Tea estates across Assam and West Bengal, which were hitherto closed owing to the lockdown, opened in April.
In the last three years, 20 gardens have changed hands, and 90 per cent of the buyers are from non-tea background.
The story of the Bombay Stock Exchange and the people who shaped its growth: From wars and bomb blasts to speculators, reformers and wealth creators.
'I always considered him as a director, never an actor. Do you know he always considered other actors for his films first?' 'For Pyaasa, he wanted to cast Dilip saab; only when Dilip saab refused did Guru Duttji decide to do the role himself.'
Over the years, India has also lost its CTC market heavily to Kenya. And, Sri Lanka, which markets the Ceylon tea brand, has also been able to aggressively tap these markets.
The Kathalguri Tea Estate in the Dooars, is now closed. Situated 40 km from Jalpaiguri, on the India-Bhutan border, it was a big garden with more than 1,200 acres of plantation and 1,479 workers. The annual output of the garden used to be 12 million kg of processed tea and sources in the Dooars Branch of the Indian Tea Association say it could have yielded up to 16 million kg of tea if it had been run properly..
Iran is India's largest importer of tea in value terms while in terms of volume, it is the second largest after Russia
Scanty rainfall, last year's lockdown, growing competition from Nepal and the disaster of the 2017 Gorkhaland agitation are steadily weakening exports and sales of Darjeeling tea.
A minimum levy of 12 per cent GST on tea will increase the cost, which will ultimately be passed on to consumers.
India captain Rohit Sharma has spoken about his journey from being a young player who would stand outside the Wankhede Stadium to catch a glimpse of Mumbai Ranji Trophy stars, to having a stand named after him at the iconic venue.
A delay in arrival of packaged water bottles caused a melee at the Maharashtra Cricket Association stadium in Pune on Thursday.
However, strong rupee, concerns over production at home may spoil the party
Planters from Assam said despite the Covid-19 pandemic, trade enquiries from China had been rising. However, owing to the growing conflict, enquiries may dry up. 'We have seen how the trade dried up in case of the Pakistan conflict and fear the same,' a planter from Assam said.
I have never forgotten the lesson that Guruji served up with the tea that morning: Be kind encouraging and patient with fresh starters. Subhash K Jha mourns the passing of Pritish Nandy.
Exporters are of the view that while direct exports to Pakistan will be nearly nil this month, and in the coming few months, alternative markets can be explored for exporting tea, which was originally meant for Pakistan.
Closely watched by the world for any escalation, the Iran-Israel conflict is already showing early signs of stress for India Inc - longer deliveries, doubling freight rates, extended working capital cycles, and higher costs. For those yet to feel the heat, there is growing apprehension and nervousness over future developments, observed industry executives.
Russia is among the top buyers of Indian tea, accounting for about 18 per cent of the industry's total exports.
A trade delegation from India, the world's largest tea producer, will visit Pakistan later this month to push tea sales as tensions between the nuclear rivals ease, an industry official said.
Production between January and mid-March declined by about 5.85 million kg.
In the shadows of a sliding rupee, India's knitwear hub Tiruppur is weaving a success story. While the domestic currency edges closer to the 86 mark against the US dollar, triggering concerns for many sectors, this textile town in Tamil Nadu is finding opportunity in adversity: Between April and December alone, Tiruppur's exports reached Rs 26,000 crore, almost eclipsing last financial year's total of Rs 30,690 crore.
While Sachin Tendulkar's 2013 farewell became a national pilgrimage, a vibrant celebration befitting a cricketing deity, the exits of many other Indian icons this century have been quieter journeys into the twilight.
It's a busy season for Indian producers of orthodox tea. As Sri Lanka, the world's largest supplier of orthodox tea, struggles with its worst economic crisis, a window of opportunity has opened up in neighbouring India. Calls to Indian planters and exporters from foreign buyers of Sri Lankan orthodox tea are pouring in and the buoyant sentiment is reflecting in prices at auction centres. Orthodox tea refers to loose-leaf tea which is produced using traditional or orthodox methods such as plucking, withering, rolling, oxidation and drying.
The world-famous Darjeeling tea is losing its flavour even as it struggles with falling production, says Avishek Rakshit.
Washington Sundar justified his selection with a career-best 7/59 to bowl out New Zealand for 259 on Day 1 of the second Test in Pune.
As the economic crisis in Sri Lanka - the world's largest exporter of orthodox tea - continues to rage across the island nation, tea producers in India look to cash in on the opportunity to seize the market. The country's largest tea growing company, McLeod Russel India, expects orders to come in from July. "A huge opportunity is coming up for everyone in India. "McLeod Russel is well placed because we have the capacity for orthodox tea," said Azam Monem, director, McLeod Russel. About 10 per cent of McLeod's production is orthodox tea.
It was amazing to see how he used to hoodwink batsmen with subtle changes in flight, loop and deliver his doomsday ball -- the dangerous armer.
Images from Day 3 of the second Test between India and New Zealand at the Maharashtra Cricket Association Stadium in Pune on Saturday.
Sale of India's specialty tea varieties from exclusive estates in Assam and Arunachal Pradesh are on the rise in the domestic market, and sought after in overseas markets too.
At 235,000 tonnes per annum, Pakistan is the third largest importer of tea in the world as it can't grow tea because of adverse climate conditions. India supplies just about a tenth of tea imported the neighbouring country
In an effort to boost India's tea export, a delegation from the Tea Board is on a tour to Cairo for finalising the opening of a Tea Marketing Centre in the Egyptian capital.
India has been a tea sipping society. But the aromatic wave of coffee culture is wafting across it.
'IT companies do not have a large presence there either in terms of market and team. So, the impact of the war will be minimal. But West Asia is an emerging economy.'
In Kerala's society, known for its high material standard of living, plunging into a state of having nothing overnight can be terrible for one's social standing and sense of self-esteem. Rehabilitation entails piecing a community back together after a disturbance and while its aim is noble, the act of reassembling will bring alive disparities and inequalities, explains Shyam G Menon.
Washington lifted the gloom with a couple of unplayable deliveries that castled Ravindra and Tom Blundell (3) in a 10-minute spell before tea.
The tea industry, hit by rising costs, falling prices and political unrest in the North Bengal plantations, is especially vulnerable to the COVID-19 lockdown.
When Kasturi Rajamurty won a gold medal in powerlifting at the WPPL World Cup in Russia, she sure had come a long way. From a life of penury to constantly being short of funds to fuel her passion, she had finally triumphed, and how.
The importance of China as India's top trading partner cannot be understated.
Several opposition leaders and some lawyers of the Supreme Court reacted sharply to Modi attending the puja at the CJI's residence.
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