Food Financial News
27.03 / 11:39
markets
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Enterprise
Food
wellness
Updates
Stock market update: FMCG stocks down as market rises
Zydus Wellness Ltd.(up 4.49%), Prataap Snacks Ltd.(up 4.26%), Emami Ltd.(up 3.65%), LT Foods Ltd.(up 3.29%), Parag Milk Foods Ltd.(up 2.13%), Adani Wilmar Ltd.(up 2.07%), ADF Foods Ltd.(up 1.77%), Varun Beverages Ltd.(up 1.60%), Gillette India Ltd.(up 1.54%) and Jyothy Labs Ltd.(up 1.47%) stood among the top gainers.
27.03 / 10:37
markets
Reuters
Southern
Food
Investigations
International
Sporting
Bureau of Indian Standards seizes products from Amazon, Flipkart warehouses as crackdown intensifies
Amazon and Flipkart this month, seizing items that did not meet quality control standards, as it increased its scrutiny of the two firms. Last week, the Bureau of Indian Standards conducted similar searches at the companies' warehouses in the southern state of Tamil Nadu, saying they stored, sold, and exhibited items that did not have a required standards label. Amazon and Walmart-owned Flipkart have said they comply with local laws. They did not immediately respond to Reuters' requests for comment on the Delhi raids.
27.03 / 02:53
UPS
Charity
Food
Celebrity
country
gatherings
Eid al-Fitr 2025: Check date of Eid in US, UK, UAE, Kuwait, Qatar and other regions here
Ramadan, marked by fasting, prayers and acts of charity is a period of seeking forgiveness and taking time to reflect. The day begins with getting up before sunrise, morning prayers, and eating a pre-dawn meal called sehri while in the evening, the fast is concluded with an evening meal called Iftar which often comprises dates, fruits and other food items. Eid al-Fitr this year will be celebrated on either Sunday, March 30, or Monday, March 31, depending on the sighting of the moon in different parts of the world. On this special day, Muslims gather for prayers, visit family and friends, exchange gifts, give to those in need, and enjoy festive meals together. As the Islamic calendar follows the lunar cycle, significant dates shift forward by approximately 11 days each year. The sighting of the crescent moon marks the end of Ramadan and the beginning of Eid celebrations.
27.03 / 01:55
27.03 / 00:19
Target
WhatsApp
Food
War
BofA lowers its ratings on Swiggy and Zomato
Zomato and Swiggy, and cut their target prices citing expectations of rising losses in the quick commerce business over the next 12-15 months and slowing growth in margins in the food delivery unit. The brokerage has downgraded Zomato from 'Buy' to 'Neutral', and cut its price target to ₹250 per share, and Swiggy to 'Underperform' from 'Buy' with price target slashed to ₹325.
26.03 / 17:59
Provident
FIVE
security
Analysis
Food
show
information
Sonia Gandhi alleges government’s maternity benefits underfunded, not being disbursed efficiently
Sonia Gandhi stated in the Rajya Sabha on Wednesday that the Pradhan Mantri Matru Vandana Yojana is “severely underfunded” and is not being disbursed to the entitled pregnant women. She demanded that the funds be increased and disbursed more efficiently to the intended beneficiaries. Raising the matter during Zero Hour, Gandhi said, “The non-fulfilment of maternity entitlements under the National Food Security Act, 2013, and the Pradhan Mantri Matru Vandana Yojana is a pressing concern. The National Food Security Act was passed by Parliament in September 2013 under the leadership of Dr.
26.03 / 17:25
Provident
Election
awards
Food
country
information
Courts
16 lakh meals served in trains daily: Railway minister informs Lok Sabha
Indian Railways' network with an endeavour to ensure smooth and uninterrupted services, Railway Minister Ashwini Vaishnaw said in a written reply in the Lok Sabha on Wednesday. Vaishnaw responded to questions raised by parliamentarians on complaints filed by MPs, MLAs, ministers and public representatives against corruption in the award of contracts for base kitchens by the Indian Railway Catering and Tourism Corporation Limited (IRCTC) and issues related to that. «On an average, 16 lakh meals are served per day on the Indian Railways' network. It is the endeavour of Indian Railways to ensure smooth and uninterrupted services of such a large volume of meals to passengers. Further, necessary measures are put in place from time to time to improve overall services to passengers,» Railway Minister said. He added that with the objective to bring improvement in the quality and hygiene of food in trains, the Railway Ministry issued instructions for the stipulation of supply of meals in trains only from designated base kitchens.
26.03 / 16:53
markets
Food
Trade
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electronic
reports
Pharmaceuticals
India seeks easier export rules as US pushes for lower tariffs
Subscribe to enjoy similar stories. India-US trade discussions that kicked off on Wednesday focused on reducing India's tariff levels on goods imported from the US to the same levels as what US levies on such imports from India, two people aware of the talks said. The effort aims to avert US reciprocal tariffs that US president Donald Trump has promised to roll out on 2 April.
26.03 / 15:39
Action
security
Food
Bill
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information
Deceiving farmers is for nobody's good: FM Nirmala Sitharaman in Rajya Sabha
Nirmala Sitharaman on Wednesday said deceiving farmers cannot do good to anybody as she attacked the Congress on their farm loan waiver scheme, alleging that their promises left the farmers in lurch. During her reply in Rajya Sabha on The Banking Laws (Amendment), 2024 Bill, the finance minister took a cue from BRS member Ravi Chandra Vaddiraju's statement in Telugu during the discussion where he referred to Congress loan waiver scheme for farmers. Sitharaman said Congress announced «Rina maafi» (loan waiver), but in reality… half the farmers were left without loan waiver, the banks had put their name on record thereby making them also ineligible for new loans. «I would want to highlight the fact that deceiving the farmers is for nobody's good. If you really want to help the farmers, here is Prime Minister Modi putting Rs 2,000 every time, annually, 6,000 rupees into their account through the transparent DBT (Direct Benefit Transfer). It helps the small farmers. Show it in action,» she asserted. Sitharaman said Congress policies have been limited to paper without any action on ground and if there was any action then it was riddled with corruption. «I want to highlight like the way they speak about food security, MGNREGA and the rural areas, all schemes brought by them (but) none of which were effectively implemented. When Prime Minister Modi implements them, without corruption, without malpractice and without any kind of wrongdoing. They will say, oh that was our scheme. Yes, it was your scheme, but you kept it in the paper, or you mismanaged,» the minister said.
26.03 / 15:39
26.03 / 13:51
markets
CEO
Tesla
Food
trends
reports
Beloved US restaurant shuts 130 stores in tragic decline amid bankruptcy and slump in sales: 10 points
TGI Fridays has shut down nearly 130 stores in the United States in the last several months. This development comes as TGI Fridays faces ongoing bankruptcy proceedings as slumping sales and shifting trends have hit many casual dining-style chain restaurants hard. TGI Fridays shut down 130 stores in tragic decline: 10 points -TGI Fridays is slated for mass shutdowns for the year 2025. TGI Fridays, once known for its flair-laden servers, endless appetizers and festive atmosphere has closed a total of over 130 stores this year, since filing for Chapter 11 bankruptcy in November 2024. ALSO READ: US recession storm may be brewing. Deutsche markets survey pushes the possibility towards 50% -According to The Mirror, the most recent spate of closures took place in New York, New Hampshire, Maryland, Massachusetts, and Ohio with signs on locked doors citing the “difficult decision” to close.
26.03 / 12:41
Citi
Manufacturing
Food
electronic
information
Chhattisgarh gets Rs 3,700 crore investment proposals at Bengaluru meet
Britannia, Kaynes Energy and Gokaldas Exports have committed to invest Rs 3,700 crore in the state during an investor connect meeting held in Bengaluru on Wednesday. The proposals have come from companies in sectors such as engineering, textiles, electronics, IT/ITeS, food processing and green fuel, state officials said. The state government also signed memorandums of understanding with Nasscom, India Electronics and Semiconductor Association and TiE Bangalore to explore investment opportunities and generate employment in information technology, startup and semiconductor sectors in the state, they said.
26.03 / 11:13
COST
Strategy
economy
Enterprise
Food
Universities
performer
Arun Maira: When will modern economies learn to value human beings?
Subscribe to enjoy similar stories. Accounting conventions require that capital is accounted for in the balance sheet of the enterprise, and expenditures and incomes in the profit-and-loss account. This is universal for all corporate enterprises, be they business ventures, government agencies or ‘non-profit’ organizations.
26.03 / 10:39
WhatsApp
Food
Trade
AGRO
Sensex falls! But these stocks gained over 10% on BSE
These high-performing stocks that rallied more than 10% during the session included, Genus Paper Boards(13.28%), Looks Health Services(12.68%), India Finsec(10.32%) and Pil Italica Lifestyle(10.03%).
26.03 / 10:31
markets
Food
Trade
Fishing
prevention
Russia gets US to agree to help lift curbs on food, fertiliser and shipping
maritime security deal in the Black Sea. Diplomats told Reuters that most of the curbs listed by the Kremlin related to European Union sanctions and restrictions. What was agreed — and what still needs to happen for the deal to enter force? WHAT DOES RUSSIA SAY IT WILL GET? * The lifting of restrictions on state agricultural bank Rosselkhozbank «and other financial organizations involved in ensuring international trade in food (including fish products) and fertilisers, their connection to SWIFT, and the opening of necessary correspondent accounts».
26.03 / 09:41
Citi
Waters
Food
DISH
social
testing
prevention
How diabetic chefs thrive in the kitchen
Subscribe to enjoy similar stories. Starting his day at 8.30am, chef Harsh Kedia, popularly known in the social media world as ‘A Diabetic Chef’, immediately checks his blood sugar before enjoying a healthy breakfast, usually comprising oats or eggs. “Managing my diabetes is about balance.
26.03 / 09:09
UPS
Aware
Analysis
Food
Research
show
country
Why a ‘health tax’ alone may not solve India’s junk food crisis
Subscribe to enjoy similar stories. The growing consumption of ultra-processed food and aggressive marketing techniques by brands, such as pushing them to shelves labelled as healthy, have caught the government's eye. The Economic Survey 2024-25 highlighted the issue and suggested several corrective steps from awareness campaigns and stricter labelling to a ‘health tax’ to curb the excessive consumption of ultra-processed food.
26.03 / 05:09
IPO
Target
security
Food
Trade
performer
reports
Zomato shares drop 5% after BofA downgrades stock to ‘neutral,’ cuts target price to Rs 250.
Zomato shares faced pressure in today’s trade, dropping 5% to an intraday low of Rs 199.90 on the BSE after global brokerage BofA Securities downgraded the stock and cut its price target, citing profitability concerns in the quick commerce and food delivery segments. According to a report by CNBC-TV18, which cited BofA’s latest note, the brokerage downgraded Zomato to «neutral» from its previous «buy» rating and reduced the price target to Rs 250 from Rs 300.
26.03 / 04:51
markets
Food
Healthcare
Trade
AGRO
Updates
International
Stock market update: FMCG stocks down as market falls
Marico Ltd.(up 1.81%), Nakoda Group Of Industries Ltd.(up 1.72%), Sheetal Cool Products Ltd.(up 1.29%), Nakoda Group Of Industries Ltd.(up 1.27%), Hatsun Agro Products Ltd.(up 0.98%), Bikaji Foods International Ltd.(up 0.93%), Heritage Foods Ltd.(up 0.89%), LT Foods Ltd.(up 0.54%), JHS Svendgaard Laboratories Ltd.(up 0.49%) and Procter & Gamble Hygiene & Healthcare Ltd.(up 0.46%) were among the top gainers.
26.03 / 04:51
UPS
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Food
Trade
Sensex rises! These stocks are up over 15% on BSE
Gopala Poly(up 19.99%), Redex Protech(up 19.98%) and Infronic Sys(up 18.72%) were among the stocks that surged over 15%.
26.03 / 04:51
UPS
Enterprise
WhatsApp
Food
Trade
Sensex falls! These stocks are down 5% or more on BSE
On the BSE, Shivansh Finserve(down 19.96 per cent), Looks Health Services(down 12.05 per cent), Arcee Ind(down 9.90 per cent), Kesoram Inds.(down 9.56 per cent) and Mewat Zinc(down 9.18 per cent) were among the stocks that plunged over 5 per cent during the session.
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