The government has reduced the tariff value for import of edible oil, including palm oil, by up to $112 per tonne, a move which experts said can lead to lower domestic prices. Photograph: Jason......
The Oilseeds production in the country is stagnant at around 27-28 million tonnes and the productivity at 950/1000 Kg. per hectare.The country is heavily dependent on import.Last year (2010-11),......
The finance ministry is pushing for rationalisation of import duties on edible oils like palm oil, mustard oil and coconut oil in the Budget.The proposal to allow import of oilseeds is, however,......
Amid short supply of gold in domestic market during the festival season, the government today hiked the import tariff value of gold to $442 per ten gram in line with global prices of the precious......
Consumer prices of edible oil, which shot up 12 per cent in a year, are likely to fall, with the government cutting import duty on four edible oil categories on Wednesday. Retail prices of palm......