[ad_1] Biscuit maker Britannia Industries will be taking a capex break for the coming fiscal and is likely to spend just about ₹150-200 crore. Speaking during the post-analyst call, the company stated that it has three new manufacturing plants and so will keep capex as low as possible. Company Value Change %Change “So ₹150 crore […]
India’s palm oil imports to drop to five-year low amid refining losses – CNBC TV18
[ad_1] India’s palm oil imports are set to plunge to a near five-year low in January, hit by negative refining margins as the tropical oil’s premium over rivals drives buyers to more competitively priced soyoil, government and industry officials told Reuters. Company Value Change %Change Lower palm oil imports by the world’s biggest buyer of […]
UN world food price index surges to highest level since April 2023 – CNBC TV18
[ad_1] The United Nations’ world food price index surged to its highest level since April 2023 in November, marking the largest increase in 19 months. The surge has been primarily driven by rising vegetable oil prices, data released on Friday showed. The price index, compiled by the UN Food and Agriculture Organization (FAO) to monitor […]