Food Financial News

₹15,000 on childcare products. This includes essentials like diapers, baby food, skincare products and educational toys. “I wish there were more affordable options that didn’t compromise on quality.

Shares of State Bank of India(up 1.18 per cent), Bank of Baroda(up 1.15 per cent), Bandhan Bank Ltd.(up 0.61 per cent), Punjab National Bank(up 0.24 per cent) and Kotak Mahindra Bank Ltd.(up 0.08 per cent) ended the day as top gainers in the pack.

Target is cutting prices on thousands of consumer basics this summer, goods ranging from diapers to milk, with more Americans paying closer attention to their spending as inflation cuts into household budgets

Shares of MphasiS Ltd.(up 2.17 per cent), Tech Mahindra Ltd.(up 1.4 per cent), Coforge Ltd.(up 1.29 per cent), L&T Technology Services Ltd.(up 0.43 per cent) and HCL Technologies Ltd.(up 0.23 per cent) ended the day as top gainers in the pack.

Benchmark NSE Nifty closed 27.05 points down at 22529.05 amid buying in frontline bluechip counters.

variyali sharbat. This summer drink from the state of Gujarat—made from just two ingredients saunf soaked overnight (fennel seeds) ground up with khaadi saakar (rock sugar candy) in a stone mortar and pestle, then strained and diluted with water—was something Diwekar claimed is not just a cool aid for summer. Hand grinding in a stone mortar pestle is an important step because it's a cold grind to preserve the aromas and essential oils of the spices as opposed to the grinding them in a mixer which heats up affecting the delicate essence.

Food innovations and fancy plating often allure us, but the side effects of many innovations, which might look pleasing to the eye, can be dangerous. One such innovation is the use of liquid nitrogen, which recently led to a 12-year-old girl in Bengaluru suffering a hole in her stomach after consuming liquid nitrogen paan. By the end of April, the girl developed stomach discomfort, leading to a diagnosis of perforation peritonitis—a hole in her stomach. It is reported that the girl wanted to try the trend of foods infused with liquid nitrogen because it looked interesting to her. Doctors emphasized the need for immediate surgery to prevent further complications. The girl underwent an exploratory laparotomy with intra-op OGD scopy and sleeve gastrectomy, removing a portion of her stomach measuring about 4x5 cm on the lesser curvature.

INDI alliance has been completely defeated in the fifth phase of the 2024 Lok Sabha elections polling which was held on Monday. PM Modi also said that India of the 21st century can't march ahead with the «sins» of the INDI alliance. Addressing a public meeting in Bihar's Champaran. PM Modi said, «In the fifth phase, the INDI alliance has been completely defeated. India of the 21st Century cannot move forward with the sins of the INDI alliance. And that is why in every election the public is strongly attacking parties like Congress and RJD. On June 4, there will be an attack on corruption, politics of appeasement, tukde tukde gang...»

Biocon Biologics on Tuesday said it has received approval from the US health regulator for its biosimilar product to treat different types of ophthalmology conditions. The US Food and Drug Administration (USFDA) has approved the company's first-to-file application for Yesafili, a vascular endothelial growth factor inhibitor used to treat several different types of ophthalmology conditions, the company said in a statement. Biocon Biologics is a part of Biocon Ltd. Yesafili is intended for the treatment of neovascular age-related macular degeneration, visual impairment due to macular oedema secondary to retinal vein occlusion, visual impairment due to diabetic macular oedema and visual impairment due to myopic choroidal neovascularisation.

Honasa Consumer Ltd.(up 5.12%), Future Consumer Ltd.(up 4.77%), JHS Svendgaard Laboratories Ltd.(up 0.81%), Adani Wilmar Ltd.(up 0.79%), Varun Beverages Ltd.(up 0.19%) and Britannia Industries Ltd.(up 0.02%) were among the top gainers.

Oil India: In Q4FY24, Oil India reported a 10% sequential decline in consolidated net profit to ₹2332.94 crore, but a 17% YoY increase. The company’s revenue from operations rose by around 16% YoY to ₹10,166 crore. OIL’s board recommended a 1:2 bonus share issue and a final dividend of ₹2.50 per equity share (post-bonus) for FY24, in addition to the interim dividends already paid.

Sun Chips are popular fried multigrain chips among Americans but is the food item really a healthy one? Let's delve into the details of favourite Sun Chips.

In charts: India’s spices exports raise a stink abroad Certain Everest and MDH products were recently found to have violated rules around ethylene oxide residue in Singapore and Hong Kong, resulting in recalls and bans of specific batches of their products in these markets. Hong Kong completely prohibits ethylene oxide in food products, while Singapore has a limit of 50 parts per million. The European Union's limit is even lower, ranging from 0.02 to 0.1 mg per kilo.

Times of India reported an incident in which a girl complained of uncontrollable stomach pains after ingesting smoky paan. What initially appeared to be a fun activity involving liquid nitrogen became a nightmare for the 12-year-old girl. Last month, the girl reportedly developed stomach discomfort after consuming paan and was promptly rushed to the hospital.

This story is possibly apocryphal, but nevertheless worth telling. Just after independence, Jawaharlal Nehru instructed his party workers to go to the masses in the hinterland and spread the good news. That the British had left, and we were a free nation now.

Mint. “However, the increase in the number of people who can afford and the change in consumer demand towards quality has prompted our investment thesis to evolve." Peak XV (formerly Sequoia India and Southeast Asia) recently invested $12 million in Mokobara. Its consumer portfolio includes petcare startup Heads Up For Tails, nutraceuticals seller Healthkart, and home improvement firm HomeLane.

Stocks that traded heavily or had substantial price changes on Friday: Take-Two Interactive, RBC Bearings rise; Cracker Barrel, Flowers Foods fall

Surprising flavor combinations – think gravy-flavored Jones Soda or Sour Patch Kids Oreos — are showing up more frequently in grocery stores and restaurants

Demand-supply mismatches could keep prices of pulses elevated until the new crop starts arriving in the market in October, putting further pressure on already high food inflation, say experts. Higher prices of pulses — tur, chana and urad — despite myriad measures to keep them under check have been a cause of concern for the government. In April, inflation in pulses was 16.8%, with tur at 31.4%, gram at 14.6% and urad at 14.3%. Pulses account for a 6% weight in the food basket and 2.4% in the overall consumer basket for inflation calculation. Food inflation accelerated to 8.7% in April from 8.5% the previous month.

As a month-long boycott of Loblaw Cos. Ltd. enters its third week, the Canadian grocery giant’s investors appear largely unfazed. Though the movement continues to see a rise in supporters, evidence of its impact remains largely anecdotal. And Loblaw stock has not suffered, reaching an all-time high of $156.76 one week after the boycott began and remaining in positive territory for the month. The Financial Post’s Denise Paglinawan breaks down where things stand.