|Day's Range||291.25 - 293.25|
As with all Indian consumer goods firms, homegrown major Marico has been hit by India’s recent economic slowdown. The Mumbai-based company, which boasts fast moving consumer goods (FMCG) brands like Parachute Oil, Hair & Care, and health care brand Saffola, had a “soft” September quarter. “The economic slowdown has contributed to distress, particularly in rural consumption,” Saugata Gupta, Marico’s managing director and CEO, told Quartz India.
In only the last few years, plant-based foods have suddenly snapped up market share in both the dairy and meat markets with alternative versions of milks, yogurts, and convincing faux beef patties. As grocery store upstarts move into new aisles, they’re igniting plant-based coups that have reshaped supermarket economics. Now, the humble mung bean has set up camp in the egg section, and it’s starting to make some noise.
Cruising the aisles at the Fancy Food Show in New York City, you pass by a lot of cookies, chips, and chocolate, but you also can find plenty of healthier foods for snacks and meals. While we can...
South Africa has the highest rates of childhood obesity in the world, with an alarming figure of 13%. One of the main causes of South Africa’s rate is the rapid growth of the country’s commercial food industry. This has led to increased consumption of cheap, easily accessible and ultra-processed food that is high in sugar.
The much-anticipated April rains had finally arrived in Bengaluru. Jaishri Gopalan was watching the rain sweep across the city from the balcony of her 15th-floor apartment in Mahadevpura. Gopalan whipped out her phone and checked a WhatsApp group called Snacks that comprised several residents of her apartment complex.
After a fairly decent showing in 2017, commodities reversed course amid several pushbacks, including slowing global growth, a strong dollar, geopolitical tensions and an inclement monetary policy environment. Futures contracts are traded by speculators as well as commercial users of these commodities.