Food Financial News

Subscribe to enjoy similar stories. Ever stared at a stubborn pimple in the mirror, wondering, “Why me?" While genetics and hormones play a role, your diet might be a culprit too. That creamy latte, protein shake, or sugary treat could be fuelling your breakouts.

Goli Soda is witnessing strong consumer response in key international markets, including the US, UK, Europe, and the Gulf, driven by strategic expansion and innovative reinvention, an official statement said on Sunday. Under a strategic partnership with Fair Exports, India has ensured steady deliveries of Goli Soda, rebranded as Goli Pop Soda, to Lulu Hypermarket, one of the largest retail chains in the Gulf region, the commerce ministry's arm Agricultural and Processed Food Products Export Development Authority (APEDA) said. «This iconic beverage, once a household staple, is making a remarkable comeback on the global stage, driven by its innovative reinvention and strategic international expansion,» it said, adding the product has already made strong inroads in global markets, with successful trial shipments to the USA, UK, Europe, and Gulf countries. The revival of this beverage, which had nearly disappeared due to the dominance of multinational beverage companies, marks a significant milestone in India's efforts to promote and export authentic, homegrown food and beverage products in the global markets, it said.

Rajput's mother also demanded that they want to see their granddaughter and raise her, fearing for the child's safety. «I want justice, I want to give the death penalty to the culprits. I would like to appeal to PM Modi and CM Yogi (Adityanath) that a thorough investigation should be held in the case and justice should prevail. Whether the investigation happens through crime branch or CBI. I want to know each and everything, the reason behind the murder. What they talked about, why the fight happened, I want the solution to everything,» Rajput's mother told on Saturday. Saurabh Rajput was working in the merchant navy and was allegedly murdered by his wife and her partner Sahil on March 4. His body had been cut up and hidden in a drum, covering it with cement. Reportedly, Muskan's father, Pramod, played a crucial role in cracking the case. While taking Muskan to the police station, Pramod stopped the scooter and urged her to tell the truth. Muskan then confessed to the crime, revealing that she and her friend had killed Saurabh Rajput together.

Ravneet Singh Bittu on Saturday said the Ministry of Food Processing Industries will provide financial support for the establishment of 100 new NABL-accredited food testing laboratories across India in the 2025-26 financial year. Bittu, who inaugurated a food testing laboratory at Maharaja Ranjit Singh Punjab Technical University in Bathinda district, highlighted the critical role of food testing in ensuring food safety. «Food testing is vital for ensuring that food products meet safety standards and are free from harmful contaminants and pathogens,» Bittu said in a statement. The initiative is part of the government's broader plan under the Pradhan Mantri Kisan Sampada Yojana (PMKSY), which has allocated Rs 503.47 crore for 205 laboratory projects. Of these, 169 projects have already been completed, with Rs 349.21 crore disbursed. These labs play a crucial role in meeting the requirements of major regulatory bodies such as the Food Safety and Standards Authority of India (FSSAI), the Export Inspection Council of India (EIC), the Agricultural and Processed Food Products Export Development Authority (APEDA), and international agencies like the USFDA and EU regulations. Farmers and producers in sectors such as citrus fruits, green peas, cauliflower, carrots (both fresh and frozen), milk and milk products, basmati rice, wheat, millets like bajra and sorghum, mustard and sunflower oilseeds, and farm-produced shrimp will benefit from these state-of-the-art facilities, said Bittu, who is the Minister of State for Railways and Food Processing Industries.

Production-Linked Incentive (PLI) schemes for ten sectors, including electronics and pharma, since the launch of the support measure to boost domestic manufacturing, an official statement said on Saturday. In 2021, the government announced Production-Linked Incentive (PLI) schemes for 14 sectors like telecommunication, white goods, textiles, manufacturing of medical devices, automobiles, speciality steel, food products, high-efficiency solar PV modules, advanced chemistry cell batteries, drones, and pharma, with an outlay of Rs 1.97 lakh crore. «The incentive amount of around Rs 14,020 crore disbursed under PLI schemes for 10 sectors,» the commerce and industry ministry said.

Jammu and Kashmir government is working for proper rehabilitation of the victims of a major fire that gutted 40 residential houses in Anantnag district, social welfare minister Sakina Itoo assured the legislative assembly here on Saturday. The minister, who led a four-member team of legislators to visit the scene of Thursday's devastating fire in Kadipora area, said some relief had been given to the victims and more is underway. As the House met on Saturday, National Conference legislator from Bijbehara Bashir Ahmad Veeri tried to raise the issue but the speaker Abdul Rahim Rather asked him to take up his seat, assuring that the government will make a statement. «A total of 40 houses were gutted in the fire, causing massive loss to the victims. I along with MLAs Peerzada (Feroze Ahmad), Altaf Kaloo and Abdul Majid Bhat Larmi met the fire victims yesterday (Wednesday) on the directions of the chief minister (Omar Abdullah). »The district administration had already made arrangements for their food and shelter, while we also had met with the district development commissioner and concerned officers to ensure their rehabilitation," Itoo, who also holds the health and medical education portfolio, told the House after the question hour. She said the victims will be provided relief under Chief Minister's relief fund, while the cheques have been prepared under natural calamity fund for them.

Board of Control for Cricket in India (BCCI) is bringing the IPL Fan Parks back for the 2025 season, expanding the electrifying experience to 50 cities across 23 states and one union territory. The IPL Fan Parks this season will span 10 weekends, from March 22 to May 25. From Tinsukia in Assam to Kochi in Kerala and Amritsar in Punjab to Goa, the initiative aims to recreate the stadium atmosphere for fans across India. Each Fan Park will feature live match screenings, music, entertainment, food courts, and a kids’ play zone. Fans can also enjoy virtual batting zones, bowling through nets, face-painting stations, replica dugouts, and 360° photo booths. The first Fan Parks of the season will be held in Rohtak, Bikaner, Gangtok, Kochi, and Coimbatore, with multiple locations hosting events every weekend. IPL Fan Parks will also debut in Kakinada, Dimapur, Karaikal, Manbhum, Purulia, Rohtak, and Tinsukia. Arun Singh Dhumal, Chairman, IPL, said: «The IPL Fan Parks are a crucial part of our vision to bring the tournament closer to fans across India. By hosting these events in multiple cities and towns, we aim to recreate the electrifying stadium atmosphere and allow fans to celebrate the IPL together. This initiative strengthens our bond with cricket enthusiasts nationwide, ensuring they experience the excitement and passion of the sport in a lively and vibrant setting.»

Subscribe to enjoy similar stories. A price-signalling war is on between the government and processors of soybean, as the two have put out conflicting production estimates of the key cash crop that's an affordable source of edible oil. According to the Union agriculture ministry’s second advance estimates, there has been a record production of soybean in the country at 15.1 million tonnes during the kharif marketing season 2024-25.

Delhi resident recently shared his frustration about dog lovers, expressing that if someone truly cares for dogs, they should adopt them rather than just feed them. His concerns arose after a stray dog bit his house help, a dog that his neighbour regularly feeds outside the Redditor’s doorstep. He took to social media to voice his opinion, warning about the risks associated with feeding stray dogs, particularly the threat of diseases they may carry. He highlighted that this was not the first time such an incident had occurred in his locality. Several housemaids and delivery personnel had already been bitten before, and in one unfortunate case, a woman lost her life due to a dog attack. The situation has left him deeply concerned about the safety of people in his building, especially those who rely on daily wages to support their families. The resident also pointed out the dangers of rabies, emphasizing that even with vaccinations, the disease remains fatal. He urged people to be more responsible when feeding stray dogs, suggesting that if they must provide food, they should do so away from residential areas to prevent the risk of attacks.

Billionaire Harsh Goenka recently shared some tips to improve our longevity. Taking to X on Friday, the business tycoon shared seven simple ways to live a longer life and improve our overall health.

capital markets regulator Sebi to raise Rs 550 crore through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares worth Rs 300 crore and an offer for sale (OFS) of Rs 250 crore by promoters and promoter group entities, according to the draft red herring prospectus (DRHP) filed on Thursday. At present, promoters and promoter group entities hold 100 per cent stake in the company.

Subscribe to enjoy similar stories. I have never eaten at Papa’s in Bandra, Mumbai, the 12-seater chef’s table run by chef Hussain Shahzad that was recently named one of Time magazine’s World’s Greatest Places 2025, but during a recent visit to Veronica’s, above which Papa’s is perched like a secret little hidey-hole, I did get a tour of the space. It was mid-morning, and the chef was prepping for the 13-course dinner he serves Wednesday through Saturday.

Rupee billionaire MLAs. Cynics would explain this as an appalling display of power distance in a money-obsessed public life, but the South’s overwhelming representation in the HNI lawmakers’ club is as much a symbol of peninsular India’s broader prosperity as is the glaring regional disparity in staples-loaded retail inflation. In economic terms, the two pieces of data indicate the South’s burgeoning wealth effect – across the spectrum. India’s consumer inflation gauge, with a disproportionate rural weighting of basic food items and a still substantial urban weighting, has fallen below the 4% legal mandate in February to a seven-month low. However, a region-based analysis of inflation data indicates the South has averaged higher on the metric, presumably driven by demand, as those migrating from the less prosperous northern, eastern and central states seek toeholds in bustling economic hubs such as Coimbatore, Chennai, Bangalore, Hyderabad, Visakhapatnam, and Cochin. “The region-wise index share CAGR growth during FY12 to FY25 (until Feb 2025) indicates that the southern region has the highest CAGR inflation of 6% in overall inflation,” SBI Research said in a study that analysed inflation across states and federally administered areas over the past 14 years. Curiously, inflation in the South trended above the national average over the period in both rural and urban areas, indicating prosperity across the geographic spectrum – and possibly the impact of labour migration from the less economically advantaged states into even remote villages in the South – particularly the remittance-heavy Kerala.

The ideal time for the puja is from 06:23 AM to 06:32 PM on March 21, 2025.

The data came in the wake of Bank of Japan (BOJ) Governor Kazuo Ueda's warning, made after its decision to keep interest rates steady on Wednesday, that rising food costs and stronger-than-expected wage growth could push up underlying inflation. The increase in the core consumer price index (CPI), which strips away the effect of volatile fresh food costs, compared with a median market forecast of a 2.9% gain. That kept core inflation above the BOJ's 2% target for the 35th straight month. It slowed from the previous month's 3.2% rise due largely to the resumption of subsidies to curb fuel costs, government data showed on Friday. A separate index that excludes the effects of both fresh food and fuel costs, closely watched by the BOJ as a broader price trend indicator, rose 2.6% in February from a year earlier after climbing 2.5% in January. It was the fastest year-on-year increase since March 2024, when it rose 2.9%.

Zomato confirmed the approval by the Ministry of Corporate Affairs (MCA) on the name change of the company to Eternal Limited, with effect from March 20, 2025. «The name of the company, thus, stands amended to “Eternal Limited” with effect from March 20, 2025, and the Memorandum and Articles of Association of the company stands altered to the extent of the change of name of the company,» Zomato said in a regulatory filing. This follows the update earlier this month, where the shareholders of the Gurugram-based company had sought its shareholders’ nod to change the name of its parent entity to Eternal Ltd,ET reported.

Strikes hit Sanaa, Yemen's rebel-held capital, as well as their stronghold of Saada in the country's northwest on Wednesday night, the Houthi's al-Maisrah satellite news channel reported. It aired footage showing firefighters battling a blaze in Sanaa and damaged at what it described as a sheep farm in al-Jawf. It also said strikes happened overnight Tuesday, though the U.S. military has not offered a breakdown of places targeted since the airstrikes campaign began. The first strikes this weekend killed at least 53 people, including children, and wounded others. As the strikes hit, Trump wrote on his Truth Social website that «tremendous damage has been inflicted upon the Houthi barbarians.» «Watch how it will get progressively worse — It's not even a fair fight, and never will be,» Trump added. «They will be completely annihilated!»