Food Financial News

28.04 / 06:55
Provident DNA Food wellness Everest Fishing stage NOT 'We do not use ethylene oxide': MDH refutes cancer-causing pesticide allegations by Hong Kong, Singapore
Also Read | India seeks 'root cause of rejection' from Singapore, Hong Kong over ban on Everest, MDH masala The CFS issued a warning against the sale and purchase of MDH's Madras Curry Powder and Sambhar Masala, as well as Everest's Fish Curry Masala. In response, MDH stated, "We have not been approached by food safety authorities in either Hong Kong or Singapore about these findings." Also Read | Do MDH, Everest masala cause cancer? Why have Hong Kong, Singapore banned some Indian spices? Explained MDH reassured consumers, stating, "We do not use ethylene oxide at any stage of our spice production.
28.04 / 01:11
UPS Digital Platform Deloitte Food country Schools Stepping up to beat the heat: India Inc lines up cool work plans forstaff this summer
flexible work practices for white-collar workers, especially those in sales and field-related work, as rising summer heat poses health risks and threatens to sap efficiency. India is notorious for its scorching summers. Its weather office has warned that 2024 could be the country's hottest year on record.
27.04 / 18:49
Food pandemic Virus Sky News outbreak reports testing Department Bird Flu in US: Amid rising H5N1 cases in cattle, why isn't UK testing cows?
Department for Environment, Food and Rural Affairs (DEFRA), an administrative body related to cases like a bird flu outbreak, has recently mentioned that the reports of the H5N1 virus are very low in UK-based cattle and, therefore, they are not necessarily at risk, according to a Sky News report.
27.04 / 16:37
UPS Citi Waters Food travelers medicines Hurricane, Cyclone alert: Which US city faces major threat from hurricanes?
Key West in Monroe County and hundred other islands, all near the Florida coast. While the pristine beaches, good sunny weather and relaxing getaways are surely an attraction, there is something else to plan ahead, when you take that holiday next time. According to data from the US National Oceanic and Atmospheric Administration (NOAA), 117 cyclones have passed this region in the last 200 years or so.
27.04 / 16:37
Assurant Food Everest Fishing stage reports testing MDH says its products are safe; rejects pesticide allegations
spice brand, on Saturday assured consumers that its products are 100 per cent safe and rejected the allegations of the presence of certain pesticides in some products by Hong Kong and Singapore food regulators. Earlier this month, Hong Kong's Center for Food Safety (CFS) said that samples of several kinds of pre-packaged spice-mix products of two Indian brands MDH and Everest were found to contain a pesticide ethylene oxide. The CFS asked consumers not to buy and traders not to sell MDH's Madras Curry Powder (spice blend for Madras curry), Everest Fish Curry Masala, MDH Sambhar Masala Mixed Masala Powder, and MDH Curry Powder Mixed Masala Powder. In a statement, MDH said it has not received any communications from Hong Kong and Singapore food safety regulators.
27.04 / 14:39
markets UPS Aware Action Food Nestle Courts FMCG companies: Buyers aware, sellers beware
FMCG companies navigate the inflation challenge, innovate to stay ahead of the competition and adopt an omni-channel approach to reach more buyers, they have a looming risk which they need to address. Increasingly, FMCG products are coming under buyer and regulatory scrutiny. Recently, Nestle India's shares plummeted by up to 5.4%, reaching a day’s low of Rs 2,409.55 on the BSE. This significant drop followed the revelation that the multinational FMCG giant adds sugar to baby food products sold in India, a practice not followed in Europe and the UK. This is the second time in the last nine years that Nestle India has come under the spotlight for quality issues. In 2015, its instant noodles brand Maggi was under the scanner after excess lead and MSG were found in some samples collected from Uttar Pradesh. While stock meltdown and regulatory action are short-term risks, losing consumer trust is a long-term and bigger risk for an FMCG company. Laterly, a number of cases have come up where individuals and governments have brought FMCG products under the spotlight. What a spate of incidents tells
27.04 / 13:43
Election Food President cover social reports shock All the disinformation that’s fit to print
We sometimes lose sight of how downright weird so much news reporting has become. Imagine you’re the New York Times. Donald Trump might return to the presidency so you report, as the paper did on April 12, on the “distrust" that exists between him and the U.S.
27.04 / 10:57
Food students hospital reports testing rights 18 people hospitalised after eating Lucknow biryani, condition of 8 serious
people's health. Several restaurants and caterers are seen preparing food without following safety and hygiene protocols. In another incident from Uttar Pradesh, around 70 people were hospitalised after eating food at a wedding function.
27.04 / 07:09
markets Food stage reports Department prevention Food prices to ease post-June as above normal monsoon predicted in India
food prices to come down after rains, as the India Metrological Department (IMD) has predicted above-normal monsoon, the Ministry of Finance said in its recent monthly economic review. The report said that above normal rainfall will lead to higher production of crops. «Further easing of food prices is on the anvil as IMD has predicted above-normal rainfall during the monsoon season, which is likely to lead to higher production, assuming good spatial and temporal distribution of the rainfall,» the March 2024, monthly economic review of the finance ministry said.
27.04 / 06:57
Waters ICE Food travelers Gin enters salads, pastas and desserts
GIN & TONIC LEMON TART Recipe by sous chef Mozanne Karbhari, ITC Grand Central, Mumbai Makes 15 Ingredients For the pastry crust 300g flour 100g butter 160g icing sugar 2 eggs One and a half tbsp chilled tonic water For the lemon curd filling 200g sugar 200g butter Juice of 4 lemons 12 egg yolks 3 tbsp gin Topping 3 tsp candied lemon zest, chopped Method Make the pastry by creaming the butter and sugar until light and fluffy. Add the eggs and tonic water gradually together until fully incorporated. Add the flour and mix to make a smooth dough.
27.04 / 06:41
Reuters Aware Food Everest information reports gatherings US food regulator gathering information on Indian spices after alleged contamination in MDH and Everest
U.S. Food and Drug Administration (FDA) is gathering information on products of Indian spice makers MDH and Everest after Hong Kong halted sales of some of their products for allegedly containing high levels of a cancer-causing pesticide. «The FDA is aware of the reports and is gathering additional information about the situation,» an FDA spokesperson told Reuters on Friday. Hong Kong this month suspended sales of three MDH spice blends and an Everest spice mix for fish curries. Singapore ordered a recall of the Everest spice mix, saying it contains high levels of ethylene oxide, which is unfit for human consumption and a cancer risk with long exposure.
27.04 / 06:41
Provident security Election Food Justice country cover "This state has fallen to terrorists, goons": Dilip Ghosh after arms recovery in Sandeshkhali
TMC leader Hafizul Khan, by a joint team of the CBI and the Bomb Squad of the elite National Security Guard (NSG) from the Sarberia area of Sandeshkhali, BJP leader Dilip Ghosh said on Saturday the state has turned into a «safe haven for terrorists». Hafizul, it turns out, is an aide of expelled TMC strongman Sheikh Shahjahan, the alleged mastermind of the attack on an ED team in Sandeshkhali while it was raiding his house in connection with the ration 'scam' and a key accused in the 'excesses' on women and land grab in the island. Speaking to media persons on Saturday, Ghosh, the BJP's Lok Sabha nominee from the Purba Bardhaman constituency, said the people would rise against the TMC if it tried to hold on to power despite the state falling to the free-run of 'terrorists' and 'goons'.
27.04 / 05:43
markets IPO Tesla WhatsApp Food reports Courts News wrap: Lok Sabha phase 2 polls conclude, Swiggy IPO, EVM-VVPAT case, Q4 result and more
Read more Alphabet Inc. closed decisively above a $2 trillion market capitalization for the first time on Friday. The $2 trillion milestone followed the company’s results, where revenue beat expectations on the strength of its cloud-computing unit.
27.04 / 03:29
COST UPS Food Loblaw reports Interviews Scandals Posters promoting ‘Steal From Loblaws Day’ are circulating. How did we get here?
Posters encouraging people to “Steal From Loblaws” popped up last week across Toronto and have been gaining steam online, drawing mixed reactions from Canadians.
27.04 / 01:35
markets Action Food Everest country testing Updates Mint Explainer: The brouhaha behind India’s masala mixes and their contamination
Singapore Food Agency also directed a recall of a spice mix produced by Everest. In June 2023, the US Food and Drug Administration (FDA) had ordered a recall of spice mixes of Everest and Maggi Masala-ae-Magic as it found those contaminated with Salmonella bacteria. A few years earlier, in September 2019, a batch of MDH’s spice mix had been recalled for the same reason.
26.04 / 19:53
UPS Provident Waters Food Death reports rights Land 'sinking' in J&K's Ramban, 60 houses damaged: 'No power, cracks on roads' | 5 points
30 houses are completely damaged, while 10 more are likely to get affected," Singh said in a post on X. No death was reported in the incident. Meanwhile, former sarpanch Kalasha Devi told ANI, "Yesterday, at around 7 pm, first small cracks were seen on the roads.
26.04 / 18:57
UPS Citi Booking Food Boxing love cover App-based delivery services transforming convenience with 'quick commerce'
app-based delivery services. After we all fell in love with their convenience, they raised the stakes with 'quick commerce'. Suddenly, items are arriving at our doorstep before we've even had a chance to recheck what we ordered. And it's not just food. Delivery services also double as quick couriers, zipping across the city to deliver all kinds of stuff. Clients of app-based services are taking a leaf out of the app book. In Bengaluru, a job-seeker, instead of sending off his CV and cover letter by email — which would have been faster — sent them by Blinkit. Word spread on X like super delivery agents, and it looks like this candidate has bypassed not just email piles but other candidates for thinking outside the box. With the ever-evolving landscape of app-based services, there's no telling what ingenious strategies or revenue streams will emerge next from this resume-delivery case study. Will they tie up with, say, resume services and job portals to create a seamless experience for job seekers?
26.04 / 16:07
markets COST Food Trade show reports Stocks rise following hot March inflation
Stocks rose in early trading and bond yields fell, with the latest inflation report coming roughly in line with Wall Street’s estimates.
26.04 / 15:17
WhatsApp Food BABA information reports Patanjali Foods to evaluate proposal to buy Patanjali Ayurved's non-food business
Patanjali Foods Ltd, which is mainly into edible oils, on Friday said it will evaluate a proposal to acquire the non-food business of promoter group Patanjali Ayurved, led by Baba Ramdev. In a regulatory filing, Patanjali Foods informed that its board has discussed the initial proposal received from Patanjali Ayurved Ltd for a sale of the latter's non-food business undertaking to the company. «The board accorded its in-principle approval for evaluating the most efficient mode of enhancing synergies with Patanjali Ayurved non-food portfolio in any manner on an arm's length basis,» the filing said. The board also authorised officials to carry out due diligence, appoint professionals, negotiate the terms and conditions of the proposal, and report the findings to the Audit Committee and the board for further consideration.
26.04 / 13:25
UPS Election Food Celebrity rights Vibrant voter participation marks Phase 2 of Lok Sabha Polls across India
Lok Sabha elections 2024 witnessed a vibrant display of democratic spirit as people from various walks of life across India turned up in large numbers to cast their votes. From a groom in Maharashtra to families in Rajasthan and Uttar Pradesh, the turnout was a testament to the commitment towards shaping the nation's future through the ballot. In Maharashtra, Akash, a groom from Amravati, exemplified this commitment by leaving his wedding ceremony to vote. His act of prioritizing civic duty over personal celebrations resonated with many voters. The state, recording a 53.51% turnout by 5 pm, also saw unique instances such as restaurants in Bengaluru offering free food to voters and polling booths in Chhattisgarh decorated like 'mandaps' with traditional marriage rituals on display.
26.04 / 13:25
UPS Entertainment Assurant Food Bill travelers International Step into a world of delightful global experiences with HSBC Credit Cards
This pursuit of refinement in every aspect of your credit card experience now takes a turn with the HSBC Credit Card range. With a host of travel privileges, comprehensive entertainment options, and concierge services, HSBC has designed its credit card range to bring a world of tailored indulgences created with you at the centre.

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