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Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine

IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy BALCO deploys AI humanoid agent for real-time training, operations and safety Om Power Transmission IPO subscribed 3.33 times on final day Broker’s call: Anand Rathi Wealth (Neutral) Broker’s call: Paytm (Outperform) Pakistan Stock Exchange plunges 5,000 points after US-Iran talks fail NSE gets MCA approval to launch National Coal Exchange of India Citius TransNet Investment Trust's ₹1,105-cr IPO to open on Apr 17 NSE gets MCA nod for coal exchange entity name Coal stock adequate for 90 days available: Union Coal Minister Kishan Reddy Rupee falls most in two weeks as oil spikes on US move to blockade Iran ports India auctions 46 critical mineral blocks, launches 7th round with 19 more: G Kishan Reddy Dalal Street midday: Sensex, Nifty down nearly 1%, Reliance, Eicher among top laggards, auto, oil Stocks weigh Iranian crude returns to India after seven years as tankers dock at key ports Sensex, Nifty pare early losses but stay in red at noon; Auto, Financials drag India's March palm oil imports fall 19% to three-month low Government bonds slump after US-Iran peace talks falter Failure of US-Iran talks set to weigh on risk assets Monday Failure of US-Iran truce talks: Rupee opens 57 paise weaker RBI criticises banks’ rupee arbitrage trades Crude oil futures rise as US moves to blockade Iranian ports Gold falls on stronger dollar, fading Fed rate-cut hopes Crude oil jumps 7% to above $100 on US’ maritime blockade on Iran Japan’s benchmark bond yield jumps to 29-year high as US-Iran talks collapse How govt policy initiatives to impact shares of EV makers, oil exporters Stock Market Highlights: Sensex ends at 76,776; Nifty 50 down 226 pts (0.94%) at 23,823 Draft CAFE-3 Norms: Govt eases penalties, focuses on carbon credit trading for auto sector Brokers’ ISF explores unified documentation framework to ease compliance burden K-shaped trend emerges in jewellery as premium demand stays resilient Retail investors give recent IPOs a miss due to lack of bumper listing gains Inconclusive US-Iran talks, oil prices, inflation data to dictate investors' sentiment: Analysts FPIs extend sell-off in April; pull out ₹48,213 crore in 10 days After hitting rock bottom, Indian stock market is on its way to a speedy recovery, says Vallum Capital Gold vs equities: Does the yellow metal hold edge despite softening shine? The new gold rush: Why investors are moving from jewellery to digital FIIs pull ₹28,375 crore in five sessions; domestic buyers cushion fall as indices post best week in months 5paisa Capital's ₹469 crore rights issue oversubscribed 1.24 times Shriram Finance’s credit rating climbs after MUFG investment SEBI chief reaffirms open-door policy for global capital SEBI launches three new IT platforms to transform regulatory landscape India allows Iranian oil tankers to berth at Sikka port under special exemption US expected to extend waiver for Russian oil imports amid global energy price concerns Sharp fall in prices hit gold ETF inflows in March India to continue buying Russian crude oil Sun Pharma shares down 4 per cent on reports of overtures for US-based Organon Greenlight open market buybacks, but stay cautious TCS shares down 3.2% despite Q4 profit growth and deal wins SEBI uncovers ₹2,950-crore Ponzi-like network, fines Trdez ₹1 crore SIP inflows hit record high in March despite market turbulence Broker’s call: JM Financial (Buy) Inflow in equity MFs surges 56% to ₹40,450 crore in Mar amid geopolitical tensions, mkt volatility Markets snap six-week losing streak; all eyes on US-Iran talks Corporate governance must empower people, says Arundhati Bhattacharya BSE shares hit 52-week high, what is driving the surge? 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APOA welcomes Sri Lanka’s move to lift ban on oil palm cultivation
2026-05-11 · via Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine

The Asian Palm Oil Alliance (APOA) has welcomed the recent developments in Sri Lanka indicating that the Sri Lankan government is moving towards lifting the ban on oil palm cultivation, subject to final approvals and sustainability safeguards.

A media statement said APOA considers this a positive and pragmatic step towards strengthening edible oil security, supporting rural livelihoods, reducing import dependence, and promoting science-based sustainable agriculture in Asia.

It said that Sri Lanka has continued to import substantial quantities of palm oil despite restrictions on domestic cultivation, while several scientific and industry discussions in recent years have increasingly emphasized the need for evidence-based policy decisions and sustainable production frameworks.

Balanced approach

Quoting Atul Chaturvedi, Chairman of APOA, the statement said the reported move by the Sri Lankan government to reconsider the ban on oil palm cultivation reflects a balanced and forward-looking approach.

“The real challenge today is not prohibition, but ensuring sustainability through science, responsible governance, and stakeholder collaboration. Sustainable palm oil has a vital role in ensuring food security, affordable nutrition, farmer prosperity, and economic resilience across Asia,” he said.

Oil palm is among the most efficient vegetable oil crops globally in terms of productivity per hectare. With appropriate environmental safeguards, traceability systems, and sustainability standards, countries can achieve economic and environmental objectives together. APOA strongly supports responsible and sustainable palm oil ecosystems across Asia, he said.

Emphasising the importance of sustainability-centred growth and regional cooperation, Shatadru Chattopadhyay, Managing Director, Solidaridad Asia, said Asia’s edible oil future must be guided by sustainability, inclusiveness, and scientific evidence. Palm oil is an essential commodity for food systems and livelihoods across the region.

Coexisting with environmental stewardship

“The pathway forward lies in strengthening sustainable production practices, protecting biodiversity, supporting smallholders, and promoting transparent supply chains rather than moving away from the crop itself,” he said.

Sri Lanka now has an opportunity to demonstrate how responsible cultivation models, sustainability frameworks, and stakeholder participation can coexist with environmental stewardship and economic development, he said.

BV Mehta, Secretary General of APOA, said many Asian countries are working towards improving edible oil self-reliance while ensuring sustainability commitments. Sri Lanka’s policy reconsideration reflects the growing realisation that sustainable palm oil must be part of the solution for food security, farmer income enhancement, and economic stability in the region.

The Solvent Extractors’ Association of India and APOA remain committed to facilitating dialogue among governments, researchers, industry stakeholders, civil society organizations, and farmer groups to encourage responsible growth of the palm oil sector based on transparency, sustainability, and shared regional learning, he said.

APOA reiterated that sustainable palm oil production must continue to prioritise responsible land use, environmental protection, biodiversity conservation, smallholder inclusion, traceability and transparency, and climate resilience and sustainable livelihoods.

APOA believes regional collaboration and science-led policymaking will play a critical role in ensuring sustainable edible oil systems for Asia’s future, the statement said.

Published on May 11, 2026