October 13, 2026
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India is considering reducing import taxes on vegetable oils to control rising food prices as the peak festival season begins, according to government and industry sources cited by Reuters. Domestic vegetable oil prices have increased by nearly 20% over the past year, raising concerns about the impact on household budgets. India, the world’s largest vegetable […]Continue Reading
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India has abolished import duties on key petrochemical inputs used in the production of plastics and pharmaceutical goods, invoking emergency powers to manage supply disruptions linked to the ongoing Iran conflict. The government’s decision follows a directive to divert domestically produced petrochemical components toward liquefied petroleum gas (LPG) production, as the Continue Reading

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