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Demonetisation could clean up the restaurant business
November 15, 2016 |by indiafood forum | Comments Off on Demonetisation could clean up the restaurant business | FOOD & GROCERY | demonetisation, India Food Forum 2016, new currencyOne of the big, underreported issues dogging legit Indian restaurants is competition from rivals in a parallel economy…READ MORE
KEEP READINGCustomers cash in on discounts at restaurants
November 15, 2016 |by indiafood forum | Comments Off on Customers cash in on discounts at restaurants | FOOD SERVICE | demonetisation, India Food Forum 2016, new currencyIn an attempt to make up for losses, a few restaurants in the city started offering discounts to customers paying by cash, with some taking advantage of this…READ MORE
KEEP READINGCurrency ban: Neighbourhood grocers, etailers come to the rescue
November 10, 2016 |by indiafood forum | Comments Off on Currency ban: Neighbourhood grocers, etailers come to the rescue | FOOD & GROCERY | demonetisation, India Food Forum 2016, new currencyThe aam aadmi was scurrying for Rs 100 notes on Wednesday following the government’s decision to demonetise the existing Rs 500 and Rs 1000 currency notes…READ MORE
KEEP READINGRs 500 and Rs 1,000 notes banned: Buying grocery tops common man’s immediate worries
November 10, 2016 |by indiafood forum | Comments Off on Rs 500 and Rs 1,000 notes banned: Buying grocery tops common man’s immediate worries | FOOD & GROCERY | demonetisation, India Food Forum 2016, new currencyWhile the move to ban Rs 500 and Rs 1,000 denominations will hurt black money hoarders the most, it may cause inconvenience to the common man…READ MORE
KEEP READINGNew Currency Fallout: Food outlets tempt with discounts
November 10, 2016 |by indiafood forum | Comments Off on New Currency Fallout: Food outlets tempt with discounts | FOOD SERVICE | demonetisation, India Food Forum 2016, new currencyDesperate to mitigate losses, grocery stores and restaurants sent out messages offering huge discounts to customers. However, most people were reluctant to spend the little cash reserve they had in light of the prevailing uncertainty…READ MORE
KEEP READINGEating out spends down 40 per cent on currency demonetisation
November 10, 2016 |by indiafood forum | Comments Off on Eating out spends down 40 per cent on currency demonetisation | FOOD SERVICE | demonetisation, India Food Forum 2016, new currencyOn Tuesday night, PM Narendra Modi announced demonitisation of Rs 500 and Rs 1,000 currency notes along with limitations on cash withdrawals from ATMs…READ MORE
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