NEW DELHI: The negative trend in the edible oil market continues as the prices of packed mustard, soy and palm oil fell by Rs 15-20 per litre. This declining trend is mostly due to the Centre’s interventions. In a bid to control the continuous rise in the cooking oil prices over the past year, the […]
NEW DELHI: The Department of Food and Public Distribution has directed leading Edible Oil Associations to reduce the prices of edible oils by Rs 15 with immediate effect. The Centre has also advised that the price to distributors by the manufacturers and refiners also needs to be reduced immediately so that the price drop is […]
NEW DELHI: In a move that could bring some cheer to the common citizen, the edible oil prices in the retail market have started easing with the softening of the international rates and the government’s timely intervention, food secretary Sudhanshu Pandey said. India imports more than 60 per cent of its edible oil requirements. […]