News for 'food industry'

BJP knocks off Congress and others, corners 6 parliamentary panels

BJP knocks off Congress and others, corners 6 parliamentary panels

Rediff.com4 Oct 2022

Opposition parties have not been given the chairmanship of any of the four key parliamentary panels including the committee on home affairs and information technology, which were with the Congress, in the latest rejig announced on Tuesday.

Will quit politics if charges against wife proved: Himanta

Will quit politics if charges against wife proved: Himanta

Rediff.com14 Sep 2023

Gogoi and Sarma have been locked in a war of words on 'X' since Wednesday on the issue of the chief minister's wife's company allegedly being given a credit subsidy of Rs 10 crore.

What's Greenwashing?

What's Greenwashing?

Rediff.com21 Apr 2023

Greenwashing is making misleading or false environment-friendly claims about a product. Consumers in India currently do not have any way of telling whether a claim is authentic or greenwashing. And one never hears of action against any company for making false claims of being environment-friendly.

Global rice markets in turmoil as India bans export of non-basmati

Global rice markets in turmoil as India bans export of non-basmati

Rediff.com3 Aug 2023

India's decision to ban the export of non-basmati white rice has pushed up global prices, prompting multilateral lending agencies, such as the International Monetary Fund (IMF), to call for a reconsideration of the move. Though nothing has been spelled out yet officially, sources said, the government might consider requests for government-to-government sale of non-basmati white rice, especially to West African nations where India is a major supplier. Also, traders and exporters of specialty regional rice varieties like sona masuri or gobindo bhog feel that they have been short-changed.

US drug shortage a shot in the arm for Indian pharmaceutical companies

US drug shortage a shot in the arm for Indian pharmaceutical companies

Rediff.com26 Jun 2023

Drug shortages in the US are at an all-time high, and price erosion has stabilised, which could benefit Indian pharmaceutical (pharma) companies with a US focus, according to analysts. Nuvama Research analysts said that US price erosion seems to have normalised to its old levels of 6-8 per cent and volumes are picking up with easing of inventory. Similarly, an ICICIdirect analyst noted: "Price erosion intensity has now moderated to a single digit and is expected to tone down a

Retail inflation likely to ease in coming months: Finance ministry

Retail inflation likely to ease in coming months: Finance ministry

Rediff.com25 Nov 2022

India's consumer price index (CPI)-based inflation could ease in the coming months thanks to the arrival of kharif crops, lower international commodity prices, and a pass through of lower input costs to consumers, the finance ministry said in its Monthly Economic Review (MER) for October, which was released on Thursday. The MER, however, warned that the global macroeconomic situation remained precarious and a recession in many advanced economies would impact India's exports. "Easing international commodity prices and new Kharif arrival are set to dampen inflationary pressures in the coming months.

'Who will prosper in Dharavi project? Locals or Adani?'

'Who will prosper in Dharavi project? Locals or Adani?'

Rediff.com15 Jul 2023

Dharavi resident advocate Sandip Katake alleged the project would be the world's biggest land scam.

Cost of living crisis biggest short-term risk: WEF

Cost of living crisis biggest short-term risk: WEF

Rediff.com11 Jan 2023

The cost of living crisis is the biggest short-term risk the world is facing, while the failure of climate mitigation and climate adaptation is the largest long-term concern, the World Economic Forum said on Wednesday. Releasing its annual Global Risks report in London ahead of its Davos summit next week, the WEF also said geopolitical rivalries and inward-looking stances will heighten economic constraints and further exacerbate both short- and long-term risks. The Global Risks 2023 report, drawing on views of over 1,200 experts, policy-makers and industry leaders from across the world, also urged countries to work together to avoid 'resource rivalries'.

Inflation seen easing in Aug, July industrial output stable

Inflation seen easing in Aug, July industrial output stable

Rediff.com10 Sep 2015

India's economy grew an historically modest 7 per cent last quarter but industrial output has generally been strong.

Will Kishore Biyani taste success in food business?

Will Kishore Biyani taste success in food business?

Rediff.com16 Oct 2014

Taking control of manufacturing will help boost profits for the food business, but it could leave the group saddled with huge debt.

'Strong American pressure to introduce GM mustard'

'Strong American pressure to introduce GM mustard'

Rediff.com14 Feb 2023

'The RSS has opposed the introduction of GM Mustard tooth and nail, but PM Modi does not give a hoot for what they think.'

Food security should not distort global agri market: EU

Food security should not distort global agri market: EU

Rediff.com4 Dec 2013

Trade ministers and diplomats from around 130 countries are participating in the four-day meeting that started on Tuesday.

Coming soon: Aam Aadmi canteens to serve healthy food @ Rs 5

Coming soon: Aam Aadmi canteens to serve healthy food @ Rs 5

Rediff.com16 Jul 2015

The canteens would come up in and around industrial areas, hospitals, educational institutions and commercial hubs.

Soaring veggie prices stoke inflation fears

Soaring veggie prices stoke inflation fears

Rediff.com12 Jul 2023

Unprecedented rains and floods in the northern region in the past few days have not only caused extensive damage to lives and property but have also impacted business and commercial establishments. Vegetable prices have gone through the roof in the national capital and many other parts of the country since rains started pouring earlier this month. Traders say vegetable prices would come down only after roads open and skies clear, even as water in the fields will take time to recede.

Branded foods take a bigger bite

Branded foods take a bigger bite

Rediff.com28 Jun 2003

Inflation cools to (-)0.9% in Jan as food prices ease

Inflation cools to (-)0.9% in Jan as food prices ease

Rediff.com15 Feb 2016

In December, the index fell a provisional 0.73 per cent.

Industrial output growth down to 0.1% in Mar

Industrial output growth down to 0.1% in Mar

Rediff.com12 May 2016

For the entire 2015-16 fiscal, the factory output grew at 2.4 per cent, down from 2.8 per cent in the previous fiscal.

Food prices may pinch during festive season: Assocham

Food prices may pinch during festive season: Assocham

Rediff.com23 Oct 2012

As a result of demand due to upcoming festivals, inflation has taken several essentials like spices, edible oil and milk out of the common man's reach, Assocham Secretary General D S Rawat said.

Will govt's move to limit use of herbicide glyphosate hit India's food security?

Will govt's move to limit use of herbicide glyphosate hit India's food security?

Rediff.com10 Jul 2020

Kerala, Punjab, Telangana and Andhra Pradesh are among the major agriculturally important states that have banned the use of glyphosate citing its adverse impact on human health.

'People think dancing around trees is easy. It's not'

'People think dancing around trees is easy. It's not'

Rediff.com27 Jan 2023

'The past one year has been a whirlwind for me. Professionally, it couldn't get any better.' 'Sadly, it was also the year I lost my father.'

Diesel price hike: Food prices may go up

Diesel price hike: Food prices may go up

Rediff.com14 Sep 2012

Last year, the country produced about 77.52 million tonnes of fruits, 149.6 million tonnes of vegetables, 104.32 million tonnes of rice and 93.90 million tonnes of wheat.

India Needs Insulation From Grey Rhinos

India Needs Insulation From Grey Rhinos

Rediff.com27 Jun 2023

India must be prepared to deal with climate disasters, geopolitical confrontations, and social strife linked to global events, asserts Jayant Sinha, chairman of Parliament's Standing Committee on Finance.

Over $100mn PE investment in food firms this year

Over $100mn PE investment in food firms this year

Rediff.com23 Aug 2011

Till the second quarter of 2011, the food sector has attracted more than $100 million investments through PEs," according to the 'Food Franchising Report 2011' brought out by Franchise India and Ficci.

Over half of NSE 500 stocks deliver 10x return in 20 years: Goldman Sachs

Over half of NSE 500 stocks deliver 10x return in 20 years: Goldman Sachs

Rediff.com13 Jun 2023

Over half, or 269 NSE 500 stocks, have given over 10-fold (10x) returns in the last two decades, finds a recent report by Goldman Sachs that analysed 10 major markets across emerging and developed markets (EM/DM) that covered 6,700 stocks. The report examined '10-baggers' - stocks that have generated at least 10x total returns within a rolling 5-year period over the past two decades. Some of the prominent ones that comprise these 269 stocks in the Indian context stocks that delivered over 10x total returns over a 5-year rolling period since 2000 as per Goldman Sachs includes Westlife Foodworld, Bharti Airtel, Adani Total Gas, Patanjali Foods, Larsen & Toubro, BEML, Blue Star, Shree Cement, Lupin, Godrej Industries, Astral, Adani Enterprises, Hindustan Petroleum and Deepak Fertilisers.

Does India's food regulator remind us of the 'inspector raj'?

Does India's food regulator remind us of the 'inspector raj'?

Rediff.com7 Sep 2015

Regulator's nod assumed more importance after the Maggi issue.

Valuation comfort remains with PSU banks despite sharp gains

Valuation comfort remains with PSU banks despite sharp gains

Rediff.com13 Mar 2023

Despite rising interest rates, and high inflation, the banking sector is doing well, on the back of a recovering economy. The last couple of quarters indicate credit demand is picking up and Return on Assets (RoA) is more than acceptable at the moment. The PSU bank pack may be more interesting at the moment simply due to being valued at far lower multiples than the private banks.

Twin blows: Inflation rises to 7.4%, factory output shrinks

Twin blows: Inflation rises to 7.4%, factory output shrinks

Rediff.com12 Oct 2022

In twin blows to Indian economic revival, higher food prices drove retail inflation to a five-month high of 7.4 per cent while factory output fell for the first time in 18 months. The second consecutive month of rise in consumer price index (CPI)-based inflation will add to the pressure on the Reserve Bank of India (RBI) to again raise interest rates to tame high prices. Inflation has been above the targeted zone for the ninth month in a row and as per statute, the RBI will now have to explain to the government in writing why it failed to keep prices below 6 per cent.

Wishes pour in as PM Modi turns 73

Wishes pour in as PM Modi turns 73

Rediff.com17 Sep 2023

The prime minister will be part of the launch of several development initiatives on his birthday.

Jayalalithaa's legacy: Industrial, social, crime rankings among India's best

Jayalalithaa's legacy: Industrial, social, crime rankings among India's best

Rediff.com7 Dec 2016

Tamil Nadu now has India's lowest fertility rate - lower than Australia, Finland and Belgium - second best infant mortality and maternal mortality rate; records among the lowest crime rates against women and children; and has more factories and provides more industrial employment than any other Indian state.

Sun Pharma's Halol facility listed under USFDA import alert

Sun Pharma's Halol facility listed under USFDA import alert

Rediff.com8 Dec 2022

Sun Pharmaceutical Industries Ltd on Thursday said its Halol facility in Gujarat has been listed under import alert by the USFDA with products manufactured at the unit now are subject to refusal of admission in the US market. The development follows an inspection of the facility by the US Food and Drug Administration (USFDA) from April 26 to May 9, 2022. "We now wish to inform you that the company has received a communication from the USFDA stating that the facility has been listed under Import Alert," Sun Pharma said in a regulatory filing.

Agri industry incurring Rs 76,500-cr annual loss

Agri industry incurring Rs 76,500-cr annual loss

Rediff.com21 Dec 2009

Despite a favourable Food Processing Policy, the industry faces problems because of lack of infrastructure facilities and highly unorganised structure of food processing units.

Diwali Recipes: Chef Brar's Coco Laddoo, Choco Karanji

Diwali Recipes: Chef Brar's Coco Laddoo, Choco Karanji

Rediff.com26 Oct 2021

Tired of making the same old sweets for Diwali? Try Chef Ranveer Brar's modern versions of karanji and laddoos

Land Acquisition Bill is not against industry: MoS

Land Acquisition Bill is not against industry: MoS

Rediff.com25 Sep 2013

Minister of State for Commerce and Industry E M Sudarsana Natchiappan said the industry should reach out to people of those areas where they propose to set up projects and explain about the advantages locals can have in terms of employment and development.

Restaurants' staff say will seek pay hike, fear tips may dwindle

Restaurants' staff say will seek pay hike, fear tips may dwindle

Rediff.com6 Jul 2022

With hotels and restaurants being barred from levying service charge, waiters, chefs and other workers are worried they will lose out on money and are planning to approach managements to seek a pay raise. They are also apprehensive that tips given by customers out of goodwill will dwindle. Uttarakhand-native Prakash Singh Koranga, 27, a chef who works at an outlet of popular franchise Moti Mahal Deluxe restaurant in south Delhi, said service charge which gets proportionally divided among the staff acts as an "extra income" and "incentive to give our best at the job".

'Biggest challenge for any actor who come from outside is...'

'Biggest challenge for any actor who come from outside is...'

Rediff.com20 Sep 2023

'...is to crack the first project.' 'If you become popular from that, it's a win-win.'

8 investing GEMS from Warren Buffet

8 investing GEMS from Warren Buffet

Rediff.com20 Feb 2013

This is what makes the legendary investor's investing philosophy a WINNER.

These Scientists Shaped India

These Scientists Shaped India

Rediff.com15 Aug 2023

I suggest we build a Vigyan Mandir (Temple of Science) with the ambience of a place of worship, so that it becomes a destination for pilgrims. We should embed on its walls bronze plaques describing each scientist mentioned here along with about a dozen of our ancient mathematicians, recommends Professor Kalyan Singhal, historian of science and technology.

Food majors hope to cash in on new Act

Food majors hope to cash in on new Act

Rediff.com7 Sep 2007

The organised food sector is expected to benefit from the Food Safety and Standards Act that comes into force by the end of this year as it will spur sales of branded products, according to industry experts.