The new rules will not be applicable to the packaged commodities meant for industrial or institutional consumers The government will make it mandatory for manufacturers of all products sold in retail to mention key details about their contents on the packaging, irrespective of how much they weigh. Currently, packaged products above 25 kg sold in […]
DMart reports a consolidated net profit of Rs 7.74 billion for the first quarter of 2024 versus Rs 6.59 billion a year earlier India’s Avenue Supermarts, the operator of the DMart retail store chain, posted a 17.5 per cent rise in first-quarter net profit. It reported a consolidated net profit of Rs 7.74 billion (92.68 […]
Monsoon progress and seasonal variations are expected to stabilise inflation rates Retail inflation in India is projected to remain below or close to 5 per cent for most of the remaining months of 2024-25, except for September, according to a report from The Economic Times. The report, authored by Soumya Kanti Ghosh, Group Chief Economic […]
LDC relaunched its Vibhor edible oil brand in India to tap into the growing B2C market With over 25 years of presence in India, Louis Dreyfus Company (LDC), a global merchant and processor of agricultural goods, announced today the relaunch of Vibhor, its consumer-facing edible oil brand in India, in line with LDC’s broader strategy […]
Rapid expansion targets over 30 new outlets and Rs 100 crore revenue by March 2025 Nothing Before Coffee (NBC), has revealed the opening of its 64th store in Pune. NBC now boasts 64 outlets nationwide, having added over 17 new locations in the second quarter of 2024 alone. Located in the Viman Nagar neighbourhood, the […]
Adds to its portfolio of luxury culinary brands with a vision to grow from 1-10 outlets in the next five years CK Israni Group reveals its exclusive partnership with Italian brand Crazy Pizza to bring the Italian dining experience to India. Chandni Nath Israni, Co-founder and MD of the group has signed an exclusive agreement […]
9 out of 10 people expressed a desire to make the switch to healthier snacking choices, 67 per cent of Indians prefer makhana and dry fruits as the go-to healthy snacks Farmley unveiled its Healthy Snacking Report 2024 at the first Indian Healthy Snacking Summit held in the national capital. Mapping the evolving consumer trends […]
The Ministry of Consumer Affairs, Food & Public Distribution said the sowing of onion crops is estimated to rise 27 per cent in the kharif (summer-sown) season The government on Friday said the availability of onion in the domestic market is comfortable and retail prices are stabilising. As reported by PTI, in a statement, the […]
A state-run tea board stated on Friday that India has recorded its lowest level of tea production in May, the lowest in more than a decade. The production has noted a downfall of more than 30 per cent from a year earlier to 90.92 million kilogrammes, news agency Reuters reported. The board, disheartened, attributed the […]
Retail prices of tomatoes among local vendors rise to Rs 70-80 per kilogram due to low supply Tomato prices have surged to Rs 80 per kg in some retail markets, up from Rs 35 a month ago, due to heavy rains in Himachal Pradesh damaging the road network and reducing supplies to major consumption centres. […]
