When consumed as part of a balanced diet, palm oil is no more harmful than other edible oils. It has nearly equal proportions of saturated and unsaturated fats and is rich in antioxidants.
In April, Indian buyers opted to cancel large amounts of palm oil purchases for the first time in many years and industry was expecting May imports could fall to 700,000 tonnes.
India's palm oil imports fell to 510,094 tonnes last month, from 728,530 tonnes in March, the Mumbai-based Solvent Extractors' Association of India (SEA) said in a statement.
India had abolished basic import tax on crude palm oil (CPO) to keep a lid on prices and continue with a 5% tax called the Agriculture Infrastructure & Development Cess on CPO imports.
In the mid of climate crisis, Covid, the ban sent shock waves across India, Pakistan and Bangladesh. Now international markets can look forward to better times.
Indians spending 14% more on edible oil compared to last year. Experts expect a cooldown if no shocks prevail, government says ‘situation under control’.
Indonesia consumes just over a third of its palm oil production domestically but has banned exports to meet its needs, launching one of the most dramatic examples of food protectionism.
With his cameo in Bads of Bollywood, Emraan Hashmi, who has long shifted away from his signature bold image, got the chance to revive his boyhood charm.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
There were no plans to have Mk1A version. However, compromise was reached between HAL & IAF in 2015 since original plan for getting Mk2 would've been time-consuming affair.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
Even food-literate people consume alcohol, saturated fat, sugar, and smoke marijuana/tobacco.