Reduce retail edible oil prices in line with global fall, industry body advises producers

May 02, 2023

Edible oil industry body The Solvent Extractors' Association of India on Tuesday said it has advised all its members to reduce retail prices in...

Govt meets edible oil producers, advises further price reduction

Jun 02, 2023

A meeting was held Friday between the food department and the leading edible oil industry representatives in India to discuss a further reduction in...

Major edible oil companies have slashed edible oil prices by Rs 30-40: Food Secy

Dec 30, 2021

New Delhi [India], December 30 : Major edible oil companies have cut the maximum retail price (MRP) of their products by Rs 30 to...

Adani Wilmar reports 12 pc decline in revenue in Q1

Aug 02, 2023

The company said the decline in revenue during the quarter was reflective of a steep decline in edible oil prices.

Cabinet approves National Mission on Edible Oils with outlay of Rs 11,040 cr

Aug 18, 2021

New Delhi [India], August 18 : With the aim to increase domestic production of edible oil, the Union Cabinet on Wednesday approved the implementation...

Edible oil prices decline considerably, Centre’s interventions bear fruit

Jul 26, 2023

India is the world's second-largest consumer and number one vegetable oil importer, and it meets 60 per cent of its need through imports.