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Swiggy launches new food discovery interface for health-conscious consumers, Technology News, ETtech

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Swiggy launches new food discovery interface for health-conscious consumers
Swiggy has launched a dedicated food discovery interface for health-conscious consumers on its app where select restaurants curate menus and share detailed nutritional information on macronutrients of dishes with customers.

The food ordering platform said it has worked with nutritionists and top eateries to curate over 10,000 unique dishes from more than 1,000 restaurants. Launched in Bangalore, the Health Hub service will expand to Mumbai, Hyderabad, and Delhi in the next few weeks.

“There is a visible demand for healthy food choices by consumers and restaurants are seeking opportunities to innovate and stay relevant to these market changes. With Health Hub, we want to boost healthy eating patterns across the country and dismiss commonly held beliefs that healthy food is bland, hard to find and expensive,” Vivek Sunder, COO at Swiggy, said.

The past few months have altered the food consumption habits of Indians with a renewed focus on eating right, especially as they spend more time indoors. “With the launch of Health Hub, we expect this trend of ordering healthy dishes to grow and more than double over the next six months,” Sunder said. Consumers have the ability to choose from gluten-free, high-protein, low-carb, organic, vegan, and keto meals across soups, salads, wraps, and desserts.

ET had earlier reported that there has been a sharp spike in consumer preference for healthier options of cooked meals as platforms look to tap into growing demand among young Indians for eating right.

“With Swiggy’s Health Hub, it’s simpler than ever for customers to make the switch and for health brands like us to meet new customers,” Jyotsna Pattabiraman, Founder & CEO at Grow Fit, said.

Takeaway outlets focused on healthy eating include Eatfit, Truffles Hospitality, Healthie, Keto Garden, Nurtibites, Go Native, Fitchef, Health Nuts, Salad Company, and NutriChef among others. Cloud kitchen startup FreshMenu too has started a new healthy food brand called Green Cravings.



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Inflation: Inflation is coming, and big tech won’t protect you

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By Shuli Ren


Over the past decade, it’s almost been too easy for Americans to manage their wealth. A textbook 60/40 portfolio — in its simplest incarnation, exposure to the S&P 500 Index and Treasury bonds — was an effortless winner. The U.S. boasted the world’s best stock market, and bonds, apart from offering interest income, provided a nice hedge against equity risks.

Now we live in extraordinary times that demand a reshuffle. Swapping out some bonds for gold and some U.S. technology stocks for Chinese ones could offer a better hedge: Both can be considered credit default swaps against President Donald Trump’s chaotic policymaking.

You could argue that the wreckage left by Covid-19, combined with what’s quickly shaping up to be a cold war between the world’s two largest economies, is the closest we’ve come to World War III. And just like wartime episodes of the past, we’re seeing disrupted global supply chains, border lockdowns and restricted movements in labor.

War is inflationary. The cheap car parts made in China’s inland city of Wuhan can no longer land in the U.S., and your French wine could cost more as transportation logistics get trickier. Moreover, the Federal Reserve has been flooding its financial system with cash. In just three months, assets held by the central bank ballooned by two-thirds, to almost $7 trillion. To make matters worse, the Fed is mulling a more relaxed stance toward inflation, ready to abandon preemptive rate hikes — even though consumer expectations have been ticking up since May.

As I’ve argued in a recent piece for Bloomberg Businessweek, bonds are no longer effective equity hedges in an ultra-low-rate world that faces inflationary pressure; gold can do a better job. But after a neck-breaking rally, it’s natural to ask if we’re already too late to the game.

History can be our guide. After the collapse of Lehman Brothers in 2008, gold broke out and continued marching higher until September 2011, even as Tea Party belt-tighteners took control of the national narrative in the 2010 midterm election. A decade on, the Republican Party’s libertarian wing has all but disappeared, and is replaced by a cross-the-aisle nod to modern monetary theorists, who brush aside fiscal austerity. The Tea Party is no longer here to sour the gold rally.

Meanwhile, since we’re at war, might it be smart to hedge against the possibility of losing? This cold war isn’t over a plot of land or sea, but domination over next-generation technology.

The U.S. has the absolute advantage now, with chip and robotic designs far ahead of China’s, but that edge is slipping away. While Washington is wrangling over trillions of dollars of stimulus to fend off a recession caused by waves of coronavirus outbreaks, China, which has the pandemic relatively under control, is only strengthening its tech resolve.

For Beijing, it’s killing two birds with one stone. The $1.4 trillion hard tech invesment is the nation’s new fiscal stimulus package. Instead of building more roads to nowhere, China is installing 5G base stations.

It’s high time to consider diversifying from U.S. stocks, anyhow. There have been nagging worries about the market being on a tear even with the economy in the dumps. Meanwhile, Big Tech has become too dominant, with the top five mega-cap names now accounting for more than 20 per cent of the S&P 500 and its entire gain this year. This might help explain why mainland firms that recently went public in New York are outperforming their U.S. counterparts, despite the Trump administration’s attempt to delist China Inc.

Now, I am not advocating that investors plow their money into China’s big tech companies, because they face the exact same problems that U.S. Big Tech has — overbought stocks and impossible expectations. This year’s passive flows only worsened the concentration risk of benchmark indexes. Alibaba Group Holding Ltd. and Tencent Holdings Ltd. account for a third of the MSCI China Index and about 14 per cent of the MSCI Emerging Markets Index.

Rather, investors should do their homework on smaller hard-tech companies. The truth is, once you identify a promising tech seedling, it doesn’t take a venture capitalist’s patience to watch it blossom. India’s Reliance Industries Ltd. joined the Century Club — stocks with over $100 billion market cap — in just three months. Tencent is another example of a melt-up.

Good wealth management is all about diversification. If you’re unsure of Trump’s wartime strategies, add some of gold and China exposure to your portfolio.



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macOS Big Sur Public Beta available, Facebook Gaming app, Qualcomm bug and more

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https://tech.hindustantimes.com/tech/news/tech-wrap-macos-big-sur-public-beta-available-facebook-gaming-app-qualcomm-bug-and-more-71596909810281.html

Tech Wrap: macOS Big Sur Public …

https://tech.hindustantimes.com/tech/news/taiwan-exports-see-urprise-increase-as-tech-shipments-surge-71596902274967.html

Taiwan exports see urprise …

https://tech.hindustantimes.com/tech/news/can-twitter-build-something-worth-paying-for-71596895213433.html

Can Twitter Build Something Worth …

https://tech.hindustantimes.com/tech/news/wechat-us-ban-cuts-off-users-link-to-families-in-china-71596892081407.html

WeChat US ban cuts off users link …



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Zomato introduces 10 days ‘period leave’ for employees

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By: PTI |

Updated: August 8, 2020 10:23:35 pm


zomato, zomato india, zomato lay off, zomato lay offs, zomato customer support employees, indian express news “Starting today, all women (including transgender people)can avail up to 10 days of period leaves in a year,” Zomato Founder said

Online restaurant guide and food ordering platform Zomato on Saturday said it is introducing up to ten days of ‘period leaves’ for all women employees to build a more inclusive work culture in the organisation.

“At Zomato, we want to foster a culture of trust, truth and acceptance. Starting today, all women (including transgender people) at Zomato can avail up to 10 days of period leaves in a year,” Zomato Founder and CEO Deepinder Goyal said in a blog post.

There shouldn’t be any shame or stigma attached to applying for a period leave. You should feel free to tell people on internal groups, or emails that you are on your period leave for the day, he added.

In a note for the male employees in the blog, Goyal said, “Our female colleagues expressing that they are on their period leave shouldn’t be uncomfortable for us”.

“I know that menstrual cramps are very painful for a lot of women, and we have to support them through it if we want to build a truly collaborative culture at Zomato,” he added.

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