Palm oil

Yoga Guru Ramdev holds press conference, says, 'The aim is to give importance to Mission Palm Oil'

Baba Ramdev PC: Yoga Guru Baba Ramdev held a press conference today. During this press conference, he explained the importance of palm plantation and also explained the benefits for the farmers. Know in detail what Ramdev said in this report.

Jun 15, 2023, 13:04 PM IST

Big respite for Indian consumers as edible oil price eases: Here’s list of things that could get affordable

With Indonesia finally restarting the palm oil exports, the prices of edible oils and other daily life products could go dow. 

May 20, 2022, 14:15 PM IST

Indonesia lifts palm oil export ban from May 23 as domestic cooking oil supply situation improves

The domestic cooking oil supply situation in the country has improved.

May 19, 2022, 17:51 PM IST

DNA: Why is there a crisis of edible oil in the world?

There is a serious crisis of edible oil all over the world. This simply means that there may be a shortage of edible oil coming to your house in the next few days.

Apr 30, 2022, 02:34 AM IST

Indonesia bans palm oil export, world to face the jitters

Indonesia has decided to ban the export of palm oil from April 28, the country’s President Joko Widodo announced on Friday. 

Apr 22, 2022, 21:31 PM IST

Govt slashes import duty on refined palm oil to 12.5% to cool retail prices

With reduction in the basic custom duty (BCD), the effective levy (including social welfare cess) on both refined palm oil and refined palmoline will come down to 13.75 per cent from 19.25 per cent, according to Solvent Extractors' Association of India (SEA).

Dec 22, 2021, 09:36 AM IST

Good news on edible oil prices! Modi govt takes big decision to reduce heavy dependence on imports for edible oils, approves Rs 11,040 crore scheme

Under National Mission on Edible Oils – Oil Palm scheme, it is proposed to cover an additional area  of 6.5 lakh hectare (ha.) for oil palm till the year 2025-26 and thereby reaching the target of 10 lakh hectares ultimately. 

Aug 18, 2021, 17:13 PM IST

After petrol, now edible oil puts kitchen budget on fire, increases upto 60% in a year

Crude palm oil has reached record highs. Soybean and Soya oil prices have also witnessed newer highs with prices increasing between 30% to 60% in a year, as a result of which edible oil has become so expensive. 

Mar 09, 2021, 16:49 PM IST

To defuse palm row, Davos diplomacy likely between India, Malaysia

Malaysia is the second-biggest producer and exporter of palm oil and India`s restrictions on the refined variety of the commodity imposed last week have been seen as a retaliation for Mahathir`s criticism of New Delhi`s actions.

Jan 18, 2020, 19:35 PM IST

More curbs expected on import of Malaysian palm oil

Now it's a time to pay the price for Malaysia. Reports suggested that Indian authorities started preparation to put a complete ban on the import of Malaysian palm oil. Earlier India already imposed restrictions on imports of refined palm oil and palmolein. It is to be believed that Indian retaliation came against top supplier after its criticism of India's actions in Kashmir and new citizenship law.

Jan 15, 2020, 16:46 PM IST

India restricts refined palm oil imports after Malaysia's criticism of PM Modi

India imposed restrictions on imports of refined palm oil and palmolein on Wednesday, a move sources said was retaliation against top supplier Malaysia after its criticism of India`s actions in Kashmir and a new citizenship law.

Jan 08, 2020, 20:06 PM IST

Customs duty on imports of subject goods originating in Malaysia increased by 5%

Government seeks that the step will help limit import of Palm Oil from Malaysia, thereby benefiting domestic farmers directly.

Aug 26, 2019, 18:08 PM IST

WHO study likens palm oil lobbying to tobacco and alcohol industries

Trans fats are prepared in an industrial process that makes liquid oils solid at room temperature, and are now widely recognised as bad for health.

Jan 09, 2019, 10:26 AM IST

Palm oil imports rise 23% in June on lower global prices

India's palm oil imports rose by 23 percent to 7,34,358 tonnes in June against the year-ago period on account of lower global prices, Solvent Extractors' Association (SEA) said Wednesday.

Jul 15, 2015, 20:46 PM IST

India's March palm oil imports jump 25%: SEA

India's palm oil imports rose by 25 percent to 6,82,274 tonnes in March against the year-ago period due to cheaper shipments from Indonesia and Malaysia, Solvent Extractors' Association (SEA) said on Wednesday.

Apr 15, 2015, 14:08 PM IST

India's palm oil imports fall over 21% in Jan: SEA

Palm oil imports fell 21.25 percent to 6,58,670 tonnes in January due to spurt in global prices of crude palm oil (CPO), Solvent Extractors' Association (SEA) said Friday.

Feb 13, 2015, 16:02 PM IST