Page 5 - Tea

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 ...

Chaayos, Chai Point: Branding tea for the millennial

Host of tea retail brands are personalising the brew and the experience; hoping to carve an identity

Daily tea drinking may reduce risk of dementia, finds study

Tea is one of the most widely consumed beverages in the world

Planters demand higher subsidy for orthodox tea

Production cost for high grade CTC is Rs 185 a kilo on an average while cost of production for lowest quality of orthodox is around Rs 210 a kilo

Tea board of India looks to double tea exports to Australia

Currently, India exports 3 million kg tea to Australia

Revoke mandatory auction order, firms tell Tea Board

Around 60 per cent of the annual produce of 1,200 million kg of tea is harvested in September-November

Long-term tea demand prospects favourable: Icra

The performance of the industry, in terms of exports, would be a crucial factor determining the overall supply-demand balance and price levels going forward, says Icra in its latest report

Tea prices rise at Kochi auction centre

Traders also attributed the rise to the recent flood in Assam, which impacted local production

Fund crunch affecting tea research works at TRA's Tocklai institute

Worried is the tea industry as it knows if research works are affected, it's surely going to hit it hard in the long run

Tea exports jump 14% in June quarter

Average realisation from tea exports has shot up by over 11% to Rs 203.65 a kg during the quarter