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News 2026-09-23 18:00 UTC

India cuts edible oil import duty to lower prices ahead of festivals

By Rajendra JadhavIndia has cut the basic import duty on crude and refined edible oils, including palm oil, soyoil and sunflower oil, the government said in a notification late on Wednesday, as it seeks to lower prices during the peak festive season.Vegetable oil prices in India have risen nearly 2…

News 2026-09-23 16:50 UTC

India cuts import duty on palm oil, soyoil and sunflower oil

India has cut the basic import duty on crude and refined edible oils, including palm oil, soyoil and sunflower oil, the government said in a notification late on Wednesday, as it seeks to lower prices during the peak festive season.The basic import duty on crude palm oil and crude soyoil has been r…