Food Financial News

Dividend stocks: Shares of Oil and Natural Gas Corporation (ONGC), Emami, Torrent Power, Page Industries, JK Tyre & Industries, IRCON International, Sundaram Finance, Manappuram Finance, BEML, Siyaram Silk Mills, Dalmia Bharat Sugar and Industries, NLC India, JK Paper, Alkem Laboratories, Bajaj Consumer Care, Banco Products (India), Saven Technologies, Aarti Pharmalabs, Akzo Nobel India, Computer Age Management Services, Disa India, Firstsource Solutions, IOL Chemicals & Pharmaceuticals, J.B.Chemicals & Pharmaceuticals, Orient Cement, Shivalik Bimetal Controls, Triveni Turbine, Vidhi Specialty Food Ingredients, Mitsu Chem Plast, and Scanpoint Geomatics will be in focus when the stock market opens on February 16 (Friday). The Board of Directors of these companies have declared interim dividend and rights issue for their eligible shareholders.

Online seafood firm Captain Fresh has raised $25 million in a funding round led by UK government-backed British International Investment (BII) and Andhra Pradesh-based Nekkanti Seafoods Group. The funding was part of a larger $48 million extended funding round at a $500 million valuation, out of which $20 million had already been raised by the firm in September last year. That round had been led by Japan-based SBI Investment and Evolvence Capital, and had also seen participation from existing investors like Tiger Global, Prosus, Accel and Matrix Partners India.

By Granth Vanaik

The Bank of Canada says it’s watching core inflation closely as it weighs when to cut interest rates, but a mixed bag of measures gives it options on timing and clouds the outlook for markets and economists.

₹14,94,296 crore. The 2024-25 interim budget also saw an increase of 28.4% in the allocation for the social justice and empowerment ministry from the 2023-24 revised estimate. At the same time, we see that the total expenditure in subsidies fell in 2023-24 by 28.3% from the revised estimate of 2022-23.

Mental models are algorithms of the mind. They are thinking constructs that govern how we make meaning and choices. How did separating work from life become a mental model? It goes back to early 18th century.

New Delhi: Brazil’s presidency of G20 is expected to take forward the New Delhi G20 declaration on food security by promoting sustainable agriculture through low-carbon agricultural and fair trade, a Brazilian diplomat said, a development focus that started with last year’s summit in India. The Brazilian move comes against the backdrop of left-wing leader Luis Inacio Lula da Silva’s election as president for the second term last January.

India so far has imported 3,000 tonnes of black matpe or urad beans from Brazil and is likely to procure another 20,000 tonnes this year, said Union consumer affairs secretary Rohit Kumar Singh. Singh in November had urged businessmen and officials in Brazil to grow pulses, especially tur (pigeon pea) and urad, to cater to Indian consumers amid falling domestic production, and as a way of diversifying the sourcing. “We need to ensure that food items are available in the country for our 1.4 billion consumers at an affordable price," Singh said on Thursday on the sidelines of the Global Pulse Confederation conference in New Delhi.

Former Assistant Treasury Secretary Monica Crowley discusses the strain inflation is having on the middle and lower class on 'The Bottom Line.'

Zomato customer, who ordered a bowl of Japanese ramen, has claimed that she found a dead cockroach in the meal delivered by the food aggregator. Sharing pictures of the dead insect lying in the noodles in her miso ramen, Sonai Acharya, an Agartala resident described the incident as a "horrific experience." Acharya had ordered the food from an eatery called Auntie Fug's. Sharing the images of the meal delivered to her, which clearly displays the dead cockroach lying in her food, Acharya slammed the lack of quality control.

Cash-strapped Dunzo promises to pay former staff by March-end Overall, the Kerala-based startups raised $33.2 million in 2023, an uptick of 15% increase from $28.9 million raised in 2022. However, the early-stage funding dropped 32% to $7 million in 2023 from $10.3 million in 2022. The Kerala startup ecosystem has not recorded any late-stage funding in the last five years.

On February 14 the company behind Oreo and Cadbury Chocolate, Mondelēz International, announced that it’s joining the Hedera Council, the entity that governs the Hedera Network, “a sustainable public ledger for the decentralized economy.”

Sales slipped during the fourth quarter for Kraft Heinz as some customers, pinched by a bout of inflation, traded down to cheaper brands or did not buy as much

Inflation in the U.K. held steady at 4% in January as lower food prices helped offset an increase in energy costs

Real estate developers have topped the list of businesses facing consumer complaints for suspected goods and services tax (GST)-related profiteering, data from the Competition Commission of India (CCI) showed. CCI decides on the merit of customer complaints based on an investigation by the Directorate General of Anti-Profiteering (DGAP), which comes under the Central Board of Indirect Taxes and Customs.

By Akash Sriram

(Updated — February 14, 2024 11:44 AM EST)

MSP, as demanded by protesting farmers at Delhi's borders, is a bad idea — especially for farmers. GoI's goal is to improve the farm sector, resulting in higher income for farmers. It is right in ruling out this particular demand, which will not benefit the bulk of farmers who have small holdings, often working as farm and non-farm labour.

Uber Technologies shot to a record high on Wednesday after announcing its first-ever buyback of $7 billion worth of company shares after a strong recovery in ride-share revenue and healthy demand in its food delivery business. The company posted its first annual net profit last week since it went public in 2019. Uber executives said they expect to make buybacks consistent over time.

Inflation has pulled back significantly from its pandemic-era peak. In fact, some categories have fallen into outright deflation, meaning consumers are seeing their prices decline instead of rise.

A 'Mornings with Maria' panel discusses the U.S. economy and markets after the January year-over-year CPI comes in at 3.1%.