-PTI/ The Hindu Currently, basic customs duty on crude palm oil is 15%, while it is 45% for all other categories of Palmolein. The government on Tuesday reduced basic customs duty on crude palm oil to 10%, which will help bring down the edible oil prices in the retail market. The Central Board of Indirect Taxes and Customs (CBIC) in a notification cut the basic customs duty on crude palm oil to 10%...
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Malaysia concerned by India palm oil import curbs but to speak against New Delhi's actions: Mahathir Mohamad
-PTI * Mahathir said Malaysia may now need to find another solution after the boycott of its palm oil by Indian palm oil refiners and traders * India, the world's largest importer of vegetable oils, buys nearly 15 million tonnes annually KUALA LUMPUR: With India restricting the import of refined palm oil that has hit Malaysia, Prime Minister Mahathir Mohamad on Tuesday said he was concerned about it but that would not stop...
More »Centre hikes import duty on crude, refined soft edible oils
-The Hindu Business Line Palm oil imports slow down in May Bengaluru/ Ahmedabad: The Centre has increased the import duty on crude and refined soft edible oils such as soy oil, sunflower oil and rapeseed on Thursday. Duty on crude soft edible oils has been hiked to 35 per cent and on and soft oils to 45 per cent. Earlier, crude soy oil attracted an import duty of 30 per cent, and sunflower...
More »Price collapse: The MSP mirage -Parthasarathi Biswas
-The Indian Express Modi government’s decision to hike import duty on edible oils has come too little, too late for soyabean farmers Latur: Arun Kulkarni planted soyabean on 10 out of his 14-acre holding in the recent kharif season and harvested 65 quintals of the crop towards September-end. But unlike most of his neighbours, this farmer from Tandulja village in Latur — Maharashtra’s largest soyabean-growing district and the country’s No. 2...
More »Eggs, banana, milk likely to find place in school thalis -Akshaya Mukul
-The Times of India NEW DELHI: Nearly 11 crore children having midday meals daily can expect more wholesome food in the coming months as the HRD ministry has revised food norms after seven years. In fact, norms for cereals have been revised for the first time since MDM came into force in 1995. A committee headed by Vinod Paul, head of neo-natal department, AIIMS has recommended reduction in cereal intake - 100...
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