Pradhumn's Post

2 Reasons why edible oil prices can go higher 📈 1. FI has constantly been selling Indian equities and in the past 6 months it has sold over ₹3 lakh crores worth of equities. This will lead to a fall in the demand of INR in comparison to Dollar. Which increases the cost of imports. Thus edible oil might get costly as it relies on 60% import. 2. Government has increased custom duty on import of edible oil from 0% to 20%, which will further increase the cost of imports resulting the rise in the prices of edible oil. #import #money #stockmarket #explore

• #stockmarket
• #import
• #explore
• #money

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This post was published on 24th February, 2025 by Pradhumn on his Instagram handle "@_munafa (Pradhumn Chaturvedi)". Pradhumn has total 233.3K followers on Instagram and has a total of 200 post.This post has received 254 Likes which are lower than the average likes that Pradhumn gets. Pradhumn receives an average engagement rate of 0.55% per post on Instagram. This post has received 1 comments which are lower than the average comments that Pradhumn gets. Overall the engagement rate for this post was lower than the average for the profile. #stockmarket #import #explore #money has been used frequently in this Post.