Market move● Neutral for Indian equities
Pulses prices surge: Will cheaper imports bring relief to consumers? Stakeholders divided
The brief
- Red lentils and chickpeas face a 10% import duty; yellow peas face 30%
- Import duties and pulse prices affect Indian food inflation, consumers and pulse traders
- China opens anti-dumping probe into EU chemical imports ahead of trade talks
- India weighs lower pulse import duties to curb food inflation
- India steps up palm oil buying after import-duty cut spurs restocking
- Pulses import duties may ease over poor rains
- India's sunflower oil imports seen up 30% on duty cut, industry official says