India announced the restrictions on imports of refined palm oil on January 8 in a bid to help domestic refiners raise their plant utilisation rates, according to industry officials familiar with the matter. Following India's curb on imports, thousands of tonnes of refined palm oil are delayed or stuck at various Indian ports.
After Indian vegetable oil industry's reservation in import of Malaysian palm oil, the Malaysian government has stepped in to solve the crisis by offering to buy larger quantity of sugar and buffalo meat from India.
New Delhi: The Supreme Court on Monday asked the Kerala High Court to decide, as early as possible, the plea by the state government withdrawing 1991 cases of palm oil import case which had clouded
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