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A tale of two oils
While government is prompt in giving up revenues to rein in price rise in edible oils, its response to runaway cost of automobile fuels is different.
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Cooking Oil: Retail prices to ease as govt slashes import duty
The government slashing the import duties on edible oil could bring down the retail prices by Rs 4-5 per litre
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Govt likely to reduce import duty on cooking oils to curb price surge
India is forced to meet over 65% of its domestic demand for cooking oils through imports.
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Rising prices: Cooking oil burning a hole in the pocket
A reduction in import duty on palm oil will see Malaysia and Indonesia raising prices by about as much. The benefit will flow to their farmers, not ou
