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Politics

Retail inflation at 12-month low, IIP holds steady at 5% – Times of India

NEW DELHI: Retail inflation eased slightly to a 12-month low in May with prices of some food items moderating marginally, while the index of industrial production (IIP) growth held steady at 5% level in April.Data released by the National Statistical Office (NSO) on Wednesday showed retail inflation, as measured by the Consumer Price Index (CPI), rose an annual 4.8% in May, nearly at the same level as the previous month.Rural inflation was higher at 5.3%, while urban was at 4.2%. The food price index was at 8.7%, similar to the level in April.This is the ninth consecutive month when retail inflation has been below the 6% upper tolerance level of RBI. The data showed food and beverages inflation at 7.9%, while fuel and light contracted 3.8%. Vegetable prices continued to be a concern, ri...
Politics

Can’t Sell Pizza With Name Similar to Domino’s: Delhi HC Bars Punjab Food Outlet Donito’s

The Delhi High Court in a recent order restrained a Punjab based food chain “Donito's” from using the name that is phonetically and visually deceptively similar to trademark of Domino's for selling identical goods inter alia Pizzas and Burgers.  The court noted that the food chain Domino's was aggrieved by Donito's using a phonetically and visually deceptively similar mark ‘DONITO’S’ in outlets across various regions of Punjab. The court found that Donito's is running six outlets located at Jalandhar, Nakodar, Goraya and Mehatpur. The court took note of a screenshot submitted by the Dominoes of use of the trademarks is a video on YouTube, which was using '#DOMINOS' and was being linked with the '#DONITOS.' ALSO READ | Battle Over 'Butter Chicken & Da...