Food Financial News

Tax Day 2024 in the US is falling on Monday, on April 15 and several outlets such as Krispy Kreme, GrubHub, Potbelly, Arby's, Dave & Buster's, California Pizza Kitchen, BJ's Restaurant, TGI Fridays, Paris Baguette, Grimaldi's and 'Hooters' are offering discounts and freebies, as per a report in USA Today. Krispy Kreme is offering Original Glazed dozen in sales tax prices to those who purchase one Original Glazed. Hooters are offering free dessert up to $6.99, 10 wings free on buying 10 wings, Dos Equis draft beers and Legendary Margaritas at $4.

If you are looking for best quality chia seeds, then we suggest you go through the article where we have curated a list of the best chia seeds in India. All of these options are available on Amazon, the best website online. Dive into the article, find your pick and place your order using the buying link shared below.

Tamil Nadu BJP president K Annamalai facing DMK leader Ganapathy P Rajkumar and All India Anna Dravida Munnetra Kazhagam AIADMK's Singai Ramachandran. Jharkhand Governor CP Radhakrishnan, who was the BJP candidate from Coimbatore in the past two Lok Sabha elections of 2019 and 2014, had suffered back-to-back defeats. CPI (M) MP PR Natarajan defeated CP Radhakrishnan with a victory margin of 1,79,143 votes. The vote share of CP Radhakrishnan was 31.3 per cent. PR Natarajan got a 45.7 per cent vote share of the total polled votes.

Q: I've heard that it's best for my health to eat a salad before dinner. But if I'm eating vegetables regardless, does the order really matter? A: It's a popular internet health hack: Eat foods in the «right» order — vegetables first, proteins and fats second, carbohydrates last — and you'll significantly reduce your resulting spike in blood sugar, which can therefore reduce cravings, fatigue and health risks like Type 2 diabetes, proponents say.

Samir Arora, founder and fund manager of portfolio management service (PMS) firm Helios Capital Management has often favoured three big investment themes—financials, consumptions and information technology (IT). But now, he is slightly tweaking his bets on these sectors. A bulk of Arora’s own equity investments have been made through Helios’ funds.

Glenmark Pharmaceuticals is recalling 6,528 bottles of a medication used to treat high blood pressure in the American market due to failed dissolution specifications, the US health regulator said. The US-based arm of the Mumbai-headquartered drug firm is recalling the affected lot of Diltiazem Hydrochloride extended-release capsules, the US Food and Drug Administration said in its latest Enforcement Report. The affected lot has been produced in India and is being recalled by New Jersey-based Glenmark Pharmaceuticals Inc for «failed dissolution specifications», the USFDA said. «Out of Specification (OOS) was reported in a test of dissolution at the 12th month time point in long-term stability study,» it noted.

A bird flu outbreak in U.S. dairy cows has spread to more than two dozen herds in eight states

Momofuku, a food and restaurant brand started by chef David Chang, says it won’t defend its trademark on the name “chile crunch” after it sparked an outcry by sending cease-and-desist letters to other businesses using the term

Drug regulators in Europe have found no evidence that popular diabetes and weight-loss drugs like Ozempic and Wegovy are linked to a higher risk of suicidal thoughts or actions

1) About Grill Splendour Services Grill Splendour is a chain of gourmet Bakery and Patisserie spread across Mumbai through 17 retail stores, a centralised production facility, and multiple corporate clients. Out of these 17 retail stores, 5 stores are running under the franchisee model (franchisee owned, and company-operated), and the rest 12 stores are owned by the company.

cocoa prices soaring 140 per cent since the start of the year have caused speculations that chocolate might vanish due to climate change or other crises. But we have been here before. Back in November 2014, I wrote in ET about chocolate companies predicting potential shortfalls of a million tonnes of cocoa by 2020. And four years before, in 2010, Anthony Ward, a UK-based commodity trader briefly cornered the market by acquiring 240,000 tonnes of cocoa, driving up prices to a 33-year high. It got him dubbed ‘Chocfinger’, after the James Bond villain Goldfinger who tried to corner gold. Chocolate’s real problem is that it is particularly vulnerable to market manipulation. Cacao beans only grow in a narrow band along the equator. The main producers, like Ivory Coast and Ghana, have had to deal with climate change and diseases, but the biggest issue is that the production is done by thousands of small farmers who lack leverage over the market. Price rises barely benefit them. This is why the production of cocoa has struggled to take off in India. In 1957, The Times of India reported that cacao imports cost the country ₹seven lakh per annum: “Consequently a few enterprising planters are experimenting on introducing the plant to India.”

Bournvita and other beverages should not be called health drinks because the category isn’t defined in the country’s food laws. “All ecommerce companies/portals are hereby advised to remove drink/beverages including Bournvita from the category of ‘health drinks’ from their sites/portals,” the commerce and industry ministry said in a notification. Cadbury Bournvita, the country’s most popular malted drink, had found itself in a controversy last year after a social media influencer alleged that the drink has high sugar content.

bird flu outbreak in US dairy cows has grown to affect more than two dozen herds in eight states, just weeks after the nation's largest egg producer found the virus in its chickens. Health officials stress that the risk to the public is low and that the US food supply remains safe and stable. “At this time, there continues to be no concern that this circumstance poses a risk to consumer health, or that it affects the safety of the interstate commercial milk supply,” the US Food and Drug Administration said in a statement.

Bournvita from the category of ‘health drinks’, on their portal and platforms. “National Commission for Protection of Child Rights (NCPCR), a statutory body constituted under Section (3) of the Commission of Protection of Child Rights (CPCR) Act, 2005 after its inquiry under Section 14 of CRPC Act 2005 concluded that there is no ‘health drink’ defined under FSS Act 2006, rules and regulations submitted by FSSAI and Mondelez India Food Pvt Ltd,” said a notification from the ministry dated April 10. The advisory follows an inquiry by the NCPCR, which revealed that Bournvita contains sugar levels exceeding the acceptable limits.

Also read: How Nothing CEO Carl Pei is breaking barriers Started in 1924 by brothers Parameshwara Maiya and Ganappayya Maiya as a restaurant called Brahmin Coffee Club, and renamed Mavalli Tiffin Rooms (MTR) in 1951, MTR is a household name for Kannadigas everywhere. While the original restaurant on Lalbagh Road in Bengaluru continues to be a major draw for food enthusiasts of all stripes, the brand is also a multi-million dollar company in the packaged food business. Its basket of 140 products includes ready-to-eat meals, breakfast mixes, traditional spices and masalas and sweets, among others.

coffee industry is witnessing a windfall as robusta coffee bean prices skyrocketed to an unprecedented Rs 10,080 per 50 kg bag as of Friday. This surge marks a historic high since the establishment of coffee estates in the Western Ghats region during the 1860s by the British. Unlike the relatively stable pricing of Arabica coffee, known for its creamy layer in a shot, robusta prices have typically ranged between Rs 2,500 to Rs 3,500 per 50 kg bag for nearly 15 years. The surge in robusta coffee prices has brought relief and joy to coffee growers, especially those with smaller holdings who primarily cultivate robusta due to its lower input costs compared to Arabica. These growers have faced challenges such as erratic rainfall, crop damage by wild animals, and rising input and labor costs over the past decade.

wholesale price index (WPI) after palm oil, whereas sunflower and soybean oils, which are now consumed more, get a lower weightage in the WPI of 2011-12, an anomaly which may lead to erroneous data about inflation. The Solvent Extractors' Association of India (SEA) recently wrote to the Centre, urging it to correct the weightage of different oils in the WPI to reflect the present consumption pattern. The weightage of edible oils in the WPI is 2.64293% under the food articles category. It is based on the consumption and the average price.

California McDonald’s franchisee Scott Rodrick joins ‘Varney & Co.’ to discuss California’s highly controversial $20 minimum wage hike.

inflation fell below 5% for the first time in five months in March, easing to 4.85% compared with 5.09% in the previous month. On the other hand, industrial output rose in February to a four-month high of 5.7%, data released Friday showed. While inflation declined to a 10-month low in March, experts indicate it is unlikely to deter the Reserve Bank of India from lowering rates anytime soon, as it tracks monsoon and other external factors. “We expect the RBI rate cut cycle to start in August at the earliest. This is contingent on the Fed rate cut cycle starting in June or July. In case the Fed rate cut cycle gets delayed due to adverse US inflation prints, the RBI rate cut cycle could also get delayed,” said Gaura Sengupta, India economist at IDFC First Bank.

Pulte Capital CEO Bill Pulte discusses the impact of inflation on the housing industry.

Enforcement Directorate (ED) on Friday said it has attached assets worth more than Rs 150 crore linked to former West Bengal food minister Jyoti Priya Mallick and two others in a PDS ration «scam»-related money laundering case. The other two accused are Mallick's alleged aide Bakibur Rahaman and TMC leader Shankar Adhya. All three have been arrested by the federal agency in the case. The attached assets include 48 immovable properties of different persons and entities including Mallick's house in Salt Lake, Bolpur, several other «benami properties» held in the name of his close associates, two hotels of Rahaman in Kolkata and Bengaluru each, bank balance in various accounts and fixed deposits, the ED said in a statement. It is also found that Mallick allegedly «received» some of these immovable properties worth more than crores of rupees as «gifts» in the name of his family members or close associates.