Food Financial News

06.09 / 12:44
markets Enterprise WhatsApp Food Trade Updates Stock market update: Nifty Realty index falls 0.95%
Shares of Prestige Estates Projects Ltd.(up 2.07 per cent), Brigade Enterprises Ltd.(up 1.29 per cent), Sunteck Realty Ltd.(up 0.66 per cent) and Phoenix Mills Ltd.(up 0.39 per cent) ended the day as top gainers in the pack.
06.09 / 12:25
markets WhatsApp Food Trade Updates International Stock market update: Nifty Auto index falls 1.19%
Shares of Balkrishna Industries Ltd.(up 0.55 per cent) and Hero MotoCorp Ltd.(up 0.17 per cent) ended the day as top gainers in the pack.
06.09 / 12:14
markets WhatsApp Food Trade Updates Stock market update: Nifty Bank index falls 1.74%
Shares of Au Small Finance Bank Ltd.(up 0.02 per cent) ended the day as top gainers in the pack.
06.09 / 11:33
Progressive Waters BAY Food country cover reports Food inflation to moderate, but any surprise in monsoon or floods may trigger it upwards: UBI report
Food inflation, which has moderated a bit lately is further expected to come down in the coming months, Union Bank of India noted in a report, citing progressing Southwest monsoon and sufficient water in reservoirs across regions. A rise in reservoir levels, coupled with improved sowing of kharif crops are expected to keep the supply-side concerns at bay for some time. However, the report cautioned that any negative surprise may trigger it upwards. «With at least one more month to be covered by the monsoon, any negative surprise on the monsoon front whether deficit of rain or flooding will again trigger the food price inflation on the upper side,» said the report
06.09 / 11:24
Citi Food love classical song jazz How restaurants and bars plan playlists
The first floor of Bandra Born is designed like a small Japanese bar. It features high seating, plenty of wood, and at the far end, a DJ console presided over by chef Gresham Fernandes. He plays electronic, funk, and hip-hop as drinks are poured and diners dance.
06.09 / 11:14
markets WhatsApp Food Trade Updates Stock market update: Nifty IT index falls 0.97%
Shares of Coforge Ltd.(up 1.13 per cent) and LTIMindtree Ltd.(up 0.27 per cent) ended the day as top gainers in the pack.
06.09 / 11:01
Yellow Food Research Inside innovations testing International Scientists use common yellow food dye tartrazine to make skin transparent, see internal organs inside body
tartrazine, a common food dye, can make the skin of living mice temporarily transparent. This innovative technique allows scientists to observe internal organs without invasive procedures. The research, detailed in the journal Science, marks a significant advancement in biomedical imaging. This discovery, reminiscent of HG Wells' "The Invisible Man," provides a new method to visualize internal structures effectively.
06.09 / 10:05
security Dreams Food Workday cover travelers Schools Meet Sonu, the Delhi 'delivery dad' who travels hundreds of kilometres with his son for a better future
Delhi, 23-year-old Sonu, a food delivery rider, travels hundreds of kilometres daily with his two-year-old son, Sarthak, to secure a brighter future. Despite challenging conditions, Sonu's commitment to his son's future keeps him motivated as he works over 12 hours a day on his rented Yulu bike. Originally from Bihar, Sonu took on family responsibilities early in life, working and attending school simultaneously. He came to Delhi in 2019 after marrying Nancy against their parents' wishes. Starting with a daily wage of Rs 200 as a labourer, Sonu then became a security guard before settling into his current job as a delivery rider for the past three years. Earlier this year, Nancy returned to her hometown, handing over young Sarthak to Sonu's care. Sonu's daily routine is filled with challenges as he balances his role as a delivery rider and a father. Every kilometre covered on his Yulu bike brings him one step closer to his goal of ensuring his son has a better future.
06.09 / 08:34
Digital Progressive Manufacturing economy Remark Food reports RBI governor Shaktikanta Das stresses need to complete 'last mile' in disinflation to maintain credibility
Shaktikanta Das has emphasized the importance of addressing the 'last mile' in disinflation, a critical step in reducing inflation further. Speaking at a conference organized by FICCI and IBA, Das noted that while progress has been made, the central bank must successfully navigate this final stretch to uphold the credibility of India's monetary policy framework. Das's comments are interpreted as a signal that the RBI might maintain its current interest rates longer than anticipated before considering a shift in its monetary policy stance. In earlier remarks, he had highlighted the challenges of managing inflation, particularly due to persistent food price hikes. He likened inflation to an «elephant in the room,» explaining that although the elephant had left for a walk, the RBI's goal was to ensure it returned to the forest permanently. Also Read: Lower Q1 GDP numbers a blip, no letup in growth, says RBI Governor Shaktikanta Das
06.09 / 04:25
UPS Digital Action Food reports DTC and staples snapped up, FMCG cos are gunning for snacks now
FMCG sector. Britannia is reportedly in talks to acquire Guwahati-based snacks maker Kishlay Foods. Last year, ITC acquired healthy snacks brand Yoga Bar and there have been reports of some of the leading FMCG players considering buyouts of some snack companies.
06.09 / 02:26
markets IPO Booking CEO Food show Latin Swiggy packs an IPO lunch for Instamart
SoftBank, which had booked profits in recent IPOs of Ola Electric, Firstcry and Unicommerce, is expected to stay put, the person said on the condition of anonymity. The IPO, one of the most anticipated this year, is expected to open in November. Norwest and Prosus are among the early investors in Swiggy.
05.09 / 16:13
UPS Waters Food Celebrity Inside recommendations Ganesh Chaturthi 2024 fasting: Essential Dos and Don'ts to follow
Lord Ganesha, who is believed to remove obstacles from his devotees' lives. Daily worship rituals for Lord Ganesha are central to the celebrations. If you are bringing Bappa home, it’s important to follow some rituals. From September 7 to September 17, devotees should not skip the daily puja rituals. Each day, wake up early, take a bath, and wear clean clothes. Before eating, offer Ganpati Bappa fresh flowers, light a diya in front of him, chant a few mantras, and present him with Modak. Keep the worship area uncluttered, and ensure that the prasad is offered to Lord Ganesha before anyone else.
05.09 / 15:50
Cooper CEO security Sustainability Food Trade innovations Suresh Prabhu nominated to World Agriculture Forum Board
Suresh Prabhu on Thursday nominated to the World Agriculture Forum (WAF) Board. In a communication, Rudy Rabbinge, Chairman of WAF Board, said that Prabhu's expertise would be invaluable to the discussions that shape the future of the agri sector. «Given your role and respected position in the global food and agriculture arena, I believe you would be invaluable to the WAF Board. Your insights and experience could greatly contribute to the forum's objectives,» he said. The forum aims to function as a global body dedicated to advancing agricultural development on a worldwide scale.
05.09 / 14:20
Food Research Coronavirus pandemic Virus outbreak Covid scientist warns the world of deadly virus found in two animals in China
Nature has shed light on the potential dangers posed by animals farmed for fur, food, or traditional medicine. Species such as raccoon dogs, mink, and muskrats, which are commonly farmed for their fur, have been found to harbor numerous viruses, some of which could pose significant risks to human health. The study's findings suggest that these animals could serve as reservoirs for emerging pathogens, potentially sparking new pandemics. Researchers collected samples from 461 individual animals found dead due to disease on fur farms across China between 2021 and 2024. These animals included minks, raccoon dogs, foxes, guinea pigs, and rabbits. The team examined tissues from the lungs, intestines, and other organs of these animals, searching for viral pathogens. Their investigation revealed a startling 125 different viruses, 36 of which were novel. Even more concerning was that 39 of these viruses were classified as high-risk, meaning they had the potential for cross-species transmission, including to humans. Among the viruses detected, several types of influenza A virus were found in guinea pigs, minks, and muskrats, including H1N2, H5N6, and H6N2. Additionally, multiple coronaviruses were identified, expanding the known host range of these viruses. Seven different species of coronaviruses were detected though none were closely related to SARS-CoV-2, which causes Covid.
05.09 / 13:11
UPS Provident Waves Digital Food stars Features Last day of appliances festival sale on Amazon: Huge discounts up to 56% on refrigerators, washing machines and more
2. Samsung 215 L, 5 Star, Digital Inverter, Direct-Cool Single Door RefrigeratorThe Samsung 215 L Direct-Cool Refrigerator offers impressive energy efficiency with a 5-star rating, perfect for small families.
05.09 / 12:57
UPS Citi Career Food students Diversity Schools Behind the nonprofit helping a diverse new generation of culinary professionals heat up New York
The Food Education Fund seeks to diversify the culinary world and better mentor its next generation through hands-on experiences for low-income students of color at ten high schools
05.09 / 12:19
markets Waters Food community DISH The wild foods of Maharashtra
shevala (dragon stalk yam) a wild stalk is made into a meaty, spicy curry and phodshi (safed mulshi), a wild grass, cooked with coarsely ground chana dal into a delectable sabzi. Both dishes are family favourites, the recipes for which are culinary heirlooms, passed down through generations. “We wait the whole year for these vegetables to show up in the market.
05.09 / 09:06
UPS WhatsApp Food Trade show reports Share price of Varun Beverages jumps as Sensex drops 109.03 points
Varun Beverages Ltd. gained 0.23 per cent to Rs 1526.0 at 01:59PM (IST) in Thursday's trade. The scrip hit a high of Rs 1532.45 and low of Rs 1506.5 so far during the session. The stock had closed at Rs 1522.35 in the previous session. The counter had a total traded volume of 01:59PM shares so far with a turnover of Rs 4.24 crore on BSE. The stock traded at a price-to-earnings multiple of 81.67 and a price-to-book ratio of 23.16.
05.09 / 06:10
markets UPS Digital Food wellness track rights Gurmeet Chadha continues to be positive on 4 auto component stocks; here’s why
Gurmeet Chadha of Complete Circle Consultants, points out that there is news of Sona BLW buying the railway arm from Escorts Kubota and doing a QIP there. Their market share in differentiated gear is almost 55-60% in PVs and 75% in CVS. The heavy gears they make are amongst the best in class and the EV portfolio has traction motors. The BSGs also seem to be doing well. Chadha also slike Precision Camshafts that has 60% market share in camshafts. Plus, they continue to have exposure in Uno Minda and Sandhar Technologies. Which are the sectors that are not going to rotate and where there is both value and growth visibility? Gurmeet Chadha: In the correction that has happened in the market, there will be a lot of chemical names where something may not happen immediately, but the destocking probably should get over. For example, there are some APIs; the solvent prices are down, the destocking is almost done, and something may not come immediately but the US Biosecure law and one or two good quarters can re-rotate some of the good names like Aarti, Deepak, and Tata Chemicals. Soda ash prices are down.
05.09 / 05:45
Target JPMorgan Entertainment Metro Food Trade reports Zomato shares rally 8% as JPMorgan hikes target price to Rs 340
Zomato rallied 7.6% on the BSE today, reaching an intraday high of Rs 261.50, after JPMorgan raised the stock’s target price to Rs 340 from Rs 208, while maintaining an overweight rating. JPMorgan stated that Zomato is leading rapid retail consumer transformation through convenience-focused Quick Commerce. The company is expanding its presence across all metros after successfully proving the model in NCR.

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