Food Financial News

12.07 / 20:05
Provident Waters Food performer stars prevention Features Best AC, refrigerator, washing machine: Get additional discounts on these top 9 must-have home appliances
Check out the best refrigerators LG 272 L 3 Star Frost-Free Double Door RefrigeratorEquipped with a smart inverter compressor, the LG 272 L 3 Star Frost-Free Double Door Refrigerator ensures energy efficiency, reduced noise, and enhanced durability. With a capacity of 272 litres, it is well-suited for households with 3 to 4 occupants.
12.07 / 20:05
markets Citi MET PINK Food DISH Savouring the multi-cultural food pie of New York
Starry Night. My favourite queuing experience, undoubtedly, is one that involves food. It is at Katz’s, one of New York’s most famous food institutions.
12.07 / 19:33
UPS Provident Target Waters Platform Food Income tax cuts in Budget: A half-hearted recipe to fix India’s consumption woes
₹5 lakh in the preceding year, and another 36% (or 24.1 million) fell under the ₹5-10 lakh range. That makes individuals with gross income of less than ₹10 lakh per year the most dominant tax base for the government.
12.07 / 19:20
UPS Citi Food country reports recommendations India's food services sector to hit Rs 7.76 lakh cr by 2028: NRAI Report
food services sector is expected to be worth Rs 7.76 lakh crore by 2028 up from Rs 5.7 lakh crore currently, as per a new food services report released Tuesday by the National Restaurant Association of India (NRAI). As per the India Food Services Report 2024 released by NRAI, the growth of the sector at a CAGR of 8.1% over the next four years will beat the overall GDP growth estimates forecast by RBI. RBI estimates real GDP growth of India at 6.7% in 2024-2025 and 6.5% in 2025-2026. The size of the sector was Rs 4.23 lakh crore in 2019 as per the report and will grow to Rs 6.12 lakh crore in 2025. It is the third largest industry after retail and insurance and will employ about one crore people in the next four years, up from 85.5 lakh currently.
12.07 / 18:53
markets Aware Manufacturing Food Department medicines Pharmaceuticals Nutraceuticals may get cheaper as panel looks to regulate prices
affordable for the consumer. A panel formed to address regulatory challenges with regard to nutraceuticals is looking at ways to regulate their prices, people in the know told ET. At present nutraceuticals come under the ambit of Food Safety and Standards Authority of India (FSSAI) and there are no such price regulations. «Nutraceuticals are generally sold as over the counter (OTC) products. It has been seen that pharma companies are marketing them at high prices,» said an official aware of the line of thought in the government. «For example, in the case of vitamins, the companies are using active pharmaceutical ingredients (API) for manufacturing a medicine. They then mix it with another ingredient to make it into a nutraceutical and sell it at exorbitant prices,» he added. At present, there are no rules and regulations to regulate the prices of nutraceuticals. «But this is going to get changed,» another person said. Senior officials from the ministry of health and family welfare, department of pharmaceuticals are (DoP), ministry of food processing industries, FSSAI, the Drugs Controller General of India (DCGI), director general of the Indian Council of Medical Research (ICMR) and the director general of health services are actively discussing the issue and will soon come out with measures to regulate the prices.
12.07 / 18:42
UPS Provident Digital Opinion Food performer Features Best alternatives to Philips air fryers: Explore the top 10 options with affordable price tags and advanced features
Material: Stainless Steel, Plastic, AluminiumSpecial feature: DigitalCapacity: 4.2 litresColour: GreenDimensions: 30D x 22.9W x 29H cmWhat are buyers saying on Amazon?Many buyers have expressed admiration for the beautiful appearance and royal feel of this item. They have found it to be user-friendly and ideal for cooking without oil.
12.07 / 18:33
COST WhatsApp Food trends country reports 70% of Indians choose healthier snack options despite costs; prioritize reading ingredient lists and nutritional value
survey reveals that 73 percent of Indians prefer to read ingredient lists and nutritional value before purchasing snacks, highlighting a growing inclination towards healthy snacking in the country. The Healthy Snacking Report 2024, released on Sunday, is based on a survey of over 6,000 people across India and aims to examine the evolving consumption trends. «Seventy-three per cent of those surveyed prefer to read labels for ingredient lists and nutritional value before making a purchase. Of this, 93 per cent expressed a desire to transition to healthier options, highlighting a correlation between label reading and conscious choices while pushing for transparency,» read the report. The report comes in the wake of increasing cases of food adulteration in products such as spices, confectionaries, and fast-moving goods. This issue has prompted consumers to be more cautious, with many checking food packets for potentially harmful substances.
12.07 / 17:59
UPS SUN Manufacturing Food reports Updates Stocks in news: HDFC Bank, IDFC First Bank, IDBI Bank, Dr Reddy's, Lloyds Metals
shares of HDFC Bank, IDFC First Bank, IDBI Bank, Dr Reddy's, Lloyds Metals among others will be in focus due to various news developments and first-quarter updates. HDFC Bank
12.07 / 17:46
markets COST Digital Aware economy Election Food Budget 2024: Agriculture & FMCG sectors seek better infra & tech to help farmers tackle climate change, inflationary pressures
agriculture and FMCG sectors have requested the government to use the budget to address the challenges they face due to drought, climate change and inflationary pressures. The requests were made during pre-budget consultations with Finance Minister Nirmala Sitharaman. The minister is scheduled to present the Union Budget on July 23, after presenting an interim budget in February due to Lok Sabha elections. Ashok Kumar, Associate Director, Farm Prosperity, Transform Rural India (TRI), tells ET Digital that a robust crop insurance mechanism is of paramount importance for farmers as weather risks have emerged as a major threat due to climate change. The budget should also focus on safe food production practices and support the production of chemical-free products that are safe for consumption. “Value addition and procurement have to be facilitated near farms. That will lead to higher income. Investment should be announced in quality energy access in farms and processing of primary agriculture produce. Photovoltaic systems could be a potential solution to meet the energy requirement of the agri sector,” says Kumar.
12.07 / 17:22
Gap economy Food trends show reports Department With a sombre start, spectre of a disappointing monsoon season lurks
MUMBAI : Clouds of a disappointing monsoon season are hovering over the Indian economy. The pace of rainfall was a letdown in June, which typically marks the beginning of the monsoon season. But as the chart shows, the cumulative rainfall was in the deficit zone last month.
12.07 / 17:08
UPS Food wellness reports travelers Investigations China investigating after media report finds same trucks transport edible oil and a form of coal
China’s authorities are investigating food safety concerns in cooking oils after an investigative report from local media revealed that tankers carrying soybean oil from a major state-owned company were also used to carry a form of coal
12.07 / 17:04
COST UPS Food reports testing rights Costco hiking membership fees for first time in 7 years
Woodshaw Financial Group principal D.R. Barton analyzes the state of the consumer after Walmart's solid earnings report on 'Varney & Co.'
12.07 / 17:03
UPS Food Death Celebrity reports gatherings Hathras and the tragic history of major stampedes at religious events in India
stampede at a Hindu religious gathering in India's northern state of Uttar Pradesh on Tuesday, authorities said, in one of the worst such tragedies in recent years. The stampede happened in a village in Hathras district, about 200 km southeast of the national capital New Delhi, where authorities said a large crowd had gathered on an open area of land in response to a call from a religious leader. Here is a list of major stampedes in India over the years, most of them at religious festivals or gatherings: JANUARY 2005: More than 265 Hindu devotees were killed and hundreds more injured after a stampede at the Mandhardevi temple in Wai town in the western state of Maharashtra. The stampede was caused by slippery steps leading up to the temple, media reported at the time.
12.07 / 16:44
SUN security Food Juniper reports International orienteering Quant Small Cap Fund sells 8.3 lakh shares of LIC, exits Adani Green Energy
Quant Small Cap Fund in its June portfolio has increased its stake in Adani Power and HDFC Bank. On the other hand, it decreased its exposure in Life Insurance Corporation Of India and TV18 Broadcast. It made a complete exit from Adani Green Energy in June. The fund added around 45.25 lakh shares of Adani Power taking the total number of shares to 1.10 crore in June from 64.83 lakh in May. Also Read | Quant Mutual Fund investors withdraw Rs 2,800 crore amid Sebi probe: Report
12.07 / 16:40
UPS Manufacturing Platform Food Trade reports Goodyear, Smart Global rise; LegalZoom falls, Wednesday, 7/10/2024
Stocks that are trading heavily or have substantial price changes on Wednesday: Goodyear, Smart Global rise; LegalZoom, falls
12.07 / 16:36
markets COST UPS Food travelers Morning Coffee: HSBC bankers have been given a nice easy schedule. UBS reveals the nightmare of AI enabled clients
Three meetings a day? Luxury!  Any sell-side analyst or capital markets roadshow banker might be permitted to raise an eyebrow at the news that HSBC employees have been reminded at a company town hall meeting that it’s policy to ensure that you have at least three meetings per day to justify the travel costs.  Back in the old days at UBS under Andrea Orcel , bankers were expected to log 300 meetings every year.  Who goes travelling for only one or two client meetings?
12.07 / 16:31
COST WhatsApp Food Trade medicines India, Taiwan pact to facilitate trade of organic agri goods comes into force
commerce ministry said on Wednesday. The mutual recognition agreement (MRA) will ease the export of organic products by avoiding dual certifications, thereby reducing compliance cost, simplifying compliance requirements by adhering to only one regulation and enhancing trade opportunities in the organic sector. It said the pact will pave the way for export of major Indian organic products such as rice, processed food, green/black and herbal tea, medicinal plant products to Taiwan. The implementing agencies for the MRA are India's Agricultural and Processed Food Products Export Development Authority (APEDA) and Taiwan's Agriculture and Food Agency.
12.07 / 16:12
markets UPS Manufacturing Food Trade Experts country Budget 2024: Govt plans duty reforms, tax tweaks to boost local manufacturing
Building a new factory? Budget may extend concessional tax rate for a year The plan is to encourage more value addition in segments where local production is predominantly in the nature of assembling imported components, the person said. Improving ease of doing business and cutting red tape in claiming tax refunds are also high on the government’s priority. Experts said that an amnesty scheme under customs is the need of the hour.
12.07 / 15:51
Waters Food Research Virus prevention infection symptoms Here's why popular street food momos in monsoon can be dangerous
street food, especially momos, becomes a popular comfort food choice. However, this season also brings heightened health risks due to increased contamination.
12.07 / 15:45
Citi Target Aware Platform Food country Schools Zomato suspends hyperlocal goods delivery service Xtreme, restarts Intercity Legends: sources
Zomato has suspended its hyperlocal goods delivery service ‘Xtreme’ on account of poor demand, according to people aware of the matter. The food delivery platform had launched the service in October last year. Separately, the company has also relaunched its intercity food delivery offering ‘Legends’ in a third avatar.

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