CHENNAI/BENGALURU, July 26 (Reuters) – India’s Tata Consumer Products (TACN.NS) reported a smaller-than-expected 24% rise in first-quarter profit on Wednesday, as mounting expenses outpaced higher sales of its eponymous packaged food and beverages. The Kolkata, West Bengal-based company said its consolidated net profit rose to 3.17 billion Indian rupees ($38.66 …
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[1/2]People buy tomatoes from a vendor at a vegetable market in Ahmedabad, India, July 25, 2023. REUTERS/Amit Dave/File Photo NEW DELHI, July 26 (Reuters) – Many Indian restaurants are cutting back on tomatoes in their popular dishes and consumer companies are ramping up production of cheaper purees that are flying …
Read More » KOLAR, India, July 28 (Reuters) – Vegetable prices in India are set to stay higher for longer, as erratic monsoon rains delayed planting and damaged ripening crops, farmers and traders said. Vegetables prices, which have a 6% weighting in the overall consumer price index (CPI), hit a seven-month high in …
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