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News on Indian Economy and Sectors, which have impacts in the market.

 
Ministry of finance slashes customs duty for edible oils
24-Sep-26 16:39Hrs IST

The Ministry of Finance has adjusted Customs duties on edible oils, effective September 24, 2026. A 5.5% reduction in total duty applies to crude palm oil, RBD Palm oil, RBD Palmolein, crude soyabean oil, and refined soyabean oil, establishing total duties at 11%, 30.25%, 30.25%, 11% and 30.25%, respectively. Duties on crude sunflower oil and refined sunflower oil have been decreased by 11%, now standing at 5.50% and 24.75%, respectively. The Solvent Extractors Association has acknowledged this as a measured action to mitigate escalating prices in anticipation of the festive period.

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

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"Contents which are exclusively for Non-Broking Products/Services, "Mutual Fund, Mutual Fund-SIP, Research reports, Insurance, etc. where the Member is just a distributor. These are not Exchange traded product and the Member is just acting as distributor. It should also state that all disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism."

A Muthoot M George Enterprise