Food Financial News

21.06 / 04:33
markets COST UPS Food President Pre-Budget meeting with FM: Tax sops, higher capex, stable tax regime top industry wishlist
Tax incentives, an increase in capital expenditure, fiscal consolidation, enhanced ease of doing business, and a stable long-term tax regime are among the key suggestions industry and financial institutions made in their pre-budget consultations with finance minister Nirmala Sitharaman on Thursday. The Confederation of Indian Industry (CII) said its president Sanjiv Puri suggested a 25% increase in capex spending over the revised estimate of FY24 and relief in income tax to boost consumption. CII also suggested setting up a Green Transition (Mitigation and Adaptation) Fund for which multiple sources of funding could be tapped and would facilitate the availability of capital at a lower cost, it said in a statement.
21.06 / 02:13
Provident Action Food DAL social reports travelers Cockroach found in food served in Vande Bharat train. IRCTC apologises
Vande Bharat train is in the news again, but this time for the wrong reasons. According to reports, a couple traveling on the Vande Bharat train found a cockroach in their meal on June 18. The nephew of the couple, who were traveling from Bhopal to Agra, shared pictures of the dal in which the bug was found on social media. Following this, the Indian Railways Catering and Tourism Corporation (IRCTC) took action and imposed a fine on the service provider. The issue was raised by a user named Vidit Varshney on social media. He complained about the poor quality of food served to his uncle and aunt on the train. «On 18-06-24, my Uncle and Aunt were traveling from Bhopal to Agra in Vande Bharat. They got 'COCKROACH' in their food from IRCTC. Please take strict action against the vendor and make sure this does not happen again,» Varshney posted.
21.06 / 02:07
Citi FIVE Citizens Waters Gap Food show Saving water is an alarm call we must heed every day
Journal of Zoology in 1982, A.J.T. Johnsingh documented the behaviour of dholes he observed from August 1976 to July 1978 in Bandipur Tiger Reserve. The picture he drew is a lively one, full of seriousness and play.
20.06 / 20:35
COST UPS Mobile WhatsApp Food McDonalds unveils its $5 value meal to combat inflation
retail chain hopes that its reduced prices will get its loyal customers back and increase its sluggish sales. In recent times, due to high inflation, customers are cutting down on eating out and restaurants are experiencing a sluggish growth in sales across the US. Many customers had given feedback after the company had raised the cost of its burgers. McDonalds issued a press note that it has been receptive to consumer feedback and also revealed details regarding the items that will be part of the meal. The company stated that with the introduction of this meal option it is reaffirming its commitment to ensuring affordable menu options. $5 meal: This $5 meal will be available for a limited period of time. What we do know is that this meal will be available from June 25 in participating stores and through its mobile app. The meal comes with the following options: McDouble or McChicken Sandwich, small fries, 4-piece Chicken McNuggets and a small soft drink. Customers can also buy this meal not just through walk ins and mobile apps but also through drive ins.
20.06 / 18:39
UPS Food film Actor beautiful stars Prabhas reveals himself to be a Big B fan, says he grew up watching his movies
Prabhas says he has been a fan of Amitabh Bachchan, his co-star on "Kalki 2898 AD", since childhood and remembers one of his uncles sporting a hairstyle that the megastar made popular in the 70s. The actor thanked producer Aswini Dutt and director Nag Ashwin for giving him the opportunity to work with «greatest legends» like Bachchan and Kamal Haasan on the futuristic drama that also stars Deepika Padukone in the lead role. «It's like a dream,» the "Baahubali" star said, recalling how he wanted to touch Bachchan's feet in their first meeting. «First time, when I went to meet Amitabh sir, I was going to touch his feet and he said, 'Don't do it, if you do it, I'll also do it'. I was like, 'Sir please, I can't even think,» Prabhas said at a promotional event of «Kalki 2898 AD» here last night, which was hosted by his actor friend Rana Daggubati.
20.06 / 15:31
Digital Food wellness exclusive consequences reports Schools Employees prefer work from home as heatwave forces corporates to adopt hybrid work
work from home popular again with corporates preferring to come to the office only 2-3 times a week. According to a survey by coworking company The Office Pass (TOP), working from home more often was preferred by 26%, while 24% chose to operate from a café or coworking space near their home. Only 16% preferred to work from the office exclusively.
20.06 / 13:19
UPS FIVE Manufacturing Food Nestle Trade information FMCG stock rallies 20% on dividend, bonus issue intimation; board meeting on June 25; Buy or sell?
Milkfood Ltd Share Price: Shares of fast-moving consumer goods (FMCG) major Milkfood Ltd rallied 20 per cent on Thursday, June 20, after the company announced that it may consider announcing an interim dividend and a bonus issue soon. The FMCG major declared that it will conduct its board meeting on June 25 where it may consider approving the dual corporate action.In a regulatory filing to the stock exchanges, Milkfood said, ‘’We hereby inform you that a Meeting of the Board of Directors of the Company will be held on Tuesday, the 25th day of June, 2024 to inter alia, consider and approve the following matter:1.
20.06 / 11:59
UPS Provident Target security WhatsApp Food UP Chief Minister Yogi Adityanath reviews One Family, One Identity scheme
Uttar Pradesh Chief Minister Yogi Adityanath on Thursday, reviewed the current status of the 'Family ID' process being issued to each family unit in the state and directed for its speedy execution. As per a press statement released, the chief minister reiterated that the Family IDs are being issued to provide government benefits to every family and employment opportunity to at least one member. Currently, about 15.07 crore people from approximately 3.60 crore families living in Uttar Pradesh are benefiting from the National Food Security Scheme. The ration card number of these families serves as their Family ID.
20.06 / 11:59
markets UPS Food Gillette wellness Updates Stock market update: FMCG stocks down as market rises
Mrs. Bectors Food Specialities Ltd.(up 3.90%), LT Foods Ltd.(up 3.64%), Zydus Wellness Ltd.(up 2.91%), Vadilal Industries Ltd.(up 2.72%), JHS Svendgaard Laboratories Ltd.(up 2.00%), Bajaj Consumer Care Ltd.(up 1.15%), Tasty Bite Eatables Ltd.(up 1.15%), Hindustan Unilever Ltd.(up 1.03%), Marico Ltd.(up 0.96%) and Adani Wilmar Ltd.(up 0.91%) stood among the top gainers.
20.06 / 10:57
Provident Target Dash Election Food show Bank of England expected to keep main interest rate at 16-year high of 5.25% despite inflation fall
Any hopes the governing Conservative Party may have of the Bank of England cutting its main interest rate from a 16-year high of 5.25% are expected to be dashed
20.06 / 10:47
Remark Food Instagram love actress singer Priyanka Chopra's previous venture, Restaurant Sona in New York, to shut down
Priyanka Chopra Jonas' former New York restaurant, Sona, is set to shut its doors nearly a year after the actress withdrew her involvement as a co-founder. The announcement was made on Sona's official Instagram page on Wednesday, stating that the restaurant's final service will be brunch on Sunday, June 30. Chopra Jonas initially launched Sona in 2021 alongside her friend and former business partner, Maneesh K. Goyal. The restaurant, named 'Sona' meaning 'gold' in Hindi, was christened following a suggestion from the actress's husband, singer Nick Jonas. Despite opening amid the challenges posed by Covid-19 restrictions, Sona quickly established itself as a prominent fixture in New York's culinary scene. «After more than three remarkable years, Sona will be closing. We have immense gratitude for everyone who walked through our doors. It's been our greatest honor to serve you. Thank you to our dedicated team who serve delicious food, smiles, and warmth daily. Sona's final service will be brunch on Sunday, June 30. We hope to see you for a final meal or drink. Our doors and arms are open,» read the heartfelt post from Sona.
20.06 / 06:09
markets Manufacturing Platform Food Research stage Schools Specialty chemicals platform Distil raises $3.1 million in funding led by Jungle Ventures
Specialty chemicals platform Distil has raised $3.1 million in a seed funding round led by Jungle Ventures and India Quotient, with participation from other investors and operators. This marks Jungle Venture’s first seed investment in India since the launch of its First Cheque@Jungle, a programme which aims to invest at least $2 million in early-stage startups from idea to seed stage, according to a statement on Thursday.
20.06 / 05:13
Food wellness recommendations rights Interviews cricket bowling Ex-Pakistan cricketer recommends THESE names for Team India's bowling coach
TimesofIndia.com. He added, “Team India doesn't need any foreign coaches. They have plenty of options and talent. After Dravid, no one can be the best and bigger than Gautam Gambhir.
19.06 / 20:13
COST Food Trade Universities country information reports Centre announces infrastructure projects, farmer support as part of 100 day programme
₹76,220 crore port in Maharashtra that will boost cross-border trade and a ₹2,869.65 crore expansion of the airport at Varanasi—Prime Minister Narendra Modi's parliamentary constituency. It also decided to increase the minimum support price for kharif crops and approved funds for a forensic university, Information and Broadcasting minister Ashwini Vaishnaw told reporters after the meeting.Read Also: In 100-day agenda, food processing ministry to incorporate reduction of food wastage in supply chainVaishnaw said the proposed “all-weather greenfield deepdraft major port" at Vadhavan in Maharashtra will be one of the top 10 ports in the world.The project will be carried out by Vadhavan Port Project Ltd (VPPL), a company set up by the Jawaharlal Nehru Port Authority (JNPA) and Maharashtra Maritime Board (MMB) with a shareholding of 74% and 26%, respectively.The project cost includes land acquisition and infrastructure building.
19.06 / 15:07
markets Target Southern Food President War Celebrity Juneteenth 2024: Will supermarkets and restaurants be open today? Here is the full list of what is open and the timings
Juneteenth 2024 is here and the US is celebrating what is considered to be its second Independence Day. This marks the end of slavery in the US. After President Joe Biden signed the legislation adding June 19 to the list of federal holidays in 2021, millions of Americans get a paid holiday on this historic day. The American civil war ended on this day after General Gordon Granger marched into Texas with his troops in 1865 and released over 250,000 individuals working as ‘slaves’ in the various agricultural fields of the southern states. Will the retail stores, food restaurants and other eateries be open?
19.06 / 12:07
markets UPS Target Food country International In 100-day agenda, food processing ministry to incorporate reduction of food wastage in supply chain
Rich man’s fruit? In a first, India plans to import avocado from Brazil to tame domestic pricesThe available studies on post-harvest losses in India are not comparable and there is no emphasis on measuring food waste at the consumer level. Estimates of post-harvest losses in the country vary from 18% to 25% across the entire supply chain, though they are thought to be much higher, at up to 45%, for fruit and vegetables.“India’s food processing capabilities have immense potential.
19.06 / 11:47
Fighting WhatsApp Food Exceptionally hot summer & low reservoir levels to likely impact vegetables, fruit crop: RBI
low reservoir levels. This issue is likely to impact the central bank's fight against inflation, which it says has been interrupted by volatile and elevated food prices. «The exceptionally hot summer season and low reservoir levels may put stress on the summer crop of vegetables and fruits. The rabi arrivals of pulses and vegetables need to be carefully monitored,» RBI Governor Shaktikanta Das said in the June edition of its Bulletin.
19.06 / 10:45
UPS Digital ICE Food stars prevention Features Amazon Home Makeover Sale: Save big on home appliances, revamp your living space with these incredible offers
Best 5 star ACs for your home: Top 5 efficient options to cool your space and save moneyThe Daikin 0.8 Ton 3 Star Fixed Speed Split AC is perfect for small rooms up to 100 sq.ft. This 2022 model features a copper condenser coil, ensuring better cooling and low maintenance.
19.06 / 10:25
UPS Target FIVE Food President inclusion Farmers will take hit from capital gains tax changes, Commons committee told
Farming organizations are joining the chorus of concern over the federal government’s capital gains tax changes, with one group warning a House of Commons committee Tuesday that family-owned farms will be negatively affected.
19.06 / 10:15
Target Boeing Food Headlines UK inflation returns to 2% target but June BoE cut remains unlikely
The drop was widely expected, with the BoE's spring forecast predicting a return to target in 2024. Food prices were the largest contributors to the reduction in the headline figure, the ONS found, while the largest increase came from motor fuels. At the same time, core CPI rose by 3.5% in the year to May, compared with 3.9% in April. The three-year long wait for inflation to fall back to target is a «milestone moment», said James McManus, CIO at Nutmeg, with energy prices a «significant driver» in bringing down the headline figure. UK grocery inflation drops to lowest rate sinc...

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