Fuel Up for Success: How to Build a Nourishing Rice Bowl that Keeps Working Professionals Energized!

Health & Diet

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July 13, 2023

In today’s fast-paced and demanding work environment, maintaining high energy levels throughout the day is crucial for the success of working professionals. One effective way to achieve this is by fueling up with a nourishing rice bowl. Rice bowls are versatile, customizable, and packed with essential nutrients that can provide a sustainable source of energy. In this article, we will explore the importance of a nourishing diet for working professionals, the benefits of rice bowls, and provide a step-by-step guide on how to build a delicious and energizing rice bowl that will keep you fueled and focused throughout the day.

The Importance of a Nourishing Diet for Working Professionals:

In order to perform at their best, working professionals need to prioritize their nutrition. A nourishing diet provides the body with the necessary nutrients, vitamins, and minerals to support overall health and well-being. It helps maintain stable blood sugar levels, supports brain function, enhances productivity, and boosts energy levels. However, in the midst of busy work schedules, it can be challenging to make healthy food choices.

The Benefits of Rice Bowls:

Rice bowls offer a practical and nutritious solution for working professionals. They are highly customizable, allowing individuals to cater to their personal taste preferences and dietary needs. Rice, as the base of the bowl, provides complex carbohydrates that are slowly digested, providing a steady release of energy throughout the day. Additionally, rice is gluten-free and low in fat, making it a suitable option for various dietary restrictions.

Moreover, rice bowls can be packed with a variety of vegetables, lean proteins, healthy fats, and flavorful toppings. Vegetables offer a wide range of vitamins, minerals, and fiber, while lean proteins such as grilled chicken, tofu, or beans provide essential amino acids for muscle repair and growth. Healthy fats, like avocado or nuts, contribute to satiety and support brain health. Toppings like sesame seeds, scallions, or herbs add flavor and additional nutrients to the bowl.

Building an Energizing Rice Bowl:

Building a nourishing rice bowl requires a thoughtful combination of ingredients to create a well-rounded and energizing meal. Here is a step-by-step guide to help working professionals create their own customized rice bowl:

Choose the Base: Start with a wholesome and nutritious rice variety such as brown rice, wild rice, or quinoa. These options offer more fiber, vitamins, and minerals compared to white rice.

Add Vegetables: Incorporate a generous serving of colorful vegetables into your bowl. Opt for a mix of raw and cooked vegetables to add texture and maximize nutrient intake. Examples include broccoli, bell peppers, carrots, spinach, or cherry tomatoes.

Include Lean Proteins: Select a lean protein source to boost your bowl’s nutritional value and satisfy your hunger. Grilled chicken, tofu, tempeh, shrimp, or beans are excellent options. Season proteins with herbs and spices for added flavor.

Incorporate Healthy Fats: Enhance the satiety factor and nourish your brain by including healthy fats in your rice bowl. Avocado slices, nuts, seeds, or a drizzle of olive oil are all great choices.

Add Flavorful Toppings: Sprinkle your rice bowl with flavorful toppings to elevate the taste. Sesame seeds, chopped scallions, cilantro, basil, or a squeeze of fresh lemon or lime juice can add brightness and depth to the dish.

Dressing and Sauces: Finish your rice bowl with a dressing or sauce that complements the ingredients. Consider options like soy sauce, tamari, sesame oil, balsamic vinaigrette, or homemade yogurt-based dressings.

Meal Prep Tips: To make the rice bowl preparation more convenient, consider batch cooking and preparing ingredients in advance. Pre-cook rice, chop vegetables, and marinate proteins to save time during busy workdays.

Final Thoughts:

A nourishing rice bowl is a simple yet powerful tool for working professionals to stay energized and focused throughout their demanding schedules. By combining nutrient-dense ingredients such as rice, vegetables, lean proteins, healthy fats, and flavorful toppings, individuals can create a personalized meal that meets their dietary needs and preferences. Moreover, the versatility and convenience of rice bowls make them a practical choice for busy professionals.

Remember, success in the workplace is not just about working hard but also taking care of oneself. Prioritizing nutrition and incorporating nourishing meals like rice bowls can have a significant impact on overall well-being and productivity. So, fuel up for success by building your own nourishing rice bowl and experience the benefits of sustained energy, mental clarity, and enhanced performance in your professional endeavors.

Janhvi Kapoor Swears By This Breakfast Item for Glowing Skin – Find Out What It Is!

Luxury

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July 13, 2023

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Maintaining radiant and flawless skin is a priority for many people, especially those in the limelight. Bollywood actress Janhvi Kapoor, known for her youthful glow, recently revealed one of her beauty secrets – incorporating ghee into her breakfast routine. Ghee, a clarified butter commonly used in Indian cuisine, has been celebrated for its numerous health benefits. Kapoor’s endorsement of ghee as a beauty ingredient has sparked interest and curiosity among her fans and beauty enthusiasts alike. In this article, we will explore the reasons behind Kapoor’s choice and delve into the potential benefits of ghee for achieving a glowing complexion. Additionally, we will provide insights into the nutritional value of ghee, its impact on skin health, and ways to incorporate it into your breakfast routine.

Understanding Ghee: A Nutritional Powerhouse:

Ghee, derived from butter, is a staple ingredient in Indian cooking and Ayurvedic medicine. It has a rich, golden color and a distinct nutty flavor. The process of making ghee involves simmering butter, which allows the milk solids to separate and leaves behind a pure and clarified fat.

Ghee is renowned for its high nutritional value. It contains vitamins A, D, E, and K, essential fatty acids, and antioxidants. These components contribute to the overall health benefits associated with ghee consumption. Moreover, ghee is lactose-free and suitable for individuals with lactose intolerance.

Ghee’s Impact on Skin Health:

Ghee’s inclusion in Janhvi Kapoor’s breakfast routine can be attributed to its potential benefits for skin health. The nutrients present in ghee play a crucial role in achieving a glowing complexion. Let’s explore how ghee can benefit the skin:

Moisturization and Hydration:

Ghee’s natural moisturizing properties make it an excellent ingredient for dry and dull skin. Its ability to deeply hydrate the skin helps restore moisture levels, resulting in a soft and supple appearance. Regular consumption of ghee may help combat dryness and promote a healthier complexion.

Vitamins and Antioxidants:

The vitamins and antioxidants found in ghee contribute to its anti-aging properties. Vitamin A, in particular, helps promote cell turnover, reducing the appearance of fine lines and wrinkles. Vitamin E acts as an antioxidant, protecting the skin from free radicals and environmental damage. These nutrients work together to maintain youthful and radiant skin.

Skin Healing and Repair:

Ghee possesses natural healing properties that can aid in the repair of damaged skin. Its fatty acid content supports the skin’s natural barrier function, allowing it to retain moisture and ward off irritants. This property makes ghee beneficial for individuals with sensitive or compromised skin.

Incorporating Ghee into Your Breakfast:

If you’re inspired by Janhvi Kapoor’s glowing complexion and want to include ghee in your breakfast routine, there are various ways to do so. Here are a few ideas:

Spread on Toast:

Substitute butter or margarine with ghee when spreading it on toast. The rich flavor of ghee adds a delicious twist to your morning meal, while the nutrients benefit your skin from within.

Ghee-Roasted Vegetables:

Drizzle ghee over roasted vegetables to enhance their flavor and nutritional value. The healthy fats in ghee facilitate the absorption of fat-soluble vitamins present in the vegetables, promoting overall skin health.

Ghee in Smoothies:

For a creamy and nutritious twist, add a spoonful of ghee to your morning smoothie. It imparts a velvety texture and imparts a subtle nutty taste. Be sure to blend it well to ensure even distribution.

Ghee in Porridge or Oatmeal:

Stirring a teaspoon of ghee into your porridge or oatmeal can elevate their taste and make them more satisfying. The added healthy fats contribute to a feeling of fullness and provide nourishment to your skin.

Other Factors for Glowing Skin:

While incorporating ghee into your breakfast routine may contribute to healthier skin, it’s essential to remember that skincare is a holistic process. Here are a few additional factors to consider for achieving a glowing complexion:

Hydration:

Drinking an adequate amount of water throughout the day is crucial for maintaining hydrated and supple skin. Hydration works in conjunction with the benefits of ghee, promoting a healthy and radiant appearance.

Balanced Diet:

A well-rounded and balanced diet that includes a variety of fruits, vegetables, lean proteins, and whole grains is essential for overall skin health. Ghee can be a valuable addition to a nutrient-rich diet, but it should not replace other essential components.

Skincare Routine:

A consistent skincare routine involving cleansing, moisturizing, and protecting your skin from the sun is vital for maintaining a healthy complexion. Ghee can complement these efforts by nourishing the skin from the inside out.

Final Thoughts:

Janhvi Kapoor’s endorsement of ghee as a breakfast item for glowing skin has shed light on the potential benefits of this traditional ingredient. Ghee’s rich nutrient profile, including vitamins, antioxidants, and healthy fats, can contribute to moisturized, youthful, and radiant skin. By incorporating ghee into your breakfast routine, whether by spreading it on toast or adding it to smoothies, you can tap into its potential benefits for skin health.

However, it’s important to remember that achieving glowing skin requires a holistic approach. Combining the consumption of ghee with other factors such as hydration, a balanced diet, and a consistent skincare routine will yield the best results. Ultimately, embracing a healthy lifestyle and paying attention to your body’s needs are key to unlocking your skin’s natural radiance.

Pizza for Breakfast? Absolutely! Discover the Delicious Masala Omelette Pizza Your Kids Will Love!

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July 13, 2023

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Pizza has always been a popular choice for lunch or dinner, but have you ever considered having it for breakfast? If you’re looking to add a fun twist to your morning routine and delight your kids with a tasty breakfast option, then the Masala Omelette Pizza is the perfect choice. This unique combination brings together the flavors of a classic omelette and the irresistible goodness of pizza, creating a dish that will leave your taste buds craving for more. In this article, we’ll explore the mouthwatering Masala Omelette Pizza and why it’s a breakfast treat your kids will love.

The Fusion of Flavors:

The Masala Omelette Pizza is a delightful fusion of two beloved dishes – omelette and pizza. The omelette provides a fluffy, protein-rich base, while the pizza toppings add a burst of flavors and textures. The combination of spices, vegetables, and cheese creates a mouthwatering medley that will excite your taste buds. This unique fusion is what makes this breakfast pizza so special and appealing to kids.

A Nutritious Breakfast Option:

One of the great advantages of the Masala Omelette Pizza is that it offers a balanced and nutritious breakfast option for your kids. Eggs, the main ingredient of the omelette, are an excellent source of protein and essential nutrients. They provide a steady and sustained energy release, keeping your kids fueled throughout the day. The addition of vegetables like bell peppers, onions, tomatoes, and mushrooms adds vitamins, minerals, and dietary fiber to the dish. With the right choice of ingredients, this breakfast pizza can be a wholesome and satisfying meal for your children.

Customizable and Creative:

Another reason why the Masala Omelette Pizza is a hit with kids is its customizable nature. You can get creative with the toppings and let your children choose their favorites. From classic options like cheese, pepperoni, and olives to more adventurous choices like spinach, feta, or even leftover chicken from last night’s dinner, the possibilities are endless. By involving your kids in the preparation process, you can make breakfast a fun and interactive experience, allowing them to express their creativity and develop a love for cooking.

Quick and Easy to Prepare:

Mornings can be hectic, especially when you’re trying to get your kids ready for school. The good news is that the Masala Omelette Pizza is quick and easy to prepare, making it an ideal breakfast option for busy mornings. The omelette base cooks up in just a few minutes, and you can pre-chop the toppings the night before to save time. With minimal effort, you can have a delicious and satisfying breakfast on the table in no time.

A Versatile Dish:

While we’ve been discussing the Masala Omelette Pizza as a breakfast option, it’s worth mentioning that it can also be enjoyed at any time of the day. Whether it’s a weekend brunch or a quick dinner, this versatile dish can be adapted to suit different occasions. Its versatility makes it a go-to recipe for days when you’re looking for a quick and tasty meal.

Final Thoughts:

Pizza for breakfast may seem unconventional, but the Masala Omelette Pizza is a delightful exception. This fusion of flavors, nutrition, and customization options makes it an irresistible breakfast treat for kids. With its balanced combination of eggs, vegetables, and cheese, it offers a nutritious and satisfying start to the day. Moreover, its quick and easy preparation makes it a convenient choice for busy mornings. So, why not break the breakfast monotony and surprise your kids with a delicious Masala Omelette Pizza? It’s a guaranteed way to put a smile on their faces and make breakfast time a memorable experience.

SupplyNote secures $2.25 Million in funding to drive innovation in restaurant supply chain management

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July 12, 2023

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Adcount Technologies, the company that oversees the operations of SupplyNote, a startup specializing in restaurant supply chain management, recently secured $2.25 million in funding during its Series A round.

Venture Catalysts and Artesian took the lead in the funding round, joined by notable investors such as Sattva Family Office, WFC, LetsVenture, Soonicorn Ventures, Cogniphy, SucSEED Indovation, SOSV, and DSP Family Office. With the completion of this recent round, Adcount Technologies has now accumulated a total capital of $5 million.

The forthcoming funding will provide the necessary resources to kickstart the initial stage of the company’s global expansion, focusing primarily on the MENA and Southeast Asia regions.

Established in 2019, SupplyNote is a dynamic startup founded by Kushang, Abhishek Verma, Nitin Prakash, and Harshit Mittal. This forward-thinking company has built its foundation on three robust business verticals. Firstly, they offer a state-of-the-art Software-as-a-Service (SaaS) solution, specifically designed for large restaurants to streamline their inventory management processes. Additionally, SupplyNote provides comprehensive fulfillment services that cater to the unique requirements of large restaurants. Building upon their success, the company has recently ventured into a new domain by launching a marketplace tailored for small restaurants, aiming to support and empower these businesses.

Through its SaaS vertical, SupplyNote specializes in providing services to chain restaurants classified by the National Restaurant Association of India (NRAI) that operate with more than three outlets.

Kushang, the CEO and Co-Founder of Adcount Technologies, highlighted that SupplyNote plays a pivotal role in enabling annual purchases worth $100 million in India.

Additionally, the CEO also mentioned that Vyap, the B2B marketplace, facilitates procurement worth $2.25 million specifically in Noida and Greater Noida. Furthermore, SupplyLink, the supply chain management division, effectively oversees goods valued at $5 million across 42 cities throughout India.

Among its clientele, SupplyNote proudly serves renowned establishments such as Naturals Ice Cream, Biryani By Kilo, Bikkgane Biryani, Caterspoint, Burgrill, and Ironhill Brewery.

“These figures are set to skyrocket in the upcoming months. Looking ahead, our ambitious 18-month targets include facilitating $1.2 Bn worth of purchases via SupplyNote, achieving $25 Mn in annual recurring revenue (ARR) with Vyap, and distributing goods worth $150 Mn through SupplyLink,” said Kushang.

As of now, Adcount asserts that it possesses a network comprising 5,000 outlets spanning across 86 cities. The startup has announced its ambition to expand its presence even further and aims to achieve a total of 30,000 F&B outlets worldwide by the conclusion of the fiscal year 2025.

“We feel SupplyNote is a prudent investment due to its innovative approach to streamlining inventory management, order placement, and sales analytics. Its cloud-based suite is revolutionizing inventory management and improving the overall performance of businesses,” said CA Vijay Singh Rathore, Co-Founder of Soonicorn Ventures.

Apoorva Sharma, Co-Founder and President of Venture Catalysts, added, “The remarkable traction they’ve received from renowned clients like CureFoods, Biryani By Kilo and Swiggy Kitchen underscores their market credibility and readiness for exponential growth.”

According to a report, as of 2022, India’s food service market was valued at $41.1 billion, and it is projected to reach $79.65 billion by 2028. SupplyNote, a company receiving funding, operates in this thriving market. In the competitive landscape, SupplyNote’s primary rival is Hyperpure, Zomato’s business-to-business (B2B) supply division that specializes in providing restaurants with fresh and packaged products.

Adcount’s recent funding round coincides with a notable trend of supply chain management startups securing funding in recent months. This includes companies such as FourKites, Magma, and Wheelocity, who have successfully attracted investment to support their operations and growth.

Indian market sees resurgence of traditional gin brands, surpassing craft gins

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July 12, 2023

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Bombay Sapphire gin (Representative Image)

According to industry executives, in 2022, traditional gin brands owned by large companies reclaimed their market share, which had been disrupted by the rise of small, locally-made batches of gin, particularly from Goa, in the past three years. While both big and small brands experienced sales growth in double digits, Bombay Sapphire, Jaisalmer, Beefeater, and Big Ben surpassed craft gin brands by more than doubling their sales, as stated in the latest IWSR Drinks Market Analysis report. Additionally, newer players such as Samsara, Hapusa, and Stranger & Sons saw their sales rise by 50-70 percent.

“While startups surely helped in popularising the gin category, consumers turned to established companies which have better infrastructure, production capabilities and quality control,” said Amar Sinha, Chief Operating Officer, Radico Khaitan.

In 2022, the sales of Radio Khaitan’s Jaisalmer brand experienced an impressive surge of 400 percent.

To take advantage of the increasing demand for the white spirit, the company recently introduced a new semi-premium gin called “Happiness in a Bottle.” This launch occurred last week.

“We had to triple our production capacity due to increased demand,” said Sinha.

In 2022, Bombay Sapphire gin, which is owned by Bacardi, experienced a remarkable surge in sales, recording a growth rate of 196 percent. This impressive performance allowed Bombay Sapphire to reclaim its leading position, surpassing Greater Than, one of India’s pioneering artisanal gin brands. As the gin market gained momentum, mainstream companies began to enter the scene through various means, including acquiring startups or establishing their own gin brands.

A notable example is United Spirits, the largest alcoholic beverages company in India, which acquired a minority stake in Nao Spirits in March of the previous year. Similarly, Tilaknagar Industries agreed to acquire a 10 percent stake in Spaceman Spirits Lab, the parent company of Samsara. These strategic moves demonstrated the interest of established companies in the craft gin sector.

In addition, major local distillers also dipped their toes into the craft gin market with notable offerings. Amrut Nilgiris gin and Malhar, produced by John Distilleries, are among the recent additions to the portfolio of craft gins introduced by these prominent distillers. This trend indicates the growing importance of the craft gin segment and the willingness of established players to explore and expand their presence within it.

Although the IWSR declined to provide specific details regarding company market share or growth, it acknowledged that the Indian gin category has undergone significant transformations in the last five years. These changes were primarily expedited by the Covid-19 lockdowns rather than solely initiated by them.

“In 2018 it was almost all value-priced and low-priced IMFL (Indian-made foreign liquor), with domestic craft gins very much in their infancy, and imports only 2 per cent of consumption. Demand for both has exploded, doubling in 2022 alone, and now the split of imports to local products is 60:40. Inevitably, more and more brands are now available in India,” said Jason Holway, market analyst, IWSR, adding that cocktail culture, both at home and out of home, has upgraded, with overall gin consumption still below 2018 level. For many years, IMFL gin brands in the value segment (INR 240-900) such as Original Choice and Blue Riband dominated the gin market in the country. However, over the past few years, their demand shrunk as consumers traded up for pricier brands.

AB InBev strengthens Belgian operations with €31 Million investment in brewery infrastructure

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July 12, 2023

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AB InBev, a multinational beverage and brewing corporation, recently announced a substantial investment of €31 million to enhance technological infrastructure across its breweries located in the Flemish-Brabant region of Belgium.

AB InBev has a workforce of over 2,000 individuals dedicated to the operations of their breweries and distribution centers situated in the Sint-Pieters-Leeuw, Hoegaarden, and Leuven regions.

The beverage giant has stated that the infusion of funds will support the expansion of its range of non-alcoholic beers, enhance bottling capacities, and streamline the development of a new de-alcoholizing system for its Corona Cero offering.

Corona Cero – which launched last year – offers the classic taste of Corona, but has 0.0% ABV and is brewed with 100% natural ingredients.

Corona Cero is among the seven non-alcoholic beers crafted by AB InBev in Belgium, which includes selections from well-known local brands such as Hoegaarden and Leffe. AB InBev acknowledges that numerous non-alcoholic brewing techniques employed by its brewers originated in Belgium, particularly at their Global Innovation and Technology Center (GITEC) in Leuven.

David De Schutter, Global VP, GITEC, said, “The no-alcohol beers of today are much different from what was available years ago. The innovative methods and technology developed by our brewers and researchers are creating the next generation of refreshing, great tasting, no-alcohol beers for people to enjoy on any occasion.”

Last year, AB InBev also launched Corona Sunbrew 0.0%, the “world’s first” non-alcoholic beer to contain vitamin D. Each 330ml bottle contains 30% of the daily recommended amount of vitamin D and 60 calories.

7-Eleven celebrates 96th anniversary with complimentary slurpees and new flavors on ‘Slurpee Day’

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July 12, 2023

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7-Eleven, a convenience store chain headquartered in Texas, has announced an exciting treat for its customers on 7th July 2023 to commemorate its 96th anniversary. This special day, widely recognized as ‘Slurpee Day’ and ‘7-Eleven Day,’ will feature complimentary Slurpees for all visitors. Additionally, as part of their loyalty program, the chain is granting two additional free Slurpees to its VIP customers who have accumulated the maximum points on the store’s mobile app.

On this day annually, the company generously provides a complimentary 12-ounce (355ml) slurpee, allowing consumers to select their preferred flavor from 11am to 7pm. This partially frozen beverage, consisting of finely crushed ice crystals, is accessible in 34 different flavors throughout America. Among these options, there is an exclusive and limited-edition flavor called ‘What the Fanta,’ created specifically for Slurpee Day.

As part of this year’s Slurpee Day festivities, 7-Eleven has introduced four fresh flavors that can only be enjoyed today. These exclusive additions include Sprite Lymonade Legacy, Summertime Citrus, Fanta Dragon Fruit Zero Sugar, and Hibiscus Lemonade.

In addition to the complimentary slurpees, the chain is also providing irresistible $1 deals on beloved snacks such as hot dogs and pizza slices. It’s an opportunity for customers to enjoy their favorite treats at an incredibly affordable price.

However, this offer will be valid only in the chain’s stores located in the United States and Canada, where the American style of writing dates is followed, with the month first and then the date (e.g., 7th of July or July 11th).

In line with the same rationale, the convenience store chain, as per a source from 7-Eleven India, observes the celebration of Eastern countries, including India, on November 7th (7/11), in accordance with the British style of writing dates, where the date comes before the month.

According to the media source, 7-Eleven introduced this concept in 2002 during its 75th birthday celebration and has been observing it every year since, except for 2020 when it was canceled due to the Covid-19 pandemic.

The invention of Slurpees can be traced back to 1959 when a Kansas Dairy Queen franchise accidentally discovered them. The franchise had to store its soda in a freezer as a result of a malfunctioning soda machine. Customers took a liking to the semi-frozen soda and started asking for it. Initially known as ‘Icee,’ the beverage eventually earned the name “Slurpee” due to the sound it made while being sipped.

Currently, more than 300 flavors of Slurpees are available worldwide. In the United States, the most popular flavors are Coca-Cola and Wild Cherry.

Established in 1927 as an icehouse storefront in Dallas, Texas, 7-Eleven has evolved into a renowned global brand with more than 83,000 stores spanning across 19 countries. Throughout its history, the brand has been at the forefront of innovation, introducing several industry firsts. It was the pioneer in offering coffee in to-go cups, being open 24/7, and featuring self-serve soda fountains. Presently, the convenience store chain is fully owned by Japan-based Seven and I Holdings Co. Ltd., as stated on the official corporate website of the brand.

In India, the 7-Eleven chain, owned by a Japanese company and headquartered in the United States, is operated by Reliance Retail. Initially, the Texas-based brand 7-Eleven had entered into an agreement with Kishore Biyani’s Future Group to establish a presence in the country. However, in 2021, both groups mutually terminated the agreement. As of July 2023, there are 40 7-Eleven outlets in India, with 38 located in Mumbai and two in Pune.

Pulses inflation: Crisil Ratings warns of potential price peak in 6-7 months, calls for vigilance and policy measures

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July 12, 2023

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According to Crisil Ratings, if the cobweb phenomena continues to affect pulses inflation this year, although to a lesser extent, we may witness the next peak in prices within 6 to 7 months. Furthermore, irregular weather patterns in the previous year resulted in certain production losses, which could potentially influence prices as well.

The rating agency has stated that policymakers will need to remain vigilant about the monsoon’s behavior and its impact on prices this year as well. They should then take appropriate measures to address any price pressure that may arise.

With delayed and uneven rainfall this year, the sowing of pulses has been affected, leading to potential price pressures. However, the government’s ongoing intervention through price stabilization schemes could help mitigate the intensity of the upcoming peak.

The government recently made an important decision to eliminate the 40% procurement ceiling for key pulses such as tur, urad, and masur. This significant move grants farmers the freedom to sell their entire produce without any limitations. By doing so, the government aims to motivate farmers and promote an expansion in the sown area during future cropping seasons. Additionally, the removal of the procurement ceiling facilitates improved price signaling through the announcement of Minimum Support Price (MSP), benefiting both farmers and the agricultural sector as a whole.

The cobweb pattern of growing pulses was primarily attributed to erroneous price signaling. However, recognizing the significance of addressing this issue, timely policy measures have been implemented. One such measure is the recent announcement to impose stock limits on arhar and masur, aimed at discouraging traders from hoarding supplies and ensuring stable prices. These measures serve to effectively monitor and control price spikes, contributing to a more balanced and sustainable pulse market.

ITC’s FMCG business witnesses remarkable 21% increase in annual consumer spending, reaching INR 29,000 Crore in FY22-23

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July 12, 2023

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According to ITC’s latest annual report, the FMCG business of the diversified conglomerate has experienced a notable 21 percent increase in annual consumer spending, reaching nearly INR 29,000 crore during the fiscal year 2022-23. Within the FMCG sector, ITC operates with a portfolio of 25 domestic brands.

The company calculates annual consumer spend by adding up the total amount spent by consumers on purchasing the company’s goods. This includes the net sales turnover generated by the company’s brands, as well as the channel margins and taxes associated with those sales.

“Your company’s vibrant portfolio of over 25 world-class Indian brands, largely built through an organic growth strategy in a relatively short period of time, represents an annual consumer spend of nearly INR 29,000 crore and reaches over 230 million households in India,” ITC said addressing its shareholders in the report.

This represents a growth of approximately 21 percent compared to the financial year 2021-22. According to ITC’s latest annual report, their FMCG business recorded an annual consumer spend of over INR 24,000 crore.

ITC reported that its products reached 230 million households during FY23, representing an increase from the previous fiscal year where it reached over 200 million households in FY22.

During the fiscal year 2022-23, the gross revenue generated from the sale of products and services amounted to INR 69,480.89 crore. Within this, the cigarettes business accounted for INR 28,206.83 crore, while the FMCG business contributed INR 19,122.50 crore.

ITC’s D2C platform, the ITC e-Store, is currently operational in more than 24,000 pin codes and continues to receive an outstanding response from consumers.

The company is active in the food industry, offering a range of brands including Aashirvaad, Bingo, Sunfeast, and YiPPee. Additionally, in the personal care sector, it owns brands like Fiama, Vivel, Savlon, and more.

ITC is strategically positioned to capitalize on emerging value-added sectors and future categories by harnessing the strength of its 25 established flagship brands cultivated throughout the years.

“Recent examples of such brand extensions include Aashirvaad to Dairy, Ready-to-Eat, Vermicelli, Salt and Spices; Sunfeast to Dairy Beverages and Cakes; Bingo to Namkeens; ITC Master Chef to Frozen Snacks and Cooking pastes; Classmate to Writing instruments; Savlon to Sanitisers, Wipes and Disinfectant sprays etc,” it said.

In addition to its presence in the domestic market, ITC’s FMCG business is actively expanding its global footprint, reaching over 60 countries through its export operations.

According to ITC, the personal care segment experienced a rise in inflation, resulting in a decline in demand, particularly in rural markets. However, the company observed a gradual improvement in market conditions throughout the year.

“Portfolio premiumisation, the launch of an innovative and differentiated range of products and agility in mitigating the impact of commodity inflation enabled the business to strengthen the core and grow emerging categories during the year, in spite of a challenging operating environment,” it said.

It is also setting up a personal care and home care products manufacturing unit in Uluberia, West Bengal, ITC added.

Britain’s Waitrose collaborates with Uber Eats for lightning-fast grocery deliveries

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July 12, 2023

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Waitrose, the renowned upmarket supermarket group, has recently formed a partnership with Uber Eats, the fast delivery service, to revolutionize the way customers receive their groceries. This collaboration aims to bring the convenience of shopping at Waitrose directly to shoppers’ doorsteps, with delivery times as astonishingly fast as 20 minutes.

Waitrose, a member of the employee-owned John Lewis Partnership, announced a long-term collaboration with the Uber Eats platform. Initially launched in five London stores, this partnership will gradually expand to encompass over 200 stores by the end of August.

According to market researcher NIQ, prior to the Covid-19 pandemic, online accounted for approximately 7% of the total grocery market in Britain. However, during the pandemic, its share reached a peak of around 15%. Since then, it has declined to 10.4%.

Waitrose stated that its collaboration with Uber Eats enhances its existing partnership with Deliveroo and complements its own online shopping platform.

UK supermarkets Sainsbury’s, Asda, Morrisons, the Co-op, and Iceland have already formed partnerships with Uber Eats.

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