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14, the notification said. (Representational image/Unsplash) The move could lift edible oil prices and dampen demand and subsequently reduce overseas purchases of palm oil, soyoil and sunflower oil.

Govt on Friday increased import duty on edible oils by 20% amid domestic industry players flagging that cheaper imports have adversely impacted the domestic oil seed prices and farmers.

India has increased the basic import tax on crude and refined edible oils by 20 percentage points to support local oilseed farmers. This change will raise the total import duty on these oils, ...

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Over the past two sessions, edible oil prices, particularly those of the palm group of oils, have declined on fears that India is set to increase import duty. The 5 per cent agricultural ...

MUMBAI, Sept 13 (Reuters) - India has raised the basic import tax on crude and refined edible oils by 20 percentage points, the government said on Friday, as the world's biggest edible oil ...