Food Financial News

08.01 / 06:22

COST UPS Citi Metro Food Updates Cost of Living LIVE Updates Jan 08: Fuel prices steady. Check petrol and diesel prices in your city here

Cost of Living LIVE Updates January 08: The cost of living is the amount of money one needs to survive in a given place – and one's most essential needs such as food, water, housing, taxes, cost of commute, healthcare, etc. The high rate of inflation has pushed up the cost of living across the globe, burning a hole in the common man's pocket.

08.01 / 06:20

COST UPS Food Experts reports Thali costs ease sequentially in December as tomato and onion prices decline

Crisil report. While the cost of non-veg thali declined 5% in December to Rs 57.6 from Rs 60.4 in the previous month, the cost of veg thali was down 3% to Rs 29.7 However, compared to the previous year veg thali prices were still up 12% in December.

08.01 / 02:10

markets Digital Action Food hospital reports prevention Stocks to Watch: Dr Reddy's, Federal Bank, Titan, Adani Wilmar, JSW Steel

Dr Reddy's Laboratories: The drug major has recalled approximately 8,280 bottles of Tacrolimus, used to prevent organ rejection post-transplant, from the US market. This action follows the US Food & Drug Administration flagging a packaging error, amid the "presence of foreign tablets/capsules" in the lot. Reliance Industries: Billionaire Mukesh Ambani said his firm, in partnership with Canada's Brookfield, will open a data centre in Chennai next week, marking entry into the fast-growing market.

08.01 / 01:01

UPS Target Platform Food track Schools Traffic Advertisements get cash counters ringing at quick commerce and food delivery companies

Zepto, or the delivery partner’s icon on Swiggy’s order tracking page change into a pack of Oreo cookies. Advertising is quickly becoming an important way for platforms like Swiggy, Zomato, Blinkit and Zepto to bump up their overall revenue, industry executives and advertisers told ET, while the diversity of brands advertising on these platforms is also expanding.

07.01 / 16:45

Citi Manufacturing Food Healthcare country electronic Destinations 2024 Vibrant Gujarat Global Summit 2024: ‘Rising Gujarat’ as an investment destination for the world

To this effect, the state of Gujarat’s success story is one of the most dynamic ones to have taken place in 21st-century India. Gujarat accounts for 8.3 percent of India’s GDP, 18 percent of industrial output, and 33 percent of exports, its Gross State Domestic Product (GSDP) has grown from Rs 1.42 lakh crore to Rs 22.61 lakh crore in the last two decades and the future outlook for the state continues to look incredibly positive across sectors.

07.01 / 05:38

markets Food wellness consequences reports prevention Dr Reddy's recalls over 8,000 bottles of generic drug in US due to packaging error

Dr Reddy's Laboratories is recalling over 8,000 bottles of a generic medication used to prevent rejection of a transplanted organ from the US market due to a packaging error, according to the US Food & Drug Administration. The Hyderabad-based drug major is recalling 8,280 bottles of Tacrolimus capsules from the US market for «presence of foreign tablets/capsules» in the affected lot.

06.01 / 19:58

markets COST Digital Food Research October-December 2023 speaks volumes about FMCG demand revival

reduction in prices and what companies see as a sign of recovery in consumption. Companies like Adani Wilmar, Marico, Dabur and Godrej Consumer Products on Thursday and Friday said in investor notes that there has been volume-led growth in their sales in the October-December period. But value growth came under pressure as companies cut prices from early 2023 to pass on the benefit of lower raw-material costs. India's largest edible oil company, Adani Wilmar that sells the Fortune brand of products, on Friday said it recorded the best-ever volumes in branded oil and foods during the last quarter.

06.01 / 17:35

UPS Analysis economy Food country innovations reports Canada’s productivity has been declining. Why that’s a problem for the economy

Canadians feeling like they weren’t as productive as they could’ve been in 2023 can take solace. Neither was Canada’s economy.

06.01 / 16:32

Food hospital prevention Investigations ED arrests former Bongaon municipality chairman Shankar Adhya in public distribution system case

Enforcement Directorate officials at Sandeshkhali in the North 24 Parganas district. The officials were in Sandeshkhali to raid Trinamool Congress leader Sheikh Shahjahan's residence over the PDS case, where ration to be distributed through the public distribution system had been allegedly diverted, causing losses to beneficiaries and the government. Meanwhile, the ED arrested former Bongaon Municipality chairman Shankar Adhya early on Saturday in the PDS case after questioning him for 17 hours. On Friday, three ED officers suffered injuries when a mob attacked them with «an intention to cause death», the central investigative agency said in an FIR.

06.01 / 05:28

markets Food War cover gatherings 2024 Three surprises that could inflame commodity markets in 2024

infrastructure splurge is gathering pace. Liberum, a bank, calculates that a one-percentage-point rise in its forecast for annual global GDP growth would boost commodities demand by 1.5%. Freakish weather would have a deeper impact.

06.01 / 04:35

COST UPS Food PepsiCo Trade country PepsiCo products pulled from some stores in Europe over ‘unacceptable’ price hikes

Global supermarket chain Carrefour will stop selling PepsiCo products in its stores in France, Belgium, Spain and Italy over price increases for popular items like Lay’s potato chips, Quaker Oats, Lipton tea and its namesake soda.

06.01 / 04:35

markets economy Food Trade show social reports December’s jobs report is a ‘mixed bag’ for the Bank of Canada. Here’s why

The national jobless rate held steady at 5.8 per cent in December as employment was “virtually unchanged,” according to Statistics Canada.

06.01 / 02:06

Waters Food community War hospital International Gaza has become "uninhabitable": UN Aid Chief Griffiths

United Nations Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator Martin Griffiths said that Gaza has become "uninhabitable" and called for an immediate cessation of hostilities. Tens of thousands of people, mostly women and children, have been killed or injured during the attacks.

05.01 / 19:33

UPS Provident Sustainability Food Research DISH reports mars What's a perfect 'space meal'? Mars-bound astronauts can now enjoy THIS 'tasty' food

means this food can also be grown in space, it added. "Now, researchers reporting in ACS Food Science and Technology have designed the optimal 'space meal': a tasty vegetarian salad. They chose fresh ingredients that meet male astronauts’ specialised nutritional needs and can be grown in space," the statement read.

05.01 / 19:27

markets CEO Strategy Food Adventure International iD Fresh Food appoints Rajat Diwaker as India CEO; PC Musthafa now global chief

Marico Bangladesh Ltd. Musthafa will be responsible for global expansions, building food-tech capabilities and strategic acquisitions. As part of its growth strategy, iD Fresh will also appoint dedicated business heads and CEOs for each International market.

05.01 / 17:43

Art BURST Food DISH show Enjoying street food

thrill in walking through bustling streets where the air is tinged with tantalising aromas and vendors — street food artists — proudly showing off their works of art. Street food isn't just about the food.

05.01 / 17:14

UPS Food hospital Courts Relationships International 'Fat Leonard' seeks new attorneys ahead of sentencing in Navy bribery case, causing another delay

Convicted Malaysian defense contractor Leonard Francis who led a daring escape weeks before he was scheduled to be sentenced in 2022 is seeking new defense attorneys now that he is back in U.S. custody after the Venezuelan prisoner swap last month

05.01 / 17:10

COST UPS economy Food country Europe's inflation is up after months of decline. Could it delay interest rate cuts?

Inflation is on the rebound in Europe

05.01 / 17:09

Food Trade War track country Global food prices declined from record highs in 2022, the UN says. Except for these two staples

The U.N. Food and Agriculture Organization says global prices for food commodities like grain and vegetable oil fell last year from record highs in 2022

05.01 / 17:09

COST UPS Fighting Food PepsiCo country PepsiCo products are being pulled from some grocery stores in Europe over price hikes

05.01 / 16:53

COST Provident Food Bill Inside hospital Catering cost at Maharashtra CM, deputy CM homes reach Rs 6.5 crore annually; Details inside

government has appointed Chhatradhari Caterers to provide food and beverages at Deputy Chief Minister Ajit Pawar's official residence 'Devgiri'. The catering contract is set to run until April 2025, with an annual cost of Rs 1.5 crore. This decision follows similar appointments made ten months ago for chief minister Eknath Shinde's official residence 'Varsha'and deputy chief minister Devendra Fadnavis's 'Sagar' at an estimated cost of about Rs 5 crore annually.

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