Demand outlook for quick service chains positive, despite price jumpThe food service industry is expected to clock 9% growth with QSRs likely to grow faster at 23% over FY20-25 as they operate on mass prices...
01 Jun, 2022, 01.02 AM IST
Funding, M&As return as food industry recovers to pre-Covid levelsAshish Kapur, promoter of premium bar chains Whisky Samba and The Wine Company, said the group has set aside a corpus of Rs 150-200 crore f...
10 May, 2022, 06.00 AM IST
Global economy rebounds, but for how long?The world economy woke up from its pandemic-induced coma in 2021, but between the Omicron variant causing renewed disruptions and persisten...
28 Dec, 2021, 11.50 AM IST
Indian economy rapidly recovering from pandemic-induced downturn: Harsh ShringlaThe foreign secretary also showcased various ambitious structural reforms rolled out by the government in the last few years to enhance eco...
14 Dec, 2021, 01.02 PM IST
Global economy rebounds, but for how long?The world economy woke up from its pandemic-induced coma in 2021, but soaring inflation, global supply chain bottlenecks and a resurgent co...
01 Dec, 2021, 10.17 AM IST
Tech hiring rebounds in May; overall job market still weak, says reportThere was a 2 per cent decline in the overall number of new job posts in May on the SCIKEY Market Network, a job site, including in sectors...
19 Jun, 2021, 02.36 PM IST
SoftBank Vision Fund seen posting record earnings on CoupangSoftBank's 37% stake in Coupang, which sources have said was acquired for about $3 billion, was worth around $30 billion at the end of the ...
21 Apr, 2021, 03.48 PM IST
Delhi to recover faster than other markets with liquor reforms, say alcobev industry execs“The fineprint of the policy, which includes increased serving timings for bars and restaurants from 1 am to 3 am, removing price restricti...
23 Mar, 2021, 11.48 PM IST
Reform measures in Budget to take India out of COVID-induced downturn: Rajiv KumarOn disinvestment target of Rs 1.75 lakh crore for the next fiscal year, Kumar said a lot of preparatory work has already been done in the l...
02 Feb, 2021, 05.10 PM IST
China's Xi warns Davos World Economic Forum against 'new Cold War'In a swipe at moves targeting China launched by the previous US administration under President Donald Trump, Xi said confrontation "will al...
25 Jan, 2021, 11.25 PM IST
Budget 2021-22: CII suggests graded road map towards competitive import tariffsThe Confederation of Indian Industry (CII) has proposed the road map to encourage domestic manufacturing in alignment with global trade tre...
28 Dec, 2020, 08.25 AM IST
Customer leaves $5,600 tip at US restaurantIn a Facebook post, Moussa Salloukh, the owner of Souk Mediterranean Kitchen & Bar in Toledo, said the generosity left staffers cry tears o...
22 Dec, 2020, 01.32 PM IST
China factory prices fall more slowly in August with recovery on trackChina's economy returned to growth in the second quarter after a massive coronavirus-induced contraction at the start of the year. Recent i...
09 Sep, 2020, 09.27 AM IST
Steelmakers’ operating margins to take a hit in FY21: CrisilSteelmakers are likely to defer nearly half of their planned capex this fiscal and conserve cash to fortify financials. Debt issues of most...
23 Jul, 2020, 03.07 PM IST
China's second-quarter GDP grows 3.2% year-on-year, beats expectationsThe growth was faster than the 2.5% forecast by analysts in a Reuters poll, and followed a steep 6.8% slump in the first quarter, the first...
16 Jul, 2020, 11.17 AM IST
Dalio’s Bridgewater warns of possible ‘lost decade’ for stocksBridgewater has made $58.5 billion for its clients since its beginning in 1975.
19 Jun, 2020, 08.09 AM IST
Gold slips as economic recovery hopes lift equitiesSpot gold slipped 0.2% to $1,745.32 per ounce by 0044 GMT. U.S. gold futures declined 0.2% to $1,748.60.
21 May, 2020, 09.03 AM IST