As consumption patterns shift to food delivery, with a greater focus on hygiene and safety, disposable takeaway packaging options have registered a higher demand. Deepang Nandu, Managing Partner, Ecolyf by Silver Impex, a company into eco-friendly disposable products, elaborates, “The demand for these products had already begun when the plastic ban happened and with COVID, packaging and disposable cutlery has further received a boost. In Western and Southern India, our business has grown by almost 50 percent. However, with the cost of raw materials which are imported, having gone up, our margins are now calculated on a consignment basis, rather than on each piece. We supply mainly to five-star hotels and the volumes have increased.” … [Read more...] about How new verticals in home-delivery and takeaway space are helping restaurants tide over COVID crisis
Shingles vaccine 60 years old
Highlights- GDP springs a positive surprise after better-than-expected corporate earnings - Overall top line growth of India Inc in line with demand picture reflected in GDP data - Q2 corporate earnings picture had benefits of moratorium and SC standstill on NPAs - Cost optimization key driver of Q2 profitability - Extreme cost control might crimp demand and drag future growth - If companies revert to near pre-COVID expenses, then earnings surprise could be limited - Q2 has by far been the biggest surprise and is unlikely to be repeated … [Read more...] about Is the recovery here to surprise us quarter after quarter?
What is bothering USA?The rhetoric on China is important for Trump in the run up to the November 2018 mid-term election to tout his ‘economic nationalism’ strategy. Trump’s hyperbole and bombast, designed for his domestic political base, will continue while his negotiators try to work out the China-US trade changes. It is unlikely Trump wants a China trade deal before the November polls. There’s more political traction for him in publicly bashing China on trade up to the elections. … [Read more...] about COMMENT-The US-China trade war has no winners, and markets will have to live with it
However, the task is easier said than done. LIC being an insurer will also have to cross regulatory hurdles to pick up a majority stake in a bank. While LIC is a stakeholder in various banks, they are all minority holdings. As a new promoter, LIC is unlikely to add significant value to the management. Hence, while this is a better solution than a complete offer for sale by the government, it is still sub-optimal compared to a complete privatisation. … [Read more...] about Is a possible stake sale to LIC the best solution to IDBI’s problems?
Vitruvi Stay Diffuser & Essential Oil Kitstwo new diffusers to its family this year: Stay, a long-lasting, large-space diffuser, and Move, the first wireless version. Both designs were inspired by the modern cylindrical candle and provide the same zen-like experience as the original. This holiday season, we love the Stay, a sleek 18-hour diffuser that fragrances up to 700-square-feet. It pairs nicely with the company’s new essential oil kits—Uplift, Unwind, and Reset—each made up of four distinct blends. Fast Co. editor Lara Sorokanich says, “Their blends are indulgent and geared toward times of day. I use Dusk to wind down at night and Grove to get a refreshing pine boost in the morning.” … [Read more...] about Give someone the gift of relaxation with these 11 wellness and self-care products