A 14-member delegation of the Indian tea industry would leave on Saturday for a five-day business trip to Pakistan via Dubai.
Production between January and mid-March declined by about 5.85 million kg.
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.
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.
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.
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.
Iran is India's largest importer of tea in value terms while in terms of volume, it is the second largest after Russia
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.
A man wanted by the Enforcement Directorate in a 'cash-for-votes' case-linked money laundering investigation in Maharashtra has been apprehended at the Ahmedabad international airport, official sources said on Wednesday.
A delay in arrival of packaged water bottles caused a melee at the Maharashtra Cricket Association stadium in Pune on Thursday.
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.
However, strong rupee, concerns over production at home may spoil the party
After experiencing an 11 per cent contraction in exports in 2023-24 (FY24) due to a dip in exports for 10 consecutive months from April to January, the Tiruppur textile industry is back on track in 2024-25 (FY25). The cluster, which contributes 55 per cent of the country's total knitwear exports, posted a 13 per cent increase in the first five months of this financial year (FY25), with August seeing a 22 per cent rise - the highest in over two years.
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.
The Enforcement Directorate (ED) conducted raids at multiple locations in Maharashtra and Gujarat as part of a money laundering investigation targeting a Malegaon-based trader suspected of misusing bank accounts to carry out transactions exceeding Rs 100 crore. The probe is linked to an FIR filed by Malegaon Police against Siraj Ahmed Harun Meman, who operates a tea and cold drinks agency, for allegedly misusing bank accounts for illegal transactions. The ED suspects the trader may have been using the funds to divert and route money for certain individuals by misusing the banking credentials of ordinary citizens. The possibility of electoral malpractice being involved is also under scrutiny.
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
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.
According to a new study, habitual tea consumers had a 20 per cent lower risk of heart disease and stroke.
'If hundreds of VIPs are allowed to roam with passes and roads blocked for their movement, then that will cause trouble for the public and disrupt the Mela.'
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.
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.
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.
Washington lifted the gloom with a couple of unplayable deliveries that castled Ravindra and Tom Blundell (3) in a 10-minute spell before tea.
'Each of us will have a beautiful story to tell about him because he went beyond work and touched our lives. That's a rarity in this industry.'
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.
Here's a simple recipe or breakfast or as an evening snack at home.
'Maharashtra is virtually in a debt trap.'
The NHRC has observed that the content of the news report, if true, raise a serious issue of human rights of the workers in violation of the labour laws and the guidelines issued by the Union Ministry of Labour and Employment from time to time.
Several opposition leaders and some lawyers of the Supreme Court reacted sharply to Modi attending the puja at the CJI's residence.
Images from Day 3 of the second Test between India and New Zealand at the Maharashtra Cricket Association Stadium in Pune on Saturday.
A company spokesperson told Business Standard that Amazon was committed to the safety and well-being of its employees. "Disciplinary proceedings have been initiated against the people involved in the incident. "The process is underway and we are looking at a potential case of 'separation' for the people involved within the next week or two," the spokesperson added.
Darjeeling is on the boil over the demand for a separate Gorkhaland state. June and July are bad months to have a strike. Tea picking during its most valuable season has been affected. Those consequences will be felt all over the world and ultimately damage Darjeeling tea.
Sitaram Yechury strived to have the country's Left movement shed its doctrinaire approach to India's socio-cultural complexities and stitch electoral and social alliances to fight the Sangh Parivar.
On Bhagat Singh's 117th birth anniversary, Utkarsh Mishra recounts fascinating incidents from the legend's life.
Chai Sahay, an artificial intelligence-based mobile app, will be primarily used to issue advisory, disseminate information related to various schemes of the board for the sector as well as provide real-time weather updates, says Avishek Rakshit.
'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.'
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