Search result for 'edible oils'

Stable Food Prices Expected During Festivals: Govt

September 18, 2024 15:06

India's Food Secretary assures stable prices of essential commodities like sugar and edible oils during upcoming festivals, despite recent duty hikes on some oils.

Import Duty on Edible Oils to Benefit Farmers: Chouhan

September 17, 2024 22:44

Union Minister Shivraj Singh Chouhan says the 20% import duty on edible oils will help Indian farmers get better prices for their oilseed crops. The move aims to support domestic production and...

Govt Holds Edible Oil Firms on Price Hike Amid Stockpiles

September 17, 2024 19:48

India's government has instructed edible oil processors to maintain retail prices despite recent duty increases, citing ample stock imported at lower rates. The move aims to support domestic...

Modi: Easing Export Rules on Rice, Onions Will Boost Farmers' Income

September 14, 2024 19:36

Prime Minister Modi lauded recent changes in agricultural export policies, stating that easing export norms on basmati rice and onions will boost farmers' incomes and create rural jobs.

Duty Hike on Edible Oils Benefits Farmers: Official

September 14, 2024 10:34

India raises import duty on crude palm and refined sunflower oil, benefiting farmers in states like Maharashtra and Madhya Pradesh. The move also includes removal of minimum export price on onion,...

GQG Partners Boosts Patanjali Foods Stake by 1.24%

September 13, 2024 19:40

GQG Partners, backed by billionaire Rajiv Jain, increased its stake in Patanjali Foods by 1.24% for Rs 835 crore. The investment firm now holds 4.43% of the edible oil company.

Shree Tirupati Balajee Agro Shares Surge 17.50% on Market Debut

September 12, 2024 18:36

Shree Tirupati Balajee Agro Trading Company shares closed at their upper circuit limit on their market debut, rising 17.50% from the issue price. The company's IPO received 124.74 times subscription.

Soyabean Oil Imports Surge Amid Price Drop: Farmers' Concerns Rise

September 12, 2024 14:58

India's soyabean oil imports hit a seasonal high in August, as local soyabean prices dropped below the MSP. Farmers are worried about their income with the new crop's arrival. Read more.

Shree Tirupati Balajee Agro Shares Surge 12% on Debut

September 12, 2024 11:02

Shree Tirupati Balajee Agro Trading Company shares listed with a premium of nearly 12% on the BSE and NSE, reflecting strong investor demand for the IPO. The company is engaged in manufacturing and...

Shree Tirupati Balajee Agro IPO Oversubscribed 124.74 Times

September 9, 2024 18:43

Shree Tirupati Balajee Agro Trading Company's IPO received a massive 124.74 times subscription on the closing day, with strong interest from QIBs and retail investors.

Shree Tirupati Balajee Agro IPO Subscribed 18.16 Times

September 6, 2024 18:43

Shree Tirupati Balajee Agro Trading IPO was subscribed 18.16 times on day 2, exceeding the quota for non-institutional investors and retail individual investors.

Adani's Journey: From Rejected College Applicant to $220 Billion Empire

September 5, 2024 20:53

Gautam Adani, India's second-richest person, was rejected by Jai Hind College in Mumbai but went on to build a USD 220 billion empire. He delivered a lecture at the same college on Teachers Day,...

Shree Tirupati Balajee Agro IPO Oversubscribed 6.36 Times

September 5, 2024 17:59

Shree Tirupati Balajee Agro Trading Company's IPO received a strong response on Day 1, garnering 6.36 times subscription. The IPO will conclude on September 9.

Shree Tirupati Balajee Agro Trading IPO Opens Sep 5 - Rs 78-83/share

September 2, 2024 19:57

Shree Tirupati Balajee Agro Trading IPO opens on September 5th with a price band of Rs 78-83 per share. The IPO, aiming to raise nearly Rs 170 crore, will conclude on September 9th. Learn more.

India Seeks Import Duty Hike for Edible Oil Self-Sufficiency

August 28, 2024 22:16

Niti Aayog proposes raising import duty on edible oils to boost domestic production and make India self-sufficient in edible oil production.

RBI: Food Price Moderation in August, Concerns Remain

August 19, 2024 19:25

The Reserve Bank of India (RBI) reports a decrease in cereal, pulse, and edible oil prices in August. However, the article highlights concerns about food inflation persistence and its potential...

FMCG Volume Growth: Rural Demand & E-commerce Drive

August 18, 2024 14:28

FMCG companies report sustained volume growth fueled by rural demand recovery and e-commerce boom, despite concerns over rising food inflation.

India Edible Oil Imports Dip 1.6% in 2023-24: SEA

August 15, 2024 15:50

India's edible oil imports declined by 1.6% in the first nine months of 2023-24, according to the Solvent Extractors' Association of India (SEA). Learn more about the import trends and key suppliers.

India Palm Oil Imports Hit Seasonal High, Cause Port Congestion

August 14, 2024 14:16

India's palm oil imports surged to a seasonal high in July, leading to port congestion and berthing delays. The increase was driven by the upcoming festive season, resulting in a 20% surge in...

Indian FMCG Companies Resume Operations in Bangladesh

August 13, 2024 19:01

Indian FMCG companies, including Marico, Dabur, Emami, and Pidilite, are resuming operations in Bangladesh after recent violence. Businesses are gradually returning to normalcy.

Ethiopia Reels from Currency Reforms, Inflation Soars

August 12, 2024 14:48

Ethiopia's new flexible exchange rate policy has caused the birr to plummet, leading to soaring inflation and price instability across the country. Businesses struggle to keep up with the volatile...

Godrej Agrovet to Set Up Oil Palm Mill in Tripura

August 10, 2024 17:18

Godrej Agrovet will set up an Oil Palm Processing mill in Tripura with an initial capacity of 10 tph, boosting local farmers' income and contributing to the National Mission on Edible Oil - Oil Palm.

India to Import 80-100 Lakh Tonnes of Pulses by 2030: Expert

August 9, 2024 19:31

Expert warns India may need to import 80-100 lakh tonnes of pulses by 2030 due to paddy subsidies, urging for crop-neutral incentives to boost pulse production.

Marico Shares Plunge 6.50% on Bangladesh Crisis

August 6, 2024 19:44

Marico shares tumbled 6.50% on Tuesday, driven by political unrest in Bangladesh, a key market for the FMCG giant. The company's market valuation declined by Rs 5,657.55 crore.

Boost Farm Exports, Cut Imports: MoS Agri Choudhary

August 5, 2024 20:51

India's Minister of State for Agriculture calls for increased farm exports and reduced imports, highlighting the need to make farming profitable and promote agritech startups.

Adani Wilmar Stock Surges 5% After Demerger

August 2, 2024 11:45

Adani Wilmar shares climbed 5% after Adani Enterprises announced the demerger of its food-FMCG division. The move aims to unlock value for shareholders and focus on the edible oil business.

Adani Enterprises Demerges Food-FMCG Biz to Adani Wilmar

August 1, 2024 17:45

Adani Enterprises is demerging its food-FMCG division and strategic investments in Adani Commodities to Adani Wilmar to focus on growth and profitability.

Adani Enterprises Q1 Profit Doubles on New Energy Growth

August 1, 2024 17:14

Adani Enterprises' net profit surged 116% in Q1 FY25, driven by strong performance in new energy business, particularly solar and wind. Coal trading saw decline.

Adani Wilmar to Invest Rs 600 Crore in Edible Oil, Solar Expansion

July 30, 2024 16:53

Adani Wilmar plans to invest Rs 600 crore to expand its edible oil business and solar power capacities. The company also plans to launch new food products for consumers and institutional buyers.

Adani Wilmar Shares Surge 6% on Q1 Profit

July 29, 2024 17:34

Adani Wilmar shares climbed 6% on Monday after reporting a strong Q1 net profit of Rs 313.20 crore driven by higher revenue from cooking oils and FMCG products.

Adani Wilmar Q1 Profit Jumps to Rs 313 cr on Higher Income

July 29, 2024 15:00

Adani Wilmar reported a consolidated net profit of Rs 313.20 crore for the April-June quarter, a significant turnaround from a loss in the same period last year.

Edible Oil Import Duties Unchanged: SEA Disappointed

July 24, 2024 15:35

The Solvent Extractors' Association of India (SEA) expressed disappointment over the lack of import duty hikes on cooking oils in the Union Budget, despite calls to support domestic production.

Budget 2023: GIFT City, Diamond Industry Hail Launchpad for Developed India

July 23, 2024 19:04

India's Union Budget 2023 has been welcomed by the diamond sector and GIFT City, with industry leaders calling it a launchpad for a developed India. Key highlights include tax relief for the middle...

Union Budget 2024: Agri Sector Reactions - Forward Looking or Empty-Handed?

July 23, 2024 18:14

The Union Budget 2024 has sparked mixed reactions in the agriculture sector. While some hail its focus on research and self-sufficiency, others find it lacking in key demands.

Economic Survey: Remove Food From Inflation Targeting

July 22, 2024 15:08

India's Economic Survey suggests removing food from the inflation-targeting framework, arguing that higher food prices are often supply-induced. It proposes using coupons or direct cash transfers...

Mother Dairy Targets Rs 17,000 Cr Turnover in FY25

July 21, 2024 13:24

Mother Dairy aims for a 13% growth in turnover to Rs 17,000 crore in FY25, driven by increased demand for dairy and edible oil products.

Patanjali Foods Net Profit Surges 3-Fold to Rs 262.9cr

July 19, 2024 19:46

Patanjali Foods Ltd reports a significant jump in net profit for Q1 FY24, reaching Rs 262.90 crore, despite a decline in total income. The company's edible oils segment saw sales of Rs 5,330.33 crore.

Paddy Sowing Up 7% in Kharif Season: Monsoon Boost

July 19, 2024 19:12

Paddy sowing has increased by 7% this Kharif season due to better monsoon rains. Pulses and oilseeds acreage also rose, while coarse cereals saw a decline. Read more.

High-Yielding Pulses, Oilseeds to Cut Imports: Chouhan to ICAR

July 16, 2024 17:44

Agriculture Minister Shivraj Singh Chouhan calls for development of high-yielding pulses and oilseeds to reduce India's import dependency, urging ICAR scientists to focus on crop diversification...

Paddy Sowing Up 21% in Kharif Season: Monsoon Boost

July 15, 2024 21:01

India's paddy sowing area has surged 21% this kharif season due to better monsoon rains, with pulses and oilseed acreage also seeing significant growth. Learn more about the impact on crop production.

Adani Wilmar Acquires 67% Stake in Omkar Chemicals

July 12, 2024 14:43

Adani Wilmar to acquire 67% stake in Omkar Chemicals Industries at an enterprise value of Rs 56 crore. The acquisition will allow Adani Wilmar to expand its presence in the speciality chemicals...

India's Veg Oil Imports Surge 18% in June

July 11, 2024 18:23

India's vegetable oil imports rose 18% in June to 15.5 lakh tonnes, driven by higher crude palm oil and sunflower oil imports. Learn more about India's vegetable oil import trends.

Louis Dreyfus Relaunches 'Vibhor' Edible Oil Brand in North India

July 10, 2024 16:40

Louis Dreyfus Company relaunches its edible oil brand 'Vibhor' in North India's B2C segment, aiming to capitalize on the growing market. The brand offers soybean, palmolein, cotton seed, and...

FMCG Revenue Growth & Margin Improvement in Q1 FY24

July 7, 2024 11:20

FMCG companies anticipate single-digit revenue growth and margin expansion in Q1 FY24, driven by rural demand revival and stable urban markets. Read more.

Adani Wilmar Reports 13% Volume Growth in June Quarter

July 5, 2024 19:30

Adani Wilmar, edible oil major, reports 13% volume growth in June quarter driven by market-specific strategies and strong performance across segments.

Marico Q1: Domestic Business Up, Margins Improve - PTI

July 5, 2024 17:54

Marico's domestic business saw modest volume growth in Q1, with key brands like Parachute showing signs of recovery. Gross margins are expected to expand year-on-year.

FMCG Sector Growth: 7-9% Revenue Rise in FY25 | Crisil

July 4, 2024 19:04

Crisil forecasts FMCG sector revenue to grow 7-9% in FY25, driven by rural market recovery and premiumization. F&B, personal care, and home care segments expected to see strong growth.

Patanjali Foods Buys Home & Personal Care Biz for Rs 1,100 Cr

July 1, 2024 17:48

Patanjali Foods to acquire Patanjali Ayurved's home and personal care business for Rs 1,100 crore, expanding its FMCG portfolio and consolidating the 'Patanjali' brand.

Oilseed Production Push: SEA Urges Govt Action in 2024 Budget

June 20, 2024 17:19

The Solvent Extractors Association of India (SEA) has called for a national mission to boost oilseed production in the upcoming budget, aiming to reduce India's dependence on imports.

Palm oil body urges HUL to reconsider plans to cut palm oil content in soaps

June 18, 2024 16:14

The Asian Palm Oil Alliance (APOA) has urged Hindustan Unilever (HUL) to reconsider plans to reduce palm oil content in its soaps, warning of negative impacts on palm oil farmers.

SEA seeks end to export ban on de-oiled rice bran as prices slump

June 18, 2024 13:35

The Solvent Extractors' Association of India (SEA) has urged the government to lift the export ban on de-oiled rice bran, citing falling domestic prices and the need to regain global market...

India Palm Oil Imports Surge 74% in May: SEA

June 13, 2024 14:50

India's palm oil imports jumped 74% in May, driven by rising domestic demand. Total vegetable oil imports also increased, with sunflower and soybean oil imports also seeing growth.

Adani Enterprises Shares Surge to Pre-Hindenburg Levels

May 24, 2024 17:51

Adani Enterprises shares have rebounded to pre-Hindenburg report levels, hitting a one-year high. The company's stock price has soared over 189% since February 27, 2022.

Tripura To Get Fuel, Goods Via Bangladesh: Minister

May 20, 2024 21:23

Tripura government is working on an arrangement to bring fuel and essential goods via Bangladesh to avoid disruptions caused by rail and road closures.

India's Palm Oil Imports Surge 34% in April

May 14, 2024 14:14

India's palm oil imports jumped 34.11% in April, driven by lower global prices, according to the Solvent Extractors' Association of India (SEA).

Patanjali Foods Faces GST Dues Show Cause Notice - Rs 27.46 Crore

April 30, 2024 10:29

Patanjali Foods received a show cause notice from GST intelligence department for Rs 27.46 crore input tax credit recovery. The company will defend its case.

Patanjali Foods Faces GST Dues: Rs 27.46 Crore Input Tax Credit Under Scrutiny

April 29, 2024 23:06

Patanjali Foods has received a show cause notice from GST intelligence for potential recovery of Rs 27.46 crore in input tax credit. The company plans to defend its case.

Patanjali Foods to Buy Patanjali Ayurved's Non-Food Business

April 26, 2024 20:50

Patanjali Foods will evaluate a proposal to acquire the non-food business of Patanjali Ayurved, including dental care, home care, and personal care products. The move could significantly boost...

Patanjali Foods to Acquire Patanjali Ayurved's Non-Food Business

April 26, 2024 20:03

Patanjali Foods Ltd is evaluating a proposal to acquire the non-food business of Patanjali Ayurved, which could expand its product portfolio and boost revenue.

Patanjali Foods Shares Surge 7% on GQG Stake Hike

April 16, 2024 20:52

Patanjali Foods shares climbed 7% after a revised shareholding pattern showed US-based GQG Partners hiked its stake in the company.

Marico Sees Gradual Growth in Core Categories | PTI

April 5, 2024 14:14

Marico expects a gradual uptick in the growth of its core categories in the coming years, driven by initiatives to enhance profitability and expand its reach.

India Mustard Seed Output to Hit Record High of 12 Million Tonnes

April 4, 2024 14:59

India's mustard seed production is expected to reach an all-time high of 12 million tonnes in the 2023-24 season, driven by record sowing area and favorable conditions.

India Launches Mission to Boost Oilseeds Production

March 4, 2024 18:48

India aims to reduce edible oil imports by boosting oilseeds production. The government has launched a Rs 11,000 crore mission to achieve self-reliance.

Lift Export Ban on De-oiled Rice Bran: SEA Urges Govt

March 1, 2024 18:50

The Solvent Extractors Association of India (SEA) has urged the government to lift the export ban on De-oiled Rice Bran (DORB), arguing that it hasn't reduced milk prices but has negatively...

MSP Procurement Disincentivizes Crop Diversification: Niti Aayog

February 29, 2024 22:04

Niti Aayog panel recommends restricting wheat and rice procurement at MSP to meet food security needs, urging diversification towards high-value crops.

Adani Group EBITDA Soars 34% to Rs 79k cr in 2023

February 29, 2024 19:48

Adani Group's EBITDA surged to Rs 79,000 crore in 2023, driven by strong performance in core infrastructure businesses. Learn more about the group's financial highlights and key growth drivers.

Patanjali Foods unaffected by SC's ad observations

February 27, 2024 22:28

Patanjali Foods says its business operations and financial performance will not be impacted by the Supreme Court's observation on ads related to ayurvedic medicines sold by a promoter group firm.

KRBL Diversifies into Rice Bran Oil, Expands Non-Basmati Rice

February 26, 2024 15:49

KRBL, known for its India Gate brand, is venturing into edible oils with rice bran oil launch next year. The company is also expanding its premium non-basmati rice segment with new processing units...

Household Spending Doubled in a Decade: NSSO Survey

February 25, 2024 11:32

India's National Sample Survey Office (NSSO) reports a significant increase in monthly household consumer spending between 2011-12 and 2022-23, with per capita expenditure more than doubling in...

PM Modi Launches World's Largest Grain Storage Plan

February 24, 2024 13:22

PM Modi launched a Rs 1.25 lakh crore grain storage program in India, aiming to create 700 lakh tonne storage capacity in 5 years, benefiting farmers and reducing imports.

PM Modi Inaugurates Grain Storage Plan in Coop Sector

February 24, 2024 11:53

PM Modi inaugurates 11 godowns in PACS across 11 states, laying foundation for 500 more, as part of India's largest grain storage plan in the cooperative sector.

Farmers' Concerns to be Resolved Before Wheat Procurement: Food Secretary

February 22, 2024 17:37

The Indian government is hopeful of resolving farmers' concerns before the wheat procurement season begins in March. The Food Secretary also said wheat crop is in good condition and procurement may...

India's Edible Oil Industry Seeks Import Curbs for Protection

February 12, 2024 16:52

The Solvent Extractors Association of India (SEA) has urged the government to restrict imports of finished oleochemical products like stearic acid and refined glycerine to protect the domestic...

India's Vegetable Oil Imports Fall 28% in January

February 12, 2024 16:31

India's vegetable oil imports declined by 28% in January 2024, reaching 12 lakh tonnes. The fall is attributed to lower production and global economic issues, potentially leading to price...

FMCG Industry Grows 6.4% in Q4 2023: NielsenIQ

February 6, 2024 15:10

India's FMCG sector saw a 6.4% volume growth in Q4 2023, driven by both urban and rural consumption. NielsenIQ reports a narrowing consumption gap between urban and rural markets.

Mustard Crop Acreage Rises 5% in 2023-24 Rabi Season

February 5, 2024 16:36

Mustard crop acreage in India has increased by 5% to 100.39 lakh hectares in the 2023-24 rabi season, according to the Solvent Extractors' Association of India (SEA).

India's Edible Oil Self-Reliance Plan: Interim Budget Highlights

February 1, 2024 20:44

India's interim budget outlines plans for edible oil self-reliance, dairy sector support, and increased food processing. Learn about the key initiatives announced.

India Aims for Cooking Oil Self-Reliance: SEA Welcomes Plan

February 1, 2024 15:02

The Solvent Extractors' Association of India (SEA) welcomes the government's 'Atmanirbhar Oil Seeds Abhiyan' aimed at reducing India's reliance on imported cooking oils. The plan focuses on...

India Aims for Edible Oil Self-Reliance: Interim Budget Highlights

February 1, 2024 14:01

India's interim budget focuses on agricultural self-reliance, with plans to boost domestic edible oil production and support dairy farmers. The budget also promotes food processing and investment...

Adani Wilmar Q3 Profit Down 18% to Rs 201 Crore

January 31, 2024 16:41

Adani Wilmar's Q3 profit declined 18% to Rs 201 crore due to lower income from cooking oil price fall. Revenue also decreased, but branded products saw strong growth.

Adani Group Recovers After Hindenburg Report: Investors Shun Short Seller

January 24, 2024 16:35

Adani Group has clawed back its narrative after a Hindenburg report accused it of stock manipulation and fraud. The group's strong business performance and investor confidence have helped its stock...

BL Agro to Invest Rs 500 Cr in Telangana Plant

January 18, 2024 18:27

BL Agro plans to invest Rs 500 crore in Telangana to set up a manufacturing plant for food products, creating 5,000 jobs and supporting the agri value chain.

Adani to Invest Rs 62,400 Cr in Data Centers, Energy Projects

January 17, 2024 21:07

Adani Group to invest Rs 62,400 crore in data centers and energy projects in Maharashtra and Telangana, boosting digital infrastructure and creating jobs.

Adani to Invest Rs 12,400 Cr in Telangana Projects

January 17, 2024 13:02

Adani Group to invest Rs 12,400 crore in Telangana, including a data centre, clean energy projects, and a cement plant. The investments are expected to create thousands of jobs and boost the...

Adani to Invest Rs 12,400 Cr in Telangana Projects

January 17, 2024 12:57

Adani Group will invest over Rs 12,400 crore in Telangana, including a data center, clean energy projects, and a cement plant. The investments were announced at the World Economic Forum in Davos.

India Inc Revenue Growth: 8-10% in Q3 - Report

January 16, 2024 22:09

India Inc's revenue is expected to have grown by 8-10% in the December quarter, driven by strong performance in consumer discretionary and export-linked sectors. Read more.

Mother Dairy Launches Buffalo Milk in Delhi-NCR

January 16, 2024 15:27

Mother Dairy launches buffalo milk variant in Delhi-NCR at Rs 70/litre, aiming for Rs 500 crore brand by March 2025. The milk offers 6.5% fat and 9% SNF, providing a creamier texture and rich taste.

Molasses Export Duty: 50% Levy, Edible Oil Import Duty Extended

January 16, 2024 09:19

India imposes 50% export duty on molasses, while extending lower import duties on edible oils like palm, soyabean, and sunflower till March 2025.

Edible Oil Imports Drop 16% in December: SEA

January 12, 2024 15:09

India's edible oil imports fell 16% in December to 13.07 lakh tonnes, driven by lower crude and refined palm oil shipments, according to Solvent Extractors' Association of India (SEA).

Adani Group Invests Rs 42,700 Cr in Tamil Nadu - Global Investors Meet 2024

January 8, 2024 22:13

Adani Group commits Rs 42,700 crore investment in Tamil Nadu across sectors, including green energy, data centers, and cement, during the Global Investors Meet 2024.

Veg & Non-Veg Thali Costs Decline in December

January 8, 2024 11:56

Thali costs decreased in December due to falling onion and tomato prices. Veg thali costs fell 3%, while non-veg thali costs dropped 5% month-on-month.

FMCG Volume Growth Slows in Q3: Rural Lags, Urban Steady

January 7, 2024 11:15

Leading FMCG companies anticipate low to mid-single-digit volume growth in Q3, with rural markets lagging behind urban areas. Learn more about the factors impacting FMCG growth.

Marico Optimistic on Consumer Uptick in 2024

January 5, 2024 20:16

Marico sees a gradual rise in consumer spending in 2024 due to improving macro indicators and pricing. Rural markets remain subdued, while the company expects strong growth in its core and new...

TCIL to Invest Rs 1,785 Cr for New Jamshedpur Facility

December 29, 2023 18:24

Tinplate Company of India Ltd (TCIL) will invest Rs 1,787 crore to set up a 3-lakh-tonnes-per-annum manufacturing facility in Jamshedpur, Jharkhand, creating 600 jobs.

India's Farm Sector: Bountiful Harvest Amid Food Inflation

December 28, 2023 10:51

Despite weather challenges, India's farm sector is expected to have a bountiful harvest, as the government takes steps to manage food inflation ahead of the 2024 elections.

India Controls Food Prices: Goyal Highlights Proactive Measures

December 24, 2023 16:39

India's Food and Consumer Affairs Minister Piyush Goyal discusses the government's proactive steps to control food prices and ensure economic growth, including price monitoring, buffer stock...

India's Vegetable Oil Imports Fall 25% in November

December 15, 2023 13:43

India's vegetable oil imports declined by 25% in November, driven by a decrease in crude and refined oil imports. The Solvent Extractors' Association of India (SEA) attributes the decline to import...

Adani Group EBITDA Soars 47% to Record Rs 43k cr in H1

December 11, 2023 16:59

Adani Group reports a 47% jump in EBITDA to Rs 43,688 crore in H1 FY24, driven by strong performance across its infrastructure businesses. Learn about the key growth drivers and milestones achieved.

RBI Retains FY24 Inflation at 5.4%, Food Prices Uncertain

December 8, 2023 14:57

The Reserve Bank of India kept its retail inflation forecast for the current fiscal year at 5.4%, but warned of potential food price pressure in the coming months. The RBI also maintained interest...

Veg & Non-Veg Meals Costlier in Nov | Onion & Tomato Prices Soar

December 6, 2023 13:35

Rising onion and tomato prices fueled a month-on-month increase in the cost of both vegetarian and non-vegetarian meals in November, according to a report by Crisil MI&A Research.

Adani Wilmar Reports Rs 131 Cr Net Loss: Sluggish Edible Oil Biz

November 1, 2023 14:17

Adani Wilmar posted a Rs 130.73 crore net loss in Q2 FY24 due to weak edible oil performance. Revenue fell to Rs 12,331.20 crore, while volumes grew 11% to 1.46 million tonnes.

Adani Wilmar Reports Rs 130.73 cr Net Loss in Q2 FY24

November 1, 2023 13:42

Adani Wilmar posted a net loss of Rs 130.73 crore in the July-September quarter due to higher expenses. The company's total income also declined.

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