Food Financial News
02.12 / 11:09
markets
Food
wellness
Trade
AGRO
Updates
International
Stock market update: FMCG stocks mixed as market rises
Future Consumer Ltd.(up 3.71%), Patanjali Foods Ltd.(up 2.92%), Parag Milk Foods Ltd.(up 2.53%), Varun Beverages Ltd.(up 1.78%), Dangee Dums Ltd.(up 1.70%), ADF Foods Ltd.(up 1.66%), Zydus Wellness Ltd.(up 1.57%), JHS Svendgaard Laboratories Ltd.(up 1.42%), Hatsun Agro Products Ltd.(up 1.20%) and LT Foods Ltd.(up 1.19%) stood among the top gainers.
02.12 / 06:17
01.12 / 15:13
markets
COST
economy
awards
Food
reports
Gold loans from banks surge, other personal loans see moderate rise
gold loans from banks grew more than 50% over the last one year, while all other major personal loan segments saw moderate increase amid tepid consumer demand, high inflation and tighter regulatory oversight on unsecured lending, according to latest data from Reserve Bank of India. «Consumption moderated with elevated borrowing costs and inflation eating into household budgets,» said Crisil's chief economist Dharmakirti Joshi. Growth in gold loans, or bank loans against gold jewellery--mostly taken at times of distress or during emergencies-- though make good business sense, may not reflect a happy situation from borrowers' perspective, a senior banker said.
01.12 / 11:27
UPS
FIVE
Booking
Waters
Parke
Food
Sip on Bengaluru: Cocktails inspired by the city’s scents
Subscribe to enjoy similar stories. You can see that the servers at Soka are fully invested in its complex new limited menu inspired by the scents of Bengaluru. At each table of the intimate 38-seater bar, servers take guests through the details of the five cocktails in the menu, Vāsané, which positions itself as an “olfactory archive of Bengaluru".
01.12 / 05:57
COST
UPS
Election
Food
President
inequality
Trump and Republicans in Congress eye an ambitious 100-day agenda
Republicans swept to power on Election Day and now control the House, the Senate and the White House, with plans for an ambitious 100-day agenda come January
01.12 / 04:51
01.12 / 04:27
markets
Digital
economy
Food
Experts
PAM
show
Crisil anticipates India's GDP growth to slow to 6.8% in 2024-25
According to the rating agency Crisil, the growth is weighed down by high interest rates and low fiscal impulse. «Risks are tilted toward the downside given the lacklustre second quarter growth number,» said the Crisil report.
30.11 / 17:43
markets
UPS
Manufacturing
Corning
Food
Diversity
country
Maize diversion for ethanol raises poultry feed, edible oil prices, sparking concerns for sugar industry, soybean farmers
It has, however, cast a shadow on several other sectors—it has pushed up the prices of poultry feed and cooking oils and hit the wallets of consumers and the profits of oilseed farmers.
30.11 / 13:05
COST
UPS
Art
Compilation
Food
DISH
When AI blends into the restaurant world
Subscribe to enjoy similar stories. A cook-off between artificial intelligence (AI) and a two-Michelin-starred Valencian chef drew the biggest crowd at last month’s San Sebastian Gastronomika culinary event in Spain. The auditorium packed up to the point that many attendees had to stand in the aisles and passageways.
30.11 / 04:25
Man
Food
social
information
Schools
Man, who was kidnapped and turned into labourer as a kid, reunites with family after 30 years
Singh revealed that his captors fed him just once a day and frequently subjected him to physical abuse. His circumstances changed when a compassionate individual noticed his suffering and helped him escape, dropping him off in Ghaziabad. From there, with the assistance of local police, Singh was finally able to reconnect with his family. «When along with my sister, I was returning from school, some people kidnapped us and took us to Jaisalmer, Rajasthan… I used to rear sheep and goats in the village… They used to tie me to a tree and give me food only one time in the evening… They used to beat me… A person saw me in this condition and dropped me off in Ghaziabad… Then the police station offered me help and reunited me with my family..” he told ANI.
30.11 / 04:25
markets
UPS
Digital
Strategy
Food
students
country
Italian companies have invested USD 6.5 billion in India: Lorenzo Tavazzi
European House Ambrosetti group's senior partner Lorenzo Tavazzi has said Italian companies have invested USD 6.5 billion in India, which speaks of the importance accorded to the world's fastest growing major economy, and stressed that there are a lot of opportunities for growth. Tavazzi, who heads TEHA's Scenarios and Intelligence Areas, was speaking in Mumbai on Friday after the inauguration of the Villaggio Italia exposition, being held to coincide with the port of call of Amerigo Vespucci, an Italian Navy ship used for training and supporting national diplomacy. Speaking at a panel discussion curated by top Italian news agency ANSA in connection with the ship's arrival in Mumbai, Tavazzi said Italy can help India's aspirations on the energy transition and transport fronts with its expertise in sustainable technologies and also high-speed rail. Alessandro Giuliani of SDA Bocconi Asia Center, a Mumbai-based management education institute, said that given the commonality on the food front, wherein the culinary habits of both the countries focus on usage of spices, Indian students should feel at home if they go to study in Italy.
30.11 / 02:53
UPS
Provident
Progressive
Food
rights
Sporting
chess
Viswanathan Anand is creating an academy of grandmasters
Subscribe to enjoy similar stories. One of the things that has surprised Viswanathan Anand about young chess players now is they order everything, including food, online. As a touring chess pro for about four decades, he looked forward to going out at meal times during competitions, which provided a relief from the intensity of being bent over a chess board for hours.
29.11 / 20:07
FIVE
Waters
Southern
Food
Nov
Kirklands
reports
SunFed recalls cucumbers in US, Canada due to potential salmonella contamination
Cucumbers shipped to 13 U.S. states and five Canadian provinces and organic eggs sold in 25 Costco stores in five southern U.S. states have been recalled because of potential salmonella contamination
29.11 / 15:39
Target
Food
Eurozone inflation climbs above ECB's target to 2.3% in November
According to Eurostat, the statistical office of the European Union, services remained a sticky price point, with the highest annual rate of any inflation component at 3.9%, down 0.1 percentage points from October's level. Food, alcohol and tobacco also fell by 0.1 percentage points to 2.8% while non-energy industrial goods and energy prices both increased, from 0.5% to 0.7% and -4.6% to -1.9%, respectively. ECB cuts interest rates to 3.5% amid softer inflation figures and faltering growth November's rate marked the first return to a level above the ECB's 2% target since August. ...
29.11 / 08:59
markets
Digital
Entertainment
Strategy
Food
Experts
PAM
'Prasad' in temples: SC refuses to examine plea raising food quality concerns
«We are not inclined to entertain the present petition in as much as the prayers made in the petition are within the domain of policy of the state,» the bench noted, «if the petitioner so desires, he may make an application to the appropriate authority which would be considered in accordance with law». The petitioner's counsel asserted that the PIL did not seek publicity while referring to news reports over people falling ill after the consumption of food offerings or «prasad» at various temples.
29.11 / 08:59
UPS
Manufacturing
Food
wellness
Trade
Cycling
track
Tight credit and external uncertainty to weigh on India’s growth: Sonal Varma
«And of course, we have seen profitability in some of the big manufacturing companies come down, which is also going to weigh on growth, so on the whole domestic demand contribution to growth we think will be softer than expected,» says Sonal Varma, Nomura. This 6.5% figure for Q2 GDP, is it closer to your expectation as well? Sonal Varma: We think it will be closer to the lower end of that range. So, we are expecting Q2 at 6.3%. So, slightly below consensus expectations of 6.5% and also below RBI’s forecast of 7%. I mean, in particular, in our view, we are likely to see a bigger drop in private consumption. Even fixed investment where we saw government spending pick up, our view is the private side of investment, things like construction activity indicators have been quite soft. And of course, we have seen profitability in some of the big manufacturing companies come down, which is also going to weigh on growth, so on the whole domestic demand contribution to growth we think will be softer than expected.
29.11 / 07:53
markets
COST
UPS
Digital
Food
Trade
performer
FMCG stocks have disappointed. Can the big 4 pull off a turnaround?
Subscribe to enjoy similar stories. Once considered a safe haven in times of economic turmoil, India’s fast-moving consumer goods (FMCG) sector now finds itself at a crossroads, grappling with rising competition, shifting consumer preferences, and an inflationary squeeze that threatens its stronghold on household essentials. Investors have historically seen it as a defensive sector, a bastion of stability, even during a market correction when it historically holds firm.
29.11 / 07:29
29.11 / 07:29
COST
UPS
Corning
Food
community
Universities
country
From yuck to profits: Some Zimbabwe farmers turn to maggots to survive drought and thrive
It was an alarming, even sickening, suggestion: Farmers in Zimbabwe hit hard by drought should farm maggots to feed their animals and boost their household incomes
29.11 / 06:05
markets
Food
Nestle
wellness
Trade
Updates
Stock market update: FMCG stocks down as market rises
Honasa Consumer Ltd.(up 4.70%), Nakoda Group Of Industries Ltd.(up 2.80%), Tata Consumer Products Ltd.(up 1.73%), Hindustan Unilever Ltd.(up 1.51%), Sheetal Cool Products Ltd.(up 1.24%), Emami Ltd.(up 1.19%), Euro India Fresh Foods Ltd.(up 0.97%), Zydus Wellness Ltd.(up 0.92%), Nestle India Ltd.(up 0.81%) and Patanjali Foods Ltd.(up 0.74%) were among the top gainers.
28.11 / 20:57
markets
Progressive
Fox
Food
Experts
reports
International
Source of foul smell at the International Space Station was solved; here's where the stench was coming from and how it was handled
space station is unpacked. When a Russian spacecraft docked at the International Space Station over the weekend, astronauts noticed a strange odour emanating from the spacecraft and immediately closed the hatch, only to open it again on Monday, as quoted in a report by Fox Weather. On November 21, the Progress supply mission, which brought supplies for the crew of the space station, took off from Kazakhstan's Baikonur Cosmodrome. At 9:31 a.m. ET on Saturday, the spacecraft docked at the Russian Poisk module, according to NASA. NASA claims that after opening the Progress hatch, the Roscosmos cosmonauts detected an unexpected odour and observed small droplets. The remainder of the Russian segment was sealed off, and the hatch was closed.
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