Food Financial News

Subscribe to enjoy similar stories. Today, the daughter came back ravenous from her geography exam and said she craved beef chilli fry. I didn’t have beef.

The long-awaited policy rate easing by the Reserve Bank of India (RBI) is finally here. With inflation cooling from recent peaks, GDP growth dipping marginally, and global central banks shifting to accommodative policies, expectations were high ahead of the latest monetary policy review. 

Ridhi Sharma learned this lesson when she embarked on her weight loss journey. Sharma, who shed 23 kg and reduced her waist size by a whopping 12 inches, shared on social media that her drastic weight loss was not possible without lifestyle changes.

Subscribe to enjoy similar stories. R.K. Shanmukham Chetty is rarely counted among India’s most celebrated finance ministers.

Donald Trump moving full steam to impose tariffs on Canada and Mexico, American consumers may soon suffer due to the high costs of everyday products.

Jeff Bezos' next big investment, you might picture space travel, AI, or renewable energy. But instead, the Amazon founder has poured $9.4 million into developing a vaccine to curb cow farts—yes, you read that right.

Subscribe to enjoy similar stories. New Delhi: Taking a leaf out of China's book on standards for agro-based disposable utensils, the government has decided to tighten regulations for food-serving utensils made from agricultural by-products by making microbial safety testing mandatory for manufacturers, two people aware of the matter said. The move assumes significance as demand for disposable food-serving utensils at social gatherings has been growing amid environmental concerns sparked by the widespread use of non-biodegradable polythene-based products.

IRCTC (Indian Railway Catering and Tourism Corporation)," the Railway Board said in a circular addressed to the chairman and managing director of IRCTC on Friday.

The national association representing Canada’s restaurants wants Ottawa’s GST/HST “holiday” made permanent amid early signs it’s helped some cash-strapped Canadians dine out more often.

Canada Minister of Energy and Natural Resources Jonathan Wilkinson discusses the potential impact of tariffs, energy exports, a U.S.-Canada energy alliance and the upcoming Canadian election.

Subscribe to enjoy similar stories. What is in a name? Apparently, everything. Or so it seems when a company decides to reinvent itself.

«We are not talking about the near-term pain that we are seeing in equity market because of the short-term headwinds that we are seeing in India,» says Manish Sonthalia, Emkay Investment Managers. Capital market stocks. So, I am assuming that Motilal Oswal is also looking good as a stock for a fund manager like you. Manish Sonthalia: See, I do not want to talk about individual companies, but suffice to say that this entire theme, because it is leveraging a lot of technology and these are somewhat annuity sort of businesses, not specifically the online broking piece, but other pieces across the spectrum. Just one name, it is across the spectrum and mind you why I am saying this is because in India's case, the financial sector is leading the real sector.

ITC has signed definitive agreements for the acquisition of Prasuma, a player in the frozen, chilled, and ready-to-cook foods space in India.

Nakoda Group Of Industries Ltd.(up 3.64%), Umang Dairies Ltd.(up 1.56%), Euro India Fresh Foods Ltd.(up 1.08%), Sheetal Cool Products Ltd.(up 1.08%), Mrs. Bectors Food Specialities Ltd.(up 0.78%), Nakoda Group Of Industries Ltd.(up 0.67%), Dangee Dums Ltd.(up 0.61%), Hatsun Agro Products Ltd.(up 0.56%), JHS Svendgaard Laboratories Ltd.(up 0.52%) and Zydus Wellness Ltd.(up 0.09%) were among the top gainers.

Reserve Bank of India's (RBI) Monrtary Policy Committee (MPC) on Friday said that the inflation has declined, supported by a favourable outlook on food and is expected to moderate in FY26, offering further relief to Indian households.

Swiggy shares continued to fall for the fourth consecutive day on Friday as investors continued to sell the stock after the company's Q3 EBITDA losses were higher than Street estimates. During the day, Swiggy stock fell up to 2.5% to Rs 379.20 on BSE. Macquarie is the biggest bear on the stock right now with the target price going as low as Rs 325. The stock had fallen below its IPO issue price of Rs 390 in the previous session before ending the day with 7% downside. Despite revenue jump of 31% year-on-year (YoY), Swiggy's Q3 loss widened to Rs 799 crore.

Zomato announced the rebranding of its parent company from «Zomato Limited» to "Eternal Limited." Following the announcement, the news quickly gained traction on social media, leaving many users puzzled about how this change would impact their favourite food delivery service. While some were disappointed with the name change, others felt that Zomato had more emotion than the new name. But what really caught attention was a hilarious name change suggestion by a lazy user.

Agro Tech Foods Limited (ATFL) has completed its acquisition of Del Monte Foods Pvt Ltd (DMFPL), it said in a stock exchange filing Thursday. ATFL and DMFPL had a combined turnover of Rs 1,300 crore in FY24, about 40% of which is on account of DMFPL, the filing said.

Subscribe to enjoy similar stories. Swiggy Ltd’s food-delivery business saw a sequential rise in its average monthly transacting users to 14.9 million in Q3FY25 from 14.7 million. This compares with the quarter-on-quarter (q-o-q) drop in Zomato Ltd’s user base to 20.5 million from 20.7 million.

Swiggy shares will be in focus on Thursday, February 6, after the company reported a consolidated loss of Rs 799 crore for the December quarter, widening from Rs 574 crore in the same period last year. However, revenue from operations for Q3FY25 stood at Rs 3,993 crore, marking a 31% increase from Rs 3,049 crore in the corresponding quarter of the previous financial year.