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In a move aimed at enabling consumers to compare prices more easily across brands and make informed purchasing decisions, the Department of Consumer Affairs has introduced standard pack sizes for edible oils under the Legal Metrology framework. For this, the department has revised its Standard Operating Procedure (SoP) for determining the net quantity and standard pack sizes of edible oils and fats, granting manufacturers, packers, and importers a three-month transition period to align with the new requirements.

The revised SoP prescribes nine standard pack sizes - 200 ml/g, 500 ml/g, 1 litre/kg, 2 litre/kg, 3 litre/kg, 4 litre/kg, 5 litre/kg, 15 litre/kg and 20 litre/kg-for major edible oils including palm, soybean, sunflower, mustard, groundnut, sesame, rice bran, cottonseed and corn oil, as well as blended edible oils. The decision follows extensive consultations with major edible oil industry associations representing nearly 90 per cent of the country's edible oil sector.

Under the new norms, if the quantity of edible oil is shown in volume, the package must also clearly mention the equivalent weight as per the Legal Metrology (Packaged Commodities) Rules, 2011. The provisions will apply to both domestically manufactured and imported edible oils. Packages below 200 ml or 200 grams and minor edible oils have been exempted from the standard pack size requirement to ensure continued availability of affordable small packs. Businesses wishing to adopt the standard pack sizes ahead of the deadline may do so immediately.

Sudhakar Desai, President of the Indian Vegetable oil Producers' Association (IVPA) welcomed the move and said ‘This move will restore structural sanity to retail shelves and level the playing field’. He added ‘While the non-standardisation was done to give freedom to the industry, for over three years, this practice has distorted the market leading to proliferation of such packs creating widespread confusion in the marketplace’.

Nifty June 2026 futures closed at 23147.10 (LTP) on Monday, at a premium of 24.10 points over spot closing of 23123.00, while Nifty July 2026 futures ended at 23240.00 (LTP), at a premium of 117.00 points over spot closing. Nifty June futures saw an addition of 14,671 units, taking the total open interest (Contracts) to 3,14,545 units. The near month derivatives contract will expire on June 30, 2026. (Provisional)

From the most active contracts, HDFC Bank June 2026 futures traded at a discount of 7.70 points at 730.30 (LTP) compared with spot closing of 738.00. The numbers of contracts traded were 34,839. (Provisional)

Tata Consultancy Services June 2026 futures traded at a premium of 15.10 points at 2164.50 (LTP) compared with spot closing of 2149.40. The numbers of contracts traded were 25,233. (Provisional)

Reliance Industries June 2026 futures traded at a premium of 6.70 points at 1269.50 (LTP) compared with spot closing of 1262.80. The numbers of contracts traded were 20,535. (Provisional)

Wipro June 2026 futures traded at a discount of 1.86 points at 179.74 (LTP) compared with spot closing of 181.60. The numbers of contracts traded were 16,944. (Provisional)

Infosys June 2026 futures traded at a discount of 2.00 points at 1185.00 (LTP) compared with spot closing of 1187.00. The numbers of contracts traded were 16,566. (Provisional)

Following the approval of the Governor of Assam, Assam Chief Minister Himanta Biswa Sarma allocated portfolios to 12 newly inducted ministers in the state cabinet. CM Himanta Biswa Sarma will continue to hold key departments including Home & Political, PWD (Buildings & National Highways), PWD (Roads), Power, and Information & Public Relations, besides retaining charge of departments not allotted to any other minister.

Among the senior ministers, Ranoj Pegu retained the Education Department, while Ashok Singhal continued to hold the Health & Family Welfare and Medical Education & Research portfolios. Bimal Borah was assigned Cultural Affairs, Industries, Commerce & Public Enterprises, and Act East Policy Affairs. The Finance portfolio has been entrusted to Jayanta Malla Baruah, a close associate of the Chief Minister. 

The portfolio allocation comes after the recent expansion of the Assam Cabinet and is aimed at ensuring effective governance and streamlined administration across the state. The 12 ministers were sworn in on June 5, while four other ministers were administered the oath of office on May 12 along with the chief minister.