Edible oil

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Image for representational purposes | Photo Credit: G. Ramakrishna The Centre on Friday directed edible oil associations to further reduce the maximum retail price (MRP) of major edible oils by ₹8-12 per litre with immediate effect, in…

Edible oil major Adani Wilmar on Wednesday reported 60 per cent decline in consolidated net profit at ₹93.61 crore for the quarter ended March 2023 on lower revenue amid decline in prices of cooking oils. Consolidated revenue…

NEW DELHI: The apex industry body of solvent extractors, SEA, has urged the retailers of edible oils to reduce the MRP as the current prices are in line with the fall in international prices in the next couple of months and despite domestic…

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Last Updated: December 15, 2022, 14:05 ISTImports of vegetable oils rose 32 per cent in November 2022 to 15,45,540 tonne from 11,73,747 tonne in the same month last year.Shipments of edible oils increase to 15,28,760 tonne in November this…

The prices of mustard, groundnut, soybean oil-oilseeds, cottonseed, crude palm oil, and palmolein oil fell in India following a slump in the global markets. The cost of mustard seeds decreased by Rs 175 close to Rs 7,300-7,350 per quintal…

As the festival of lights, Diwali, approaches, the prices of edible oil are likely to surge. The sudden increase in the price is linked to geopolitical tensions, OPEC country’s oil production restrictions, and Indonesia’s decision to curb…

Indian cuisine is world famous for its spicy and rich foods; and much of the richness comes from oil, which is usually a tad bit too much. We have always enjoyed the depth and body of our hefty desi meals. But now our preferences are…

The government has asked edible oil manufacturers, packers and importers to declare the net quantity in volume without mentioning temperature with the weight of the product. The companies have been given six months (up to January 15, 2023)…