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TEA TRADERS
Bengal secretariat moving back to Writers' Buildings: Small traders hope for revival of businessesSmall traders in Kolkata's BBD Bag area are hopeful as the West Bengal government returns to the Writers' Buildings. The move, after 13 yea...- Global Market Today: Asian stocks rise, oil falls as US cites Iran progressGlobal stocks surged to record highs as President Trump indicated progress in Iran negotiations, easing geopolitical tensions. This develop...
- Myseum takes flight after Allbirds in fresh AI rebrand waveCompanies are shifting focus to artificial intelligence. Allbirds, a footwear maker, saw a significant stock surge after announcing a pivot...
- Allbirds shares jump over 400% on plans to pivot to AI from sneakersFootwear maker Allbirds shares have surged dramatically. The company is now raising capital and pivoting towards AI computing infrastructur...
- India's tea auction system under severe stress as buyers purchase teas privatelyIndia's tea auction system is under strain as teas are increasingly being purchased privately. Buyers, both domestic and international, pre...
- Kenya taking over global markets, Indian tea producers look inward for price recoveryIn 2020, tea production India fell due to the lockdown. Once the lockdown was withdrawn, it took almost a month for the bushes to come in s...
- Production down, Darjeeling tea industry in 'bad shape': Planters' bodyThe garden owners are anticipating losses this year as the output will be lower than the annual production of about seven million kg, Darje...
- GoI may provide relief to tea gardens from TDS in cash withdrawal“Following our discussion on the issue, the Finance Minister has taken it into her consideration. While agreeing to the problems of tea sec...
- Average tea price up by 2.37% in 2019The average auction price this year has been Rs 141.17 per kg.
- A kg of tea sold at Rs 75000 in Guwahati tea auction centreThe tea was bought by Assam Tea Traders.
- Tea prices move up, traders happyThere is also demand for orthodox teas from Germany which is fuelling the price of these teas.
- Arunachal tea variety fetches Rs 40,000 per kgA 1.1 kg lot of Golden Needles tea variety of Donyi Polo tea estate in Arunachal Pradesh sold at Rs 40,000 per kg yesterday.
- GST issue sorted out for tea auctionThe billing issue relating to imposition of GST at the auction houses has been sorted out, said secretary of Calcutta Tea Traders Associati...
- India International tea convention 2016 to be held at Ooty from September 22The highlight of the convention will be the business session in which around 500 delegates from around the world are expected to participat...
- Tea traders seek exemption of tea sector from the ambit of Food Safety and Standards ActVice-chairman of AITTA Dinesh Bihani told ET, “In last few months Modi’s campaign through “Chai Pe Charcha” increased the Tea consumption.”
- Sustainability code for tea industry from July 11Being developed by the board in collaboration with four reputed agencies associated with the industry, the code encompasses all aspects of ...
- Tea prices jump on thin supplies, local demandTea prices jumped at last week's auction due to a sharp drop in supplies and good demand from local industry.
- Tea producers suffer Rs 70 crore loss due to e-auction failureTea producers who offer teas at the Kalcutta auctions are in a fix. A link failure at the e-auction has resulted in teas worth Rs 70 crore ...
- Drop in prices to hurt tea companies' H2 bottom line: Indian Tea AssociationWith prices sliding Rs 10-15 per kg and the rate of interest going up by 3% on an average, tea companies' cash flow is under pressure.
- Packet tea prices may surge by 5-10% in JunePrices at Kolkata & Guwahati auction centres are seeing a major upswing.
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