TEA AND MILK HOT FAVOURITES

Despite aggressive marketing by global soft drinks giants, average consumption of tea and milk in India remains comparatively high, says a study by brewing major SABMiller India.
"The average per capita consumption of tea and milk in the country stood at 44.2 litres and 40.5 litres per annum respectively while the average consumption of carbonated soft drink in India is at 1.8 litres per annum," says the survey.
Tea and milk are the only drinks in India whose average consumption is more than the global average. In all other categories, barring liquor, the per capita consumption remains less than 1/10th of the global per capita consumption, the study said. According to the industry sources, the total annual production of milk in India is more than 100 million tonnes and India is the biggest producer of milk in the world.
Surprisingly, when it comes to coffee, a popular beverage in south India, the average consumption in India is only 1.2 litres per annum compared to the global average of 21.9 litres.
The average per capita consumption of carbonated soft drink in India stood at 1.8 litres, one of the lowest in the world, whereas the global average is 29.1 per litres, the study said.

Comments

WORLD'S OLDEST WOMAN

Misao Okawa celebrates her 115th birthday in Osaka, western Japan on March 5, 2013. Okawa was formally recognized as the world's oldest woman.

SINGER MANNA DEY IS NO MORE

Legendary playback singer Manna Dey, who mesmerised generations of listeners with his inimitable voice for over five decades with hits like 'ay mere pyara watan', 'laaga chunri me daag' and 'poocho na kaise', died at a hospital here today at the age of 94 after prolonged illness. Dey, who was in and out of Narayana Hrudayalaya Hospital in the last five months for respiratory and renal problems, died of cardiac arrest with his daughter Shumita Deb and son-in-law Jnanranjan Deb by his bedside when the end came at 3.50 AM. The condition of Dey, who had made Bangalore his home for the last many years, deteriorated since yesterday afternoon, hospital spokesman Vasuki said. With the demise of Dey, the void has become complete in the famous quartet of singers Rafi, Mukesh, and Kishore Kumar, who dominated the Hindi music industry from 1950s to 1970s. The mortal remains of Dey, whose unique voice lent a rare dimension to his persona, were cremate...

WILL NIFTY FALL BELOW 2000?

Correlating the ups and down in the Indian rupee with the stock market, Vijay Bhambwani, CEO, bsplindia.com, suggests that if the rupee continues with its downward fall, the Indian stock market may fall breach October lows and fall further. “If the rupee falls below the 53.0-53.50 mark vis-a-vis the USD, expect a mini meltdown atleast in the equity markets. In that case, the 2250 level (on Nifty) will be breached easily to form a new low. The possibility of that low being below the 2000 levels on the Nifty spot is fairly high,” he says. Bhambwani supports his outlook by comparing the value of rupee at the time of October lows. “The October 2008 lows were made with the INR at 51.20 - 51.40 band. The rupee has breached the 52 level since then. Clearly the nation’s ‘share price’ (currency) indicates weakness. The curency market is a far more accurate barometer of the nation’s health compared to the equity indices. Whether you like it or not, we are under siege. Had it not been March (NAV ...

ప్రపంచం తీరూ తెన్నూ

Search This Blog