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Food spending india

Food spending rises in rural India, non-food items propel urban expenditure

In rural India, food accounted for 54% of the ₹349 rise in spending. Vegetables, beverages and processed food, and dairy products contributed 35% of this growth, as per National Statistics Office’s Household Consumption Expenditure Survey (HCES). Urban areas saw non-food items driving 54% of the ₹537 increase, led by miscellaneous goods and entertainment, clothing and footwear, and education.

Stock market crash image

US Fed forecast rattles Dalal Street, Indian investors lose ₹6 lakh crore within minutes

The Indian stock market experienced a steep decline on Dec 19 with Sensex plunging over 1000 points and Nifty slipping below 24,000 following the US Federal Reserve's projection of fewer interest rate cuts in 2025 due to persistent inflation, dragging down major stocks like HDFC Bank Infosys and Reliance Industries.

Ola Delivery Representational Image

Ola gears up for 10-minute food delivery launch in Bengaluru

Competing with Zepto Cafe, Swiggy Bolt, and Blinkit’s Bistro, Ola’s new service aims to redefine quick-service restaurant food deliveries.

Food

French foodpreneur makes ₹50 crore selling premium sandwiches in Bengaluru

Mostly self-taught without any professional cooking courses but with a vast cooking experience, Nicolas Grossemy who came to India in 2014 now owns the popular Paris Panini with seven dine-in and five delivery kitchens in the city with a turnover of over ₹ 4 crores a month.

Meta

Meta shares surge to record high as US Court upholds TikTok ban citing security concerns

The court affirmed a law passed with bipartisan support in Congress and signed by President Joe Biden grants the US government extensive authority to ban foreign-owned apps that could raise concerns over the collection of Americans’ data.

Listed one of world's 'worst airlines', IndiGo fires back with 'unreliable' data claim

IndiGo denies claims in ‘worst airlines’ report, calls survey data unreliable Sub head: The report of AirHelp ranks the airlines based on global customer claims, on-time performance, and traveler feedback from 54 countries, evaluating things like crew service, food quality, and chair comfort.

Uber

Asia’s first water transport service 'Uber Shikara' launched in Srinagar’s Dal Lake

The initiative, launched with just seven boats for now, will attract more tourists to the lake and help enhance business, Wali Mohammed Bhat, President Shikarawala Association Kashmir tells Education Post.