The Supreme Court settled a 20-year-old excise duty debate, deciding that pure coconut oil's classification depends on its branding. If labeled and regulated as edible oil, it falls under that ...

New Delhi: India's edible oil import rose 38.5 per cent to 15.9 lakh tonne in November mainly due to sharp jump in shipments of crude sunflower oil and crude soyabean oil, according to industry data.

As the energy market looks for clues on global crude oil demand growth in 2025, many are eyeing how things may unfold in India with China's consumption flattering to deceive. In 2024, India proved ...

As a result of the reduction, the import cost of crude edible oil fell from around Tk 18 to Tk 7 per kg, according to market insiders. But Mustafa Haider, president of the Bangladesh Edible Oil ...

(Image/Reuters) To diversify import dependence on a few countries, India is aiming to step up sourcing of pulses and edible oils from ... aiming to import sunflower oil from South American country ...

including Madhan Agro Industries (India) Pvt Ltd and M/s Marico Ltd (which makes the popular Parachute brand) insisted that coconut oil, regardless of its packaging, is fundamentally an edible ...

In November, there was a 17% month-on-month increase in the discount on Russia's Urals grade crude oil to an average of USD 6.01 per barrel compared to Brent crude oil. The discount on the ESPO ...

now stand at 27.5% for crude palm oil and 35.75% for refined oil. India imports over 70% of its edible oil requirements, with palm oil accounting for half of this demand. While households use palm ...

The aggregate revenues of contract research, development and manufacturing organisations (CRDMO) in India are projected to reach $14.1 billion in 2028, growing faster than similar companies in ...

Almost every year between 1998 and 2023, China’s oil demand growth has surpassed India’s. It will be India that will drive the increase in the world’s oil consumption in 2024/2025.

Supreme Court on December 18, in its judgment for a 15-year old dispute, said that coconut oil in small packets can be classified as edible oil. The order will help remove ambiguity over whether ...

NEW DELHI, Dec 23 (Reuters) - India's November crude imports showed Middle Eastern oil at a 9-month high while Russia accounted for its smallest share in three quarters, ship tracking data ...