Food Financial News

Maldives, the government said on Friday, even as ties between Male and New Delhi remained tense amid rising Chinese influence. India, a leading exporter of rice, sugar and onions, has imposed various curbs on exports of these food commodities to keep a lid on local prices ahead of general election. Shipments of these commodities in the 2024/25 finiancial year which started on April 1 to Maldives «will be exempted from any existing or future restriction/prohibition on export,» the government said in a notification.

Future Consumer Ltd.(up 5.27%), Umang Dairies Ltd.(up 3.70%), Marico Ltd.(up 3.67%), Godrej Consumer Products Ltd.(up 2.77%), Jyothy Labs Ltd.(up 1.99%), Hindustan Foods Ltd.(up 1.72%), Dangee Dums Ltd.(up 1.64%), Parag Milk Foods Ltd.(up 1.23%), Prataap Snacks Ltd.(up 1.01%) and Colgate-Palmolive(India)Ltd.(up 0.83%) stood among the top gainers.

Shaktikanta Das on Friday called inflation the elephant in the room and said that the animal seems to be returning to the forest, hinting at inflation reaching the favourable target of 4 per cent. The governor said, «The elephant in the room was CPI inflation. The elephant has now gone out for a walk and appears to be returning to forest.» The remark from the governor came while he was announcing the decisions of the first bimonthly Monetary Policy Committee (MPC) meeting of FY25.

Rajasthan, and Bihar and set a target of seven-fold jump in procurement to 50 lakh tonnes in the ongoing 2024-25 marketing year. Further, even as the ban on outbound shipments of wheat continues, «it will be a dream for us to export now», Food Secretary Sanjeev Chopra told reporters on Thursday. "UP, Bihar, and Rajasthan have been contributing much less than they could have. We are targeting total wheat procurement of 310 lakh tonne this year. Of which, we are hoping to procure at least 50 lakh tonne from three non-traditional procurement states alone," he said. While Uttar Pradesh, Rajasthan, and Bihar put together contributed only 6.7 lakh tonnes to the central pool during the 2023-24 marketing year (April-March), the Union Food Ministry has decided to procure 16 per cent of the total wheat procurement target of 310 lakh tonne set for 2024-25.

California school districts are preparing for the impacts of a new minimum wage for fast food workers

The maker of a drug for Lou Gehrig’s disease that recently failed in a study says it will pull the medicine from the U.S. market

Stocks that traded heavily or had substantial price changes on Thursday: Levi Strauss, Conagra Brands rise; Lamb Weston, RPM International fall

Mrunal Thakur! The actress experienced a huge uptick in popularity after she delivered two critical and commercial hits in Tollywood — ‘Sita Ramam’ and ‘Hi Nana’. Despite basking in her newfound stardom, the diva refuses to be extravagant. In an interview with Galatta Plus, the actress said that she finds it pointless to spend a fortune on clothes as most of the time celebs don't repeat dresses. “You are not going to wear them again,” she said. When asked about the clothes she was wearing in the interview, the ‘Lust Stories 2’ actress revealed they had been borrowed. “These are not my clothes, I have just sourced them. The maximum money I have spent on a top is Rs 2000. That also I feel is too much,” she stated. “ Because whatever is expensive, you cannot wear them over and over again. Yes, having a classic statement collection in your wardrobe is good but wearing a brand for the heck of it is a waste of money. I would rather invest that money in food, in some plants, a house, or a land where I can do farming,” she said.

Former Fosters Freeze assistant general manager Monica Navarro reacts to the sudden closure and how others are responding on 'The Bottom Line.' 

wheat procurement from Bihar, Rajasthan and Uttar Pradesh, taking it up to 50 LMT in Rabi Marketing Season (RMS) 2024-25 from last season's 6.5 LMT, said a senior official in the food ministry adding that this will help the government in meeting its procurement target of 310 LMT and restoring the allocation of wheat in various food security programmes. The government which currently sells 75,000 tonnes of atta and rice under its own private label — Bharat Brand — during a weak, is planning to double this in the next fortnight. It has sold 7.06 LMT of wheat and 3.1 LMT of rice under Bharat brand until now. These states (Bihar, UP, Rajasthan) have the potential for production but procurement has been less than expected, the official said, adding that several rounds of meetings have been conducted with food secretaries of these states to help with the target. The government will also make payments to the farmers within 48 hours of procurement.

ALSO READ: IPL 2024: Pace sensation Mayank Yadav gets a golden tip from Ishant Sharma — 'Never compromise on speed..' "Mayank has just turned vegetarian. Earlier, he used to eat non-veg food. He has been eating vegetarian food for the last 2 years.

Just a week before the Bank of Canada decides on interest rates new evidence has some economists questioning their forecasts on the first cut — and this time it comes from the central bank itself.

vegetarian meal platehas become more expensive backed by the surge in the price of onion, tomato and potato. The cost of the representative home-cooked veg plate rose 7% in March against the same month last year, while that of the non-veg plate declined 7%, as per CRISIL Market Intelligence and Analytics report. Compared to last month, however, the cost of the veg plate declined 1% and non-veg food plate rose 2%., due to higher demand amid Ramadan.

₹15 per share. The company board also fixed a record date for the Mishtann Foods rights issue on 20th March 2024. So, those who held Mishtann Foods shares on 20th March after the market close are eligible to participate in this right offer of Mishtann Foods Ltd.

On the BSE, Shanti Spintex(down 10.37 per cent), Achyut Healthcare(down 9.69 per cent), Rita Finance and Lea(down 8.04 per cent), Jayatma Industries(down 6.44 per cent) and Atharv Enterpr(down 6.08 per cent) were among the stocks that plunged over 5 per cent during the session.

₹931.50. In the past 1 day, the Mentha oil rate on MCX has decline 0.18% from ₹938.00 to ₹931.50.Mentha oil is an essential oil obtained from a mint plant and India is one of the leading producers and exporters of mentha oil. Mentha oil is used in food, pharma, soaps, and other skincare/personal care products.

bandages from some reputable brands including Band-Aid and CVS Health contain dangerous levels of forever chemical ‘organic fluorine’ — a strong indicator that consists of per- and poly-fluoroalkyl substances and also known as PFAS. These substances have been linked to many negative health effects, such as decreased immune system performance and vaccine response, infant and child learning and developmental issues, certain cancers, decreased fertility, endocrine disruption, and other effects.

Little Rhody Farms owner Eli Berkowitz says egg farmers are concerned that the bird flu 'hasn't gone away.'

sugar consumption. The harmful link between disease and dietary sugar was recently outlined in a comprehensive assessment of published studies. Recognising this link between widely consumed food and disease is essential in marshalling forces to change harmful outcomes. These include coronary heart disease, obesity, type 2 diabetes, tooth decay and some cancers. For over a decade, my research has focused on the mechanisms by which fructose intake plays into disease. A growing number of African countries have joined the worldwide efforts to reduce sugar intake. For instance, in an attempt to address obesity, diabetes and other non-communicable diseases, South Africa introduced a tax on sugar-sweetened drinks in 2018.

LG refrigerators also boast world-class cooling techniques that contribute to their exceptional performance. Advanced cooling systems, such as multi-airflow and frost-free technologies, ensure even distribution of cold air and prevent frost buildup, keeping food items fresh and free from freezer burn. Additionally, LG's innovative cooling techniques help reduce energy consumption, making their refrigerators environmentally friendly and cost-effective. As the heart of LG refrigerators lies in their superior compressor technology, they have also upgraded themselves from the best-selling single doors, and double doors to multi-door refrigerators. To have a closer look, we have a well-curated list of the best-selling LG refrigerators in India in 2024 below.

Inflation has fallen again in Europe, to 2.4% in March