Food Financial News

BENGALURU : Bengaluru: Multinational companies (MNCs) have been selling stakes in their Indian businesses citing high market valuations to use the proceeds for a host of purposes including debt repayment. Over the last month, Conagra Brands announced the sale of its controlling stake in India’s Agro Tech Foods (ATFL), long-time investor British American Tobacco (BAT) indicated it would sell a partial stake in ITC while Japan's Sumitomo Wiring Systems sold 4.4% stake in Samvardhana Motherson International.

Mahashivratri Fasting Rules: The Mahashivratri festival, dedicated to worship Lord Shiva, is approaching and people are getting ready to celebrate this auspicious Hindu festival. Many individuals are planning to observe a fast, offer prayers to Lord Shiva, and seek his blessings. The festival of Maha Shivratri is celebrated with great enthusiasm and grandeur across the country. This year, Maha Shivratri will be celebrated on March 8, 2024. In this article, we will discuss the fasting rules for those who plan to observe a fast on Mahashivratri.

NEW DELHI : The four nations making up the European Free Trade Association (EFTA) have offered duty-free market access for India’s animal products, fish, processed food and vegetable oils in a trade pact that is expected to be signed next week, two people aware of the matter said. The EFTA nations—Iceland, Liechtenstein, Norway and Switzerland—have also proposed $100 billion of investment in India by their companies over 15 years, which could create about a million jobs, the people said on the condition of anonymity. The two sides began negotiations for a trade treaty in 2008.

India’s ambition to become a developed nation by 2047 depends on the strategic implementation of enabling reforms. While innovative ideas have been proposed for a Viksit Bharat, the primary sector has largely been left out. Despite being home to 18% of the world population with a median age of 28.2 years, we tend to overlook our core strength—i.e., domestic private consumption, which constitutes nearly 61% of GDP—while focusing on export-led growth.

The House has passed a $460 billion package of spending bills that would keep money flowing to key federal agencies through the remainder of the budget year

Sleeper trains are regaining momentum in Europe thanks to travelers who are concerned about climate change and fed up with air travel

Ground cinnamon sold in U.S. discount stores is contaminated with high levels of lead and should be discarded

A wealthy campaign donor of California Gov. Gavin Newsom said his Panera Bread restaurants will comply with a new minimum wage law

says it has detected benzene, a chemical that causes cancer, in several popular, over-the-counter acne products including those from brands like Clearasil, ProActiv, Walmart and Clinique, among others.Valisure, an independent lab whose discovery of benzene in dry shampoo in 2022 prompted the American Food and Drug Administration (FDA) and Health Canada to issue recalls, reported that its “extensive testing” revealed the same carcinogen can form at high levels in benzoyl peroxide products used to treat acne, and that it found it in products from the brands it tested.Health Canada, the World Health Organization and FDA all state benzene can cause cancer.“High levels of benzene were not only detected inside BPO (benzoyl peroxide) products, but also in the air around incubated BPO products,” Valisure’s report stated, “showing that benzene can leak out of some product packages and pose a potential inhalation risk.”The report also stated that benzene can form “over 800 times” the FDA conditionally restricted concentration limit in products and that “the current evidence suggests that this problem applies broadly to BPO products currently on the market.”The lab detected the benzene levels it says raise concerns in 66 benzoyl peroxide-containing acne treatment products incubated at 50 C for 18 days.

The French soccer league is reportedly close to signing a big sponsorship deal with McDonald's for the next three seasons

A wage law in New York City meant to protect food delivery workers is getting backlash from app companies like Uber, GrubHub and DoorDash

A former producer of raw milk cheese has pleaded guilty to charges related to a deadly outbreak of listeria

Poland has seen its most violent protest by farmers and supporters yet as some participants threw stones at police and tried to push through barriers around parliament

Zomato through bulk deals on Wednesday, March 6, according to data available on BSE. Antfin offloaded a total of 176.4 million shares of the company within the price range of ₹160.11 to ₹160.40 per share. The Chinese company held a 6.32% stake in the quick commerce services provider, as of December 2023.

24/7 monitoring system for the Maldivian waters this month to ensure control of its Exclusive Economic Zone (EEZ) despite its significantly large area. Speaking at a ceremony at one of the islands that he was visiting on Monday, Muizzu said, the Maldives Ministry of Defence is making efforts to obtain the facilities required for conducting the hydrographic surveys by the country itself. “This will allow Maldives to conduct the underwater surveys of the country by ourselves.

BSE that day, a Friday, to close at ₹793.05. By the next Friday, the stock had crashed more than 11%. It closed at ₹769.90 on 6 March.

Chef Ranveer Brar's latest creation has set the internet abuzz. Dubbed as 'opulent' by some, the 'KashKan Daal' served at his Dubai-based restaurant has caught the attention of food enthusiasts worldwide. What sets this dish apart is not just its rich blend of spices but the infusion of 24-carat gold dust, elevating the dining experience to unprecedented heights.

Johnny Roger’s owner Barrett Dabbs details how inflation is hurting his Concord, North Carolina barbecue and burger joint on ‘Varney & Co.’

Shares of Kotak Mahindra Bank Ltd.(up 2.57 per cent), Axis Bank Ltd.(up 2.2 per cent), Bank of Baroda(up 1.61 per cent), Federal Bank Ltd.(up 1.33 per cent) and ICICI Bank Ltd.(up 0.84 per cent) ended the day as top gainers in the pack.

Nakoda Group Of Industries Ltd.(up 19.98%), Varun Beverages Ltd.(up 3.94%), Euro India Fresh Foods Ltd.(up 2.02%), Bikaji Foods International Ltd.(up 1.86%), Tata Consumer Products Ltd.(up 1.63%), Tasty Bite Eatables Ltd.(up 1.25%), Britannia Industries Ltd.(up 1.15%), Hatsun Agro Products Ltd.(up 0.59%), Mrs. Bectors Food Specialities Ltd.(up 0.50%) and Colgate-Palmolive(India)Ltd.(up 0.47%) stood among the top gainers.

Benchmark NSE Nifty closed 117.75 points up at 22474.05 amid buying in frontline bluechip counters.