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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...

Scientists Discover Supermassive Blackhole Pointing Directly At Earth

A team of international astronomers have reclassified a galaxy after finding that a supermassive black hole in its centre has changed direction and is now aiming towards the Earth. The galaxy in question is found 657 million light-years away from us and goes by the name of PBC J2333.9-2343. 

"We started to study this galaxy as it showed peculiar properties. Our hypothesis was that the relativistic jet of its supermassive black hole had changed its direction, and to confirm that idea we had to carry out a lot of observations," said Dr Lorena Hernandez-Garcia, according to the Royal Astronomical Society (RAS)

In a study, the astronomers detailed the change. According to them, the galaxy was initially classified as a radio galaxy but scientists realised that the space phenomena had rotated 90 degrees and is now pointing its centre towards Earth. 

This means that the galaxy is now a "blazar", which means a galaxy point which has jet points pointing at Earth. According to RAS, blazars are very high-energy objects and are considered to be one of the most powerful phenomena in the Universe. 

Also Read | Experts Explain The Science Behind Why Heartbreak Hurts So Much

Astronomers said that the jet material from the black hole has created two huge lobes on either side of the galaxy, and they are the most immediately notable thing when observed with radio waves. 

"The fact that we see the nucleus is not feeding the lobes anymore means that they are very old. They are the relics of past activity, whereas the structures located closer to the nucleus represent younger and active jets," Hernandez-Garcia said. 

In the study, scientists said that they are currently unsure what sparked the change in direction, though some astronomers believe that PBC J2333.9-2343 collided with another galaxy, resulting in the shift of direction.

It is also not clear how the direction of the black hole will affect our galaxy. 



from NDTV News- Special https://ift.tt/zV01dZW

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