Skip to main content

Restaurant Recovery: Macquarie Has Picked Winners, And Jubilant Isn't On The List

India's quick-service restaurant (QSR) industry is showing early signs of demand recovery, but Macquarie highlights rising costs and intensifying competition from food-delivery aggregators as reasons for its cautiousness. According to Macquarie, post-fourth-quarter trends indicate a gradual improvement in dine-in demand across restaurant chains. Within the sector, Macquarie remains most constructive on franchise operators Devyani International, Sapphire Foods and Westlife Foodworld. However, the recovery remains uneven and is being overshadowed by inflationary pressures and the growing dominance of delivery platforms such as Zomato and Swiggy. The brokerage said same-store sales growth across the listed QSR universe is tracking broadly in line with or slightly ahead of fourth-quarter levels. However, restaurant brands continue to trail delivery aggregators in growth, highlighting a structural shift in consumer behaviour. To counter this trend, restaurant operators have increa...
Post a Comment

"Tipu Sultan Is Actually A Very Complex Figure In History": S Jaishankar

External Affairs Minister (EAM) S Jaishankar on Saturday attended the launch of Indian historian Vikram Sampath's book 'Tipu Sultan: The Saga of the Mysore Interregnum' at the Indian Habitat Centre here in Delhi. S Jaishankar described Tipu Sultan as a "very complex figure in history," highlighting both his resistance to British colonial control and the controversial aspects of his rule.

Speaking at the event, S Jaishankar said, "Tipu Sultan is actually a very, very complex figure in history. On the one hand, he has the reputation as a key figure who resisted the British colonial control over India, and it is a fact that his defeat and death can be considered a turning point when it came to the fate of peninsular India."

However, S Jaishankar also noted the "adverse" effects of Tipu Sultan's rule in the Mysore region. "At the same time, he evokes strong adverse sentiments even today in many regions, some in Mysore itself," he added.

S Jaishankar further emphasized that Indian history has focused more on Tipu Sultan's battles with the British, and "underplaying" or "neglecting" other aspects of his rule. "Contemporary history writing, certainly at the national level, has focused largely on the former, and underplaying, if not neglecting the later. Let's be honest, this was not an accident," he said.

Asserting that History is complicated, S Jaishankar said that "cherry-picking of facts" in the case of Tipu Sultan has led to the advancement of a "political narrative".

"History, in all societies, is complicated, and politics indulges in cherry-picking the facts. This has happened in the case of Tipu Sultan. By highlighting the Tipu-English binary, to the exclusion of a more complicated reality, a particular narrative has been advanced over the years," he said.

S Jaishankar reaffirmed that under PM Modi's government, India has seen the emergence of alternative perspectives.

"In the last 10 years, the changes in our political dispensation have led to the emergence of alternative perspectives. We are no longer prisoners of a vote bank, nor it is politically incorrect to bring out inconvenient truth," he added.

Speaking further about the book, S Jaishankar said, "As someone from the diplomatic world, I was really struck by info and insights which are provided in this volume on Tipu Sultan. We in India have tendered to mainly study post-independence foreign policy -- perhaps this too was a conscious choice. But the fact is that many of our kingdoms and states forayed into international affairs in previous centuries in pursuance of thier particular interests, and some, by the way, continued to do so even till independence. The interaction of Tipu's missionary with their French and English counterparts is really fascinating."

S Jaishankar concluded by saying that open-minded scholarship and genuine debate are central to India's evolution as a pluralistic society and vibrant democracy.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



from NDTV News- Special https://ift.tt/mRCz7AL
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

US Teen Who Slapped Teacher In Classroom Faces Kidnapping, Assault Charges

A US high school student, who attacked two teachers in school premises, has been hit indicted on assault and kidnapping charges, according to a report in Fox News. The outlet said that the attacks took place at Parkland High School in Winston-Salem, North Carolina. A video of 17-year-old Aquavis Hickman hitting one of the teachers in the classroom in April had gone viral on social media, leading to a barrage of comments. Hickman is being tried as an adult and his case has been moved from a juvenile court to a superior court. Watch the video: NEW: North Carolina high school student who went viral for hitting his teacher has been smacked with felony charges & is being charged as an adult. This is how it's done. 17-year-old Aquavis Hickman has been indicted on assault and kidnapping charges for two separate… pic.twitter.com/JOsO0bFiKX — Collin Rugg (@CollinRugg) May 5, 2024 "A grand jury was convened last week, last Monday, comprised of members of this community and...
Post a Comment
Read more

BJP MP Varun Gandhi Files Case Against Man For Comments On His Father

BJP leader Varun Gandhi on Saturday filed a defamation case in a local court here against a Varanasi man for allegedly making derogatory remarks on his father on Twitter. The Pilibhit MP on Saturday came to the court premises with three advocates around 3 pm and filed a defamation case before Additional Chief Judicial Magistrate (II) Abhinav Tiwari. The court recorded his statement and fixed April 25 as the next date for hearing, an advocate said. Gandhi in the complaint said that his father Late Sanjay Gandhi was a well known politician of the country and he was respected all over the country and still is today. He told the court that on March 29, 2023, Vivek Pandey, a resident of Bhojubir of Varanasi district, had made indecent remarks against Sanjay Gandhi through his social media Twitter @vivekkumar IND. According to Mr Gandhi, the accused identified himself as the General Secretary of Nationalist Hindu and Kisan Morcha. Mr Gandhi also said that he was informed about the twee...
Post a Comment
Read more

Indian Man's Birthday Surprise To Girlfriend At Times Square Wins Internet

An Indian man has just set the bar a notch higher for all partners, the man surprised his girlfriend by using a special slideshow at New York's Times Square for her birthday. The video has won hearts on the internet. Posted on Instagram by Tales by Lekha, the video shows the couple posing in front of the Times Square billboard. The minute, the woman turned back, she is surprised by pictures of herself on the billboard. The woman watches the slideshow in awe. "When he surprised me at Times Square NYC!!!" read the text insert in the clip. Watch the video here: View this post on Instagram A post shared by Tales_by_Lekha (@tales_by_lekha) Since being posted, the video has amassed more than 1,45,000 likes and several comments. The internet was stunned to see the man's grand gesture. A user commented, "I was waiting for a proposal." Another user wrote, "This guy has raised the standards now!" The third...
Post a Comment
Read more