Food Financial News

the Five Hundred.

Shrini Viswanath, Co-Founder of Upstox, embarked on a transformative 100-day fitness journey inspired by a deeply personal milestone—becoming a father. Balancing his roles as a parent and leader of a fast-growing company, Shrini redefined his approach to health and wellness.

The U.S. Justice Department has filed a lawsuit accusing Walgreens of filling millions of prescriptions for Americans over the last decade and more without a legitimate purpose, including for dangerous amounts of opioids

Subscribe to enjoy similar stories. India’s exports declined for the second consecutive month in December, while the government is likely to undershoot its fiscal deficit aim in 2024-25. The credit-deposit ratio softened in 2024 and the work-hour debate intensified after a new remark by Larsen & Toubro's chairman.

A lawsuit filed by the Federal Trade Commission alleges that food and beverage maker PepsiCo engaged in illegal price discrimination by giving unfair price advantages to one big-box retailer

Reserve Bank of India (RBI) economists said on Friday in their latest assessment of the economy.

essential food commodities to ensure affordability to consumers and maintain a stable price regime.

Subscribe to enjoy similar stories. For a fleeting moment, the sky turns deep grey. The last wisps of peachy twilight disappear.

According to data from the Office for National Statistics today (17 January), the 0.3% monthly fall in December followed a downwardly-revised 0.1% increase in sales in November 2024, and came below economists' predictions, who expected a 0.4% rise last month, according to a poll by Reuters. Food stores sales fell 1.9% in December, with the strongest decline recorded by supermarkets. Services uplift UK economy as it swings back to 0.1% growth in November 2024 The ONS noted that sales in specialist food stores, such as butchers and bakers also dropped, followed by alcohol and to...

The problem of kids working in dangerous slaughterhouses continues to be a concern as the Labor Department announced its third agreement this week with a company in the industry agreeing to pay a penalty and reform its practices to help ensure it won’t...

Americans stepped up their spending at retail stores and restaurants last month in a clear sign that consumers are still able and willing to shop

US Food and Drug Administration (FDA) has banned the use of Red Dye No. 3 in food, beverages, and ingested medications. The synthetic colourant, also known as erythrosine, has been linked to cancer in animal studies, a connection that has prompted concern from public health advocates for over 30 years. The FDA’s decision follows increasing pressure from health organisations and a petition filed in November 2022 by multiple groups, including the Centre for Science in the Public Interest and the Environmental Working Group.

Tasty Bite Eatables Ltd.(up 4.16%), Gopal Snacks Ltd.(up 4.03%), Sheetal Cool Products Ltd.(up 3.27%), JHS Svendgaard Laboratories Ltd.(up 2.91%), Euro India Fresh Foods Ltd.(up 2.89%), Varun Beverages Ltd.(up 2.54%), Parag Milk Foods Ltd.(up 2.25%), Godrej Consumer Products Ltd.(up 1.85%), Dangee Dums Ltd.(up 1.75%) and Honasa Consumer Ltd.(up 1.61%) stood among the top gainers.

Subscribe to enjoy similar stories. Household Consumption Expenditure Survey (HCES) data has been making headlines for its deep dive into India’s standard of living and evolving consumption patterns. The latest HCES 2023-24 fact-sheet, released hot on the heels of the 2022-23 micro-data, offers a treasure trove of insights into shifting consumption over the past year.

Abneesh Roy, ED, Nuvama, says some benefit to boost the lower end of consumption is expected in the Union Budget. Rural consumption is doing quite well after all the stimulus programmes. So, on urban demand, the government needs to do something. Some brokerages have downgraded retail plays and even Trent to sell and there is mixed opinion out there. What would be the future of retail plays like Trent at Nuvama, which have already seen a fabulous run up? The valuations are still expensive after the current correction as well? Abneesh Roy: We are positive on Trent. We continue to have a buy and one of our top picks in the apparel space. In the near and medium term, Trent will remain in the top tier in the peer set in terms of growth. We do see a huge headroom for expansion in Zudio, in Westside, even in terms of the emerging categories like BPC, innerwear, footwear, that was around 20% of the business, and that is also growing.

Subscribe to enjoy similar stories. Bengaluru: Heads Up For Tails (HUFT) has started talks to raise $40 million from new and existing investors, three people familiar with the matter told Mint, underscoring the growth potential of the pet care sector. “The discussions are still at very early stages and depending on the deal construct, existing investors including Peak XV and Verlinvest are expected to participate in the round," one person said on condition of anonymity.

customer loyalty has become a moving target for a company, enjoying the loyalty or exclusivity of its new-age channel partners has become even tougher to achieve. Zomato and Swiggy foraying into private label food service and effectively competing with their restaurant partners is the latest instance of how this risk factor is playing out in a marketplace.

RBC Chief Economist Frances Donald explains how inflation affects average households on Making Money.

Inflation ticked up in December on the back of higher energy and food prices, the Bureau of Labor Statistics reported Wednesday.

DoubleLine Capital CEO Jeffrey Gundlach believes the Federal Reserve is missing the bigger picture again.