The FAO Food Price Index fell sharply in July, but the respite may not last

Farmers harvest a wheat field near Melitopol, Ukraine. Futures contracts for wheat, soybeans, sugar and corn have fallen from their highs in March to prices seen at the beginning of 2022. Olga Maltseva | Afp | Getty Images Food prices fell significantly in July from the previous month, especially wheat and vegetable oil prices, According … Read more

The founders of Indian startup Zepto share tips on how to start a company

When he wanted Kaivalya Vohra He left Stanford University to run his startupIt took “two long conversations” to convince his parents. He said getting them on board was not too difficult. “They saw how this business was growing in front of them, and they saw how quickly we could achieve what we had.” It only … Read more

A start-up at Stanford University worth millions, could be India’s Unicorn Tech

“When we started this 12 months ago, every conversation we had was saying, ‘You’re completely out of your mind, this is never going to work,’” said teen CEO Adit Balecha. However, Palicha has been able to prove these skeptics wrong – it has now approached the case of the unicorn and it is one of … Read more

Food prices for coffee, cooking oil and avocados are declining but still high

With soaring food prices continuing to wreak havoc globally, consumers are finding some relief in cooking oil, coffee and avocados. The prices of these foodstuffs have started to decline although they are still relatively high, according to the latest food price data. The prices of sunflower oil and palm oil in the Asia Pacific region … Read more

Finance Minister: South Korea is not concerned about capital outflows at the moment

South Korea’s finance minister has ignored the short-term risks of capital outflows from the Asian economy as gaps in global rates widen. Seong Joon Cho | Bloomberg | Getty Images South Korea’s finance minister has ignored the short-term risks of capital outflows from the Asian economy as gaps in global rates widen. Speaking to CNBC … Read more