Government urged to hike duty on palm oil imports With the palm oil imports set to touch 40 lakh tonnes by the end of the current fiscal, efforts are on to minimise its impact on the country's vegetable oils industry. Federal Reserve inflation warning props gold prices Gold prices surged on Wednesday as the Federal Reserve left interest rates untouched but warned of inflation dangers ahead in the US economy. Oil holds steady over $30 on low US supplies Oil prices moved sideways on Wednesday consolidating at over $30 a barrel amid continued concerns about low fuel supplies in the United States, the world's largest oil consumer. Bearish pressure continues in urad; bullion firms up
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