Page 4 - Tea

McLeod's return from brink of IBC signals a brief respite for tea industry

In an industry in which more than half the production is accounted for by the small growers, analysts believe that big players may help bring production and pricing discipline

Getting the tea leaves right in the time of the Covid-19 pandemic

The pandemic has got people spending time and energy making themselves a cuppa. Know more about tea and its tribe, some trivia and how to get the perfect brew

SPIC ties up with farmer network to open first Model Fertiliser Retail Shop

Besides selling quality fertilisers at genuine prices, MFRS will provide a range of consulting and agri-related services for enhanced farm productivity

Tea company McLeod Russel moves to settle debts as promoters reduce stake

Most lenders have agree that debt restructuring is right choice and not auction under insolvency for India's largest bulk tea producer

Covid-19: India's April tea output falls 54% YoY to 39.02 million kg

For Assam alone, output in April plunged 76% from a year ago to 10.99 million kg, the Tea Board said

Coronavirus outbreak to throw Indian tea exports out of gear this year

Tea Board of India has called an urgent exporters' meet this week to discuss means of staving off expected fall in exports due to coronavirus outbreak

Govt mulls revival package for tea companies, may include one-time grant

Besides, a relaxation of 1-1.5 years can also be given to the plantation companies to enforce the Labour Code once passed by the Parliament

Narendra Modi, 'Litti-chokha', 'Kulhad chai': When PM visited Hunaar Haat

Prime Minister Narendra Modi on Wednesday made a surprise visit to 'Hunar Haat' at Rajpath here, where he interacted with artisans and relished 'litti-chokha' and 'kulhad' tea. Soon after chairing the meeting of the Union Cabinet, Modi reached Rajpath where 'Hunar Haat' is being organised by the Ministry of Minority Affairs. Sources in the government said officials of the ministry were surprised when they came to know about the prime minister's visit. Modi, who was there for 50 minutes, ate 'litti-chokha', a dough ball made of whole wheat flour and stuffed with 'sattu', and paid Rs 120 for it. The dish is popular in Bihar, Eastern Uttar Pradesh and Jharkhand. He later had tea served in 'kulhad' with Minority Affairs Minister Mukhtar Abbas Naqvi and paid Rs 40 for two cups. Artisans participating in the event said the traditional arts were dying, but the 'Hunar Haat' programme has helped revive them. There was a surge in crowd when people came to know that the prime minister was .

Tea production will rise only when workers' quality of life betters: ITA

ITA secretary general Arijit Raha said steps are being taken to ensure that tea garden workers avail central welfare schemes

Plan of Bengal, Assam govts to boost tea tourism finds few takers

Banks, on the other hand, are looking to extend lines of credit despite recent rating downgrades of major listed tea companies

Chaayos forays into Bengaluru, plans to open 15 cafes by March 2020

Currently it operates 65 cafes across Delhi, Noida, Gurgaon, Faridabad, Chandigarh and Mumbai

Getting the right brew: 4 tea start-ups explain biz models, profitability

The challenge with tea is putting a premium on what is a staple item in Indian homes

Now tea industry body on anvil for setting benchmark prices of tea leaves

ITA is discussing the issue with the Tea Board

Goodricke will increase its production steadily over 5 years: Atul Asthana

Goodricke is the second largest tea producer in India

Tea likely to fetch higher prices in 2019 auctions on output shortfall

According to the Indian Tea Association, production was down by 13 million kg during January-October last year

Tocklai, the world's oldest tea research institute, faces a fund crunch

Beyond its scenic charm, Tocklai's tourism potential is obvious to the average tea enthusiast

Rising costs, growing demand for shift wages pull down tea industry

The Guwahati Tea Auction Centre broke records by receiving bids for Rs 40,000 a kilo for Golden Needle tea

Sweet ginger to rose delight, 9 healthy tea flavours to try this monsoon

Why not try some exciting new flavours in this monsoon season? What could be better than curling up in your couch and sipping new flavours of tea!

Wage hikes to dent tea gardens' profits

Wages of 1.11 million tea workers in Assam and West Bengal are due for revision

Stronger rupee dents tea exporters' income

India's income from tea export has risen 6.3 per cent in the first six months (April-September) of this financial year to $500.8 million. However, producers and exporters are under stress as the average price for exports has stagnated, primarily owing to the rupee's rise against the dollar and euro, and lower realisations from orthodox variety export. Industry officials says in April-August, year-on-year, the dollar and euro fell 3.2-3.4 per cent. The higher forex income is because export surged 4.5 per cent this year to 166.36 million kg (mkg). However, the average price per kilo during Jan-September fell by one per cent to Rs 196.34, against Rs. 198.53 in the year-ago period. "The rupee has remained strong against the euro, pound and dollar in global trade and this is why the price realisations fell," Azam Monem, chairman, Indian Tea Association (ITA), told Business Standard. As much as 55 per cent of the entire tea trade is conducted in dollars and another 35 per cent in the ...