Indonesia
As Indonesia curbs exports, Indian palm oil imports could fall to 11-yr low
Lower palm oil purchases by the world's biggest vegetable oil importer could put pressure on Malaysian palm oil prices and may lift soyoil imports to record highs and support U.S. soyoil futures price
 "As Indonesia curbs exports, Indian palm oil imports could fall to 11-yr low")
In swift follow-up action, Indian warship visits Indonesia's Sabang port
Delhi, Jakarta agreed in May to develop strategic port near Malacca
 "In swift follow-up action, Indian warship visits Indonesia's Sabang port")
Indonesia to lift palm oil export ban, likely giving India 'big relief'
Indonesia's prohibition was one of the biggest acts of crop protectionism since Russia's invasion of Ukraine in February.
 "Indonesia to lift palm oil export ban, likely giving India 'big relief'")
Top headlines: SC's verdict on GST; Indonesia to lift palm oil export ban
Business Standard brings you the top headlines on Thursday
 "Top headlines: SC's verdict on GST; Indonesia to lift palm oil export ban")
Indonesia to lift palm oil export ban from Monday, says President
The lifting of the ban came after hundreds of farmers rallied to protest the move, saying their incomes have suffered because prices of their fresh fruit bunches plunged
Indonesian export ban brings India's edible oil dependency back in focus
Indonesia's ban on palm oil exports has refocused attention on the efficacy of the government's policy to boost domestic production
 "Indonesian export ban brings India's edible oil dependency back in focus")
Indonesian Prez Joko Widodo urges Tesla's Musk to invest in nickel sector
Indonesia for years has been trying to secure a deal with Tesla on battery investment and potentially for Musk's SpaceX aerospace company.
 "Indonesian Prez Joko Widodo urges Tesla's Musk to invest in nickel sector")
Algo Rhythm: Indians lap up mobile lock screen content, shows data
Mobile and internet are now household essentials which reflects in the rapidly growing lock screen content consumption, the Lock Screen Trends Report, 2022, shows
 "Algo Rhythm: Indians lap up mobile lock screen content, shows data")
India beat Indonesia 3-0 to lift maiden Thomas Cup trophy, make history
India dished out a performance for the ages with World Championships medallist Lakshya Sen, Kidambi Srikanth and world number 8 doubles duo of Chirag Shetty and Satwiksairaj Rankireddy.
 "India beat Indonesia 3-0 to lift maiden Thomas Cup trophy, make history")
From India to Indonesia, Elon Musk scouts for sites to make more Teslas
To meet ambitious electric vehicle targets, Indonesia has drawn in several battery and car manufacturers in recent months with a variety of incentives
 "From India to Indonesia, Elon Musk scouts for sites to make more Teslas")
Indonesia's economy grows 5.01% in Q1 despite global prices turbulance
The growth was in line with the prediction made by Indonesia's Minister of Finance Sri Mulyani Indrawati that the country's economy would grow on average 5 per cent year-on-year
 "Indonesia's economy grows 5.01% in Q1 despite global prices turbulance")
Indonesian crisis could spur focus on boosting local edible oil production
However, achieving self-sufficiency in edible oil will remain a distant dream unless drastic policy measures are taken
 "Indonesian crisis could spur focus on boosting local edible oil production")
5.8-magnitude quake hits Indonesia's North Maluku; no tsunami threat
The quake struck at 4.51 a.m., with the epicentre at 72 km northwest of Halmahera Barat (West Halmahera) district and the shallow of 10 km under the seabed
 "5.8-magnitude quake hits Indonesia's North Maluku; no tsunami threat")
WTO: India raises concerns over trade barriers built in by Indonesia
Indonesia last week banned the export of crude and refined palm oil amid global shortage of the edible oil
 "WTO: India raises concerns over trade barriers built in by Indonesia")
Wheat in surplus for entire year in India, farmers given good prices: Govt
Sudhanshu Pandey, Secretary, DFPD said that due to higher market prices, a large quantity of wheat was being bought by traders at a higher rate than MSP, which was good for the farmers
 "Wheat in surplus for entire year in India, farmers given good prices: Govt")
India has enough edible oil to tide over Indonesian crisis for now: Govt
Centre is monitoring prices regularly; has formed special teams to check hoarding
 "India has enough edible oil to tide over Indonesian crisis for now: Govt")
Sufficient stock of edible oils; monitoring prices, supply: Food Ministry
The government on Sunday said the country has sufficient stock of edible oils and it is keeping a close watch on the price as well as supply situation.
 "Sufficient stock of edible oils; monitoring prices, supply: Food Ministry")
Indonesian palm oil export ban a concern but impact to be transitory: FMCGs
Indian FMCG players have said they are concerned about Indonesia's move to ban exports of palm oil, though some of them expect the decision is likely to have only transitory impacts
 "Indonesian palm oil export ban a concern but impact to be transitory: FMCGs")
How much should India worry over Indonesian palm oil export ban?
Indonesia has stopped palm oil export, the effect of which will soon be felt in India. Along with increased fertiliser subsidy bill and soaring fuel prices, it may widen India's current account defici
 "How much should India worry over Indonesian palm oil export ban?")
Indonesia industry body confident palm oil export ban could end in May
He added that a palm oil export target of 34 million tonnes in 2022 would be met
