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Why has Switzerland suspended 'Most-Favoured Nation' status to India?

Switzerland has announced it will suspend the Most-Favoured Nation status granted to India under the double tax agreement treaty, effective January 1, 2025. The move is set to have far-reaching impact on Indian companies operating in Switzerland and Swiss investments in India The Most-Favoured Nation status is a term commonly used in international trade agreements to ensure that a country …

India Supreme Court Tax Court Indian Status Supreme

1 month, 1 week ago

India's middle class tightens its belt, squeezed by food inflation

Deccan Chronicle

CHENNAI/NEW DELHI: India's city dwellers are cutting spending on everything from cookies to fast food as persistently high inflation squeezes middle class budgets, threatening the country's brisk economic growth. They are considered a key demographic both economically and politically, with middle class frustration seen as a significant factor behind Prime Minister Narendra Modi's weaker election performance this year.Asia's third-largest economy …

Food India Growth Inflation Urban Indian Middle Class

5 months, 1 week ago

Companies like Nestle and Unilever modify plastic recycling goals due to implementation difficulties: Report

Hindustan Times

Nestle S.A. changed the wording of its plastic packaging goals in 2022, changing it to “designed for” recycling when earlier, it used to be “recyclable” or reusable packaging, Bloomberg reported. Plastic waste often ends up in water bodies, causing massive harm to animal and human health. The legal difference between these amount to about 280,000 metric tons of additional non-recyclable …

Pet Recycling Report Bloomberg Nestle Unilever Plastic Waste

1 year, 4 months ago

Why big advertisers like Nestle, Oreo, Unilever turning from men to machine generative AI, despite security concerns?

Live Mint

Some of the world's biggest advertisers, including Nestle and Unilever, are using generative AI software to cut costs and increase productivity. Some of the world's biggest advertisers, from food giant Nestle to consumer goods multinational Unilever, are experimenting with using generative AI software like ChatGPT and DALL-E to cut costs and increase productivity, executives say. Investment is already ramping up …

Data Men Content Adfree Ai Reuters Read

2 years, 8 months ago

Explained: How Indonesia’s palm oil export ban will impact your everyday life

Firstpost

Come Thursday and Indonesia will ban the export of crude palm oil. This will make everything from cakes to cosmetics, spreads to shampoos costlier in India Indonesia has decided to ban the export of crude palm oil from 28 April. It imports around eight million tonnes of palm oil every year, accounting for about 40 per cent of the share …

India Ukraine Russia Oil Prices Indonesia Cent

3 years, 1 month ago

Nestle, Mars and Hersey accused of ‘using child labour to get cheap cocoa’ in new court papers

The Independent

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Seven of the world’s largest …

Labour Mars Work Companies Child Child Labour Cocoa

3 years, 5 months ago

Nestle Changes 'Inappropriate' Chilean Cookie Name That Translated as ‘Little Black Person’

News 18

Nestle said Wednesday it would change the name of a popular chocolate cookie in Chile over concerns it may be culturally “inappropriate.” In future, the “Negrita” that has been sold in Chile for 60 years will be known as “Chokita,” the multinational food company announced, in line with a “culture of respect and non-discrimination.” The “Negrita” is a vanilla cookie …

Nestle Version Negrito Chilean Cookie

3 years, 6 months ago

High court backs Nestle, Cargill in child slave labor suit

Associated Press

WASHINGTON — The Supreme Court sided with food giants Nestle and Cargill on Thursday and threw out a lawsuit that claimed they knowingly bought cocoa beans from farms in Africa that used child slave labor. “Although respondents’ injuries occurred entirely overseas, the Ninth Circuit held that respondents could sue in federal court because the defendant corporations allegedly made ‘major operational …

Labor High Court Court Child Case Suit Nestle

4 years ago

Nestle, Cargill at high court in child labor case

Associated Press

WASHINGTON — The Supreme Court seemed concerned Tuesday about the impact of siding with food giants Nestle and Cargill and ending a lawsuit that claims they knowingly bought cocoa beans from farms in Africa that used child slave labor. If the court were to accept Nestle and Cargill’s arguments, that could further limit the ability of victims of human rights …

Court Child Child Labor Nestle Cargill Labor Case

4 years, 6 months ago

Expressions like ‘Magic’ or ‘Magical’ cannot be monopolised: Madras HC

The Hindu

The Madras High Court has dismissed a suit filed by ITC against Nestle India seeking to restrain the latter from using the expression ‘Magical Masala’ on their noodles product which was similar to ‘Magic Masala’ used by the former. The dispute arose after Nestle India, the defendant, in 2013 introduced an instant noodles product with the expression ‘Magical Masala’. While …

Masala Product Magical Itc Nestle India Expression Magic

4 years, 6 months ago

This 'secret' five-step recipe for chocolate coconut balls is wowing Australia

Daily Mail

An Australian home baker has gone viral on TikTok after sharing her 'secret' recipe to make chocolate coconut balls with Tim Tams and Oreo biscuits. To make the tasty dessert the woman only used five ingredients – white chocolate Tim Tams, Oreos, M&Ms, a tin of Nestle condensed milk and fine desiccated coconut. Scroll down for video An Australian home …

Coconut Baker Tiktok Facebook Jaime Nestle Oreo

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