Page 3 - Food

Bikaji Foods Q1 result: Net profit rises 40% to Rs 58.06 cr, revenue up 15%

Snacks manufacturer Bikaji Foods International Ltd on Wednesday reported a 40.2 per cent increase in its consolidated net profit to Rs 58.06 crore in the first quarter ended in June 2024. The company had posted a consolidated profit of Rs 41.41 crore in the April-June quarter a year ago, according to a regulatory filing from Bikaji Foods. Its revenue from operation was up 15.24 per cent to Rs 555.12 crore in the June quarter. It was at Rs 481.68 crore a year ago. Bikaji Foods reported volume growth of "16.2 per cent YoY, led by double-digit growth across categories," said an earning statement from the company. Total expenses of Bikaji Foods in the June quarter were up 16.08 per cent to Rs 501.32 crore. Its total income was at Rs 579.41 crore in the June quarter, up 18.8 per cent. "Our EBITDA for the quarter improved by 240 bps year-over-year, reaching 916 million, reflecting our commitment to operational efficiency and disciplined cost management," said Managing Director Deepak .

Ambani's pre-wedding event: Orry vlogs about food from Portofino

Orry shared a vlog at Anant Ambani and Radhika Merchant's pre-wedding festivities taking place in Italy's Portofino. He along with Tania Shroff can be seen tasting different cuisines at the event

Singapore Food Agency approves 16 species of insects for human consumption

Singapore's food watchdog on Monday said it has approved some 16 species of insects like crickets, grasshoppers and locusts for human consumption, adding to the internationally-renowned menu of global foods including Chinese and Indian dishes in the multi-ethnic city-state. The much-awaited announcement comes to the delight of industry players who have been gearing supply and catering in Singapore to insects grown in China, Thailand and Vietnam, The Straits Times newspaper reported. The approved insects include various species of crickets, grasshoppers, locusts, mealworms and silkworms. The Singapore Food Agency (SFA) said that those intending to import or farm insects for human consumption or livestock feed must meet SFA's guidelines, including providing documentary proof that the imported insects are farmed in regulated establishments with food safety controls and are not harvested from the wild. Insects that are not on SFA's list of 16 will have to undergo an evaluation to ensur

Sustainable Gastronomy Day 2024: Definition, significance, impact on nature

Sustainable gastronomy is connected with sustainable development since it promotes agricultural development, food security, sustainable food creation, nutrition, and preservation of biodiversity

'Food industry should be responsible; returned goods tarnish reputation'

India earns a bad name whenever a food consignment is returned over quality concern, Food Processing Industries Secretary Anita Praveen said on Wednesday asking food companies to become a little more responsible. Addressing a FICCI 'FOODWORLD India 2024', she asked the industry to supply top-quality products in domestic and overseas markets by meeting international quality standards. The secretary highlighted that the food processing sector is important for the Indian economy and provides huge employment opportunities. Praveen said the food processing sector plays an important role in improving the income of farmers. She noted that India is a big market for processed foods and therefore many global companies are interested in entering this space. "Let us be the suppliers rather than letting someone else do that. It is our industry's responsibility to make sure that supplies are sustained not just in quantity but also in quality," Praveen told senior management of food companies ..

How to manage children's sugar consumption? Here are the tips for parents

Sugar consumption by children is a critical problem for parents and it is important to monitor their intake of sugar. Here are some tips for parents to manage their children's sugar consumption

FSSAI asks traders, not to use banned 'calcium carbide' for fruit ripening

Food regulator FSSAI has asked traders and food business operators not to use the banned product 'calcium carbide' for ripening of fruits. In an official statement, the Food Safety and Standards Authority of India (FSSAI) said it has "alerted traders'/fruits handlers/Food Business Operators (FBOs) operating ripening chambers to strictly ensure compliance with the prohibition on calcium carbide for artificial ripening of fruits, particularly during the mango season". FSSAI has also advised Food Safety Departments of states/UTs to remain vigilant and take serious action and deal stringently against person(s) indulging in such unlawful practices as per the provisions of the FSS Act, 2006, and rules/regulations made thereunder. "Calcium carbide, commonly used for ripening fruits like mangoes, releases acetylene gas, which contains harmful traces of arsenic and phosphorus. "These substances, also known as 'Masala', can cause serious health issues such as dizziness, frequent thirst, ...

FSSAI to launch quality check of food items like dairy products, spices

After starting a probe into alleged violation of norms in branded spices, food regulator FSSAI plans to launch surveillance on other food items like fortified rice, dairy products and spices sold in the domestic market. According to sources, the Food Safety and Standards Authority of India (FSSAI) is planning surveillance on food items like fruit and vegetables, salmonella in fish products; spice and culinary herbs; fortified rice; and milk and milk products. FSSAI is already taking samples of spices in powder form of all brands, including MDH and Everest, from across the country in view of quality concerns flagged by Singapore and Hong Kong. "In view of the current development, FSSAI is taking samples of spices of all brands, including MDH and Everest, from the market to check whether they meet the FSSAI norms," a source had said on April 22. FSSAI does not regulate the quality of exported spices, sources said. Early last month, Hong Kong's Center for Food Safety (CFS) asked ...

Giving food, cash to 6 million people monthly in Afghanistan, says WFP

About 15.8 million people in Afghanistan would experience food insecurity crises and emergency levels, according to UN estimates.

Wardwizard Foods & Beverages to enters US mkt as it gets USFDA registration

Wardwizard Foods and Beverages, maker of frozen and ready-to-eat foods, on Monday announced its foray into the US market following the USFDA registration. The Vadodara, Gujarat-based company will commence exporting to US market in the first quarter of this fiscal, according to a statement from the company. "The initial phase will focus on key cities including Chicago, New Jersey and Texas, where consumers will have the chance to indulge in the rich and authentic tastes of India's culinary offerings," it said. The firm offers convenient RTE (ready-to-eat) meals to frozen products, spices, savory sauces, condiments, and beverages. Chairperson and Managing Director Sheetal Bhalerao said: "The attainment of USFDA registration stands as a validation to our product quality and regulatory compliance.

Swiggy records $200 million loss in nine months to December 2023: Report

The document showed that losses stood at 17.3 billion rupees $207 million during April to December 2023 - the first nine months of fiscal year 2023-24

783 million face chronic hunger, yet world wastes 19% of its food, says UN

The world wasted an estimated 19 per cent of the food produced globally in 2022, or about 1.05 billion metric tons, according to a new United Nations report. The UN Environment Programme's Food Waste Index Report, published Wednesday, tracks the progress of countries to halve food waste by 2030. The UN said the number of countries reporting for the index nearly doubled from the first report in 2021. The 2021 report estimated that 17 per cent of the food produced globally in 2019, or 931 million metric tons (1.03 billion tons), was wasted, but authors warned against direct comparisons because of the lack of sufficient data from many countries. The report is co-authored by UNEP and Waste and Resources Action Programme (WRAP), an international charity. Researchers analyzed country data on households, food service and retailers. They found that each person wastes about 79 kilograms (about 174 pounds) of food annually, equal to at least 1 billion meals wasted worldwide daily. Most of t

'Zero-food children' report attempt to sensationalise fake news: WCD

The Union Ministry of Women and Child Development Tuesday denounced a recently published article on "zero-food children" in India, and labelled it as a deliberate and malicious attempt to sensationalise fake news. In a statement, the ministry said the article lacked primary research and made misleading assertions. The article referred to was published recently in the peer-reviewed journal JAMA Network Open. The study claimed the prevalence of "zero-food children" in India was at 19.3 per cent and drew attention to extreme food deprivation among children. It also ranked India as having the third-highest percentage of "zero-food children", after only Guinea (21.8 per cent) and Mali (20.5 per cent). In terms of numbers, the report claimed, India has the highest number of "zero-food children" at more than six million. Zero-food children is a term used to refer to children between six and 23 months old who did not consume any milk, formula or food in the last 24 hours. However, the ...

Wheat inventories hit 7-year low at 9.7 MT after record state sale

Wheat reserves in state stores totalled 9.7 million tons at the start of this month, down from 11.7 million tons in March 2022, the state-run Food Corporation of India said

93 hospitalised in twin food poisoning cases in Noida, Greater Noida

As many as 93 people, including 17 in Noida and 76 in Greater Noida, were hospitalised due to suspected food poisoning in two separate incidents after consuming special meals for fast made of 'kuttu ka atta' on Mahashivratri, officials on Saturday said. The 17 people, who fell ill in Noida, included men and women residents of Barola village who are admitted to the district hospital in Sector 30 while the 76 people in Greater Noida are students of different colleges living in a private hostel and have been admitted to different hospitals in the area, they said. The students, who are enrolled at different colleges and lived in a private hostel, had dinner on Friday after which many of them complained of uneasiness, dizziness and vomiting, police said. The students were staying at Aryan Residency in the Knowledge Park area -- an educational hub -- and had 'puris' made of 'kuttu ka atta' (buckwheat flour) on account of Mahashivratri on Friday. "The local police are seized of the incide

Govt to take all measures to contain prices of essential food items: Goyal

The Centre will pull all stops to ensure prices of essential food items from onion to tomatoes to pulses do not spike particularly during the elections, Union Minister Piyush Goyal said as he cited the Modi government's track record of controlling rates within days of any temporary hike. In an interview with PTI, Goyal, who is heading the food and consumer affairs ministry, asserted that the Modi government would continue to take measures to ensure that there is no stress on the household budget of "our Nari-Shakti". Replying to a query regarding the government's strategy to ensure that there are no spikes in prices of food items when the general election kicks in, the minister said, "We are going to be on top of it. And I can assure the people of India that this government cares for the women of India." He highlighted that the government has spent in the last few years about Rs 28,000 crore to the price stabilisation fund to support the effort to fight against food inflation. "We

Dal with 24-carat gold dust: Video goes viral at Ranveer Brar's restaurant

A video of Dal with a 24-carat gold tadka goes viral on Instagram from Celebrity chef Ranveer Brar's Dubai-based restaurant, 'Kashkan'

Food weighting in CPI may be cut as spending shifts, says official

Food's weighting in the consumer price index could be lowered in the next revision of the basket of goods due to be completed by next year, the official who declined to be identified told Reuters

Domino's Pizza loyalty program revamp, tie-up with Uber Eats drive up sales

Shares of the company were up nearly 6% in premarket trade, as it also raised its quarterly dividend by 25% to $1.51 per share and announced an additional $1 billion share buyback plan

National Pistachio Day: 5 reasons why eating Pistachios is healthy

The purpose of Pistachio Day is to raise awareness about the health advantages provided by the Pistachios. Individuals across the globe every year on February 26 mark National Pistachio Day