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RESTAURANT OPERATIONS REDUCTION
The City of Gold starts coming back to life after its darkest hourDubai's economic landscape is tested after regional conflict. Aviation, hotels, and real estate see impacts. Luxury retail also faces press...
Forget fake invoices. The real risk is the assumptions made in the balance sheet to hide lossesMost accounting risks make noise. The biggest one on the Indian balance sheet doesn't. It hides inside growth assumptions, discount rates, ...
Red Lobster Tallahassee closure: Is America’s oldest Red Lobster shutting down forever? Tallahassee’s iconic 56-year restaurant closes May 24 — final chance for Cheddar Bay BiscuitsRed Lobster restaurant 2026 closing list near me: After 56 years of service, Red Lobster's longest-running U.S. location shuts its doors th...
The $138 bn buffer: India’s most visible export can rescue the rupeeIndia is considering a policy push to accelerate overseas deployment of skilled workers as part of a broader strategy to support the rupee ...
Eating out or ordering online may soon cost more: Food services set to become 5–10% costlier starting next week amid fuel price hikeEating out and ordering food will soon cost more. Fuel prices have increased, impacting restaurant costs. This will lead to a 5-10% rise in...
IGL proposes to halve PNG pressure to restaurantsIndraprastha Gas Limited proposes reducing piped natural gas pressure to 1 bar for industrial users. This move aims to minimize wastage and...
When the acquisition looks great but the footnote doesn't: How Indian managements turn deals into balance-sheet fictionAcquisitions are among corporate finance’s most celebrated events. But the harder story usually emerges later, when the accounting begins t...
UAE hotels find peace in war, go for renovations and upgradesPremium hotels in Dubai are undertaking renovations. This is happening due to a slowdown in tourist numbers. Some hotels will close for up ...
Indian restaurants' 'slowdown' is ringing up a ₹79,000 cr bill as Iran war chokes LPG supplyThe Indian dining scene is looking at a staggering monthly loss of ₹79,000 crore as a result of a commercial LPG shortage. This hiccup is f...
Price hikes on the horizon: Expect a hit on your budget as Iran war's impact becomes clearIndian consumer firms are seeing rising costs from higher crude oil prices. This could lead to price increases soon. Companies are trying t...
UAE slows down from Gulf war stress; raises remittance concerns for India amid layoffs, pay cutsThe United Arab Emirates economy faces early stress as the Gulf war continues. Sectors like hospitality, travel, and food & beverage are se...
LPG price surge cuts food orders, shrinks delivery rider earningsDelivery riders in India are experiencing a significant drop in orders and earnings due to soaring commercial LPG prices. Restaurants are r...
Food and beverage outlets near shutdown, unable to fulfil online orders amid LPG crisisIndia's food and beverages sector faces a severe LPG crisis. Supply disruptions from West Asia are forcing restaurants to close and halt de...
India restaurants face LPG crisis: Shorter hours, menu cuts amidst gas shortageA severe LPG shortage, exacerbated by the Gulf War and a government directive prioritizing domestic use, is forcing Indian restaurants to c...
Surge in dining and entertainment spending boosts restaurant and cinema revenue ahead of DiwaliLowered tax rates are fueling a surge in discretionary spending, with restaurant chains, pubs, and online booking platforms experiencing si...
Ecommerce sellers count on cash-flow gains from GST cutRecommendations by the GST council aim to benefit suppliers on online platforms and real money gaming firms through tax changes, including ...
Re-introduce input tax credit for restaurants: NRAIThe industry is also making a fresh bid to reduce the number of licenses required to operate a restaurant- a factor perturbing many operato...
Why despite GST cut, eating out at McDonald’s, Burger King, KFC, Pizza Hut & Domino's has not become cheaperIncreases at McDonald’s (north and east), Burger King, Pizza Hut, Domino’s range from 5% to 8%, while KFC said the rise in price was margin...
Restaurant associations to approach Finance Ministry for input tax credit on rentNational Restaurant Association of India (NRAI) said it is also planning to send representations to the finance ministry on the matter.
Taxmen are now grilling leading eateries about menu prices before & after GST cutSoon after GST cut, many eateries like Starbucks and McDonald’s raised prices, citing withdrawal of credit for taxes paid on raw material a...