Food Financial News

₹70 lakh for Hyderabad posting); Accenture ( ₹60 lakh), Asian Paints, and Emami Group ( ₹15-18 lakh). Amongst banks, Axis, ICICI, HDFC and IDFC have rolled out offers for ₹20-24 lakh. Government-run banks are raking in hefty profits.

₹3,000 crore. Meanwhile, demand in urban markets outperformed rural markets in the December quarter for the tea and salt maker, reflecting a broader trend in the market. This was also helped by TCPL’s own push to reach more towns and cities, apart from greater growth for its packaged foods portfolio that reported a 5% jump in quarterly volumes.

The director of the main U.N. aid agency for Palestinians says Israeli restrictions are preventing food for 1.1 million people from reaching war-battered Gaza

Processed food and drinks have internationally been subject to voluntary caps on fat, salt and sugar. Front-of-package labelling has been used to effectively signal health choices, and sin taxes have been deployed to deter consumption. India has a demerit tax on sugary drinks, but is yet to get its manufacturers to cut back on sugar levels prevalent in Europe, the US or even in Singapore.

(Reuters) -Shares of Mexico's BBB Foods rose 11.4% on their debut on the New York Stock Exchange (NYSE) on Friday, giving the discount grocery retailer a valuation of $2.2 billion.

A Nevada jury has awarded about $130 million in damages in a lawsuit filed by five people who suffered liver damage before bottled water marketed by a Las Vegas-based company was recalled in 2021

Global disruptions may pose many challenges to how the world operates but they also offer considerable opportunities, the Prime Minister of Guyana Brigadier Mark Anthony Phillips said, giving the example of India's Vaccine Maitri that helped vulnerable countries at a time of need and propelled domestic manufacturing as well. Guyana, which has produced legendary cricketers like Clive Llyod and fast bowling debutant Shamar Joseph who propelled the West Indies to a stunning Test victory over Australia last month, has close diplomatic relations and a unique tie to India. The Prime Minister shared that 40% of Guyana's population comprises people of Indian origin. In his address at the summit, Phillips made a case for innovative and collaborative approach to meet common challenges being faced by nations across the world. «In the simplest of terms, global disruptions essentially change how the world operates. In today's world, disruptive forces such as technology, globalisation, and economic and demographic change, are constantly occurring,» the PM said.

Hershey is cautioning on its 2024 profit growth as the company contends with rising cocoa costs that are leading to increased prices for chocolate

The destruction of the Aral Sea in Central Asia has been labeled by the U.N. as the most staggering disaster of the 20th century

The owners of a Haitian food truck are suing a small town in Virginia over allegations that a town council member cut the food truck's water line and screamed, ‘Go back to your own country

More foods are being recalled in the wake of a deadly outbreak of listeria food poisoning

PepsiCo got a bump to fourth quarter profits thanks in part to lower charges and continued price hikes, but higher prices have hit sales

Mint. Jungle's investment in Walko Food is estimated to be more than $7 million, one of the people said. However, Mint was not able to procure the size of the investment in TAE.

By Ananya Mariam Rajesh

1) Karpoori Thakur (Posthumous): Bihar's former chief minister and a well-known socialist leader will be posthumously honoured with Bharat Ratna. Popularly known as referred to as 'Jan Nayak' (people's leader), Thakur will become the 49th recipient of this prestigious award. 2) Lal Krishna Advani: Bharatiya Janata Party stalwart and former deputy prime minister, has been associated with the party since its establishment in 1980.

Prime Minister Narendra Modi announced on Friday, February 9, that the late Indian agricultural scientist MS Swaminathan, along with former Prime Ministers PV Narasimha Rao and Chaudhary Charan Singh, would be posthumously conferred the Bharat Ratna award.

The Reserve Bank of India (RBI) has kept the repo rates unchanged for the sixth time in a row at 6.5 per cent. The repo rate is the rate of interest at which RBI lends to other banks. The decision was made during the three-day RBI’s monetary policy committee which started on Tuesday (February 6-8). The RBI typically conducts six bi-monthly meetings in a financial year, where it decides interest rates, money supply, inflation outlook, and various macroeconomic indicators. 

Canadians that have turned to grocery store flyers and coupon-cutting may need to look for even more savings.

Honasa Consumer Ltd.(up 3.97%), Heritage Foods Ltd.(up 3.85%), Parag Milk Foods Ltd.(up 3.81%), Britannia Industries Ltd.(up 1.97%), Colgate-Palmolive(India)Ltd.(up 1.44%), Nestle India Ltd.(up 1.12%), Dabur India Ltd.(up 0.99%), Tasty Bite Eatables Ltd.(up 0.85%), Hindustan Unilever Ltd.(up 0.30%) and Godrej Consumer Products Ltd.(up 0.13%) stood among the top gainers.

Fat Brands chairman and founder Andy Wiederhorn details the economic impact of California raising the minimum wage to $20 an hour.

KKR's Henry McVey joins 'Barron's Roundtable' to discuss GDP data showing the economy is growing and inflation cooling.