Edible Oils

Mustard prices tumble under weight of heavy arrivals, cheap imported oil

Earlier, a similar zero duty quota on the import of refined soybean oil was abolished

GM mustard (DMH-11) may not solve India's edible oil import problem: ICAR

Indian Institutions engaged in developing GM seeds for 13 crops

Reliance Retail arm takes on Tatas, ITC: Launches FMCG brand 'Independence'

Made-for-India consumer packaged goods brand Independence will roll out nationally after Gujarat unveiling

Skewing the mustard field: The Yellow Revolution's revival needed

Claims that GM mustard will lead to increased yield are incorrect; we must focus on other solutions

27% samples of edible oil, other food items in Thane found adulterated: FDA

At least 27 per cent of the 56 samples of cooking oil and other food items collected from four companies in Maharashtra's Thane district have been found adulterated or with false claims, the Food and Drug Administration (FDA) officials said. The FDA's (Foods) Joint Commissioner, S R Kekre, said the samples tested revealed that palmolein oil was mixed in products sold as sunflower and soyabean oils, rice bran oil was mixed in a product sold as mustard oil and vegetable oil was mixed in products claimed to be milk cream and ghee. Based on complaints, the FDA had carried out raids and inspected the four units located in Dahisar Mori, Bhiwandi, Kalher and Koparkhairne areas of the district, it said in a release. Kekre asked customers to be cautious while purchasing these items. The FDA was in the process of verifying as to whom the wholesalers and manufacturers had sold these adulterated products, he said. Kekre also appealed to the citizens to contact the FDA if they find any ...

Govt bats for GM mustard in SC: To make India self-sufficient in edible oil

The government said the present rate of edible oil consumption in India surpasses the domestic production rate and at present, India meets nearly 55-60% of its edible oil demand through imports

Despite direct impact, edible oil sector is divided on GM mustard approval

Even the opinion of farmers' groups seems divided after AIKS comes out in support

Concessional import duties on edible oils in place till March 2023

Concessional import duties on specified edible oils are in place till March 2023, the food ministry said on Sunday. This decision was taken on August 31, 2022 by the Central Board of Indirect Taxes and Customs (CBIC) in order to boost domestic supply and keeping retail prices under control. The food ministry in its latest statement said that the CBIC's decision of extending existing concessional import duties on specified edible oils is in place till March 2023. "The concessional customs duty on edible oil import has been extended by another 6 months, which means that the new deadline will now be March 2023," the statement said. The ministry also said that domestic edible oil prices have been on a declining trend driven by a fall in global prices. With falling global rates and lower import duties, retail prices of edible oils have fallen considerably in India. According to the statement, the current duty structure on crude palm oil, RBD Palmolein, RBD palm oil, crude soybean oil,

Edible oil shares in focus: AWL, Patanjali Foods freeze at 5% upper circuit

Adani Wilmar has regained Rs 1-trillion market capitalisation, while Patanjali Foods' market cap crossed Rs 50,000 crore today

Edible oil imports surge 35% in Aug as share of Russia, Argentina rises

RBD palmolein now constitute 12% of total imports of edible oils against 2% last year

Edible oil makers asked to remove packaging temperature from the labels

SEA executive director BV Mehta said that several oil companies in India have been resorting to the unfair practice of packing the oil at a higher temperature to reduce the weight

Farm to Fork: Food firms wait for commodity prices to cool further

The second of a four-part series focuses on how food companies are yet to pass on the benefit of the decline in input prices to consumers

'How will import duty cut on two edible oil varieties help boost supply'

According to official sources, Food Secretary has written to the SEA, Indian Vegetable Oil Producers Association (IVPA) and Soybean Processors Association of India (SOPA) in this regard

Mother Dairy cuts prices of soyabean, rice bran oils by up to Rs 15/litre

Mother Dairy, which is one of the leading milk suppliers in Delhi-NCR, sells edible oils under the Dhara brand

Edible oil prices will soften by Rs 15/litre in a few weeks: Industry

Decision arrived at today during a meeting between industry players & officials

Edible oil brand Gulab Oils eyes Rs 5,000 crore turnover in four years

Plans to enter ten states from four currently, expand capacity 10-fold to 1,000 tonnes a day and make additions to product portfolio

Top importer India may cut taxes on edible oils to cool prices: Report

India, the world's top importer of vegetable oils, is looking to cut the agriculture infrastructure and development cess on crude palm oil imports

Agri trade beyond the Ukraine war

India's chances of becoming a stable supplier of wheat are limited in the absence of a long-term policy on foodgrain exports

Ukraine war: Stock limit on edible oils, oilseeds extended up to Dec 31

In view of the ongoing Ukraine-Russia war resulting in supply restrictions, the Centre has extended the stock limits imposed on edible oils and oilseeds until December 31

No proposal at present to supply edible oils at subsidised rates: Govt

Last year, the all-lndia average domestic retail prices of groundnut oil stood at Rs 176.28 per kg as against Rs 147 per kg in 2020