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Indian Edible Oil Imports: April Surge Amidst Overall Decline Sets New Trends

Indian edible oil imports surged by 27.67% in April 2024 despite a 11.65% decline in the first half of 2023-24 oil year....

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India imported 285,829 tonnes of palm oil from Malaysia in April 2024

India's palm oil imports from Malaysia reached 285,829 tonnes in April, constituting 21.6% of total vegetable oil imports. This included 50,181 tonnes...

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India’s Patanjali Foods Q4 profit falls on higher expenses, lower edible oils sales

In Bengaluru, India, Patanjali Foods (PAFO.NS) faced a 22% decline in fourth-quarter profit, totaling 2.06 billion rupees, attributing the slump to sluggish...

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Led by palm group of oils, edible oil imports down 11.65% in H1 of 2023-24 oil year

India's edible oil imports during the first six months of 2023-24 dropped by 11.65% to 70.69 lt compared to the previous year....

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India’s April palm oil imports jump 34 pc on lower global prices

India's palm oil imports surged 34.11% YoY in April to 684,000 tonnes, driven by global price drops, SEA reports. Palm oil constitutes...

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Edible oil imports declined 1st half of oil year

India's edible oil imports witness a 12% dip in the first half of the 2023-24 oil year, totaling 7.14 MT, attributed to...

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Food inflation rose marginally to 8.7% in April

Retail food inflation surged to 8.7% year-on-year in April 2024, up from 8.52% in March, driven by soaring prices of vegetables, pulses,...

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Investor gets ADC nod to grow crops in vast Galana farm

In Kilifi County, a private investor secured approval to cultivate 40,000 acres of Agricultural Development Corporation land. Nyumba Foundation plans to grow...