Food Financial News

12.03 / 03:31
Manufacturing Food trends President show track reports India's wholesale inflation likely fell to 2 pc in February from 2.3 pc in January: Report
inflation is expected to decline to 2 per cent in February 2025 from 2.3 per cent in January, primarily due to a drop in oil prices and a seasonal decline in food prices, according to a report by Union Bank of India. The report highlighted that the moderation in WPI inflation is largely driven by a fall in vegetable prices, which is a key component of food inflation. It said «Wholesale Price Index (WPI) is expected to moderate to 2.0 per cent (y/y) in Feb'25, low from 2.3 per cent in previous month, due to cooling in oil prices and seasonal drop in food prices». Within food, vegetable prices are estimated to have dropped by 12 per cent month-on-month. However, edible oil prices saw a slight increase during the month. Additionally, manufactured food prices remained stable as the prices of key inputs like sugar and edible oil showed only a mild rise. The report also added that the fuel index, which tracks price changes in petroleum products, is expected to remain in the negative zone in February. This decline follows a slight increase in the past two months.
11.03 / 18:10
markets COST UPS Food Experts reports Food prices in US set to rise again—here’s your guide on what to stock
Donald Trump’s tariffs on Canada and Mexico will soon come into effect. The two allies of the US are top suppliers of food and beverages. Experts have predicted that prices of various essential goods will see a rapid hike. Donald Trump, soon after assuming office for his second term, announced 25 per cent tariffs on Canada and Mexico before freezing it for a limited period after market backlash.
11.03 / 12:16
Waters Extreme Food Research Experts social hospital A (little) pain is good for you. Here’s why
Subscribe to enjoy similar stories. For 38-year-old Delhi based Amit Mehra, stress had become an unshakable companion. As a senior executive at a multinational firm, his days were a blur of deadlines, meetings, and endless notifications.
11.03 / 10:19
Food love Celebrity beautiful dance peace Holi 2025 wishes: Joyful greetings to share with family and friends on the festival of colours
Celebrations involve people applying colored powder (gulaal) to each other, accompanied by music, dance, and traditional foods like gujiya, chakri, malpua, and thandai.
11.03 / 09:13
markets Waters Food Death hospital reports ventilators Crash diet turns fatal: Kerala teen influenced by online weight loss advice dies due to anorexia
Thalassery hospital confirmed that she was suffering from anorexia and weighed just 24 kg at the time of her death. The teen, identified as Sree Nanda, had stopped consuming solid food for nearly six months and was undergoing treatment for her condition. As per reports, Sree Nanda was heavily influenced by online weight loss advice and was surviving on water. Dr. Nagesh Manohar Prabhu, a physician at Thalassery Co-operative Hospital, told ANI, “She was hardly 24 kgs, bedridden. Her sugar levels, sodium, and BP were low. She was put on ventilator support. But her condition did not improve, and she succumbed.”
11.03 / 04:51
markets Analysis Enterprise Food Nestle Trade Updates Stock market update: FMCG stocks down as market falls
Dangee Dums Ltd.(up 1.10%), Vadilal Industries Ltd.(up 1.06%), Jyothy Labs Ltd.(up 1.01%), Adani Wilmar Ltd.(up 1.01%), Dabur India Ltd.(up 0.94%), Britannia Industries Ltd.(up 0.79%), Nestle India Ltd.(up 0.77%), Colgate-Palmolive(India)Ltd.(up 0.52%), Hindustan Unilever Ltd.(up 0.50%) and Procter & Gamble Hygiene & Healthcare Ltd.(up 0.26%) were among the top gainers.
11.03 / 04:27
markets Analysis Food Research Cardiovascular patient prevention Ozempic’s new frontier: The war on aging
Subscribe to enjoy similar stories. For decades, scientists have been on the hunt for an antiaging drug. Now, some say we may have already found it.
11.03 / 04:23
markets Williams Waters Food Research Schools Sunita Williams grew plants, fixed ISS systems—What the NASA astronaut did during her 10-month wait in Space
Sunita Williams and fellow astronaut Barry Wilmore launched aboard Boeing’s Starliner spacecraft on 5 June 2024, reaching the ISS a day later. However, the mission encountered severe setbacks when the spacecraft suffered thruster malfunctions, helium leaks, and other technical failures. NASA ultimately deemed it unsafe for their return journey, forcing the astronauts to stay aboard the ISS while alternative plans were made. Williams, now 59, has spent over 600 days in space across three missions, making her one of the most seasoned astronauts in NASA’s history. With 62 hours and nine minutes of spacewalking experience, she holds the record for the longest EVA (extravehicular activity) time by a female astronaut.
11.03 / 00:09
markets CEO Food trends beautiful reports Courts Malls divert more space to beauty brands as consumer preferences shift
Subscribe to enjoy similar stories. Consumers are expected to shift spending from categories such as apparel and footwear to beauty and eating out over the next four to five years, prompting retailers and mall developers to re-examine their portfolios of offerings. Dalip Sehgal, CEO, Nexus Select Trust, which operates a portfolio of over 18 premium malls in India, said consumers are increasingly diversifying their expenditure with more focus on experiences and grooming.
10.03 / 23:47
markets Parke Food Healthcare Bill President reports Donald Trump issues stark warning: Government shutdown in just 5 days unless Republicans rally behind stopgap bill
government shutdown now seems likely and that could initiate a disaser-like scenario, including halted services, delays in programs like veterans’ benefits, food assistance, and healthcare. National parks, passport processing, and IRS operations might also grind to a temporary stop, as per reports.
10.03 / 18:57
markets Manufacturing Action Food country Pharmaceuticals ET Q&A: All our products are legitimate, sold under valid prescriptions, says Aveo Pharmaceuticals MD
Aveo Pharmaceuticals said the company has been issued stop-production notice for non-compliance with manufacturing standards and not for export of opioid-based drugs to West African nations. Arvind Sharma, its managing director, also told ET's Teena Thacker and Vikas Dandekar that the company has valid product permissions from the state food and drug administrator for Tafradol, a combination of Tapentadol and Carisoprodol. Edited excerpts: What is the status of allegations of exports of opioids to West African nations? The allegations that our products are narcotics opioids are false. All our products are legitimate, licensed pharmaceuticals sold under valid prescriptions in numerous countries.
10.03 / 12:21
Citi Art Highways Food DISH Taste history, culture and myriad flavours on a food trip to Thanjavur
Subscribe to enjoy similar stories. Thanjavur, famous as the cultural capital of Tamil Nadu, is a melting pot of history, architecture and myriad flavors. It is renowned as the birthplace of intricate Thanjavur art and draws visitors for its many ancient temples built during the prosperous Chola regime from the ninth to the thirteenth century.
10.03 / 09:59
UPS security Food trends shock Headlines Retail inflation likely eased further to 3.9% in February: Mint poll
Subscribe to enjoy similar stories. India's retail inflation likely eased further to 3.9% in February from 4.3% in the previous month, driven by a continued decline in food prices, according to a Mint poll of 25 economists. This would mark the fourth consecutive month of cooling inflation and help make a case for another rate cut by the Reserve Bank of India (RBI) in April.
10.03 / 08:19
markets UPS Target Reuters Food show India inflation likely eased below 4% in February for the first time in six months
inflation likely eased below the Reserve Bank of India's medium-term target of 4.0% for the first time in six months on moderating food price rises, a Reuters poll showed, bolstering expectations of interest rate cuts. As fresh winter produce hit markets over the past few months, food items — which make up nearly half of the inflation basket — saw a sustained slowdown in price increases. That marked a welcome reprieve from supply disruptions last year when unpredictable monsoons and intense heat waves sent food prices soaring, often by double digits.
10.03 / 06:37
markets Target economy Food Trade War China's inflation sees first contraction in over a year; goes below zero in February
Beijing last week vowed greater efforts to boost consumption in the face of an escalating trade war with the U.S., but analysts expect deflationary pressures in the world's second-largest economy to drag on. The government set the 2025 economic growth target at around 5%, unchanged from last year, while lowering the annual inflation target to around 2% from around 3% last year.
10.03 / 04:57
markets CEO Food RAI International Zomato shareholders approve resolution to change company name to Eternal
Zomato have approved the resolution to change the company's name to Eternal Ltd. Eternal will house four businesses: food delivery business Zomato, quick commerce unit Blinkit, going-out vertical District and business-to-business (B2B) grocery supply company Hyperpure. The company is rebranding itself for the second time. It was founded as Foodiebay in 2008 and renamed Zomato in 2010.
10.03 / 04:57
markets UPS Analysis Enterprise Food Trade Updates Stock market update: FMCG stocks up as market rises
Umang Dairies Ltd.(up 4.30%), Future Consumer Ltd.(up 3.71%), LT Foods Ltd.(up 2.23%), Vadilal Industries Ltd.(up 2.20%), Dangee Dums Ltd.(up 2.02%), Emami Ltd.(up 1.94%), Hindustan Unilever Ltd.(up 1.89%), Colgate-Palmolive(India)Ltd.(up 1.83%), Mrs. Bectors Food Specialities Ltd.(up 1.68%) and Nakoda Group Of Industries Ltd.(up 1.42%) were among the top gainers.
10.03 / 02:45
markets Target SUN Food patient Pharmaceuticals Sun Pharmaceuticals to acquire Checkpoint Therapeutics for $355 mn
Sun Pharmaceuticals on Monday announced that it is set to acquire Checkpoint Therapeutics, an immunotherapy and targeted oncology company, for $355 million. The transaction is expected to be completed in the second calendar quarter of 2025. Checkpoint is a Nasdaq-listed commercial-stage company focused on developing novel treatments for patients with solid tumor cancers. The company has the license from the U.S. Food & Drug Administration (FDA) for UNLOXCYT (cosibelimab-ipdl) for the treatment of adults with metastatic cutaneous squamous cell carcinoma (cSCC) or locally advanced cSCC who are not candidates for curative surgery or curative radiation. Dilip Shanghvi, Chairman & Managing Director of Sun Pharma, said, “Combining UNLOXCYT, an FDAapproved anti-PD-L1 treatment for advanced cutaneous squamous cell carcinoma, with Sun Pharma’s global presence means patients with cSCC may soon have access to an important, new treatment option. The acquisition further bolsters our innovative portfolio in onco-derm therapy.”
10.03 / 02:29
markets UPS awards Food Inside ET Awards: Today, 25 lakh people earn their livelihoods through the ecosystem we've built together, this award is a tribute to them, says Akshant Goyal
Zomato's rise as a public company has been rapid as it has expanded into businesses beyond food delivery over the past few years. Adding quick commerce through its Blinkit acquisition and later buying out Paytm Insider to bulk up its going-out business, Zomato's success has emanated from combining profitability with the growth potential of its quick commerce unit and other new businesses which drove its market capitalisation to an all-time high of ₹2.75 lakh crore ($32 billion) by December 2024.
09.03 / 09:59
markets FIVE Dreams Food Sony reports recommendations Turning grief into purpose: Late Sepoy's wife joins Indian Army as officer, among 133 commissioned at OTA Chennai
Soni Bisht faced an unimaginable loss when her husband, Sepoy Neeraj Singh Bhandari of the 18 Kumaon Regiment, tragically passed away in a January 2023 accident. Instead of succumbing to grief, Soni transformed her sorrow into strength, choosing to honour her late husband's dream by joining the Indian Army as an officer. On Saturday, at the Officers Training Academy (OTA) in Chennai, she marched proudly in the Passing Out Parade, now a warrior ready to serve the nation, reported TOI. “When I first heard about the Veer Nari entry from officers of the Kumaon Regiment, my father, a retired Subedar from the Brigade of Guards Battalion, encouraged me to take this path,” TOI quoted Soni as saying. “It wasn’t easy, but I overcame every challenge,” she added with a smile, as she was commissioned into the Army Ordnance Corps.
09.03 / 09:57
UPS Food Immunic pandemic Cardiovascular 2020 A practical guide to help you cut back on processed foods
Subscribe to enjoy similar stories. A bag of chips here, a jam roll there or a small bar of dark chocolate because you craved something sweet— isn’t that what break-time or at-desk snacks invariably consists of for most of us these days? According to a WHO-led 2023 study, retail sales of ultra-processed foods in India had declined from 12.65 per cent in 2019 to 5.5 per cent in 2020. However, in 2021, it increased by 11.79 per cent.

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