
Why Parle-G Costs Rs 2,300 In Gaza? Viral Video Reveals Food Crisis Plight
Viral Video Sparks Global Attention
On June 6, a resident of Gaza named Mohammed Jawad uploaded a video on X wherein he is giving his daughter, Rafif, a packet of Parle-G, her favourite biscuit. In the caption, Jawad had written, "After a long wait, I finally got Rafif her favourite biscuits today. Even though the price jumped from €1.5 to over €24, I just couldn't deny Rafif her favourite treat." The video, which showed the outrageous price tag of the otherwise low-priced biscuit, went viral, leaving viewers who were used to Parle-G's usual Rs 100 price point in foreign markets speechless.
pic.twitter.com/O1dbfWHVTF June 1, 2025
Food Scarcity Drives Price Surge
The Gaza conflict has resulted in critical food shortages, with prices of common items such as Parle-G taking a dramatic rise. Normally costing Rs 100 for a packet worldwide, the biscuit is now available for up to Rs 2,342 in Gaza because of low availability and broken import channels. The crisis has rendered even staple items scarce, worsening the plight of civilians in the conflict area.
Online Reactions And Calls For Aid
The clip elicited mass reactions on X, with people shocked and empathising. A user named India's External Affairs Minister S Jaishankar, pleading, "The baby is having India's favourite biscuit. May we send more Parle-G to Palestine? These are glucose biscuits and will ease the civilian population." Another said, "Rafif deserves all the biscuits she wants, be safe family," capturing the emotional impact of the story.
Wider Gaza Crisis Context
The Parle-G price hike reflected the wider humanitarian crisis in Gaza, where conflict has ravaged food supply chains, driving up prices and leaving families scrambling to afford even basic foodstuffs. As matters deteriorate, demands for international intervention, including food aid, remain on the increase.
Parle Products, the manufacturer of Parle-G, has yet to make a comment on the viral video or the Gaza situation. This article will be updated if a statement is made.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


India Today
21 minutes ago
- India Today
Mumbai-Pune Expressway sees Rs 470 crore in e-challans, recovery just Rs 51 crore
The AI cameras on the Mumbai-Pune Expressway have slapped Rs 470 crore in fines since July 2024, but only Rs 51 crore has been paid so far highlighting a major gap between issuing and collecting e-challans under the traffic violations expressway Intelligent Traffic Management System (ITMS), armed with AI-powered cameras, began working in July 2024. By mid-July 2025, it had issued 27.76 lakh e-challans worth Rs 470 crore, but collections stand at a mere Rs 51 GETTING FINED?Cars lead the list with a whopping 17.20 lakh e-challans. Heavy goods vehicles follow with 3.27 lakh, buses and other big passenger vehicles got 2.48 lakh, taxis 2 lakh, and smaller categories, light goods, medium goods, articulated trucks, medium passenger buses, make up the rest. ITMS is run by Proctech Solutions ITMS LLP, which earns Rs 654.90 per challan (including GST). Between July and December 2024 alone, the operator collected Rs 57.94 crore for processing 8.84 lakh whole setup includes 40 gantries, hundreds of CCTV and speed-detection cameras, ANPR, weigh-in-motion sensors, vehicle classifiers, weather sensors, messaging systems, and a central Command and Control Centre (CCC). RTO officials approve every challan after the system flags a violation, and staff at the CCC verify FUILLING TRANSPORT FRUSTRATION?Most fines are triggered in the Khandala Ghat section, a steep, 10-km downhill stretch between Lonavala and Khalapur. Here, speed limits are set at 60 km/h for cars, and just 40 km/h for heavy vehicles, even though the rest of the expressway allows up to 100 km/h and 80 km/h respectively. Transporters argue that the low limit is hard to keep on the downhill, causes slowdowns, and even want the limit for heavy vehicles on that ghat stretch raised to 45–50 km/h. Last month, they struck in protest. The strike ended when the government formed a panel to review the issue.- Ends


Time of India
21 minutes ago
- Time of India
All Time Plastics IPO: GMP drops to 3%; issue booked 1.26x on Day 3. Should you subscribe? Check key details
All Time Plastics' Rs 401 crore IPO is modestly subscribed at 1.26 times, with retail investors showing strong interest on Day 3. The grey market premium stands around 3.3%, indicating a potential listing price slightly above the issue price of Rs 275. Tired of too many ads? Remove Ads All Time Plastics IPO GMP Today: Indicates Mild Positive Sentiment Tired of too many ads? Remove Ads Business Model and Operations Tired of too many ads? Remove Ads Financial Performance Investment Outlook All Time Plastics' Rs 401 crore Initial Public Offering (IPO) is witnessing mild investor enthusiasm, with shares currently trading at a 3.3% premium in the grey market over the issue price of Rs 275 on Day 3 of subscription. At its peak, the grey market premium had touched around 9%, suggesting that early excitement has eased, but investors still expect a modest gain at per stock exchange data, the All Time Plastics IPO was subscribed 1.26 times overall as of 10:12 AM on the third and final day of bidding. The bulk of this demand came from retail investors, who have shown relatively higher interest compared to institutional and high-net-worth Grey Market Premium (GMP) for All Time Plastics shares currently stood at around Rs 9–10 per share as per the latest updates, reflecting a 3.3% to 3.4% premium over the IPO issue price of Rs 275. This GMP hints at a possible listing of around Rs 284– GMP isn't an official indicator, it often provides insight into market demand and listing expectations ahead of formal of 10:12 AM on Day 3, the IPO has been subscribed 1.26 times overall, showing a modest level of interestRetail Individual Investors (RIIs) have shown comparatively stronger interest. They have subscribed to 1.44 times the 52.92 lakh shares reserved for them—signalling retail confidence in the Non-Institutional Investor (NII) segment, which includes high-net-worth individuals and corporates, has subscribed to 85% of its allocated 22.68 lakh shares. This is relatively subdued but could improve as the day Institutional Buyers (QIBs) have subscribed to 37% of their 29.49 lakh share quota as of now. All Time Plastics IPO Price Band and Listing DetailsAll Time Plastics has fixed its IPO price band at Rs 260 to Rs 275 per share for its upcoming initial public offering (IPO). Shares of the company are scheduled to be listed on both the BSE and National Stock Exchange (NSE) on August Time Plastics is a key supplier to major global retail chains such as IKEA, Tesco, Asda, and the company has traditionally operated under a business-to-business (B2B) model, it has gradually diversified into the business-to-consumer (B2C) segment through its in-house brand, "All Time." Currently, it offers a wide range of 1,848 stock-keeping units (SKUs) across product categories such as kitchenware, bathware, storage containers, and child-friendly Time Plastics runs three manufacturing facilities located in Daman, Silvassa, and Manekpur, collectively offering an installed production capacity of 33,000 tonnes per annum (TPA) as of FY25. The IPO proceeds will primarily be utilised to repay outstanding debt worth Rs 143 crore, invest Rs 113.7 crore in new machinery for the Manekpur plant, and meet working capital and general corporate needs. The expansion is expected to enhance manufacturing efficiency and help meet growing demand from both domestic and international company's financial performance has shown consistent improvement between FY23 and FY25. Revenues increased from Rs 443 crore to Rs 558 crore, while profit after tax (PAT) rose from Rs 28 crore to Rs 47 crore. The EBITDA margin strengthened to 18.12% in FY25, and the return on equity reached 19.01%. Based on the upper end of the IPO price band, the stock is priced at a price-to-earnings (P/E) ratio of 30.52x and a price-to-book (P/B) ratio of to a report by Canara Bank Securities, All Time Plastics' IPO has been assigned a 'Subscribe' rating, particularly suited for investors with a medium to long-term investment horizon. The brokerage highlights the company's robust export presence, well-established relationships with leading global retailers, healthy margin profile, and planned capacity expansion as key factors supporting its growth trajectory. The report also notes that, when compared to listed peers such as Shaily Engineering (trading at a P/E of 78.93x) and Cello World (P/E of 38.18x), All Time Plastics is reasonably valued at the upper end of its price the report also cautions investors about certain risks. These include the lack of long-term supply contracts with customers, exposure to raw material price fluctuations, and margin pressure from international retailers.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)


India Today
21 minutes ago
- India Today
VinFast signs first financing partnership in India with HDFC Bank
HDFC Bank has signed a Memorandum of Understanding (MoU) with VinFast Auto India to provide auto and inventory financing solutions for customers and dealers of the Vietnamese electric vehicle (EV) manufacturer. This marks VinFast's first tie-up with an Indian bank as it gears up to launch its operations in the the agreement, HDFC Bank will offer customised financing options to make VinFast's electric cars more accessible to Indian buyers, while also providing working capital support for its dealer network. The partnership will leverage the bank's extensive branch network and digital platforms to reach customers in both metropolitan and emerging move comes ahead of VinFast's planned debut of its VF 6 and VF 7 models in India, with the financing benefits extending to its entire product range. Both companies see the tie-up as a step toward accelerating EV adoption in one of the world's fastest-growing electric mobility markets. "Financing will play a significant role in driving increased EV adoption. The MoU with VinFast is another step to accelerate the adoption to further this and will enable customers access VinFast's well known product line through well laid out financing options. This is part of the Bank's larger effort to support customers in meeting their aspirations in a convenient way," said Arvind Vohra, Group Head, Retail Assets, Rural and SLI Banking Group, HDFC Sanh Chau, CEO of VinFast Asia, described the agreement as 'a significant milestone' in making electric mobility more inclusive and future-ready for Indian consumers. He said, "This MoU marks a significant milestone in our efforts to make electric mobility more inclusive, convenient, and future-ready for Indian consumers. Partnering with a trusted banking institution like HDFC Bank ensures that we are not only delivering exceptional products and services, but also building the financial ecosystem necessary to support our customers and dealer partners at every step of the journey."The MoU reinforces VinFast's push to establish a strong footprint in India and aligns with HDFC Bank's strategy to support sustainable transportation. Auto loans remain a major driver for the bank's retail assets, with its auto loan portfolio crossing Rs 1.48 lakh crore as of June 30, to Auto Today Magazine- EndsTune In