| Counter-productive controls | 24-SEP-09 |
|
| The Cabinet’s decision to extend by a year the stock limits and other controls on the private trade in rice, pulses, edible oils and sugar, perpetuates a regime that has proved ineffectual in reining in food inflation. Restraints on the commodity trade have been in place since August 2006, when the enforcement of an earlier notification of February 2002 that allowed licence- and controls-free trading was held in abeyance. Futures trading in several items of mass consumption has also been suspended though, in cases like wheat, also reintroduced. None of these measures has checked the rise in food prices. While general inflation has disappeared after peaking in 2008, double-digit food price inflation has continued. |
|
|
|
| Godrej Group to exit tea, edible oils businesses | 21-AUG-09 |
|
| As a part of a strategy to focus on the core business of beverages and confectioneries under its Godrej Hersheys joint venture, the Godrej Group now plans to exit from its edible oil and tea business. |
|
|
|
|
|
|
| Govt scraps import duty on crude soya oil | 19-MAR-09 |
|
| The government has scrapped the 20 per cent import duty on crude soyaoil, four months after imposing the tax to prevent the dumping of cheap products from overseas markets. |
|
|
|
|
|
|
|
|
|
| Oil adulteration back in vogue | 07-JAN-09 |
|
| Adulteration of coconut oil by blending it with cheaper edible oils is once again in vogue as the price gap between the two varieties of oil have widened over the last few months. |
|
|
|
|
|
|
| Rabi oilseed area up 9% on extended rains | 13-DEC-08 |
|
| The sowing area under edible oilseeds rose 9 per cent in the current Rabi season on account of extended monsoon rainfall, the latest estimates from the apex body representing the oil industry. |
|
|
|
|
|
|
| Edible oilseed sowing area up marginally | 10-SEP-08 |
|
| Extended oilseed sowing due to the late revival of monsoon heralded a 2.31 per cent jump in area this kharif season until September 5, data compiled by the Union Ministry of Agriculture showed. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Content Guide
