Three regional associations — Nilgiris Bought Leaf Tea Manufacturers Association, North Bengal Tea Producers Welfare Association, and Assam Bought Leaf Tea Manufacturers Association (ABLTMA) — have united to form the Federation of Indian Tea Manufacturers Association (FITMA). The new national body will represent the interests of over 525 factories producing 615 million kilograms of tea … Read more
Pahalgam terror attack impacts tourism in Jammu, with 35% bookings cancelled, urging change in perception of J&K. | Photo Credit: SHIV KUMAR PUSHPAKAR Rakesh Wazir, president of the Hotel and Restaurant Association in Katra, on Monday said that the deadly Pahalgam terror attack has “significantly” impacted the influx of tourists and bookings even in the … Read more
GM crop finding | Photo Credit: NAGARA GOPAL Bharatiya Kisan Sangh (BKS) General Secretary Mohini Mohan Mishra’s interview to businessline, stating that a full stop would be put to genetically modified (GM) crops, has brought to the open differences between the Modi Government and the Sangh, says a little bird. Mishra pointed out that while NITI … Read more
Pakistan had suspended trade with India way back in 2019 (following trade tensions triggered by the Pulwama attack) but eased it for some items soon | Photo Credit: Ruma Aktar Decision to suspend all trade with India, including through third countries like Dubai, is set to hurt Pakistan much more as it remains far more … Read more
Its net profit stood at ₹665.5 crore in the year-ago period | Photo Credit: SasinParaksa Realty firm Macrotech Developers Ltd plans to invest more than ₹8,000 crore this fiscal to acquire land parcels in Mumbai Metropolitan Region (MMR), Pune and Bengaluru for building housing projects as part of its expansion plan. Macrotech Developers, which sells … Read more
Indian architect’s bio-cladding system wins Swarovski Foundation’s ‘Creatives for Our Future’ program, promoting greener cities globally. | Photo Credit: Getty Images An Indian architect’s “bio-cladding system” for greener cities is one of six global projects chosen by the 2025 Swarovski Foundation’s ‘Creatives for Our Future programme’, an initiative along with the United Nations Office for Partnerships. … Read more
When John Pierpont Morgan, Founder of the world’s largest bank by market capitalisation JP Morgan & Co, said ‘Gold is money. Everything else is credit’, little would he have known that no one would come to understood this better than ‘Indian housewives.’ In a recent post on X, veteran banker Uday Kotak lauded ‘Indian housewife’ … Read more
While globally, FMCG/ consumer non-discretionary sectors are viewed as defensive plays, in India, for over a decade, they also served as aggressive growth bets. Why not, when GDP was growing consistently in mid- to high-single digits pulling up millions of people out of poverty and pushing them into the consumption class! On top of this, … Read more
IDFC First Bank reported a sharp 58 per cent year-on-year (yoy) drop in fourth quarter (Q4FY25) standalone net profit at ₹304 crore, with the bottomline being dragged by a jump in provisions, including towards deliquent assets in the microfinance portfolio. Sharply lower tax expenses, to an extent, acted as a counterweight to the aforementioned provisions, … Read more
