RBI blames Indonesia’s B50 biodiesel mandate for India’s oil price surge
In its July State of the Economy bulletin, the RBI said rising edible‑oil prices are being driven by increased biofuel demand, singling out Indonesia’s shift to a 50% palm‑oil biodiesel blend (B50). The move tightens supplies for India, the world’s biggest edible‑oil importer, and adds pressure to food‑inflation headlines.