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...
AFG vs PAK, 1st T20I Live Updates: Mohammed Nabi and Najibullah Zadran keep four-down Afghanistan going in chase of 93 runs against Pakistan in the first T20I of the three-match series at the Sharjah Cricket Association Stadium on Friday. Earlier, Mujeeb Ur Rahman, Mohammad Nabi and Fazalhaq Farooqi claimed two wickets apiece as Afghanistan restricted Pakistan at 92 for 9 in 20 overs. Meanwhile, Azmatullah Omarzai, Naveen-ul-Haq and Rashid Khan claimed a wicket each. Imad Wasim was the top scorer for Pakistan with an 18-run knock. Pakistan skipper Shadab Khan had won the toss and opted to bat against Afghanistan. (LIVE SCORECARD)
Here are the Live Updates of the 1st T20I between Afghanistan and Pakistan from the Sharjah Cricket Association Stadium
from NDTV News- Special https://ift.tt/IKUbrzD
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