Food Financial News

Sales of raw milk appear to be on the rise, despite an outbreak of bird flu in U.S. dairy cows

Sonia Gandhi] and my grandmother [Indira Gandhi]," Gandhi said. In the 6-minute video, Rahul Gandhi said, “Our family has a relationship of over 100 years with Amethi and Raebareli." He said the relationship with Raebareli and Amethi is different. "It is like a family, friendship and affection.

India's Ministry of Agriculture and Farmers Welfare, Google Arts & Culture today launched a new digital exhibit, "Millets: Seeds of Change," said Google Arts and Culture in a media release. «The digital exhibition highlights the history of millets from ancient grains to modern-day superfoods, as well as their nutritional benefits, contribution to global climate resilience, and potential to address global food security challenges,» the release added. Launching the exhibit at Krishi Bhavan, Manoj Ahuja, Secretary, Department of Agriculture and Farmers Welfare said,“When India spearheaded the UNGA resolution to declare 2023 the International Year of Millets, we did so with the objective of sharing our agricultural practices and experiences with the world. We were gratified to see ‘Shree Anna’, which holds immense potential for multiplier impact — including offering India’s small farmers a doorway to prosperity — receiving interest during the global G20 Summit. Our hope and ambition is that the conversations that have been generated over the past year translate into the advantages of millets spreading farther and wider.”

Patanjali Foods reported a 22% fall in fourth-quarter profit on Tuesday, as sluggish demand dragged overall sales down in its mainstay edible oils business amid a surge in expenses. The Ruchi Gold oil maker's profit fell to Rs 206 crore (around $25 million) for the quarter ended March 31, from Rs 264 crore a year earlier.

Patanjali Foods Q4 Results: Baba Ramdev-led Patanjali Foods announced its January-March quarter results for fiscal 2023-24 (Q4FY24) on Tuesday, May 14, reporting a drop of 22 per cent in standalone net profit at ₹206.32 crore, compared to ₹263.71 crore in the corresponding period last year. Formerly known as Ruchi Soya Industries, the fast-moving consumer goods (FMCG) firm's revenue from operations in the fourth quarter of FY24 rose four per cent to ₹8,221 crore, compared to ₹7,873 crore reported in the year-ago period.

Tejashwi Yadav of having fish during Navratri, a period when some Hindus abstain from having non-vegetarian food. Mamata Banerjee said she is ready to “cook something for him (Modi)" but wasn't sure "whether the PM will be ready to savour it", while taking potshots at the BJP for “interfering" with the food habits of people. "I have been cooking since my childhood days.

West Bengal Chief Minister Mamata Banerjee's offer to «cook food» for Prime Minister Narendra Modi elicited mixed responses from different political parties, with the BJP suspecting a politicized agenda and the CPI(M) suggesting a potential «understanding» between the TMC and the BJP. Taking a jibe at Prime Minister Narendra Modi for his recent allegation that RJD leader Tejashwi Yadav last month had fish during a period when some Hindus abstain from having non-vegetarian food, Banerjee on Monday said she was ready to «cook something for him (Modi)» if he wanted though she was not sure whether he would eat what she cooked. Banerjee, at an election rally here, had made the remarks while taking a dig at the BJP for allegedly interfering with the food habits of the people and had said she would be happy to cook food for Modi but is not sure «whether the PM will be ready to savour my cooked meal.» «I have been cooking since my childhood days. People have praised my cooking. But will Modiji accept my food? Will he trust me? I will cook whatever he loves,» she had said.

Nakoda Group Of Industries Ltd.(up 11.06%), Umang Dairies Ltd.(up 5.30%), JHS Svendgaard Laboratories Ltd.(up 4.93%), LT Foods Ltd.(up 4.69%), ADF Foods Ltd.(up 3.14%), Zydus Wellness Ltd.(up 2.54%), Adani Wilmar Ltd.(up 2.32%), Mrs. Bectors Food Specialities Ltd.(up 2.02%), Vadilal Industries Ltd.(up 1.92%) and Dangee Dums Ltd.(up 1.87%) stood among the top gainers.

April, mutual funds bought stocks of Rs 32,800 crore. Across the industry, the key additions were Kotak Mahindra Bank, Axis Bank, and Bharti Hexacom, while the key reductions were State Bank of India, Jio Financial Services, and Bajaj Finance, according to Mutual Fund Insight by Nuvama Alternative & Quantitative Research.

Shares of Zydus Wellness jumped 3.8% on BSE to hit their fresh 52-week high of Rs 1,750.20 after reporting a 4% year-on-year (YoY) increase in profit after tax of Rs 150.3 crore for the fourth quarter ended March 2024. The company’s board also declared a dividend of Rs 5 per share. The record date has been fixed as July 19 to determine the list of shareholders entitled to receive the final dividend for the financial year 2023-24.

Zomato with a target price of Rs 230. The current market price of Zomato is Rs 186.5. Zomato, incorporated in the year 2010 (having a market cap of Rs 170978.71 crore) operates in Services sector.

Zomato for messages such as "Reminder: call maa". "Some of us are grieving the loss of mums. Others are struggling with poor relationships with parents.

US government and establishing a dictatorship inspired by Nazi Germany. The announcement was made by a US attorney following Kandula’s admission in a US court. Also Read | From talking to AI to helping people with disabilities: Top 5 use cases of OpenAI's new GPT-4o language model Residing in St.

₹130 crore in the fourth quarter of FY24, down from ₹333 crore reported in the year-ago period. The company has posted a net profit of ₹13 crore in Q3FY24. PVR Inox’s revenue from operations in Q4FY24 rose 10% to ₹1,256 crore from ₹1,143 crore, YoY.

Blinkit turned adjusted-Ebitda-positive for the first-time in March. Zomato arrives at adjusted Ebitda by adding employee stock option (Esop) expenses and subtracting lease rentals. Note that in the fourth quarter of FY24, Blinkit posted an Ebitda loss even as quick-commerce gross order value (GOV) continued to grow, rising 14% sequentially.

Devyani International, the largest Indian franchise for Pizza Hut and KFC, today reported a net loss of Rs 49 crore for the quarter ended March 31, 2024, as against a profit of nearly Rs 60 crore for the same period last year. The firm reported an increase in revenue from operations by 38% year-on-year (YoY) to Rs 1061.7 crore. The total expenses of the company also increased by 32% YoY to Rs 550.6 crore which stood at Rs 374 crore in the fourth quarter of FY23.

₹49 crore for the March quarter of the last financial year (Q4FY24). The company reported a one-time loss of ₹42.3 crore. The company had reported a profit of ₹60 crore in the same quarter last year, while in the December quarter of FY24, the company's profit was ₹5 crore.

humanitarian aid to Kenya following severe floods that have devastated the country, the Ministry of External Affairs (MEA) said on May 14. This is the second tranche of humanitarian aid to Kenya comprising relief and medical supplies. Floods have impacted 38 out of 47 counties in the country, killing 267 people, injuring 188, and displacing over 280,000 individuals.

steady inflation in April was supported by a favourable base effect. On a month-on-month basis, Consumer Price Index (CPI) rose 0.48% in April from the previous month, marking the fastest month-on-month increase since November 2023. This increase was primarily driven by significant rises in specific categories: food prices increased by 0.74%, pan, tobacco, and intoxicants by 0.44%, and housing by 0.95%.

Retail inflation eases slightly in April, food inflation rises While the CPI inflation remains above the Reserve Bank of India’s target of 4 per cent, it has been within the central bank's tolerance range of 2-6 per cent for the eighth consecutive month. In July and August last year, retail inflation prints had come to 7.44 per cent and 6.83 per cent, respectively. India's retail inflation has been easing since December 2023, when it rose 5.69 per cent.

Varun Beverages share price jumped over 5 per cent in morning trade on BSE on Tuesday, May 14, buoyed by the company's impressive March quarter (Q1) earnings. Varun Beverages share price opened at ₹1498.15 against its previous close of ₹1477.80 and jumped 5.5 per cent to the level of ₹1558.45. Around 9:45 am, Varun Beverages share price traded 3.13 per cent higher at ₹1,524 apiece.