Food Financial News

28.02 / 14:51
markets Digital Software Food RAI Bank lending growth slows to 11% in January, retail loans hit
Bank lending slowed year-on-year to 11 % in January this year compared to 20 % a year ago. Loan growth has slowed across sector. Lending slowed across sectors- retail, services and agriculture in January. But lending to large industry rose 6.4 % compared to 5.7 % a year ago and medium firms rose 18.5 % compared to 10 % a year ago. Even loan against gold jewellery which is a part of banks' retail portfolio continued to spiral and rose 77 % y-o-y compared to 17 % a year ago. Non- food credit rose 12.5 % (a three-month high) as compared to 16.2 % for the corresponding fortnight of the previous year (January 26, 2024).
28.02 / 08:45
markets Food Experts consequences reports Department Are your Idlis safe? Karnataka Govt cracks down on food contamination
Karnataka Food Safety Department found that some idlis served in Bengaluru may pose serious health risks. Of the 500 samples collected from 251 hotels and roadside vendors, 51 were declared unsafe. The tests revealed the presence of carcinogenic substances, raising fears about long-term health consequences for consumers.
28.02 / 02:15
COST Provident Fallout Food country ebola USAID squeeze: Trump’s cut-back of aid is a wake-up call for India
Subscribe to enjoy similar stories. Donald Trump seems to be in a tearing hurry to make America great again.
27.02 / 13:39
Food students love Universities shock Schools Sipping away life one can at a time: Shocking study reveals how much time each soda can could steal from your lifespan
University of Michigan has uncovered that a single can of soda could cut down your lifespan by a staggering 12 minutes. With millions of Americans indulging in sugary beverages daily, this revelation is ringing alarm bells about the hidden dangers lurking in every fizzy sip.
27.02 / 13:15
markets UPS Manufacturing Food Inside rights How the humble momo became a ₹30,000 crore business
Subscribe to enjoy similar stories. New Delhi: Driving down from Delhi to nearby hills you may have made a pit stop at one of the numerous roadside eateries. You may also have ordered bite-sized steamed momos and devoured them with a fiery chilli sauce.
27.02 / 12:47
UPS Dreams Food stars Schools Interviews This star model once sold wallets on Mumbai streets and worked as a delivery boy. His struggle inspire netizens
Sahil Singh, once a street vendor selling wallets in Mumbai and delivering food and milk, always dreamed of becoming a model. Forced to drop out of school due to financial hardships, he relentlessly worked on grooming himself for the industry, despite facing multiple rejections. In a recent interview, he shared his journey of resilience, revealing how he navigated life's challenges and pursued his dreams against all odds.
27.02 / 12:21
markets Food Trade country Latin reports Relationships Canada has lost its global agricultural trading edge, RBC report says
Canada has become overly reliant on the United States for its agri-food exports over the years, which have quadrupled in value to more than $100 billion. However, the successful trade partnership — now threatened by President Donald Trump’s looming tariffs — has grown at the expense of Canada’s global competitiveness, according to a new report by the Royal Bank of Canada.
27.02 / 12:15
markets Analysis Food Nestle Trade Updates Stock market update: FMCG stocks down as market rises
Nestle India Ltd.(up 1.24%), Procter & Gamble Hygiene & Healthcare Ltd.(up 0.94%), Nakoda Group Of Industries Ltd.(up 0.84%), Mrs. Bectors Food Specialities Ltd.(up 0.83%), Euro India Fresh Foods Ltd.(up 0.72%), Honasa Consumer Ltd.(up 0.70%), Jyothy Labs Ltd.(up 0.58%), Prataap Snacks Ltd.(up 0.45%), Tata Consumer Products Ltd.(up 0.32%) and Marico Ltd.(up 0.25%) stood among the top gainers.
27.02 / 11:49
Entertainment Deloitte Food wellness beautiful reports travelers Indians to spend more on discretionary items by 2030, boosted by higher incomes
Subscribe to enjoy similar stories. NEW DELHI : Households in both rural and urban India are expected to spend more on discretionary products such as apparel, footwear, travel, and wellness by the end of the decade, driven by a doubling of per capita income by 2030 and availability of more avenues to indulge, a report by Deloitte India and Retailers Association of India (RAI) said.
27.02 / 11:49
Digital Food Research show social symptoms Decoding depression: Why it’s not just a crisis of the mind
Subscribe to enjoy similar stories. Depression is often seen as a disorder of the mind, an emotional and psychological struggle that can be managed with therapy and medication. But emerging research suggests it is far more complex.
27.02 / 11:31
markets COST UPS Citi Provident Food Maha Kumbh, a window of opportunity for gig workers and small vendors
Maha Kumbh Mela drew not just millions of spiritual seekers but also provided economic opportunity for many gig workers and small vendors, who were able to utilise the 45-day grand religious gathering as a source of livelihood by selling essentials and offering services. Mahakumbh Nagar — a makeshift city set up for the Maha Kumbh — hosted over 66 crore devotees, who came here in hope to find 'moksha' after a dip in the sacred waters of Triveni Sangam.
27.02 / 01:57
markets Provident FIVE Cooper Food Myanmar country India-Myanmar bond over food festival
U Kyaw Soe Win delivered a speech at the Mekong-Ganga Food Festival, organized by the Embassy of India in Yangon in collaboration with the Indian Women’s Association in Yangon and the Myanmar Women Entrepreneurs Network, at the Secretariat Yangon in Yangon, last week.
26.02 / 12:57
markets Citi Platform Food show social Swiggy Instamart drops non-veg food items from app on Maha Shivratri; users react on social media
Swiggy Instamart has temporarily removed all non-vegetarian items from its platform in observance of Maha Shivratri on Wednesday across several of its markets, the firm’s customers flagged on social media.
26.02 / 04:35
markets security Food President students prevention rights House Republicans pass 'big' budget blueprint, paving the way for Trump's agenda of $4.5 trillion in tax breaks and $2 trillion in cuts
House Republicans have passed a budget blueprint, a key step towards delivering a major legislative package that includes $4.5 trillion in tax breaks and $2 trillion in spending cuts. With strong backing from former President Donald Trump, the vote narrowly passed 217-215, with all Democrats and one Republican opposing it.
26.02 / 04:35
markets Provident Sustainability Food Universities RAI Exports of organic products from Uttarakhand register sharp decline: COII
Confederation of Organic Food Producers and Marketing Agencies on Tuesday expressed concern over a sharp decline of 66 per cent in exports of organic products from Uttarakhand. «Exports of organic products in Uttarakhand have fallen from 285 tonnes worth Rs 11.6 crore in 2022-23 to 97 tonnes worth Rs.4.2 crore in 2023-24, registering a sharp decrease of 66 per cent,» COII Chairman DS Rawat said, addressing a training & demonstration programme for sustainable organic export attended by over 100 farmers at Pantnagar.
26.02 / 01:37
markets UPS Gap Apple Food students reports Company Outsider: ITC’s pivot to FMCG giant has been a strategic tour de force
Subscribe to enjoy similar stories. Company Outsider is a weekly newsletter by Sundeep Khanna. Subscribe to Mint's newsletters to get them directly in your email inbox. For a student of Indian business, ITC Ltd is one of the most fascinating companies to study.
25.02 / 23:03
markets COST UPS Food Bill President reports Brace for impact: These 6 bills could skyrocket under Donald Trump's presidency
Trump administration has planned numerous policy reversals, with perhaps the most instant worry being that of tariffs contributing to increasing the cost of living, as per a report. Trump's tariffs on imports from Canada and Mexico, would set costs skyrocketing for Americans.

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