On May 30, 2025, the government announced a reduction in the Basic Customs Duty (BCD) on key imported crude edible oils -- Crude Palm Oil (CPO), Crude Soybean Oil, and Crude Sunflower Oil -- lowering it from 20 per cent to 10 per cent.
New Delhi [India], July 6 (ANI): As edible oil prices are slashed down globally, the prices in India will come down by Rs. 10 to Rs. 12 per litre, said sources on Wednesday.
New Delhi [India], March 31 (ANI): Disruptions caused by the ongoing Russia-Ukraine conflict is likely to lead to a supply shortfall of at least 4-6 lakh tonne of crude sunflower oil for India during the financial year beginning April 1, according to CRISIL Ratings estimate released on Thurs
New Delhi [India], September 17 (ANI): A massive difference in daily wholesale prices was reported, following the Centre's decision to slash the standard rate of duty on edible oils a week ago to check prices, the Ministry of Consumer Affairs, Food & Public Distribution said on Friday.