Food Financial News

09.03 / 09:29
markets Food Corona RAI BABA Patanjali inaugurates Asia's largest orange processing unit in Nagpur
Acharya Balkrishna, Managing Director of Patanjali Ayurveda Ltd, asserted earlier this week that this plant is Asia's largest orange processing plant. The plant was inaugurated today in the presence of Union Minister Nitin Gadkari, Chief Minister Devendra Fadnavis, Patanjali Ayurved Managing Director Acharya Balkrishna, and Swami Ramdev, among others.
09.03 / 09:29
markets UPS FIVE economy Food PepsiCo country PepsiCo to double India revenue in 5 yrs, invest in capacity building in key market
PepsiCo aims to double its revenue in India over the next five years, viewing the country as a 'key anchor market' where it is making «aggressive» investments to expand its capacity, its India & South Asia CEO Jagrut Kotecha said. India will be the «engine of growth for PepsiCo» in driving its global revenue, as it ranks among the top three markets for the food, snack, and beverage multinational, where the company is experiencing double-digit growth, Kotecha shared in an exclusive interview with PTI. PepsiCo has invested in greenfield plants in Uttar Pradesh and Assam, focusing on staying ahead of the demand curve, Kotecha said, adding the company will not be «investment shy» in India and plans to open two more facilities, including one in the southern region. «We believe India will be the engine of growth for PepsiCo to drive the top line. Yes, it's not as big as North America because it is a lot more evolved category. Our per capita consumption in India is still very low, not only for us on beverage and food, but we would expect one of PepsiCo's fastest growing economies to do that,» Kotecha said.
09.03 / 08:43
COST Food Trade Experts country Vaccines fencing Why Trump’s plan to combat bird flu won’t bring egg prices down immediately
Subscribe to enjoy similar stories. The Trump administration’s $1 billion plan to combat avian flu won’t solve soaring egg prices overnight, experts say. The spread of avian flu has killed millions of chickens across the nation, shrinking the supply of eggs and driving prices higher.
09.03 / 07:55
markets UPS Provident Manufacturing Food prevention USFDA pulls up Granules India for lapses in maintaining storage facilities, equipment at Telangana plant
Granules India for failing to maintain buildings for drug storage and avoiding adequate procedures regarding cleaning and maintenance of equipment at its Telangana-based formulations plant. In a warning letter to the company's Chairman and Managing Director Krishna Prasad Chigurupati, the US Food and Drug Administration (USFDA) stated that the company failed to establish and follow adequate written procedures for maintaining equipment at the Medchal-Malkajgiri-based manufacturing facility. The USFDA inspected the facility from August 26 to September 6, 2024. «Our investigators observed significant contamination in multiple ducts of non-dedicated use in the preparation of finished drug products manufactured at your facility,» the USFDA stated.
09.03 / 05:45
markets Provident Food Myanmar Refugees International Rohingya refugees in Bangladesh brace for upcoming food reductions as aid agencies cut funding
Bangladesh — Rohingya refugees in crammed Bangladeshi camps say they are worried about a U.S. decision to cut food rations by half beginning next month, while a refugee official says the reduction will impact the nutrition of more than 1 million refugees and create «social and mental pressure.» President Donald Trump abruptly stopped most foreign aid and dismantled the U.S. Agency for International Development, which has significantly hampered the global humanitarian sector. Trump's Jan. 20 executive order froze the funding for a 90-day review. The World Food Program, the main U.N. food agency, recently announced that cuts to food rations will take effect from April 1 in Cox's Bazar, Bangladesh, where dozens of camps are inhabited by Rohingya refugees.
08.03 / 18:29
UPS Target Man Fighting Food Discrimination ‘Random fights, rude strangers’, Indian man opens up about racism and food choices in Japan
Japan recently opened up about the racism he has faced, sparking a wider discussion about discrimination in different parts of the world. His revelations come shortly after an Indian-origin woman in the UK became a target of racial abuse while traveling from London to Manchester by train. The man, identified as Nikhil Tripathi, shared his experiences in a viral video after being interviewed by a Japanese vlogger known as Riki With Japan Mates.
08.03 / 13:37
markets UPS Food Experts performer recommendations When should you eat? Before, after - or even while - exercising?
But it's a common misconception that exercising in a fasted state improves performance or burns more calories, said Abby Langer, a dietitian in Toronto. «The research shows that in terms of gains, it doesn't really make much of a difference,» she said.
08.03 / 12:25
Citi Waves Food DISH Diversity classical Profiles A new wave of Andhra and Telangana dining
Subscribe to enjoy similar stories. Like most states, Andhra Pradesh and Telangana have diverse culinary regions. There is coastal Andhra cuisine, the food of Rayalaseema that is further inland, Telangana cuisine that is divided into food from the Deccan Plateau region and Hyderabadi cuisine and Uttarandhra food from the northernmost part of the state.
08.03 / 05:43
Food Death Cardiovascular reports gatherings medicines International Is butter bad for you?
Subscribe to enjoy similar stories. Butter is having a moment. In 2024 American consumption per person hit its highest in almost 60 years.
08.03 / 04:23
markets Food Justice Cal-Maine outbreak Department Investigations Who’s cracking up prices? Justice Department scrambles to investigate soaring egg prices
Cal-Maine Foods and Rose Acre Farms have engaged in anticompetitive practices. According to sources cited by The Wall Street Journal, investigators are preparing to issue civil investigative demands—akin to subpoenas—seeking internal pricing and supply data. While it remains unclear whether the investigation will lead to legal action, consumer advocacy groups and some lawmakers have been urging federal authorities to scrutinise the egg industry’s pricing tactics.
07.03 / 14:07
Gap economy Food Trade President country reports In charts: What reciprocal tariff threat could mean for Indian goods
Subscribe to enjoy similar stories. US President Donald Trump has been relentless in his pursuit of a tariff overhaul ever since assuming office in January. After making Mexico, China, and Canada his first victims (even though he paused some of the moves for a limited time), and threatening 25% tariffs on all steel and aluminium imports, he then announced his intention to introduce reciprocal tariffs on US’s imports from other countries, including India.
07.03 / 11:55
UPS Analysis Food Trade rights International Sensex falls! But these stocks rallied over 15% on BSE in today's trade
stocks rallied as much as 15% in Mumbai trading on Friday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the green amid brisk buying in frontline bluechip counters. Stocks that surged in excess of 15% included, AVI Polymers Ltd.(20.00%), Bengal Tea & Fabrics(19.99%), KLK Electrical(19.99%), Hemo Organic(19.97%), Somi Conveyor(19.79%), Spenta Intnl(18.11%), Futuristic Sol(16.48%), Laxmi Dental(16.43%), Ashnisha Industries(15.92%) and Capital Trust(15.59%).
07.03 / 09:39
COST UPS Citi Platform Food wellness IPO-bound Rebel Foods bets growth on 15-minute food deliveries
Subscribe to enjoy similar stories. BENGALURU : Multi-brand restaurant operator Rebel Foods, which is gearing up for a public-market listing in 2025-26, expects its newly launched 15-minute food delivery service ‘Quickies by EatSure’ to be a major growth driver in coming years, EatSure’s co-founder and chief executive Sagar Kochhar told Mint in an interview. The Mumbai-based company sees a massive opportunity in quick food deliveries and believes it has the right to win in the category thanks to its well-established model comprising offline eateries as well as cloud kitchens, which allow it to offer a full-stack setup with access to multiple brands such as Faasos, Behrouz Biryani, and Wendy’s, Kochhar said.
07.03 / 09:29
markets Target Manufacturing Sustainability Food International Can Adani Wilmar’s FMCG bet deliver long-term gains?
Subscribe to enjoy similar stories. Adani Wilmar Ltd (AWL) is doubling down on branded foods with its ₹600 crore acquisition of G.D. Foods Manufacturing (India) Pvt.
07.03 / 03:05
UPS Booking Food stage audience volunteers Interviews A series of unfortunate lit fest events
Subscribe to enjoy similar stories. Imagine a literary festival not as encounters with favourite authors or listening to fascinating debates but instead as embarrassing onstage debacles, serialised episodes of misadventures that metamorphose in the mind into a very public pillorying. With this season’s calendar of lit fests, in locations as diverse as Jaipur and Thimphu, coming to an end, my bizarre experiences at Sri Lanka’s Galle Literary Festival last month reminded me of my accident-prone run on stage.
06.03 / 10:57
markets Provident Manufacturing economy Food Trade country India's economic growth pegged at 6.5% for FY26 despite Trump tariff threat: CRISIL
CRISIL. The forecast rests on two key assumptions: the continuation of normal monsoon patterns and soft commodity prices. CRISIL expects that these factors, coupled with cooling food inflation, tax benefits outlined in the Union Budget 2025-2026, and lower borrowing costs, will stimulate discretionary consumption. «India’s resilience is being tested again. Over the past few years, we have built a few safe harbours against exogenous shocks — healthy economic growth, low current account deficit and external public debt, and adequate forex reserves — which provide ample policy latitude. So, while the waters can turn choppy, consumption-led rural and urban demand will be crucial to short-term growth. On the other hand, continuing investments and efficiency gains will aid in the medium term. We foresee both manufacturing and services supporting growth through fiscal 2031,» said Amish Mehta, Managing Director and CEO of CRISIL.
06.03 / 04:19
MET Man Career Sustainability Food Relationships Rs 5,000 crore man washed utensils at home while his ex-SBI wife cooked food. It was their happy marriage secret
Dr. A Velumani, the founder of Thyrocare, recently shared his perspective on two types of individuals—those who learn to cook and those who dismiss it as a waste of time. According to him, the first group enjoys stronger relationships and a happier married life, while the latter, even if they marry into wealth, often struggles with sustaining relationships. In a heartfelt tribute on X, he honored his late wife, Sumathi Velumani, for her dedication to nurturing both their families. Reflecting on her impact, he emphasised the importance of cooking as a life skill, especially in households with annual incomes ranging from ₹5 to ₹25 lakh. He also suggested that parents who fail to teach their children how to cook might regret it later, as food plays a vital role in forming emotional connections.
05.03 / 20:37
markets Action Food Death Trade President War Canada won't scrap tariffs unless all U.S. levies are lifted, official says
Prime Minister Justin Trudeau is not open to lifting Canada’s full package of retaliatory tariffs if United States President Donald Trump leaves any tariffs on Canada in place, according to a senior Canadian government official.
05.03 / 18:05
markets Netflix Food DISH love show reports Meghan Markle’s basic one-pan pasta recipe roasted by Netflix viewers, critics say, ‘That’s Not Food, That’s Punishment’
Meghan Markle’s new Netflix series, With Love, Meghan, is already making waves—but not for the reasons she hoped. A simple and unconventional one-pan pasta dish she shared on the show has received harsh criticism, with viewers questioning her cooking abilities and calling the meal downright unappetizing. Netflix users make fun of Meghan Markle for her «basic» one-pan pasta dish.
05.03 / 17:45
markets Action Food Death Trade President War Canada Won't Scrap Tariffs Unless All US Levies Are Lifted, Official Says
(Bloomberg) — Prime Minister Justin Trudeau is not open to lifting Canada’s full package of retaliatory tariffs if US President Donald Trump leaves any tariffs on Canada in place, according to a senior Canadian government official.
05.03 / 14:45
UPS Waves Netflix Food love show Did Meghan Markle bend the truth in her Netflix docuseries? Estranged half-brother speaks out, 'we weren’t poor...'
With Love, Meghan has sparked a fresh wave of controversy — and this time, it's her own family calling her out. The Duchess of Sussex's estranged half-brother, Thomas Markle Jr., is accusing Meghan of fabricating stories about her humble upbringing, branding her recollections as «malarkey.» In the eight-episode series, Meghan paints a picture of growing up glued to cooking shows and learning her way around the kitchen — a narrative Thomas Jr. claims couldn't be further from the truth. Speaking to the UK’s TalkTV, the 58-year-old dismissed the claims outright.

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