Rana Rashid
Government of Gujarat confirms tur procurement by farmers
More than 8,600 farmers at minimum support price (MSP) have sold about 14,480 tons of tur. Gujarat-based procurement agencies have bought this hefty amount...
FMCG major Marico acquires 54% stake in True Elements
Marico acquired a 54% stake in True Elements, a popular breakfast and snack brand. The company announced the news on 23 May but did...
Starbucks Closes 130 Stores in Russia After McDonald’s Leaves the Country
The popular beverage brand, Starbucks, will close its operations in Russia and shut down 130 of its outlets in the country. McDonald’s had earlier...
Plastic straw ban is triggering fear in beverage companies
A ban has been put on single-use plastic, and it will be effective from 1 July. This decision has become a challenge for beverage...
Shrinkflation helps FMCG companies survive the inflation prices
FMCG companies are in dire straits due to rising input costs. They resort to Shrinkflation to tackle the manufacturing costs without passing the hassle...
Ruchi Soya acquires Patanjali Ayurved
Patanjali food retail business is to be taken over by Ruchi group Industries for Rs 690 crore through an insolvency process. It is to...
Oilmeals exports shot to 3.34 lakh tons
According to the Solvent Extractors' Association (SEA), the oilmeals export of India in April 2022 was reported provisionally at 3,33,972 tons, a rise over...
Sudden growth in the cotton prices, government probes
The government requested the cotton corporation in India to buy cotton in large quantities from farmers and give it to the mills. The textile...
Indian wheat export ban causes global food problems
Wheat is a staple grain across the planet. Even though the population across the world has increased in the past 50 years, global hunger...
Impact of wheat exports ban by India
Currently, approximately 2.2 million tons of wheat are there at Indian ports or are in transit. However, according to a wheat dealer in Mumbai,...
