FSSAI weighs nationwide ban on analogue paneer, plans junk food curbs near schools

India’s food regulator is considering a central rule to ban analogue paneer. The FSSAI is also preparing to prohibit unhealthy foods near schools nationwide. Quick-commerce platforms will soon display manufacturing and expiry dates more prominently. This initiative aims to ensure healthier food choices for children across the country. The regulator conducted several raids before the…

Canada assesses risks to imports after India raid finds fake labels on food products

Indian authorities raided a Mumbai warehouse last week, seizing products and equipment. This operation involved relabelling food products with fake nutrition and expiry dates. Canadian officials are now assessing potential risks to their country’s food imports. They have no current information indicating these products entered Canada. The Canadian Food Inspection Agency takes food fraud very…

Corporate stress remains benign despite IBC delays and deep haircuts: Kotak

India’s corporate credit cycle is expected to remain stable in the near future. Strong corporate balance sheets and moderate debt levels support this positive outlook. However, the Insolvency and Bankruptcy Code faces ongoing delays and low recovery rates. Manufacturing leads sector contributions to resolution plans under the IBC. Recent reforms aim to improve resolution timelines…