Food Financial News

FMCG bellwether HUL posted a subdued performance, with a 1.6% increase in revenue and a 2.7% increase in net profit. The operating profit margin stood at 23.8% — 20 basis points higher than the year-ago level. One basis point is a hundredth of a percentage point.

polymer fume fever cases underscores the importance of using cookware responsibly and being aware of potential risks associated with nonstick coatings. In the past twenty years, according to a Washington Post report, poison centers across the United States have documented over 3,600 suspected cases of a condition known as «polymer fume fever.» This flu-like illness has been associated with the fumes released from certain nonstick coatings used in cookware.

FeatureFaber 6L Digital Air Fryer89More air fryer options or you:Amazon's kitchen appliance deals include the AQUA D PURE 4-in-1 Copper RO Water Purifier, a comprehensive water purification solution for diverse water sources. Its 10-stage filtration system, including RO, UV, and UF, promises to eliminate bacteria, viruses, and harmful chemicals.

FAAD Capital has invested in four agritech startups — Godaam Innovations, VedaFit Foods, Aqin Biotech, and Mkelly Biotech — to support their growth plans. In a statement on Wednesday, FAAD Capital, a Sebi-registered Category 1 angel fund headquartered in Gurgram, said it has made a strategic investment in four innovative agritech startups as part of their AgriManch Accelerator.

Heritage Foods Ltd.(up 5.00%), ADF Foods Ltd.(up 4.49%), Varun Beverages Ltd.(up 4.09%), Zydus Wellness Ltd.(up 4.05%), Umang Dairies Ltd.(up 3.32%), Bajaj Consumer Care Ltd.(up 2.40%), Mrs. Bectors Food Specialities Ltd.(up 2.36%), Patanjali Foods Ltd.(up 2.36%), Gillette India Ltd.(up 1.98%) and Bikaji Foods International Ltd.(up 1.92%) stood among the top gainers.

Farmers in Africa are blaming chemical fertilizers for increasingly acidic soils that have led to production decline

Golden fields of wheat no longer produce the bounty they once did in Morocco

₹16.13 trillion, compared with ₹16.85 trillion in the interim budget, as the finance minister sought to send a strong signal to the market and rating agencies about the government’s commitment to fiscal prudence. The gap between receipts and spending will partly be financed by market borrowing of ₹11.63 trillion, compared with ₹11.75 trillion projected in the interim budget. In the financial year ended in March, the government had raised ₹11.75 trillion from the market.

budget, delivering a short-term demand stimulus as well as actions focused on medium- to long-term growth imperatives, while ensuring fiscal consolidation.

Amaravati as the state capital, financing and early completion of Polavaram dam as well as grants for backward districts of the state.

₹9,941 crore (budget estimate or BE). This is only a marginal increase from the ₹9,877 crore spent during 2023-24 (revised estimates or RE). The budget for apex research institutions which include the Indian Council for Agricultural Research (ICAR), central agricultural universities and the National Academy for Agricultural Sciences (NAAS) is ₹7,103 crore for 2024-25, lower than the ₹7,248 crore spent last year.

₹16.13 trillion (4.9 % of GDP), is lower than the 5.1 % of GDP targeted in the interim budget. The latest GDP estimate for 2024-25 of ₹326.37 trillion is close to that used in the interim budget. Even so, the absolute reduction in the FD budgeted, by ₹72,000 crore, is more informative than in terms of percentages of GDP.

«So, my view is that if the budget disappoints and I think the only way it can disappoint is if they do not give relaxation on personal taxation and those have to be significant,» says Sandip Sabharwal, asksandipsabharwal.com. What is the anticipation? I know no correction is anything to worry because if election outcome is anything to go by, it will be lapped up in no time. Sandip Sabharwal: So, one is the liquidity story which is the domestic liquidity gushing around. The second is the overall valuations, like Nikunj was saying, like at market cap to GDP of 155% at valuations which are much higher than historical valuations, we need the budget to deliver actually for the markets to move higher. So, my view is that if the budget disappoints and I think the only way it can disappoint is if they do not give relaxation on personal taxation and those have to be significant.

A cereal for babies is being pulled off the shelves across Canada due to concerns over a rare bacterial illness that could potentially be fatal in infants.

Some people develop a weird allergy to red meat after being bitten by a lone star tick yet find they can still eat pork from a surprising source — certain pigs originally bred for human organ transplants

Restaurant critics appear to have the best job in journalism, enjoying meals a few nights a week on someone else’s dime

At least two people have died and more than two dozen were hospitalized in an outbreak of listeria food poisoning linked to meat sliced at grocery store deli counters

President Ferdinand Marcos Jr. has ordered an immediate ban on widespread and mostly Chinese-run online gaming operations in the Philippines accusing them of venturing into crimes, including financial scams, human trafficking, torture, kidnapping and m...

jobs is a key takeaway from the Economic Survey; another highlight is the conservative approach to growth expectations.