The government has cut customs duty on various edible oils, which includes crude and refined oils. These changes aim to reduce import costs and potentially ease domestic prices. The reduced duties are effective from September 24, allowing businesses to benefit immediately. India, one of the largest edible oil importers, is sensitive to global commodity price fluctuations. This action may provide relief from rising food inflation across the country.
Michael Burry calls Nvidia ‘heck of a trade’ after Huang’s scandal sparks $430 bn selloff. Why is Big Short fame dismissing fears?
Michael Burry sees a near-term trading opportunity in Nvidia despite his broader concerns about AI valuations. The Big Short investor believes Jensen Huang’s personal controversy
November 11, 2026