Intercity food delivery startup, JustMyRoots, has successfully acquired The State Plate (TSP), a company specializing in non-perishable packaged food. This strategic move is part of JustMyRoots’ expansion plans to establish a strong presence in the intercity packaged food market throughout the country. TSP gained recognition through its appearance on Shark Tank India Season 1 and […]
Sugar prices in Pakistan have increased to Rs 185 per kg, with the country’s Economic Coordination Committee (ECC) asking relevant agencies to check for the hoarding and smuggling of sugar, Dawn reported. Dawn is a reputed Pakistan-based English daily. The rising wholesale rates have been providing an opportunity for various online mart and retail shop […]
The Central Advisory Committee (CAC) of the Food Safety and Standards Authority of India (FSSAI) has recommended that licenses to food business operators (FBOs) can be issued for up to five years instead of one year, FSSAI CEO G Kamala Vardhana Rao said in a statement. Kamala Vardhana Rao reviewed the status of sampling of […]
Some Indian farmers are becoming wealthy thanks to an eight-fold increase in tomato prices, but their windfall gains might not last long given that supplies are projected to increase in the coming weeks. According to data gathered by the food ministry, tomato retail prices were Rs 178 ($2.20) per kilogramme in Delhi on Sunday, up […]
India is not considering imposing any restrictions on exports of non-basmati parboiled rice, Food Secretary Sanjeev Chopra said on Tuesday. Last month, India surprised buyers by imposing a ban on the export of widely consumed non-basmati white rice, following a ban on broken rice exports last year. “There is no proposal as of now to […]
Deficient Rainfall in several parts of India may cause pulse prices to surge, adding to the burden on the masses after rising vegetable costs. With the sowing season about to end, pulses sowing have declined further and is expected to be largely lower, according to a recent report. The report Monsoon and Sowing: Update released […]
In a remarkable decision, the Indian Government has increased the onion buffer stock to five lakh metric tonnes this year, surpassing the initial procurement goal of three lakh metric tonnes. To achieve this supplementary target, the Department of Consumer Affairs has instructed the NCCF and Nafed to acquire one lakh tonnes each, while also efficiently […]
The food industry is one of the worst hit when it comes to seasonal inflation. And when tomato prices go north, it goes missing from some of the most popular dishes. For decades, the humble tomato slice has been a staple garnish of the American style burgers. But as tomatoes became expensive and the prices […]
The government on Saturday imposed a 40 per cent duty on the export of onions to check price rise and improve supplies in the domestic market till 31 December 2023. Earlier today, the Finance Ministry issued a notification stating that they have imposed a 40 per cent export duty on onions till December 31, 2023. […]
India is in talks with Russia to import wheat at a discount to surging global prices in a rare move to boost supplies and curb food inflation ahead of state and national elections next year, according to four sources. The imports would allow New Delhi to intervene more effectively in the market to drive down […]
