Food Financial News
12.05 / 16:05
UPS
DNA
Food
testing
How a Canadian woman found her long-lost sister just in time for Mother’s Day
After four decades, the unwavering belief in miracles of one mother and an unexpected gift bore fruit just in time for Mother’s Day.Montrealer Martin Moya gave his wife Diana Angarita a birthday gift that would unknowingly change their lives forever.“When something is for you, it’s for you. You know, because my husband wanted to give me that present,” Diana said.Martin gave Diana a DNA test kit from a company called MyHeritage.Diana doesn’t know her father, and her mom Carmen Angarita is an orphan who also doesn’t know her family.The present was meant to find more about their origins.
12.05 / 13:43
Citi
Platform
Food
show
track
Schools
Zomato, Swiggy Instamart clock record orders on Mother's Day, beat New Year's Eve numbers
Zomato and quick commerce platform Swiggy Instamart on Mother’s day surpassed record order volumes it witnessed on New Year's Eve. “Mother's Day, for the first time ever, is turning out to be a (much) higher volume day than New Year's Eve,” Zomato cofounder and chief executive Deepinder Goyal said in a post on X on Sunday.
12.05 / 10:09
MET
Manufacturing
Food
Research
information
reports
guidelines
Label claims on packaged food could be incorrect & incomplete: ICMR
ICMR) has said stressing that consumers should read the information carefully to make informed and healthy choices. In its recently issued dietary guidelines, ICMR said «Some manufacturers use labels to make incorrect and incomplete claims about their food products.» The report said health claims on packaged food are designed to catch the consumer attention and convince them that the product is healthy. It also pointed out that sugar-free foods maybe loaded with fats, while packed fruit juices may contain only 10 per cent fruit pulp.
12.05 / 06:51
UPS
Platform
Food
show
reports
recommendations
Zomato Q4 Results Preview: Steady earnings on cards after solid last few quarters
food delivery platform Zomato is expected to put up a steady show in the January-March 2024 period after a solid last few quarters. The company is likely to see up to 75% year-on-year (YoY) growth in consolidated revenues, driven by healthy food delivery and hyperpure revenues. Sequential revenue growth is seen in the range of 3-9%. The food delivery app will report its earnings on Monday, May 13.
12.05 / 04:47
Extreme
Food
community
reports
travelers
evacuation
Wildfires are burning across western Canada. What to know
Wildfires have prompted evacuation orders and alerts in western Canada just days after officials warned of “significant risk” from the natural hazard this summer.A fire near Fort McMurray, Alta., has grown to 1,000 hectares Saturday, from around 200 hectares on Friday, and is listed as out-of-control.The Alberta government said the wildfire danger is “extreme” and has issued an evacuation alert for Fort McMurray and Saprae Creek. Residents should be prepared to evacuate on short notice and keep essential items like medications, important documents and emergency kits ready to go.A notice issued late Friday said strong winds were expected Saturday, and the wildfire was surveilled overnight by helicopters.
12.05 / 04:45
markets
Analysis
economy
Boeing
Food
exclusive
strain
Charting the global economy: BOE sends clearest sign yet of interest-rate cuts
Bank of England sent its clearest signal yet that it was closing in on interest-rate cuts, with Governor Andrew Bailey indicating markets were underpricing the pace of easing in the months ahead. The BOE governor made his comments after the UK central bank voted 7-2 to keep the base interest rate at 5.25%, a decision announced Thursday in London. He said recent inflation data have been “encouraging.” Meanwhile, price pressures in Brazil continued to ease, prompting the central bank to cut interest rates but at a slower pace.
12.05 / 01:25
Waters
Food
Cardiovascular
social
reports
prevention
strain
Health Tips for Today: Want to keep your heart healthy? Follow these 10 habits for happier life
foods high in refined carbohydrates, unhealthy fats, and added sugars. These foods can contribute to inflammation, weight gain, and heart disease risk. 2.
12.05 / 00:45
markets
Target
NIC
Aware
Food
social
innovations
NOT
D2C space: Investments in "not my parents' brands" are #trending
D2C) space are following a new thesis for placing their bets: to back young brands that focus on Gen Z (those born between 1997-2012) and have nothing to do with incumbent brands popular among older consumers. At Titan Capital run by Snapdeal cofounders Kunal Bahl and Rohit Bansal, this unwritten investment thesis has a name — «not my parents' brand». Several such brands have emerged over the past few years across food and beverages, home furnishing, fashion and footwear, oral care, and luggage, including Perfora, Mokobara, Nasher Miles, Wakefit, SleepyCat, Hocco and NIC. This phenomenon of not using parents' brands is visible in even sectors such as automotive and smartphones, Bahl said. «Consumers are increasingly gravitating towards new-generation EV brands, motivated not only by environmental concerns but also by a desire to differentiate themselves from their parents' preferences,» he told ET.
11.05 / 22:49
markets
Provident
Food
performer
cover
recommendations
Updates
Sapphire Foods India Q4 Results Live : profit falls by 98.24% YOY
₹0.37, reflecting a sharp decline of 98.26% year-over-year. In terms of stock performance, Sapphire Foods India delivered -2.85% return in the last week, 5.39% return over the last 6 months, and a negative return of -3.67% year-to-date.
11.05 / 15:37
WhatsApp
Food
track
Department
Two trains with petrol, diesel head to Tripura amid fuel crisis
trains with petrol and diesel headed to Tripura on Saturday amid a fuel crisis due to disruption in railway freight services in Assam's Dima Hasao, an official said. Goods train services have been disrupted on the line since April 26, following the derailment of a freight train in Jatinga area of Dima Hasao. However, passenger train services remained normal. «Two trains carried petrol and diesel today. Three-four days back, we had sent another freight train with essential commodities like sugar and edible oil,» North East Frontier Railway spokesperson Sabyasachi De told PTI. One of the trains has 49 wagons and is heading to Dharmanagar in Tripura, he said.
11.05 / 12:11
Cooper
Citizens
Waters
Food
Experts
International
Afghanistan news: Devastating flash floods kill over 300 in one day, Taliban declares state of emergency
ALSO READ: The Taliban warn journalists and experts against cooperating with Afghanistan International TV The World Food Agency said it was distributing fortified biscuits to the survivors of one of the many floods that hit Afghanistan over the last few weeks. In Baghlani Jadid alone, over 1,500 homes were damaged or destroyed, and more than 100 people died, Mohammad Fahim Safie, the National Programme Officer leading IOM's emergency response, said, citing government figures.
11.05 / 08:01
Target
FIVE
Action
Food
country
reports
travelers
Monsoon holds key for RBI's future monetary policy actions
heatwaves this summer, chances of the Reserve Bank of India (RBI) cutting key interest rates have also diminished. Severe heat conditions in the country are likely to have an impact on food prices, according to a report by the Bank of Baroda, and it asserted that monsoon now holds the key. IMD has though predicted above-normal monsoon for this year.
11.05 / 04:55
markets
UPS
FIVE
security
Enterprise
Food
trends
Q4 Results Today: APL Apollo Tubes, Jaiprakash Associates, Hi-Tech Pipes, among 29 companies to post earnings on May 11
3P Land Holdings, Advanced Enzyme Technologies, APL Apollo Tubes, ATV Projects India, Banswara Syntex, Bridge Securities, CCL Products (India), Control Print, Dharani Finance, DJ Mediaprint & Logistics, D-Link (India), Dolphin Offshore Enterprises (India), Gayatri Bioorganics, Gold Coin Health Foods, Gujarat Containers, Hi-Tech Pipes and India Tourism Development Corporation will release their Q4 results today. Jaiprakash Associates, Meghmani Organics, Panchmahal Steel, Progrex Ventures, RAS Resorts & Apart Hotels, Shalimar Agencies, Scan Steels, Sheetal Cool Products, Siyaram Silk Mills, Savita Oil Technologies, TVS Srichakra and Vishwaraj Sugar Industries are also among 29 companies scheduled to post their Q4FY24 earnings on May 11.
11.05 / 02:27
Target
Food
trends
show
Department
shock
prevention
Retail inflation likely to be steady at 4.87% in April: Mint poll
Mint showed. Projections from the economists varied between 4.70% and 5.10%, with only four anticipating the inflation rate to exceed 5%. The official data is set to be released on 13 May.
11.05 / 00:22
Waters
Strategy
Food
Experts
Universities
biodiversity
bowling
Salad chain says a cleaner farming method will offset adding steak to its menu. What is it?
The announcement of Sweetgreen salad chain that it’s adding beef to its menu led to strong reactions online, with customers questioning the company’s carbon neutral plans
11.05 / 00:21
Target
Food
community
Pride
social
reports
rights
Target to reduce number of stores carrying Pride-themed merchandise after last year's backlash
Target confirmed that it won’t be carrying its LGBTQ+ merchandise for Pride month in June in some stores after the discount retailer received a backlash last year for its assortment
11.05 / 00:21
FIVE
BLOCK
Landmark
Action
Food
cover
rock
700 union workers launch 48-hour strike at Virgin Hotels casino off Las Vegas Strip
About 700 workers have walked off the job at a hotel-casino near the Las Vegas Strip in what union organizers say will be a 48-hour strike after spending months trying to reach a deal for new five-year contract with Virgin Hotels
10.05 / 20:05
UPS
Art
Food
exclusive
hospital
travelers
Hoteliers pull out all the stops to pamper business travellers
The Courtyard by Marriott Aravali Resort with exclusive offers for 'valued' corporate clients, while the Four Seasons Mumbai is aiming to be 'the business traveller's choice' with curated business traveller package that it claims goes 'above and beyond' and includes complimentary sparkling wines on arrival and half an hour spa treatments. Travel and hospitality companies said they are witnessing clear shifts in the requirements of India's new-age business traveller, moving several notches beyond mere hotel accommodation. The demand for personalised amenities and services is going up and is being catered to. Satyajeet Krishnan, area director, operations and general manager, Taj Mahal Hotel, New Delhi said business travel — both individual and in groups — has seen a significant rise over last year. The hotel is running customised offers for lawyers, and diplomats on transfer, and there is a food and beverage (F&B) focus on express lunches and group dining offers, too.
10.05 / 19:11
markets
COST
Action
Food
Research
Cycling
FMCG giants bite price bullet to keep small companies off their turfs
Hindustan Unilever, Marico and Britannia said the impact of smaller regional brands which have been eroding their market shares in the past year has either moderated or halted after India's leading fast-moving consumer goods companies cut product prices to pass on benefits of lower production costs to consumers. «What we have seen of late is that while people (local brands) spread their wings, they started to feel the pressure in newer markets. And we have seen these shares stabilise of late,» said Varun Berry, Britannia's executive vice-chairman on an earnings call recently. According to market researcher Kantar, which analysed 13 categories across personal care, home care, and food and beverages, local companies operating in a single market grew their market shares nearly 13% in the year ended April 2023 compared to a 9% expansion of national brands in the same period. However, regional brands operating in more than two markets saw market shares drop by 2%, while that of unbranded firms fell 5%.
10.05 / 19:11
UPS
Action
Mercantile
Food
community
love
Three dimensions of greatness
Elon Musk imagines a world where cars have no drivers; but he cannot imagine a world without employees in offices as he vociferously argues against work-from-home culture. Judith Butler imagines a world without Zionism, a world where 'they' pronoun is normalised, but not a world where Islam embraces same-sex marriages. Both these people are changing the world in their own way — subverting conventional technology and discourse. These follow the saviour myths of monotheistic mythologies. Understandable when one traces their roots, via South Africa and East Europe. Their imagination makes no room for Jainism, the faith from South Asia of some of the world's most successful mercantile and banking communities, who worked with Buddhist kings, Jain kings, Hindu kings, Muslim kings, British imperialists and even patriotic and nationalistic governments, without ever incurring the wrath of a mob.
10.05 / 18:47
UPS
Cooper
Food
Instagram
Actor
social
Videos
NOT
Woman uses mop to apply BBQ sauce on smoked meat; netizens say, 'That’s not even sanitary'
ALSO READ: ‘Gujarat’s prison has better education than.…’: Netizens react after prisoners in Surat jail pass GSEB 12th exam In the video, the woman is seen dipping a mop into a container of sauce before basting the meat on the grill. Sharing the video on Instagram, Chef Matt Cooper wrote, "“This is a true BBQ “Mop Sauce" DISCLAIMER: I know there are going to be comments saying “That’s not food safe" or “Lint is coming off the mop & going into the food". That is not the case.
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