Coffee

Trump lowers tariffs on beef, coffee to reduce rising grocery prices

Donald Trump has reduced tariffs on beef, coffee and many common food items to help bring down rising grocery costs, marking a major shift in his tariff policy as Americans struggle with high prices

Coffee-stain effect: Indian scientists detect toxins at trillionth levels

A Bengaluru-based team has discovered a coffee-inspired, affordable way to detect banned dyes and contaminants in food at trillionth levels, offering a breakthrough in low-cost food safety testing

JICA signs ₹75 mn loan deal with ECOM to boost Asian coffee supply chains

The Japan International Cooperation Agency (JICA) has signed a loan agreement for up to USD 75 million with ECOM Agroindustrial Corp Ltd and its group company ECOM Agroindustrial Asia Pte Ltd to support coffee supply chains across Asia, JICA said on Wednesday. The loan, co-financed by the Asian Development Bank (ADB), marks JICA's first exclusive working capital loan and aims to strengthen cooperation with global agricultural trading companies to support Asia's agricultural and food supply chains. The financing will support stable procurement of coffee from over 60,000 smallholder farmers in India, Indonesia, Papua New Guinea and Vietnam, JICA said in a statement. The project includes purchase funds and consulting services such as coffee certification support, climate change adaptation pilot projects and farming support for female farmers. India's coffee industry accounted for 3 per cent of global production in 2022, ranking eighth worldwide, and provides direct employment to over

Allana Consumer expects coffee exports to slow in FY26 on volatile markets

Allana Consumer Products Ltd, the country's fourth-largest coffee exporter, expects exports to slow to 22,000-25,000 tonnes in the current fiscal year due to volatile global markets, a senior company official said on Tuesday. The company exported 26,300 tonnes of coffee in the 2024-25 financial year. "We have done around 11,000 metric tonnes of green coffee exports until the end of August. We hope to do anything between 11,000 and 15,000 for the rest of the year," C P Bopanna, associate director of Allana's coffee division, told PTI. Allana has scaled back export volumes over the past two years as market volatility has made it difficult to plan growth, Bopanna said. "Past 1-1.5 years, we have seen the kind of volatility that we have not seen in the past 40 years. It is very difficult to project or even make a strategy saying I am going to grow at 5 or 10 per cent per annum," he said. The company is prioritising profit margins over revenue growth as it navigates uncertain markets,

Starbucks workers sue company over unpaid costs tied to new dress code

Starbucks workers in three states took legal action against the coffee giant Wednesday, saying it violated the law when it changed its dress code but refused to reimburse employees who had to buy new clothes. The employees, who are backed by the union organising Starbucks' workers, filed class-action lawsuits in state court in Illinois and Colorado. Workers also filed complaints with California's Labor and Workforce Development Agency. If the agency decides not to seek penalties against Starbucks, the workers intend to file a class-action lawsuit in California, according to the complaints. Starbucks didn't comment directly on the lawsuits Wednesday, but the company said it simplified its dress code to deliver a more consistent experience to customers and give its employees clearer guidance. As part of this change, and to ensure out partners were prepared, partners received two shirts at no cost, the company said Wednesday. Starbucks refers to its employees as partners. Starbucks' n

Can coffee interfere with antibiotics? New study reveals a possible link

German scientists have discovered that caffeine can interfere with antibiotics like amoxicillin and ciprofloxacin in bacteria, raising questions about how diet may influence drug effectiveness

Wake up and smell the coffee: India takes humble Joe to a new level

For millions of Indians, coffee is no longer just a stimulant - it is fast creating its own space as culture, community, and a marketplace of choices

Ghee coffee trend: Soha Ali Khan's honest take after health podcast

After hearing Malaika Arora and Rujuta Diwekar call ghee a superfood, Soha Ali Khan experimented with ghee coffee. But does the drink live up to its buzz? Here's a look at benefits and possible risks

Keurig Dr Pepper brews coffee challenge with $18 bn JDE Peet's takeover

The deal, announced on Monday and offering a 20 per cent premium to JDE Peet's closing market price on Friday

Starbucks struggles to find new identity amid fierce competition in China

The stake sale exercise is underscoring Starbucks' identity crisis in China as it tries to salvage a flagging legacy business amid fierce domestic competition

Starbucks launches free study rooms in China to lure back customers

The rooms are Starbucks's latest initiative in China this year as it tries to revive sales growth amid stiff competition from cheaper local rivals like Luckin Coffee

Costa Coffee's India FY25 sales jump 30%, gross margin declines marginally

British coffee chain brand Costa Coffee's India revenue from operations surged 30.76 per cent to Rs 198.5 crore in FY25, and its profit rose 28.4 per cent to Rs 149.7 crore. The growth was driven by store expansion, as the number of outlets increased from 179 to 220 in FY25, according to the latest annual report of Devynai International Ltd (DIL). Its revenue from operations was Rs 151.8 crore, and profit stood at 116.6 crore for the financial year ended March 31, 2024. Costa Coffee's gross margin declined marginally to 75.4 per cent from 76.8 per cent in FY24, primarily because of inflation in coffee beans and other input materials. "The brand contribution margin came down from 17 per cent to 16.1 per cent, with average daily sales (ADS) per store declining from Rs 33,000 to Rs 27,000, translating into a reduction of same store aales growth (SSSG) from 8.7 per cent to 4.1 per cent during this period," said DIL. Costa Coffee is operated in India through its franchise partner DIL,

Starbucks' top China rival Luckin Coffee opens first US stores in NYC

China's largest coffee chain Luckin Coffee opens its first stores in New York with high-quality coffee at affordable prices and mobile-first service

Could daily coffee fix be the secret to healthy ageing among women?

A new study links moderate coffee intake among women in midlife with better chances of ageing healthily, with fewer chronic diseases, sharper minds, and stronger bodies after 70

Curefoods acquires India rights to Krispy Kreme, plans Northern expansion

Curefoods now holds national rights to Krispy Kreme and has entered North India with 11 new outlets in Delhi NCR, planning further expansion into western markets

India can be in top 5 mkts for Costa Coffee in 5 yrs: Philippe Schaillee

The Indian consumer is starting to shift from tea to coffee and then increasingly moving to premium coffee, he added

Punjab National Bank's scam-hit branch in Mumbai now brews organic coffee

The Brady House branch of the Punjab National Bank (PNB) in Mumbai, infamous for a multi-million dollar scam involving diamantaire Nirav Modi and his uncle Mehul Choksi, has been turned into a cosy cafe. Patrons sit on comfy chairs and plush sofas, sipping steaming cups of organic coffee with light music playing in the background on the premises, a stark contrast to the chaos that erupted after the duo defrauded the bank of more than Rs 13,000 crore. The premises in the Brady House building in the Fort area of south Mumbai were once at the centre of one of the biggest financial scams to rock the country. Nirav Modi and his uncle Mehul Choksi allegedly siphoned off over Rs 13,000 crore of public money from the PNB using LoUs and foreign letters of credit (FLCs) by bribing officials of the bank's Brady House branch between March 2011 and November 2017. With Choksi's arrest in Belgium two weeks ago, the Brady House is again in the spotlight, but the operations of this branch were shif

Crazy not to enter India if you're operating in Asia: Kopi Kenangan

In India, we'll price our beverages starting at ₹99 for an espresso and ₹129 for an Americano, going up to ₹329, said Sanjay Mohta, vice-president and general manager, India, Kenangan Coffee

Prices of coffee, cocoa slide as Trump's tariffs spark demand worries

Sugar prices also fell, caught in the melee of tariffs as the US is also one of the world's top sugar importers

Global coffee trade grinding to halt, hit hard by sharp price hikes

The coffee price hikes have stemmed from lower production in important coffee growing regions, particularly in top grower Brazil