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Rs275m tax theft via cooking oil under-invoicing unearthed

KARACHI: Customs officials caught a massive tax theft worth Rs275 million through under-invoicing of imported cooking oil from a foreign country, ARY News reported...

Cooking oil, ghee prices slashed

The state-owned Utility Stores Corporation (USC) on Wednesday slashed the prices of cooking oil and ghee of various brands, ARY News reported, quoting sources. The...

Widely consumed cooking oil leads to an unhealthy gut

High consumption of soybean oil has been linked to obesity and diabetes and potentially autism, Alzheimer’s disease, anxiety, and depression. Add now to this...

Ghee, cooking oil prices slashed

ISLAMABAD: The state-owned Utility Stores Corporation (USC) on Wednesday slashed the prices of cooking oil and ghee of various brands, ARY News reported. The revised...

‘Palm oil companies will not be affected by new law’

Bigger palm oil companies will not be affected by a new European Union law banning goods linked to deforestation, two of Malaysia's largest producers...

Palm oil dispute won’t have bearing on trade talks

A dispute between the European Union and major palm oil producers Indonesia and Malaysia over a new deforestation law will have no bearing on...

Cooking oil prices likely to go up

ISLAMABAD: Amid high inflationary pressure due to unstable financial condition of Pakistan, the prices of cooking oil are likely to increase this month. According to...

Sunflower oil getting cheaper than soyoil

Sunflower oil's discount to rival soyoil has widened this week to the highest level in more than 9 months as leading exporters Ukraine and...

Cooking oil, Ghee prices drop in Utility stores – spokesperson

The prices of cooking oil and ghee have been dropped in utility stores across the country, a spokesperson of Utility Stores told, ARY News...

Cooking oil demand in three biggest markets seen mixed

Cooking oil demand in the three biggest markets is very mixed, a top industry analyst told an industry conference on Friday, with India showing...

Palm oil prices likely to strengthen further

Palm oil prices are likely to strengthen further as excessive rain in key producing countries curbs output, while demand increases for its use in...

10ml cooking oil sachet: Nigerians buy small as hardships bite

From five grams of toothpaste to 10 millilitres of cooking oil, many Nigerians struggling with soaring prices now buy their basic necessities in small...

‘Cooking oil, ghee prices likely to go down by Rs100 to 150/ kg’

ISLAMABAD: Minister for Finance and Revenue Miftah Ismail on Thursday said prices of ghee and cooking oil are likely to go down by Rs100...

Indians moving to rice bran oil amid cooking oil shortage

Rice bran has become a sought-after commodity in India as the world's biggest importer of vegetable oils tries to overcome an edible oil shortage...

Palm oil export: Indonesian president sacks minister after uproar

Indonesian President Joko Widodo announced a cabinet reshuffle on Wednesday, sacking the trade minister and announcing a replacement following controversy over a series of...

Prices of cooking oil, ghee jacked up at utility stores

ISLAMABAD: The federal government has increased the prices of cooking oil and ghee, being sold at the country's utility stores, ARY News reported on...

Explainer: Indonesia’s stop-start controls on palm oil exports

Indonesian President Joko Widodo has agreed to allow palm oil exports to resume after a three-week ban, though it is unclear how rapidly shipments...

Palm Oil: Indonesia policy uncertainty hampers resumption of exports

Indonesia allowed the resumption of palm oil exports from today (Monday) after a three-week ban, but industry players said shipments were unlikely to restart...

VIRAL: People collect cooking oil as truck carrying it overturns

The incident happened on the Mumbai-Ahmedabad highway.

Vegetable oil prices shoot up as Indonesia bans palm oil export

Indonesia's decision to suspend palm oil exports in the face of domestic shortages has pushed vegetable oil prices to new highs, further tightening a...
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