Food Financial News

Subscribe to enjoy similar stories. MUMBAI : Reliance Consumer Products Ltd (RCPL) plans to enter the bottled iced tea market this coming summer with the relaunch of “Brew House", three people close to the development told Mint. The people added that the brand—for which the company received approval on 23 July 2025, according to the commerce ministry records—is expected to be relaunched within the next two months.

Subscribe to enjoy similar stories. India goes into the Union budget with what looks like a “Goldilocks" macro mix: growth is steady, inflation seems under control, the fiscal glide path is intact, and sovereign ratings are up a notch. Yet, the economy is sending mixed signals that the budget cannot ignore.

Subscribe to enjoy similar stories. Bengaluru: In April 2023, when Revant Himatsingka, 33, posted a video criticizing the high sugar content in Bournvita, pointing out that it made up a third of every serving (7.5 gm in every 20 gm), he expected the video to go viral. What he did not expect was to receive a notice from the brand’s legal team.

Subscribe to enjoy similar stories. India’s healthcare sector stands at a critical juncture. While our aspirations for a healthier nation are bold, fiscal commitments often fall short of aligning with these goals.

Subscribe to enjoy similar stories. MUMBAI : India’s snacking habits are moving from cinema halls to living rooms, and Marico wants a front-row seat. As the FMCG major eyes a 25% compound annual growth rate (CAGR) in its foods portfolio, its acquisition of premium popcorn brand 4700BC is designed to capture at-home indulgence without abandoning its health-led roots.

Subscribe to enjoy similar stories. Americans have a knack for turning the price of food into national theatre. In 1916 housewives boycotted “egg speculators" for daring to charge 36.5 cents a dozen.

Subscribe to enjoy similar stories. Amazon.com is closing dozens of Amazon Fresh physical stores and automated Amazon Go outlets to focus on expanding its same-day grocery deliveries to more locations and adding to its Whole Foods Market operations. The e-commerce retailer admitted in a blog post on Tuesday that although it has seen “encouraging signals" in its Amazon-branded physical grocery stores and “gathered valuable insights" about customer preferences, “we haven’t yet created a truly distinctive customer experience with the right economic model needed for large-scale expansion." Amazon will convert some of the locations to Whole Foods stores, as part of plans to open 100 or more Whole Foods Market locations in the next few years.

Subscribe to enjoy similar stories. New Delhi: India’s agricultural and processed food producers will benefit from the India–European Union Free Trade Agreement (FTA), which aims to level the playing field for Indian farmers and agri-based businesses in Europe, while protecting key domestic sectors like dairy, cereals, poultry, soymeal, and certain fruits and vegetables.

Subscribe to enjoy similar stories. BENGALURU: From specialty dairy and cocoa derivatives to gourmet cheese, olive oil and condiments, India’s free trade agreement with the European Union announced on Tuesday is expected to make high-quality ingredients more accessible to domestic manufacturers that have historically faced high import costs, industry executives told Mint. “Specialized ingredients like olive oil, condiments like balsamic vinegar and mustard, dried fruits and tomatoes are certainly going to become cheaper.

Subscribe to enjoy similar stories. NEW DELHI: In a move aimed at improving the quality of construction insulation material and packaging for processed liquid food and beverages, the Bureau of Indian Standards (BIS) has amended two norms covering bonded mineral wool and paper-based multilayer cartons. The revised standards will come into effect after a six-month transition period to allow the industry to comply with them, as per a government order reviewed by Mint.

Subscribe to enjoy similar stories. MUMBAI : As India’s personal care market gets increasingly crowded and legacy fast-moving consumer goods (FMCG) firms rush to buy venture capital-backed brands, ITC Ltd is deliberately slowing down and staying guarded on acquisitions, Sameer Satpathy, divisional chief executive of ITC’s personal care products business, told Mint in a conversation. ITC’s older personal care acquisitions including Savlon, bought in 2015, and Nimyle, bought in 2018, have grown to six to seven times their original size, Satpathy said.

Subscribe to enjoy similar stories. Notice anything different at Starbucks these days? Brian Niccol hopes so. Starbucks’s chief executive spent his first full calendar year on the job plowing millions of dollars into improving the experience of Starbucks stores through barista training, outfitting stores with ceramic mugs and replacing faulty power outlets.

Subscribe to enjoy similar stories. Toronto: On a rainy afternoon in Dublin, Bhagyalakshmi Barrett stood in the liquor aisle of Dunnes Stores, scanning a shelf full of Irish gins and British imports. One bottle carried a name she had chosen herself: Maharani Gin.

Subscribe to enjoy similar stories. Israel’s reliance on new Palestinian militias in Gaza to target Hamas was on display earlier this month when Hussam Al Astal, the leader of one of the groups, boasted about the killing of a police official in Hamas-controlled territory and said more such attacks are planned. “We say to Hamas and everyone affiliated with Hamas: Just as we reached him, we will come for you, too," said Astal in a video message that showed him brandishing an assault rifle.

Subscribe to enjoy similar stories. One way or another, the central message of all annoying people is ‘why can’t you be like me?’ I cannot think of a more foolish use of human speech. Often this message is conveyed as an insult to those who do not perform some sacred thing that is dear to the pontificator.

Subscribe to enjoy similar stories. NEW DELHI : In 2024, Indrani Sen, a Mumbai-based food blogger, was distressed by the growing distance with her then 16-year-old daughter. The digital-savvy 47-year-old found the solution in Pengu—a mobile app she installed on both their phones that let them raise an artificial intelligence (AI) pet penguin together.

Subscribe to enjoy similar stories. BENGALURU : Food-delivery companies' move to phase out the 10-minute delivery proposition to ease safety and regulatory pressures is likely to push up customer acquisition costs and slow new customer additions—key metrics for building scale—in the short term, according to experts.

Subscribe to enjoy similar stories. Direct-to-consumer (D2C) pet care brands are leaning on subscription models to lock in customers, betting that repeat purchases can help them counter the scale and distribution advantage of India’s largest packaged consumer goods players as the niche segment heats up.

Subscribe to enjoy similar stories. Mumbai and Bengaluru: Eternal is entering its first major post-founder leadership test after Deepinder Goyal stepped down as chief executive officer, a move that has prompted caution among analysts about its impact on stock performance. Eternal’s shares, after touching a high of 7% in early trade, on the back of a good performance in the October-December quarter, slipped 2% to ₹278 apiece later in the day, even as the benchmark index Sensex rose 0.8%.

Subscribe to enjoy similar stories. India is planning a second national gene bank for crops in Keylong, Himachal Pradesh, as insurance against climate change, natural disasters and future food risks. The new facility will back up India’s vast plant genetic wealth and complement the country’s existing gene bank in New Delhi.

Subscribe to enjoy similar stories. New Delhi: For decades, they ruled the shelves of kirana shops and supermarkets. But since the advent of direct-to-consumer (D2C) brands, which sell directly to consumers through their own sites as well as through e-commerce and quick commerce apps, often creating categories that did not exist before, large fast-moving consumer goods (FMCG) firms have found themselves on the back foot.