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With even toilet paper scarce, Venezuelan president warms to business

May 23, 2013 at 03:30 | Source: FirstPost

CARACAS (Reuters) - A Venezuelan supermarket puts a stack of toilet paper on its shop floor, and desperate consumers snatch it up within five minutes. A woman's voice over the loudspeaker reminds shoppers each person can only buy four packages.Few se...

China arrests hundreds over fake or tainted meat

May 03, 2013 at 12:02 | Source: BBC

More than 900 people have been arrested in China for selling fake or tainted meat in the last three months, state media say. Officials say they uncovered almost 400 such cases and seized more than 20,000 tonnes of fake meat. In one case, the suspects...

Godrej Consumer, Dabur, Marico post healthy Q4 profits

May 01, 2013 at 16:32 | Source: Economic Times

NEW DELHI: Homebred packaged consumer products makers Godrej Consumer Products, Dabur and Marico on Tuesday reported healthy results for the quarter ended March despite a slowdown in consumer spending on non-essential items, and said they expected s...

Saffola-Fortune dispute: Marico withdraws plea against Adani Wilmar

Apr 29, 2013 at 20:46 | Source: The Hindu BusinessLine

New Delhi, Apr 29: Marico Limited, the makers of ’Saffola’ brand of edible oils, today withdrew its plea in the Delhi High Court against a single judge’s order refusing to restrain its competitor Adani Wilmar from telecasting and p...

Incursions via smuggling: Standoff between India China hits trade of locals

Apr 27, 2013 at 03:46 | Source: Economic Times

SRINAGAR: The incursion of a Red Army platoon 19 km inside the border in eastern Ladakh and the ensuing standoff between New Delhi and Beijing have impacted the livelihood of hundreds of locals: their 'trade'. Unlike the popular perception in mainlan...

Factbox: India's crucial monsoon rains seen average in 2013

Apr 27, 2013 at 03:30 | Source: FirstPost

NEW DELHI (Reuters) - India expects monsoon rainfall to be average this year, making it likely that one of the world's biggest producers of grains will avoid any widespread droughts for a fourth straight year.The rains, vital for the roughly 55 perce...

Incursions via smuggling: Standoff between India China impacts trade of hundreds of locals

Apr 27, 2013 at 03:10 | Source: Economic Times

SRINAGAR: The incursion of a Red Army platoon 19 km inside the border in eastern Ladakh and the ensuing standoff between New Delhi and Beijing have impacted the livelihood of hundreds of locals: their 'trade'. Unlike the popular perception in mainlan...

Standoff between Delhi and Beijing impacts livelihood of hundreds of locals

Apr 27, 2013 at 01:26 | Source: Economic Times

SRINAGAR: The incursion of a Red Army platoon 19 km inside the border in eastern Ladakh and the ensuing standoff between New Delhi and Beijing have impacted the livelihood of hundreds of locals: their 'trade'. Unlike the popular perception in mainla...

Adani Wilmar cooks plans to promote rice bran oil

Apr 26, 2013 at 14:37 | Source: The Hindu BusinessLine

Mumbai, April 25: Adani Wilmar, manufacturer and distributor of cooking oils, is teaming up with the Solvent Extractors Association of India (SEA) to promote rice bran cooking oil in the country. SEA is a trade and industry body comprising oilseed p...

Ad row: Adani Wilmar wins court battle against Marico

Apr 23, 2013 at 04:41 | Source: The Hindu BusinessLine

Mumbai, April 22: Fast-moving consumer goods maker Marico has lost a court battle to cooking oil major Adani Wilmar. The Delhi High Court, on April 18, dismissed a petition filed by Marico Ltd, the makers of cooking oil brand Saffola, against Adani ...

Food price hikes raise concerns in Iran

Apr 22, 2013 at 19:51 | Source: The Hindu BusinessLine

Tehran, Apr 22: Iranian newspapers warn that a new wave of price hikes could stir greater discontent less than two months before presidential elections.The press commentaries also suggest disputes within Iran’s ruling system over how to cope w...

Biofuels to cost UK motorists �460 mn: study

Apr 16, 2013 at 20:32 | Source: DomainB

Biofuels would cost motorists about �460 million ($707 million) with the government increasing their use in transport fuel. Their increased use would also drive up food prices in poorer countries, according to UK think tank Chatham House. The UK's...

Commodity prices crash: Golden time for buyers as everything gets cheaper

Apr 16, 2013 at 06:55 | Source: Economic Times

KOLKATA: Gold, crude oil and a wide spectrum of materials from aluminium to zinc tumbled as weak data from China reinforced the gloomy global demand outlook, bringing good news for Indians, who relish buying precious metals and will spend less on pe...

Cottonseed oil rules the kitchens of Gujarat as cheapest cooking oil

Apr 14, 2013 at 06:56 | Source: Economic Times

The BT cotton revolution, which swept India's countryside, is now doubling up as the source of the country's cheapest cooking oil. And in Narendra Modi's motherland, the Jasubens are loving it. Cottonseed or 'kapasiya' oil is ruling in the kitchens o...

Foodgrain merchants body seeks tax sops

Apr 08, 2013 at 22:11 | Source: The Hindu BusinessLine

Madurai, April 8: The Tamil Nadu Foodgrains Merchants Association has sought modification on value-added tax and suggested measures for inclusion for tax exemptions and lowering of taxes during the debate on grants for Ministry of Commercial Taxes i...

Cooking waste from London restaurants to fuel power station

Apr 08, 2013 at 19:27 | Source: DomainB

Cooking waste from thousands of London restaurants and food companies would go towards running the world's biggest fat-fuelled power station. The energy generated from the grease, oil and fat that clogged London's sewers will also be channelled to h...

Palm oil prices poised to go down in surplus market

Mar 31, 2013 at 22:06 | Source: The Hindu BusinessLine

Mumbai, March 31: Crude palm oil prices have been under intense downward pressure for last several months. Trading currently at around Malaysia Ringgit 2,400 a tonne or close to $800/tonne (free-on-board), the CPO market is poised for a downturn fro...

Amid Crisis, Cypriots Look Inward

Mar 27, 2013 at 04:00 | Source: Wall Street Journal

NICOSIA, Cyprus—Over the past week, as Cyprus concluded chaotic talks on an international bailout, relief workers at St. Barbara's church readied bags of food, cooking oil and other essentials. Donations flowed into the parish in Nicosia du...

Vegetable oil imports likely be record 10.9 mt this year: SEA

Mar 18, 2013 at 17:22 | Source: The Hindu BusinessLine

New Delhi, Mar 18: India is expected to import a record 10.9 million tonnes (MT) of vegetable oils this year, up by 7 per cent over the last year, the Solvent Extractors’ Association (SEA) said today. The world’s second largest cooking o...

India’s vegetable oils import up 10.55% in Feb: SEA

Mar 14, 2013 at 19:16 | Source: The Hindu BusinessLine

New Delhi, Mar 14: India, the largest cooking oil consumer after China, has imported 9.69 lakh tonnes of vegetable oils in February, up 10.55 per cent from 8.76 lakh tonnes in the same period last year, industry body SEA said today.Excessive imports...

iPhone UI set for overhaul as details of a ‘black, white and flat’ iOS7 emerge
Araceli Roiz was not hired by me, I met her before she joined: Phaneesh Murthy "Araceli Roiz was not hired by me, I met her before she joined: Phaneesh Murthy"

From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'

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May 25 2013, 16:36

Expect Nifty to correct 60-70 points by expiry: Tulsian

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