Food Financial News

20.02 / 10:33
markets UPS Target Food Research show reports A decade of flip-flops on farmers’ issues despite full-majority government
₹96,703 in 2015-16 to ₹2.71 lakh by 2022-23, targeting a 14.1% compound annual growth rate. However, a National Sample Survey report for 2018-19 showed farmer incomes averaging only ₹1.23 lakh, far from the target.
20.02 / 10:33
ICE Food Bill performer blues stars Features Best mini fridges to chill drinks and save space: Top 10 options to consider
Best mini refrigerators for space-conscious users: Top 10 picks to consider 1. Haier 42 L 5 Star Mini Bar Single Door Refrigerator (HRD-55KS, Black Steel) The Haier 42 L refrigerator is a compact and stylish refrigerator suitable for bachelors. Its capacity is 42 litres, making it ideal for storing essentials.
20.02 / 04:43
Provident FIVE Food reports prevention rights Updates Farmers Protest: Farmers to resume ‘Delhi Chalo’ march on February 21| 5 updates
Delhi Chalo' march planned for February 21, farmer leader Sarwan Singh Pandher on Monday criticized the government, stating that it is preventing farmers from entering Delhi. Here are the top five updates related to the farmer's protest: 1. As reported by ANI, farmer leader Sarwan Singh Pandher emphasized that farmers should be permitted to proceed with their march on Wednesday.
19.02 / 17:07
markets COST security Food Research show International Farmers’ battle for MSP law. Is it a fair ask?
₹10 trillion and ₹15 trillion would be needed, some estimates have suggested. That would be comparable to the government’s capital expenditure outlay for 2024-25 of ₹11.11 trillion. However, a recent note by Crisil Research, a ratings agency, stated that if the government implemented a wider MSP policy in 2022-23, it would have needed a working capital of ₹6 trillion.
19.02 / 13:50
Progressive Manufacturing Entertainment economy Food hospital Destinations Uttar Pradesh Global Investors' Summit: PM Modi launches projects worth ₹10 trillion
₹10 trillion. This projects, announced at the Uttar Pradesh Global Investors Summit in Lucknow, spans a variety of sectors including manufacturing, renewable energy, IT & ITeS, food processing, housing, real estate, hospitality, entertainment, and education.
19.02 / 13:41
Election Food show social reports patient symptoms FDA expands use of asthma drug Xolair to treat severe food allergies
A medication used to treat asthma can now be used to help people with food allergies avoid severe reactions
19.02 / 13:39
UPS Digital Platform coinbase Food Trade DoorDash, Treehouse Foods fall; Trade Desk, Toast rise, Friday, 2/16/2024
Stocks that traded heavily or had substantial price changes on Friday: DoorDash, Treehouse Foods fall; Trade Desk, Toast rise
19.02 / 13:37
markets UPS Citi Southern Food community California is forging ahead with food waste recycling. But is it too much, too fast?
Two years after California launched an effort to keep organic waste out of landfills, the state is behind on getting food recycling programs up and running
19.02 / 13:37
markets economy Food country shock Nigeria’s currency has fallen to a record low as inflation surges. How did things get so bad?
Nigerians are facing one of the West African nation’s worst economic crises in years
19.02 / 13:21
Cooper Maxim economy Remark Food country rights Govt assisting, encouraging farmers to take agriculture on a new path: PM Modi
Prime Minister Narendra Modi on Monday reiterated his government's commitment to support farmers in exploring new avenues in agriculture. Addressing an event in Lucknow in Uttar Pradesh, the prime minister emphasized the importance of working towards a common goal of having Indian food products on dining tables across the globe. His remarks came amid a protest by a section of farmers over their various demands such as a legal guarantee for minimum support price for crops. «We are assisting and encouraging farmers to take our country's agriculture on a new path,» he said.
19.02 / 13:21
markets Food DAL country reports Onion exporters warn of major shortage in onion supply; price hike from early March
onion supply until it harvests the next kharif crop, said industry representatives. This will mark a reversal from the current scenario with the country facing a glut in supplies of the bulb vegetable and stable prices amid an export ban. The industry representatives warned of a 30% drop in rabi harvest, potentially leading to a spike in onion prices around Ramadan in early March. Erratic monsoons in 2023, which caused deficient rainfall in Maharashtra, Karnataka, and several other states in peninsular India, have impacted production of key staple foods like pulses, sugar, and onions.
19.02 / 10:59
COST UPS Digital Food Nestle wellness performer Consumers Q3 Review: Britannia Industries, Godrej Consumer, Tata Consumer among top picks of Sharekhan
Britannia Industries, Godrej Consumer Products, Tata Consumer Products, Jyothy Labs, Heritage Foods, Mrs. Bectors Food and Varun Beverages are the top picks of Sharekhan post Q3 results The financial performance some companies stood out and Jyothy Laboratories, Radico Khaitan, Varun Beverages and Nestle India were among Leaders for Q3FY2024, as per Sharekhan Laggards for Q3FY2024 howver included Zydus Wellness, Hindustan Unilever and Bajaj Consumer Care as per them. Consumer companies saw impact of weak demand during the quarter impact their volumes and revenue growth while price cuts taken to support volumes further put pressure on topline growth.
19.02 / 09:37
markets Aware Strategy Food Research wellness testing Organic food revamp: India's ₹100 cr strategy to boost quality, affordability
₹100 crore to add about two dozen laboratories for testing organic products as well as upgrade existing labs, two people aware of the development told Mint. The move is aimed at enhancing the quality of organic food available in the domestic market and ensuring better pricing for the country's 4.43 million organic farmers. This comes as a response to the rapid expansion of India's organic food market and the current limited capacity for testing organic products, said one of the persons cited above, who did not wish to be named.
19.02 / 03:11
Manufacturing Entertainment Strategy Food audience hospital PM Modi to lay foundation for Kalki Dham temple, led by expelled Congress leader Acharya Pramod's trust
Narendra Modi is scheduled to visit Uttar Pradesh for a day on Monday. During his visit, he will lay the cornerstone of the Shri Kalki Dham Temple in Sambhal district and deliver a speech to the audience, as stated in an official announcement.
19.02 / 00:49
UPS Platform Strategy Food beautiful electronic Zomato plans for Blinkit to deliver more via ecommerce
Zomato could find itself up against ecommerce marketplaces like Amazon and Flipkart as it explores adding brands across a gamut of new categories to its 10-minute delivery platform, Blinkit. This major push into the fast-growing direct-to-consumer (D2C) space would entail the Gurgaon-based firm building its own supply chain to directly source branded products and manage stock, multiple people aware of the plans told ET. It would deliver these through Blinkit. Zomato, which is scaling up its quick commerce operations, has “had conversations with individual brand owners for various categories to stock up inventory. This is being seen as a potential long-term growth driver,” one of the persons said.
19.02 / 00:49
Provident Target CEO security Pool Food Schools Aroa Venture Partners launches $50 million fund
Aroa Venture Partners, a 2020-founded venture capital firm that invested in companies such as Unacademy, Urban Company and Cred, has launched a new fund with a target corpus of Rs 400 crore (about $50 million). Aroa Opportunities Fund, which registered as a category II alternative investment fund (AIF) with Securities and Exchange Board of India (Sebi) in October 2022, has received in-principle commitments of over Rs 400 crore so far, founder and managing partner Gaurav Gulati told ET in an interaction.
18.02 / 19:25
MET Election Food RAI reports Find a solution before model code of conduct: Farmers to govt
government should accept the demands of farmers before the Model Code of Conduct for the Lok Sabha elections comes into force. Ahead of the fourth round of meeting between farmers' union leaders and the Centre, farmer union leader Dallewal told reporters at the Shambhu border point, «We want to tell the government that it should avoid dilly-dallying. If the government thinks it will continue to hold meetings till the model code is imposed, and then say it cannot do anything as the code is in force… the farmers are not going to return, he said. Punjab Chief Minister Bhagwant Mann was also present at Sunday's meeting. A group of Union ministers, including griculture minister Arjun Munda, food minister Piyush Goyal and Minister of State for Home Affairs Nityanand Rai, held a fresh round of talks with farm leaders on Sunday in Chandigarh over their demands. The two sides had also met on February 8, 12 and 15 but the talks remained inconclusive.
18.02 / 12:47
Provident Action Election Food gatherings Investigations peace "BJP trying to disrupt peace in Sandeshkhali": CM Mamata Banerjee
violence, West Bengal Chief Minister Mamata Banerjee on Sunday alleged that the BJP is trying to disrupt peace in the area and has not taken any action against its leaders. Addressing a public gathering here today, CM Mamata said that her government always takes action in case of any wrong. «We always take action in case of any wrong. First the ED, then the BJP, and then the media. They are trying to disrupt peace there [Sandeshkhali]. If there are any allegations, we will take action, and whatever was taken forcibly will be returned. I have asked the police to take suo motu cognizance. Our block president has been arrested. In Bhangar, Arabul Islam has also been arrested. But what action has the BJP taken against their leaders? Remember, the BJP is anti-Bengali, anti-women, anti-farmer, and anti-dalit,» she said.
18.02 / 12:47
UPS MET Manufacturing Food information gatherings PM Modi in UP on Monday to lay foundation of Kalki Dham Temple
Kalki Dham Temple in Sambhal district and address a gathering there, according to a statement. The temple is being constructed by the Shri Kalki Dham Nirman Trust whose chairman is Acharya Pramod Krishnam, who was expelled by the Congress for «anti-party remarks» days after he had met PM Modi and invited him to lay the foundation stone. The inauguration programme around 10:30 am will be attended by many saints, religious leaders and other dignitaries, said the statement issued on Saturday. Around 1:45 pm, the prime minister will launch 14,000 projects across Uttar Pradesh worth more than Rs 10-lakh crore at the fourth ground breaking ceremony for investment proposals received during the Uttar Pradesh Global Investors Summit 2023 (UPGIS 2023).
18.02 / 07:17
Food Death poverty show country social Chhattisgarh govt declares half-day state mourning on passing away of Acharya Vidhyasagar Maharaj
Acharya Vidyasagar Maharaj breathed his last on Sunday at Chandragiri Teerth in Dongargarh in Chhattisgarh's Rajnandgaon district after undertaking 'sallekhna'. Sallekhna is a Jain religious practice involving voluntary fasting unto death for spiritual purification, a statement from the teerth said. Acharya Vidyasagar Maharaj attained Samadhi through 'Sallekhna' at Chandragiri teerth at 2:35 am, the statement said.
17.02 / 18:09
UPS Election Deloitte Food social If Modi wins, will bold economic reforms follow?
Modi 3.0 would be a reality. “In the full budget in July, our government will present a detailed roadmap for our pursuit of Viksit Bharat,” she said, her emphasis falling precisely on two words — “our government”. This is possibly the first time a finance minister has exuded such confidence in presenting a vote-on-account, saying on record that the same regime would present the full budget after the elections. ALSO READ: Agenda of Modi 3.0: It will be driven by aspirations like $7 trillion GDP by 2027 The question is, if the Narendra Modi government indeed gets installed for the third time in May, and with a resounding mandate, will it embark on bold and pathbreaking economic reforms? Will the new regime be able to navigate the complexities of pending reforms requiring widespread consensus? Will it unveil radical and unexpected economic overhauls in food, fertiliser and petroleum subsidies? Will it, perhaps, discard all income-tax exemptions?

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