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...
People with more than two children will not be eligible for government jobs in Rajasthan -- this 1989 law of the state has now got the Supreme Court's seal of approval.
The rule is non-discriminatory, the judges said, hearing a petition challenging it.
It falls within the purview of policy and there is "no need to interfere with it," said the bench of Justices Surya Kant, Dipankar Dutta and KV Vishwanathan, in an order on February 20.
The bench upheld the decision of Rajasthan High Court of October 12, 2022, and dismissed the petition of former soldier Ramji Lal Jat.
After retirement from defence services in January 2017, the soldier had applied for the post of a constable in Rajasthan Police in May 2018.
But his application was rejected under the Rajasthan Police Subordinate Service Rules, 1989, as he had more than two children after 1 June 2002.
The court said it had earlier approved similar rules – meant to promote family planning -- for contestants of Panchayat elections.
from NDTV News- Special https://ift.tt/3IRkMUO
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