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Patanjali Foods’ profit surges despite revenue dip, edible oil boosts bottomline

"Patanjali Foods, led by Baba Ramdev and Acharya Balkrishna, reported a significant profit increase despite a revenue decline. For the quarter ending...

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Union Budget: Edible oil industry seeks higher customs duty to motivate farmers

Even though the Union Budget has given a fresh impetus to the agriculture sector, the edible oil industry feels that to increase...

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India’s July edible oil imports to surge to record on robust palm buying: report

India has bought a record amount of edible oils for July delivery, driven by refiners increasing palm oil and soy oil purchases...

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Consider keeping food prices out of inflation target: CEA

The short-term outlook for India’s inflation trajectory is benign, with the pace of price rise likely to align with the 4% target...

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Patanjali Foods shares up over 2% after profit surge in first quarter

Shares of Patanjali Foods rose over 2% on July 22 after reporting a threefold jump in net profit to ₹263 crore for...

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Mustard Oil Market Heats Up: Supply Chains Strain as Demand Soars

In recent months, Mustard Oil prices have surged, impacting consumers and food manufacturers globally. Adverse weather, reduced vegetable oil acreage, and trading...

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India’s short-term inflation moderate, but requires long-term measures: Economic Survey

Inflation risk in India is currently under control but requires policy measures for long-term stability, as per the Economic Survey 2023-24. Inflation...

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China releases first corporate standard in road tanker truck for edible oil transportation

A Chinese vehicle manufacturer, CIMC Vehicles (Group) Co, has introduced the first domestic corporate standard for tanker truck equipment for edible oil...