Say goodbye to bland water! Discover the jaw-dropping add-ons that turn a simple glass into a flavorful oasis

Drinks & Cocktails

By

-

June 25, 2023

Water is an essential part of our lives, and staying hydrated is crucial for maintaining good health and overall well-being. However, many people struggle to drink enough water because they find it plain and boring. Fortunately, there are numerous healthy and flavorful additions that can transform a simple glass of water into a refreshing and enjoyable oasis of taste. In this article, we will explore seven options for enhancing the flavor and nutritional value of your regular glass of water. These add-ons are not only delicious but also provide various health benefits, making hydration a more enticing and beneficial experience.

Lemon: Citrusy Refreshment with a Boost of Nutrients

Adding a slice of fresh lemon to your water not only gives it a refreshing citrusy flavor but also provides a significant boost of vitamin C, vitamin A, and potassium. Lemon water aids digestion, detoxifies the body, promotes skin health, and boosts immunity. Simply squeeze one small lemon into an eight-ounce jar of water and enjoy the zesty goodness. Consuming three-fourths of a cup of lemon juice in your water is sufficient for the day.

Ginger: Zingy Flavor and Therapeutic Benefits

Fresh ginger is a fantastic addition to your water, providing a zingy flavor along with various health benefits. Ginger has anti-inflammatory properties, aids digestion, and can help alleviate nausea and sore throat symptoms. Including 1.5 teaspoons of fresh ginger in your water per day can have significant positive effects. If you’re dealing with cholesterol or blood sugar issues, ginger water can be a savior.

Apple Cider Vinegar: Digestive Aid and Immune Booster

Mixing apple cider vinegar (ACV) with water can help increase the production of hydrochloric acid in the body, promoting digestive health and boosting immunity. ACV is also a popular addition to weight-loss diets. Add two tablespoons of apple cider vinegar to a large glass of water and enjoy its benefits. It can be consumed at any time of the day, but drinking it in the morning is particularly beneficial. Aim for 15-20 ml of ACV per day.

Seasonal Fruits: Sweet Delight and Nutritional Powerhouse

Infusing your water with seasonal fruits like watermelons, cherries, oranges, and berries can provide a delightful hint of sweetness along with essential vitamins and minerals. The quantity of fruit can be adjusted according to your preference. Fruit-infused water is not only tasty but also a great way to stay hydrated and nourished throughout the day.

Mint Leaves: Cool and Soothing with Digestive Benefits

Mint leaves are a popular ingredient for enhancing the taste of various drinks, including cocktails. By adding 5-10 mint leaves to a large jug of water, you can enjoy a refreshing minty flavor with every sip. Mint leaves help soothe stomach problems, aid digestion, and provide vitamins A, C, and antioxidants. Additionally, they possess antibacterial properties, contributing to overall health and well-being.

Cinnamon: Aromatic Water for Digestive Health

If you’re dealing with digestive problems, cinnamon is an excellent addition to your water. Adding a small stick of this spice to your water bottle can provide numerous health benefits. Cinnamon has anti-inflammatory properties, supports immunity, and aids in weight loss. Four grams of cinnamon sticks per day are sufficient to enjoy its therapeutic effects.

Cucumber: Summer Hydration and Skin Health

Cucumbers, with their high water content, make for a perfect addition to plain drinking water, especially during the summer. Adding fresh cucumber slices to your glass or jug of water not only hydrates your body but also provides essential vitamins B, K, and magnesium. Cucumber water helps protect against the heat, keeps your muscles healthy, and contributes to radiant skin. One cucumber per day is enough to enjoy its refreshing benefits.

Final Thoughts:

Drinking enough water is essential for maintaining good health, but it can often be challenging due to its plain taste. Fortunately, there are numerous healthy and flavorful add-ons that can transform your regular glass of water into a tantalizing and nutritious beverage. From the zesty tang of lemon and the soothing coolness of mint to the digestive benefits of ginger and cinnamon, these additions offer a variety of flavors and health benefits. Additionally, fruits like watermelons, cherries, oranges, and berries provide a natural sweetness and essential nutrients. By incorporating these flavorful options into your hydration routine, you can make drinking water a more enjoyable and beneficial experience.

Bid farewell to carb-withdrawal misery! Discover the ultimate strategies to conquer your cravings!

Health & Diet

By

SnackTeam

-

June 25, 2023

0

Carbohydrates, a staple in many people’s diets, can have a significant impact on our bodies and brains. When we consume carbs regularly, our bodies become accustomed to their presence and rely on them for energy. However, when we decide to reduce or eliminate carbohydrates from our diet, we may experience what is commonly known as carb-withdrawal misery.

What is Carb-Withdrawal?

Carb-withdrawal refers to the physical and psychological symptoms that can arise when we significantly reduce or remove carbohydrates from our diet. These symptoms can vary from person to person but often include cravings, mood swings, fatigue, and difficulty concentrating. Understanding the science behind carb withdrawal can help us develop strategies to conquer our cravings and overcome the associated misery.

Why Does Carb-Withdrawal Cause Misery?

Carbohydrates play a crucial role in our brain’s functioning. When we consume carbs, they are broken down into glucose, which serves as the primary fuel for our brains. As our bodies adapt to lower carbohydrate intake, it takes time for our brains to adjust to using alternative fuel sources like fat. This transition can lead to temporary imbalances in neurotransmitters and blood sugar levels, resulting in cravings and discomfort.

The Importance of Conquering Carb Cravings

Conquering carb cravings is essential for maintaining a healthy lifestyle and achieving our health goals. Unmanaged carb cravings can lead to overconsumption of unhealthy foods, weight gain, and an increased risk of chronic diseases such as diabetes and cardiovascular conditions. By understanding the strategies to conquer these cravings, we can bid farewell to carb-withdrawal misery and pave the way for a healthier and happier life.

Strategies to Conquer Carb Cravings

Conquering carb cravings requires a multifaceted approach that addresses both the physical and psychological aspects of carb withdrawal. By implementing the following strategies, individuals can minimize their misery and successfully transition to a carb-free or low-carb lifestyle.

Gradual Reduction Method:

Gradually reducing carbohydrate intake is a commonly recommended strategy to minimize the intensity of carb-withdrawal symptoms. Setting realistic goals, replacing carbs with healthier alternatives, and monitoring progress can make the transition more manageable.

Setting Realistic Goals: Start by setting achievable goals for reducing carbohydrate intake. This approach allows for a smoother transition and prevents sudden deprivation, which can intensify cravings.

Replacing Carbs with Healthier Alternatives: Instead of eliminating carbohydrates, replace them with healthier options like vegetables, fruits, and whole grains. These alternatives provide essential nutrients while reducing the impact on blood sugar levels.

Monitoring and Celebrating Progress: Keep track of progress by maintaining a food diary or using mobile apps that track macronutrient intake. Celebrate small victories along the way to stay motivated and encouraged.

Nutritional Support

Optimizing nutrition plays a crucial role in managing carb cravings and supporting overall well-being.

Balancing Macronutrients: Ensure meals contain a balance of protein, healthy fats, and complex carbohydrates. This balance helps stabilize blood sugar levels and prevents drastic fluctuations that contribute to cravings.

Incorporating Protein and Healthy Fats: Protein and healthy fats provide satiety and help regulate hunger. Including sources such as lean meats, fish, eggs, nuts, and avocados in meals can reduce cravings and provide sustained energy.

Nutritional Supplements: Some individuals may benefit from supplements such as omega-3 fatty acids, magnesium, or chromium, which have been associated with reduced cravings and improved mood. However, it is important to consult a healthcare professional before starting any supplementation.

Coping with Carb-Withdrawal Symptoms

Implementing specific strategies to cope with carb-withdrawal symptoms can make the journey more bearable.

Hydrating Properly: Drinking enough water throughout the day helps maintain hydration and can reduce cravings. Often, we mistake thirst for hunger or carb cravings, so staying well-hydrated is essential.

Managing Energy Levels and Fatigue: Prioritize restorative sleep and manage energy levels by incorporating small, balanced meals throughout the day. Avoid long periods without eating, as this can trigger cravings due to low blood sugar levels.

Implementing Stress-Relief Techniques: Find healthy ways to manage stress and reduce its impact on carb cravings. This can include activities such as yoga, journaling, listening to music, or engaging in hobbies that promote relaxation.

Final Thoughts:

Conquering carb cravings requires dedication, patience, and a comprehensive approach that addresses both the physical and psychological aspects of carb withdrawal. By understanding the science behind carb withdrawal, recognizing symptoms, and implementing strategies such as gradual reduction, mindset techniques, nutritional support, exercise, social support, and coping strategies, individuals can bid farewell to carb-withdrawal misery and embrace a healthier, low-carb lifestyle.

As each person’s journey is unique, it is important to find what strategies work best for oneself and seek professional guidance when needed. By celebrating personal achievements, maintaining a balanced and sustainable lifestyle, and inspiring others on the journey to carb-withdrawal freedom, individuals can create a lasting change that supports their overall well-being and health. So, let’s conquer our cravings and embark on a carb-withdrawal-free life!

Trunativ unveils WHO-approved sugar replacer, redefining healthy sweetness

News

By

SnackTeam

-

June 24, 2023

0

Having the second highest diabetes prevalence in India, surpassed only by China, clearly suggests that the Indian population has a fondness for indulging in sweet treats, leading to various health issues. However, the existence of natural sweeteners that don’t adversely affect one’s well-being is a blessing for such a community.

Trunativ, an innovative frontrunner in the wellness sector, is thrilled to introduce its ground-breaking natural sugar substitute, ‘Everyday Sweet.’ This remarkable product presents a healthier substitute to conventional sugar consumption, addressing the increasing desire for more nutritious food choices among individuals committed to their well-being.

Trunativ Everyday Sweet has all the natural sweetness of sugar. A unique combination of 100% Monk Fruit extract and Erythritol, this is the best kind of “something sweet” to have on all levels: aftertaste, glycemic response, caloric content, and sweetness! Erythritol and Monk fruit have been deemed safe to use by WHO. The product comes with No Insulin Spiking and is completely diabetic & vegan-friendly. It has near zero calories and will also reduce your sweet cravings, making it an ideal choice for individuals looking to reduce their sugar intake while still enjoying the sweet taste they love.

Trunativ Everyday Sweet stands out from other sugar substitutes in the market by offering a remarkable combination of taste and texture. It effortlessly blends into various food and beverage applications, making it an excellent choice for a diverse array of products, such as baked goods, beverages, desserts, and more. With Trunativ Everyday Sweet, consumers can now savor their beloved treats without feeling guilty about consuming excessive sugar.

DrinkPrime earns Trailblazer title at Dun & Bradstreet Startup50 awards, sets new standard for water purifier industry

News

By

SnackTeam

-

June 24, 2023

0

DrinkPrime, a renowned player in the subscription-based IoT-enabled personalized water purifier industry, has achieved a significant feat by earning the title of Trailblazer in the esteemed Dun & Bradstreet Startup50 Trailblazer awards. This prestigious accolade not only acknowledges DrinkPrime’s immense potential but also highlights the vital role that startups play in driving the growth of the Indian economy. It emphasizes DrinkPrime’s position as a dynamic and rapidly evolving disruptor in the long-established water purifier market spanning three decades. Furthermore, the award recognizes DrinkPrime’s unwavering dedication to delivering a seamless and convenient solution to meet the drinking water needs of consumers.

Dun & Bradstreet, through its meticulous screening process, identifies companies with remarkable business acumen and promising growth prospects. Recently, the “LEAP India Startup Summit,” organized by Dun & Bradstreet in Bengaluru, revolved around the theme of “Unlocking India’s True Potential” and recognized the significant role that startups play in the Indian economy. This summit served as a platform to acknowledge and celebrate the importance of startups and their contribution to driving economic growth in India.

DrinkPrime demonstrates its market potential and execution prowess by consistently acquiring over 4000 new subscribers each month. Leveraging the power of Internet of Things (IoT) technology, DrinkPrime is making significant strides towards its mission of ensuring access to clean, safe, and healthy drinking water for everyone. This recognition underscores the company’s promising prospects for future expansion and highlights its substantial impact on the water purifier market.

DrinkPrime was established to tackle the issue of obtaining clean and safe drinking water. They recognized that a significant portion of the water sold in plastic cans is unsuitable for consumption, and fewer than 10% of Indians own a water purifier. Motivated by the scale of the problem, DrinkPrime began their mission seven years ago. Today, they serve over one lakh users across seven cities, ensuring they have reliable access to clean and safe drinking water.

DrinkPrime’s Co-founder and COO, Manas Ranjan Hota, said, “A big thanks to Dun & Bradstreet for the recognition. While our subscribers are our primary motivation to wake up every day and work towards our mission of providing safe drinking water access to all, the recognition we receive from different platforms confirms our impact on the lives of the 1 lakh+ people we serve every day. The team and I are looking forward to the day we make safe drinking water accessible to 1 million households.

Dun & Bradstreet acknowledged the unwavering commitment of DrinkPrime to utilizing IoT as a key driver in reaching its goals and fostering a positive impact on the lives of people throughout the nation. By gaining over 4,000 subscribers per month, DrinkPrime, a Bengaluru-based firm, continues to make significant progress in this domain. Successfully achieving its objective, DrinkPrime aims to provide everyone with access to clean, safe, and healthy drinking water.

Nestlé’s Tivall teams up with Israeli faux meat start-up More Foods to innovate vegan offerings

News

By

SnackTeam

-

June 24, 2023

0

Tivall, the Israeli food unit of Nestlé, has formed a partnership with More Foods, a vegan meat analogues manufacturer based in Tel Aviv.

While the specifics of the collaboration remain uncertain, Tivall and More Foods have issued a joint statement expressing their intent to develop a range of innovative, pumpkin seed-based meat substitutes designed for main meals.

When inquired about additional details regarding the partnership, More Foods responded by stating, “The details of the collaboration cannot be disclosed at this time.”

The companies stated in their announcement that their focus was on addressing the increasing demand for nutritious and environmentally-friendly food choices. Their strategy involves leveraging More Foods’ proficiency in plant-based technology alongside Nestlé’s wide-ranging market influence.

Through the Tivall brand, Nestlé markets chilled and frozen meat-substitute products in Israel.

More Foods supplies its products to Israel’s foodservice market, making them accessible in over 100 restaurants.

The company declined to confirm whether the agreement with Nestlé would result in their entry into the retail channel in the country when questioned.

“This collaboration represents an important milestone in our journey to broaden our market presence, reach a larger customer base, and further our mission to make nutritious, meaty, centre-plate, plant-based products more accessible to consumers worldwide,” Leonardo Marcovitz, the Founder of More Foods, said in the statement.

More Foods has already initiated its international expansion by distributing its products in France, the Netherlands, and the UK.

Nestlé promotes its meat-free products in Europe under the Garden Gourmet brand. However, in March, the company made an announcement to withdraw the Garden Gourmet meat-free and Wunda alt-dairy brands from retail in the UK and Ireland.

The Swiss food giant is discontinuing the Mezeast brand in the UK and Ireland. Mezeast is a Middle Eastern line of seasoning mixes, sauces, spreads, and pastes.

Following Danone’s investment in two alternative-protein businesses in Israel earlier this year, the world’s largest food maker has now entered into a deal with More Foods.

In April, Danone made an investment in Wilk Technologies, a manufacturer of cell-based dairy and infant formula.

Tel Aviv-based Wilk, which launched in 2020, produces cultured human breast milk and animal milk.

The publicly-listed company holds several patent applications, including one approved patent, for laboratory production processes that mimic the milk-producing cells found in humans and other mammals.

The French giant also provided support to Imagindairy, an Israeli animal-free dairy business. Established in 2020, the company utilizes a technique called precision fermentation to produce its products.

Meanwhile, in the US this week, it was announced cultivated chicken from Upside Foods and Good Meat will soon be available in the US following regulatory approval from the country’s Department of Agriculture (USDA).

The cell-based chicken products from both Upside Foods and Good Meat have undergone a “historic two-agency regulatory process” in the US. Additionally, these products have been thoroughly evaluated and cleared by the US Food and Drug Administration (FDA).

Stock Spirits Group and Pernod Ricard finalize acquisition deal for Clan Campbell Scotch Whisky brand

News

By

SnackTeam

-

June 24, 2023

0

Pernod Ricard has agreed to the acquisition offer from Stock Spirits Group, finalizing the purchase of Clan Campbell, a prominent Scotch whisky brand.

On June 23rd, the French spirits conglomerate announced through a statement that they had reached an initial agreement with Stock Spirits Group regarding the brand, indicating that both parties have signed a preliminary agreement.

Described on Pernod Ricard’s website as “a key premium Scotch in France”, Clan Campbell was launched in 1984.

The company expressed that Clan Campbell holds a prominent position as “one of the top brands” among the selection of 12-year-old blended Scotch whiskies available in France. Additionally, it enjoys distribution in several other European markets, such as Spain and Italy. Recently, the company introduced a new spirit drink called Clan Caribbean, which is based on rum.

Pernod Ricard, the proprietor of renowned Scotch whisky labels Ballantine’s and Chivas Regal, has expressed its intention to adapt its portfolio in order to cater to the ever-changing demands of its consumers. The company aims to seize enhanced prospects for premium offerings while ensuring that its brand lineup aligns with the evolving preferences of its customers.

Alexandre Ricard, Pernod Ricard’s chairman and CEO, added, “Following a successful series of targeted acquisitions, the disposal of Clan Campbell will enable our teams to focus on priority brands.”

Over the past year, the company has made significant acquisitions, obtaining majority ownership in various businesses. These include the purchase of Skrewball, a popular flavoured whisk(e)y brand based in the United States, as well as the acquisition of high-end Tequila brand Código 1530. Just recently, through its majority-owned subsidiary Corby Spirit & Wine, the company also acquired Ace Beverage Group, a local producer of ready-to-drink (RTD) beverages.

In June of the previous year, Pernod Ricard divested itself of its Tormore Scotch whisky distillery, relinquishing ownership of the facility.

In the company’s latest complete fiscal year, spanning until June 30, 2022, the net sales from its Scotch whisky segment experienced a noteworthy 30% year-on-year increase. This growth was attributed, in part, to the recovery witnessed in both the on-trade sector and travel retail following the significant impact of the Covid-19 pandemic. As a result, Scotch whisky constituted 21% of Pernod Ricard’s overall sales.

While the group does not disclose specific net sales figures for individual brands, it has revealed that 1.3 million cases of Clan Campbell were sold during the previous financial year.

Stock Spirits, a vodka and brandy producer headquartered in Poland, is under the ownership of the private-equity firm CVC Capital Partners. The company boasts a diverse portfolio that encompasses renowned products such as Żołądkowa de Luxe vodka and Stock 84 brandy.

Stock Spirits was approached for their official statement regarding the agreement, and their response was requested.

Pernod Ricard said the deal “remains subject to consultation with the relevant employee representative bodies”.

An inquiry was made to Pernod Ricard to clarify whether the transactions exclusively revolve around the Clan Campbell brand or if there are other assets involved as well.

Jagatjit Industries records strong profit growth of INR 10.62 Cr in FY2022-23; sets ambitious goals for domestic and international expansion

News

By

SnackTeam

-

June 24, 2023

0

Jagatjit Industries Limited (JIL), a renowned manufacturer of Indian Made Foreign Liquor (IMFL) and Country Liquor in India, has recently announced its annual results for FY 2022-23, signaling a remarkable period of growth and recovery. Over the past three years, the company has witnessed a substantial increase in gross revenue, reaching INR 625 crore, which represents a remarkable 2.29-fold rise compared to the INR 273 crore recorded in FY 2019-20.

In the financial year 2022-23 alone, JIL experienced a notable surge in revenue, with net sales rising by 14 percent and overall revenue increasing by 24 percent. Additionally, the company achieved a significant milestone by reporting a profit of INR 10.62 crore during FY 2022-23, successfully reversing the loss of INR 51.65 crore incurred in FY 2019-20. Furthermore, JIL’s fourth-quarter net profit for the fiscal year 2022-23 amounted to INR 9.56 crore, showcasing the company’s continued positive momentum.

According to reports, Jagatjit Industries has achieved a significant milestone in its financial performance. The company’s EBITDA for March 2023 soared to INR 49.13 crore, marking the first instance in the last ten years where they have reported a double-digit figure in Profit Before Taxes. This achievement is seen as a remarkable testament to the success of their turnaround strategy.

“This strategy involved implementing significant changes, team building and enhancing management, implementing operational efficiency, identifying, and leveraging new market opportunities, improving product offerings, shifting to a new business model of short-term franchise agreements in key markets, and advancements in technology and infrastructure at the manufacturing locations,” the company said.

Jagatjit Industries has announced its focus on several significant strategic initiatives for FY 2023-24. At the core of these efforts is their commitment to making the grain-based ethanol manufacturing plant fully operational by June 2024.

In addition, the company has outlined plans to expand into new markets, specifically targeting Uttar Pradesh, Kerala, and the Canteen Stores Department. This strategic expansion aims to not only broaden the customer base but also drive growth across 22 states.

“JIL will also further grow the export markets from 13 to 15 countries and set foot in Nigeria and Russia by making its products available through export,” the company said in a statement.

Roshini Sanah Jaiswal, Promoter & Chief Restructuring Officer, Jagatjit Industries Limited, said, “By streamlining operations, meticulous resource planning, enhancing our product offerings, forging strategic alliances, and improving financial management, we have regained investor confidence, strengthened our market position, and set a solid foundation for future growth.”

Indian government implements open market sale of wheat and rice to curb rising prices

News

By

SnackTeam

-

June 24, 2023

0

In an effort to tackle the increasing retail prices of essential commodities, the Indian government has announced the upcoming sale of 400,000 tonnes of wheat and 500,000 tonnes of rice from its buffer stock. These quantities will be made available through the first round of auctions, targeting bulk consumers and traders. These proactive measures are a crucial component of the government’s long-term strategy to control the soaring retail prices of these widely consumed foodgrains.

According to an official cited by PTI, the government is committed to employing various strategies to lower retail prices, one of which involves reducing the duty on wheat.

To enhance domestic supplies and regulate prices, the Food Corporation of India (FCI), the government’s primary organization responsible for procuring and distributing foodgrains, has announced upcoming e-auctions. On June 28, an e-auction for wheat will take place, followed by a rice e-auction on July 5. The tender notifications for these auctions will be released shortly.

FCI Chairman and Managing Director Ashok K Meena, said, “We are seeing an inflationary trend in retail prices of wheat and rice. The government has directed us to start the Open Market Sale Scheme (OMMSS). The focus is on bringing down retail prices.”

The government took action on June 12 by implementing stock limits on wheat, effective immediately until March 2024, in an effort to prevent hoarding and control the escalating prices. Additionally, the government made a decision to release 15 lakh tonnes of wheat from the central pool to bulk consumers and traders through the OMSS (Open Market Sale Scheme). While the Centre had previously planned to sell rice to bulk buyers through the OMSS, the exact quantity of rice to be sold was not specified.

“We are issuing the tender for wheat tonight (Friday) and the first round of auction for 4 lakh tonnes will be held on 28th June. The auction of 5 lakh tonnes of rice will be held on July 5,” he said.

In this e-auction, there is a maximum limit of 100 tonnes for the quantity that a buyer can bid for. However, for small wheat processors and traders, a minimum quantity of 10 tonnes has been set.

The reserve prices for wheat have been set at INR 2,150 per quintal for Fair and Average Quality (FAQ) grain and INR 2,125 per quintal for under relaxed specifications (URS). Similarly, the reserve price for rice has been established at INR 3,100 per quintal.

Meena mentioned that the bidding process is restricted to local buyers as an additional measure. This restriction is enforced by verifying the GST registration of the state before the stocks are released. Furthermore, in order to identify genuine processors and traders, it is mandatory for participants to hold a valid FSSAI license.

In order to tackle wheat hoarding, the government has mandated the requirement of declaring wheat stocks in the wheat stock monitoring system portal for participation in the auctions. When asked about the total quantity of rice to be sold through the OMSS, Meena stated that a decision has not yet been reached on that matter.

Nevertheless, he mentioned that the government currently possesses an excess stock of 87 lakh tonnes of wheat and 292 lakh tonnes of rice, which can be utilized for the OMSS if the situation demands. It’s important to note that this surplus quantity of foodgrains remains available even after fulfilling the requirements under the National Food Security Act, other welfare schemes, and buffer stock regulations.

Meena emphasized that the government is implementing a scheme to distribute free food grains to 80 crore individuals in accordance with the food law.

Through the OMSS, it was stated that the government aims to ensure that the remaining 60 crore individuals have access to wheat and rice at an affordable price.

The CMD of FCI expressed optimism that retail prices would begin to decrease in the near future.

“All available options, including reduction of import duty on wheat, will be exercised if needed to bring down the retail prices,” Meena asserted.

Currently, the import duty on wheat stands at 40 percent. In the previous year, the government had imposed a ban on wheat imports in order to enhance domestic supply and manage prices. Additionally, the government had successfully sold 34 lakh tonnes of wheat through the OMSS during the last fiscal year.

On June 12, the Union Food Secretary, Sanjeev Chopra, announced the implementation of stock limits on wheat. This action was taken in response to the presence of “unscrupulous elements” who were hoarding the stock and causing an artificial scarcity, leading to a nearly 8 percent increase in mandi prices over the past month.

“The wholesale and retail prices have not gone up to that much. With the lag, we expect the wholesale and retail prices will also go up as modal mandi prices are showing upswing. The government has imposed stock limit on wheat…” he had said.

The wheat prices in the mandi surged from INR 2,129 per quintal a month ago to INR 2,302 per quintal on June 7.

Wheat traders/wholesalers are now subject to a stock holding limit of 3,000 tonnes, while retailers have a limit of 10 tonnes. For big chain retailers, each outlet is restricted to 10 tonnes, and all their depots are limited to 3,000 tonnes. As for processors, they are required to adhere to a stock holding limit equivalent to 75 percent of their annual installed capacity.

On PM Modi’s recommendation, Australian PM Anthony Albanese savors the delights of Indian street food at Little India in Harris Park

News

By

SnackTeam

-

June 24, 2023

0

Australian Prime Minister Anthony Albanese

On Friday, Anthony Albanese, the Prime Minister of Australia, paid a visit to the vibrant Little India precinct in Harris Park. He eagerly indulged in the delightful experience of sampling Indian street foods such as chaat and jalebi. This culinary adventure was inspired by a recommendation from Indian Prime Minister Narendra Modi, made during his visit to Australia last month.

Situated in Parramatta, Harris Park proudly embraces a thriving Indian community within its borders. Renowned as a popular hub for Indian cuisine, this vibrant neighborhood boasts an array of Indian-owned businesses and shops, making it a sought-after destination for those seeking an authentic taste of India.

In the previous month, Narendra Modi and Anthony Albanese jointly inaugurated the commencement of the ‘Little India’ gateway during a special ceremony held at the Qudos Bank Arena in Sydney.

While sharing the video and pictures on his official Twitter handle, the Australian Prime Minister wrote, “Great Friday night in Little India, Harris Park with @Charlton_AB. We tried out Prime Minister @narendramodi’s recommendations of chaat at Chatkazz and jalebi at Jaipur Sweets – a winner!”

Great Friday night in Little India, Harris Park with @Charlton_AB. We tried out Prime Minister @narendramodi's recommendations of chaat at Chatkazz and jalebi at Jaipur Sweets – a winner! pic.twitter.com/biy3Fo4aKQ
— Anthony Albanese (@AlboMP) June 23, 2023

Prime Minister Modi responded to the tweet by saying, “Sounds like a memorable Friday night, imbibing the best of Indian culture and culinary diversity. A winner indeed, like the India-Australia friendship.”

Sounds like a memorable Friday night, imbibing the best of Indian culture and culinary diversity. A winner indeed, like the India-Australia friendship. https://t.co/ySAiGBzgjJ
— Narendra Modi (@narendramodi) June 23, 2023

During his visit to Australia last month, PM Modi addressed a community event in Sydney. During the address, he said, “I’ve heard that Chatkazz ‘Chaat’ and ‘Jalebi’ from Jaipur Sweets at Harris Park are very delicious. I want you all to take my friend Australian PM Albanese to that place.”

In a joint press briefing, PM Modi also invited Australian PM Anthony Albanese to watch Cricket World Cup in India. In a joint press briefing, PM Modi said, “I invite PM Anthony Albanese and all Australian cricket fans to India for the Cricket World Cup this year. At that time, you will also get to see the grand Diwali celebration in India.”

The upcoming ODI World Cup is set to be held in India during October and November 2023. According to a report by Cricbuzz, the tournament will kick off with a match between England and New Zealand on 5 October at the Narendra Modi Stadium in Ahmedabad. The semi-final of the World Cup 2023 will take place at Mumbai’s Wankhede Stadium, while the final match on 19 November will see the two top teams battling it out once again at the Narendra Modi Stadium.

BetterBrand raises $6 Million in Series A funding, fueling innovation in carbohydrate sector

News

By

SnackTeam

-

June 24, 2023

0

The Better Bagel, hailed as the company's "hero product," reimagines the conventional carb-heavy bagel into a net carb equivalent of two banana slices.

BetterBrand, a leading food tech company focused on revolutionizing the carbohydrate sector, has recently concluded its Series A funding round, securing a substantial investment of $6 million. This remarkable feat was accomplished at an impressive pre-money valuation of $170 million, highlighting the company’s strong potential and investor confidence in its future success.

Verso Capital spearheaded the funding round, joined by prominent returning venture capitalists including Gaingels Fund, Seven Seven Six by Alexis Ohanian, and Craft Lane.

The Better Bagel, hailed as the company’s “hero product,” reimagines the conventional carb-heavy bagel into a net carb equivalent of two banana slices. It achieved the remarkable feat of being the leading new product entrant in the natural retail channel throughout 2022, as stated by the company.

In 2021, BetterBrand made its initial launch of The Better Bagel through its website. These protein-rich, low-carb bagels are now widely accessible both online and in over 1,500 stores across the United States. Notable retailers offering The Better Bagel include Whole Foods, Sprouts, Fresh Market, Gelson’s, Bristol Farms, Giant, Harmon’s, Lassen’s, Plum Market, Wild by Nature, FoxTrot, and numerous others.

BetterBrand Founder and CEO, Aimee Yang, said, “We are thrilled about this next chapter for BetterBrand to support our rapid global expansion and continued innovation. This is yet another example of how our mission – proving that the impossible is possible – is demonstrated through practice, and touches not only our product innovation but the massive potential of Better’s power and scale.”

Gaingels Managing Director, Lorenzo Thione, commented, “At Gaingels, we are thoroughly convinced that under her leadership, BetterBrand is poised to redefine our very relationship with carbohydrates, by combining health and taste in one innovative package. BetterBrand’s vision is not just about a product; it’s about a revolution in how we perceive and consume starches, worldwide. We’re excited to support Aimee’s journey in transforming this giant market and look forward to the indelible impact BetterBrand will make.”

With ambitious goals in mind, the company has revealed its intentions to introduce 16 new Stock Keeping Units (SKUs) in the upcoming months. Furthermore, they plan to expand their presence to fresh territories spanning across North America and Europe. Anticipated to hit the market by the end of 2023, these new products will be made readily available to consumers.

NewsHub