food inflation
India’s fast-moving consumer goods sector is losing momentum, with fresh data showing stress on household purchases across both cities and villages. According to consumer insights firm Worldpanel by Numerator, the industry’s volume growth slipped to 4...
Marico, a leading FMCG company, is optimistic about achieving double-digit growth in the second half of FY25, driven by an expected moderation in food inflation over the next two quarters.Hopefully moderate over next two quarters -...
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Restaurant sector to rebound after tough Q1: Speciality Restaurants CMD Anjanmoy Chatterjee
The restaurant industry is expected to recover, buoyed by India's strong economic fundamentals, after facing temporary challenges in the first quarter, including high food...
India maintains status quo on milk and milk products imports, rules out new duty concessions
India has maintai͏ned a prohibition on the import͏ of milk and milk products under a tariff rate ͏quota ͏since 201͏1-12, with no plans f͏or...
Rising prices push Indian households’ weekly vegetable spending up by 25-100%, survey shows
Ar͏ound͏ seve͏n out of t͏en ͏households report that the͏ir weekl͏y͏ vegetable spending has increased by 25-100%͏ in recent͏ weeks due to hi͏gher prices,͏ according...
Rain deficit could exacerbate India’s food inflation: Experts
A slow monsoon, resulting ͏in below-average kharif ͏sowing,͏ could ͏exacerbate food inflation, which economists say is already high͏.͏ However, some remain op͏timistic ab͏out improved...
India’s retail inflation eases to 11-month low of 4.83% in April, food prices remain a concern
India's retail inflation softened marginally, hitting an 11-month low of 4.83 percent annually in April, down from 4.85 percent in the previous month, as...
Food prices set to ease post-June as IMD predicts above-normal monsoon in India
The government anticipates a decrease in food prices after the India Meteorological Department (IMD) predicted an above-normal monsoon, as stated in the recent monthly...
Retail food inflation eases to 8.52% in March 2024 as prices of pulses and oils decline marginally
Retail food inflation eased slightly to 8.52% in March 2024 from 8.66% in the previous month, driven by a sequential decline in the prices...
British supermarket sales growth slows in February, reflecting decline in food inflation: Industry data
In February, British supermarket sales growth decelerated to 5.3% from January's 6.6%, indicating a decline in food inflation, as per industry data.The market research...
Global rice markets on edge as India mulls extending parboiled rice tax
India, the world’s leading rice shipper, may consider extending an export tax on the parboiled variety as part of efforts to ease food inflation...
Govt considers franchise route to boost Bharat-branded product sales, plans 50 outlets in Delhi
The government is looking to leverage the franchise route for directly selling Bharat-branded products to consumers, as revealed by a senior official in a...
Dry weather and export restrictions to strain global staple food supplies in 2024
Rising food costs in recent years have led farmers across the globe to increase the cultivation of cereals and oilseeds. However, consumers are expected...
Marico records strong 17.2% surge in Q2 FY24 net profit, reaching INR 360 Crore
FMCG giant Marico announced a 17.2 percent increase in its consolidated net profit for the second quarter (Q2) ending on September 30, 2023. The...