Onions worth USD 523.8 million were exported from April to December 2022, a 16.3 per cent increase on a yearly basis, Union Ministry of Commerce and Industry said on Sunday. Currently, there is no restriction or prohibition on the export of onions, and the trade policy of onions is under ‘Free’ category. Only the export […]
Food Corporation of India (FCI) has sold 18.05 lakh tonne of wheat in open market after the government decided to augment the supply of foodgrain in the markets to contain the rising wheat and wheat flour prices. Of the sold wheat at three auctions that were held so far, about 11 lakh tonne of wheat […]
Kickstarting the new year on a flavorful note, Bira 91, the world’s fastest-growing premium beer company, announced its foray into the Hard Seltzers category with the launch of ‘Grizly’ Hard Seltzer Ale. The launch comes shortly after the introduction of ‘Hill Station’ Hard Cider Ale and is part of the brand’s ambition to move beyond […]
Bisleri International, India’s leading mineral water company, has strengthened its sustainability strategy by launching ‘Bisleri Greener Promise’. The sustainability philosophy focuses on creating a greener future by reinforcing and implementing programs in recycling, water conservation and sustainability. Under the aegis of this philosophy, Bisleri International has become one of the first consumer goods companies to […]
FreshToHome, the world’s largest fully integrated online consumer brand for preservative and antibiotic-residue free fresh fish and meat, has closed USD 104 million in Series D funding with Amazon Smbhav Venture Fund leading the round. Existing investors in FreshToHome including Iron Pillar, Investcorp, Investment Corporation of Dubai (the principal investment arm of the Government of […]
India’s overall oilmeal exports so far during the current financial year – April to December – were 70 per cent higher year-on-year at around 3.3 million tonnes, data compiled by vegetable oil industry body, The Solvent Extractors’ Association of India (SEA), stated. Oilmeals are basically the residue left over after extraction of oil from oilseeds, […]
Union Agriculture Minister Narendra Singh Tomar on Sunday said that there’ll be a time when people will have money but not products to buy. Tomar was addressing the Fourth convocation ceremony of Chaudhary Charan Singh National Agricultural Marketing Institute, Jaipur (Rajasthan) and inauguration program of the Incubation Center. “There’ll be a time when people will […]
Rage Coffee and Keventers have a treat in store for all cold coffee lovers. Rage Coffee’s intensely pure caffeine and Keventers’ shakes infused in a bottle together to create the Hazelnut Cold Coffee. The new flavor, born from the collaboration of one of the fastest-growing caffeine innovation FMCG companies in India and one of the […]
Nestle India reported a 65.50 per cent increase in net profit for the fourth quarter ended 31 December 2022, at Rs 628.06 crore on Thursday. As per it’s regulatory filing, the company, which follows the January-December fiscal year, generated a net profit of Rs 379.48 crore in the same quarter previous year. In the fourth […]
Radico Khaitan reported a 22.63 per cent drop in total net profit to Rs 61.22 crore in the third quarter ended December 2022, owing to commodities prices affecting margins. Radico Khaitan reported a consolidated net profit of Rs 79.13 crore in the October-December quarter a year earlier in a regulatory filing. Its income from operations […]
