India’s June vegetable oil imports fall 29 pc on shrinking palm oil discount: SEA
India’s vegetable oil imports fell 29 per cent year-on-year in June to 11.46 lakh tonne, the lowest level since the start of the current oil year, as palm oil was available on less discount as compared to others like soybean, the Solvent Extractors’ Association of India (SEA) said on Tuesday. India, the world’s biggest importer […]
Jubilant FoodWorks gets GST demand notice for Rs 46.9 crore
Jubilant FoodWorks Ltd (JFL), India’s leading quick-service restaurant chain operator has received a GST demand notice for Rs 46.9 crore, according to a regulatory filing by the company. JFL said it will challenge the GST department’s notice. The show cause notice alleges that the Input Tax Credit (ITC) has been reversed in the “incorrected table” […]
WPI inflation rises to 9.87 pc in June; minerals, food items see price spike
Wholesale price inflation rose to 9.87 per cent in June, from 9.68 per cent in May, led by a sharp spike in prices of non-food and food products. The latest wholesale price index (WPI) inflation data is based on the 2022-23 base year. As per the data, food inflation rose to 5.49 per cent in […]
