NATIONAL RESTAURANT ASSOCIATION OF INDIA
Beer brands missing from Delhi bars, restaurants. Here's why
Delhi faces a beer shortage, impacting sales at various venues. Sudhakar Banerjee notes the absence of popular beer brands at a niche restaurant, affecting customer satisfaction. Restaurateurs struggle with limited stock, leading to sales decline and customer experience issues. The shortage prompts customers to seek drinks in neighboring towns, exacerbating the problem.
Food Inc eyes quicker commerce on match day
With India battling South Africa in the T20 World Cup final this Saturday, quick commerce, food delivery services, restaurants, and brands are bracing for a massive order spike. As fans cheer on the Men in Blue, bars and restaurants screening the match anticipate packed houses and a jump of 20% to 50% in online sales.
RBI, ASEAN countries to create instant cross-border retail payments platform
The Reserve Bank of India and ASEAN nations are collaborating on "Project Nexus," aimed at establishing a platform for instant cross-border retail payments by linking fast payment systems. India joins Malaysia, Philippines, Singapore, and Thailand as founding members, with plans to expand globally by 2026, enhancing efficiency and reducing costs in international transactions.
The T20 World Cup was a milestone for cricket's global ambitions
With the decision to increase the size of the tournament to 20 teams and to play part of the group stage in the USA, the International Cricket Council (ICC) saw this World Cup as a vehicle for expansion of the sport's popularity. More teams from emerging cricket nations were given a chance to perform on the global stage and Americans were offered the opportunity to engage with a sport far from their mainstream.
How mutual fund flows are making Dalal Street Aatmanirbhar
FIIs impact Indian capital markets, with mutual funds gaining prominence. SEBI's actions on P-Notes and rise of SIPs stabilize market. Prof Ghalke and Aditya Bharambe contribute to market insights.
Restaurants face the heat in summer of '24, business drops by up to 40 per cent
Temperatures in and around Delhi have hit all time highs this summer. On May 29, the day's maximum temperature of 46.8 degrees Celsius, recorded at the primary weather station Safdarjung Observatory, was a 79-year high. It broke the previous record of 46.7 degrees Celsius, registered on June 17, 1945. In Najafgarh area, temperatures soared even higher.
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Are robots taking over restaurants? Tasks, challenges and future of robots in restaurants
US restaurants are experimenting with robots which are performing a variety of tasks. They are seeking to solve the issue of labor shortage while at the same time improve efficiency and optimize revenue.
2014, 2019 and now 2024: Nirmala Sitharaman takes oath as Union minister in PM Modi cabinet
In the 2014 cabinet, she served as the Minister of State for Finance and Corporate Affairs and later the Minister for Commerce and Industry with Independent Charge. In 2017, she was appointed as the Union Defence Minister.
IMA Junior Doctors demand CBI inquiry into alleged irregularities in NEET 2024
IMA Junior Doctors Network demands CBI inquiry into alleged irregularities in NEET 2024, raising concerns about perfect scores, mismatched marks, grace marks, paper leaks. They request re-examination for fair evaluation. Letter sent to NTA Chairperson, Pradeep Kumar Joshi.
From Sheikh Hasina to Wickremesingh: Check full list of global leaders that will attend Modi's oath ceremony
Narendra Modi Oath Ceremony: The people cited above said top leaders of Bangladesh, Sri Lanka, Bhutan, Nepal and Mauritius are likely to be among the foreign leaders to be invited for Modi's oath-taking ceremony. The media division of Sri Lankan President Ranil Wickremesinghe's office said Modi invited him to the swearing-in ceremony. It said Wickremesinghe accepted the invite.
LS polls 2024: Candidates from 41 parties get elected this time, up from 36 in 2019
In the 2024 Lok Sabha elections, 41 political parties had candidates elected, up from 36 in 2019. National parties secured 346 seats (64%), state-recognized parties won 179 seats (33%), unrecognized parties clinched 11 seats, and independents won seven. Participation increased to 751 parties, a 104% rise since 2009.
Insolvency proceedings ordered against Jaiprakash Associates; these Jaypee homebuyers won't be impacted
Jaypee home buyers: Jaiprakash Associates Ltd (JAL) is currently in the process of insolvency proceedings, and an appointed resolution professional by the NCLT will now assume control. As per a news report from the Times of India, the board, previously led by the Gaurs, will cease to function.
Bankruptcy court admits ICICI Bank's insolvency resolution plea against Jaiprakash Associates
Admission affects deal with Dalmia Bharat Group for Rs 5,666 crore. Case represented at NCLT.
Emirates boss says India’s protectionist stance will be detrimental to economy
Emirates president Tim Clark opposes India's protectionist stance to favor its carriers. The UAE requests more seats, Air India supports the move post-Tata takeover, and IndiGo ventures into long-haul travel with Airbus aircraft.
Now, a 'Bank Clinic' to guide you on complaints
The Bank Clinic is an initiative by the All India Bank Employees' Association (AIBEA) to help customers address their grievances amid rapid expansion in technology and a series of Reserve Bank of India (RBI) guidelines on retail banking. A customer can fill out the details of her/his complaint, create a ticket, and receive a reply in five working days on the remedies available and information on what the RBI guidelines prescribe on that matter.
Has India’s toy story started to falter?
After hitting a high of $177 million in the financial year 2022, India’s toy exports are seeing a fall. To add to the pain, imports are also rising.
Indians give eateries cold shoulder amid head-spinning heat
Extreme heatwave conditions across India have significantly impacted restaurants, pubs, and bars, leading to a sharp decline in sales and footfalls, with some outlets reporting up to a 40% decrease. Al fresco dining and high street locations are worst affected, especially during lunch hours, which are seeing a notable drop in business. The heatwave, with temperatures exceeding 50 degrees Celsius in some places, has led people to avoid outdoor dining, impacting sales till about 6 pm.
Fake job offers in India or abroad: How to spot a fraudulent job offer, know the full list of authorised agents for foreign jobs
Fake job offers: India is such a country where millions of young people reside and many of them are searching for a job either within India or abroad. Younger people have aspirations and enthusiasm which fraudsters are using to dupe them with fake job offers. In the recent past many young Indians were taken abroad to work in scam jobs, etc.
"Not in favour of CPEC": India reiterates its stance on PoJK
MEA spokesperson reaffirms India's claim on Jammu and Kashmir, opposes CPEC. Pakistan and China strengthen CPEC cooperation. Baloch activist raises human rights concerns at UN regarding CPEC impact on Balochistan.
India's biryani craze keeps food, delivery companies on their toes
Grover said the company is also conducting a pilot in Mumbai for ‘Mehfil-e-Behrouz’. “Under this, we will arrange a buffet-like setup for people wishing to host a gathering through Behrouz complete with table runners, and kebabs and curries as accompaniments,” he added.
IPL final: F&B companies rejoice as demand at bars and cafes soars up to 50% amid lean summer
During an otherwise lean season for pubs, bars and restaurants because of people being away on summer vacations, the IPL final in Chennai triggered a dramatic spike in footfall and sales across the cricket-crazy nation, executives said.
India needs a robust system to protect doctors from bogus lawsuits & ensure accountability for negligence
Indian Medical Association (IMA) praised GoI for criminal reforms absolving medical fraternity from liability under Section 304(a) of IPC, now Section 26 of Bharatiya Nyaya Sanhita. Supreme Court's 'Jacob Mathew vs State of Punjab' judgment balanced protecting doctors from frivolous prosecutions and accountability in negligence cases. Medical Council of India enforces ethical standards for doctors.
India only nation among top 5 to see growth in steel production
India is the only top five steel producing nation to see growth in production in April, while China, Japan, and the United States experienced a decline. India's steel production rose by 3.6% in April, with a total of 49.5 million tonnes produced from January-April this year.
Paper, paperboard imports up 34pc in FY24 on higher supplies from ASEAN bloc: IPMA
Imports of paper and paperboard in the country rose by 34 per cent to 19.3 lakh tonnes in 2023-24, driven by higher shipments from ASEAN countries, an industry association said on Wednesday. The Indian Paper Manufacturers Association (IPMA) in a statement said that the increasing imports of these products are hurting the domestic industry.
'Broadcasting policy must exclude OTT, online gaming and music': Stakeholders to TRAI
Media and entertainment industry stakeholders are urging the Telecom Regulatory Authority of India (TRAI) to confine its recommendations on the National Broadcasting Policy (NBP) solely to matters within the broadcasting sector. They advocate for the exclusion of non-broadcasting concerns such as OTT, online gaming, film, and music, citing that these areas fall outside TRAI's jurisdiction.
India has changed from a nation of savers to a nation of investors: Uday Kotak
Kotak, the banking industry stalwart, hailed India's transition from a nation of savers to investors. Reflecting on the past, he recalled companies resorting to foreign exchanges for capital. He emphasized India's shift towards investment culture, notably through SIPs. Despite a recent decline in equity fund inflows, SIP contributions hit a record high, showcasing India's growing appetite for investment.
Restaurants in Mumbai to give 20% 'Democracy Discount' to voters on May 20 & 21
Mumbai introduced a 20% discount for local voters on May 20-21 through the Democracy Discount initiative by NRAI Mumbai Chapter, encouraging voting participation.
Relais & Châteaux president says the hospitality association should have a wider presence in India
Relais & Châteaux plans to expand in India due to high trip spend. President Gardinier studies properties fitting association's DNA. Emphasis on local design and gastronomy. Top source markets are US, France, UK.
Service charge by restaurants, hotels with GST a 'double whammy' for customers: Delhi High Court
Delhi High Court criticizes service charge with GST, questioning renaming to 'staff charges' by restaurant associations. Case involves Consumer Protection Authority's guidelines on transparent service charge display, next hearing on May 29.
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