IT raids underway on Marya Frozen Foods in Bareilly, Kanpur

New Delhi [India], March 12: In today's fast-moving world, food has become more confusing than ever before. Social media is filled with trending diets, quick weight-loss hacks, and conflicting nutrition advice. While these trends promise rapid results, they often leave people feeling overwhelmed and unsure about what truly qualifies as healthy eating.

The Reserve Bank of India (RBI) has introduced a new set of prudential norms for banks that cap dividend payouts at a maximum of 75 per cent of Profit After Tax (PAT) for most banks, linking profit distribution more closely with capital strength, profitability and regulatory compliance.

New Delhi [India], March 10: The Good Food Institute India (GFI India), in collaboration with the National Institute of Food Technology, Entrepreneurship and Management, Thanjavur (NIFTEM-T), released a landmark study titled India as a global manufacturing hub for smart protein processing equipment at the 4th Plant Based Foods Summit held on the sidelines of AAHAR 2026. This first-of-its-kind report delivers a comprehensive assessment of India's current manufacturing capabilities for plant-based smart protein processing equipment, offering strategic recommendations for government, industry, and research institutions to accelerate domestic production and reduce costly import dependence.

The Income Tax Department carried out a nationwide verification exercise on restaurants regarding turnovers, revealing a suppression of sales amounting to approximately Rs 408 crore. According to a Ministry of Finance press statement, the investigation targeted tax evasion patterns within the Food & Beverage (F&B) sector following preliminary data analysis initiated in November 2025.

Mumbai (Maharashtra) [India], March 9: Federal Bank announced the launch of its wealth management platform 'Fed Wealth' and the inauguration of its first Wealth Hub, marking the next phase of the Bank's strategic expansion in the wealth management business. Building on the trust developed over the legacy of more than 90 years, the Bank continues its customer centric focus and will provide in depth market research and a wide range of products aligned with customer risk profiles. A curated suite of investment solutions will include fixed income, equities, mutual funds, alternatives and opportunities through GIFT City.