February 17, 2026
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Edible Oils

Customs duty on edible oils

Customs Duty on Edible Oils Reduced to Control Inflation and Boost Refining

Daily Current Affairs05 mins

Customs duty on edible oils reduced from 20% to 10% by the government to control inflation, support domestic refining, and lower consumer prices across India. Policy Change to Curb Edible Oil Prices On June 11, 2025, the Indian government announced a significant reduction in the Basic Customs Duty (BCD) on major crude edible oils—specifically crude…

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Global Edible Oil Consumption Trends

Global Edible Oil Consumption Trends: Top 10 Oils and Their Significance

Daily Current Affairs06 mins

Top 10 Most Consumed Edible Oils in the World: A Comprehensive Overview In the realm of global consumption patterns, edible oils hold a significant position. Understanding these consumption trends not only sheds light on dietary habits but also offers insights into economic, agricultural, and environmental factors shaping our world. Here’s a detailed look at the…

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