, Soyabean, Edible oils, Guar seed, mustard seed, Mentha oil.
May 04, 2012 10:43 AM IST Mangal Keshav has come out with its report on Chilli, Jeera, Pepper, Cardamom, Soyabean, Edible oils, Guar seed, mustard seed, Mentha oil.
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