Her favourite treat: Gaza father pays Rs 2,300 for Parle-G pack for toddler
In his post, Jawad explained that he could not deny his daughter her favourite treat, despite the exorbitant cost. In the videos, Rafif is seen holding a Parle-G packet and enjoying a biscuit.
"After a long wait, I finally got Ravif her favourite biscuits today. Even though the price jumped from 1.5 euros (around Rs 147) to over 24 euros, I just couldn't deny Rafif her favourite treat," Jawad's post read.advertisementThis extraordinary price hike highlights the dire economic situation in Gaza, where the ongoing war between Hamas and Israeli forces has led to severe food shortages, with basic necessities ecoming luxury goods.Jawad, in another post, requested donations and financial help as his family battles a triple whammy of uncertainty in a time of war, skyrocketing prices and food scarcity.
"We really appreciate your continued support and donations. It helps us afford what we need in these tough times with prices going up," he said.The Gazans have been staring at an uncertain future since Israel launched a brutal military campaign on Hamas following the surprise attack on October 7, 2023. Amid the fighting, Gaza has become a region of near-total blockade, with only minimal humanitarian aid allowed in - most of it following intense international pressure. Even when aid does arrive, it is limited and often fails to meet urgent needs.The situation has worsened to the point where everyday items have become expensive and rare. This has sparked accusations of aid exploitation, with many questioning how such price inflation is possible in a region heavily reliant on humanitarian aid.advertisementHumanitarian watchdogs have expressed concerns about Gaza being on the brink of famine. The UN and international relief agencies have issued repeated warnings about an escalating food crisis in the besieged Palestinian enclave.According to international relief agencies, the rate of acute malnutrition among young children in Gaza has nearly tripled since a brief period of aid flow earlier this year amid the Israel-Hamas conflict.ABOUT PARLE-GIntroduced in 1938 by Mumbai-based Parle Products during the Swadeshi Movement (a call to replace British-made goods and embrace Indian products), ParleG (originally Parle Gluco) replaced elite British snacks.After independence, Parle-G quickly became a household staple due to its affordability and long shelf life. Often praised as 'the taste of India', the biscuits are synonymous with tea-time snacks.Parle-G's packaging features a young girl (nicknamed 'Parle Girl'), a widely recognisable symbol across India, evoking nostalgia for several generations.Due to its immense popularity, Parle-G is exported to over 20 countries in South Asia, Africa and the Middle East.
IN THIS STORY#Israel#Gaza Strip
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
23 minutes ago
- Business Standard
Best of BS Opinion: Soggy dribbles in finance, films, and diplomacy
There's something oddly thrilling about playing football in the park when it's raining heavily. You know it's not the ideal setting as every pass splashes water, every dribble slows down as the ball skids unpredictably across the soggy grass. But somehow, the game goes on. Strategy shifts. You focus more. Every movement demands improvisation. The mess, the friction, and the lost grip, it all becomes part of the play. Today's writeups hint at something similar. Institutions, industries, and individuals navigating a slippery, waterlogged pitch — trying to dribble ahead, adjusting each move to the terrain beneath. Let's dive in. Take India's state finances. A Crisil report shows revenue bouncing back slightly, with GST and liquor excise pulling their weight, but petroleum taxes dragging like waterlogged boots. Despite the slip-and-slide, states have kept their fiscal balance mostly intact. Yet deeper puddles remain: heavy dependence on the Centre and a debt-to-GDP ratio still high, notes our first editorial. Reform now means finding better studs: tighter GST compliance, digital tax trails, and predictable federal transfers. The game is on, but the pitch is far from ideal. In cinema too, the ball's taking unexpected turns. Aamir Khan's move to YouTube's pay-per-view model isn't just disruptive, it's democratic, highlights our second editorial. It bypasses uneven theatre access and expensive OTT subscriptions, bringing big films to small screens at Rs 100 or less. But success here hinges on how well creators learn to play on mobile-first grounds, use AI dubbing, and price smartly. If they can adapt, this could be the rain-slick breakthrough the film industry didn't know it needed. Meanwhile, on the foreign policy field, R Jagannathan argues India must stop kicking the ball around passively. Modi's rapport with world leaders may look good in photo-ops, but it hasn't kept adversaries from pushing forward. As geopolitical puddles deepen (Ukraine, Gaza, China), India must build influence through strategy, not symbolism. Think of it as learning to pass not just wide, but wise. And in corporate India, the Tata Trusts have moved early to back N Chandrasekaran, like a captain handing the armband before kick-off, writes Nivedita Mookerji. This preemptive support is not just procedural, it's tactical, especially as Tata Sons faces decisions on shareholding exits and RBI-mandated listings. It's a slippery pitch, and Tata seems determined to control the midfield. Lastly, L aveesh Bhandari reviews A World in Flux: India's Economic Priorities. Essays in Honour of Shankar Acharya, a collection of essays honouring Dr Shankar Acharya, thinkers reflect on economic playbooks past and future. While celebrating Acharya's policy genius, the book, edited by Amita Batra and A K Bhattacharya, also challenges today's players to update their formations for a world where climate, inequality, and politics increasingly shape the economy.
Time of India
23 minutes ago
- Time of India
Stocks in news: Bajaj Auto, Trent, Britannia, Sandur Manganese, Airtel
Markets experienced a downturn, reversing Monday's gains. Several companies, including Bajaj Auto, Trent, Divi's, and Hero MotoCorp, are set to announce their Q1 results. Britannia reported a 3% increase in consolidated net profit, while Bharti Airtel saw a substantial 43% rise. Societe Generale acquired a significant stake in Paytm as Ant Group exited. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Markets reversed Monday's gains and lost nearly half a percent, continuing the prevailing corrective trend. In today's trade, shares of Bajaj Auto Airtel among others will be in focus due to various news developments and first quarter of Bajaj Auto, Trent, Divi's and Hero MotoCorp will be in focus as the companies will announce their first quarter stock Sandur Manganese informed the exchanges that its board will meet on Friday to consider a proposal for issue of bonus sharesBritannia reported a 3% growth in its Q1FY26 consolidated net profit at Rs 521 crore versus Rs 506 crore in the year ago banking behemoth Societe Generale bought over 67 lakh shares worth Rs 720 crore in One 97 Communications via a couple of bulk deals on Tuesday where Ant Group made a complete exit. Bharti Hexacom reported a 16% quarter-on-quarter decline in net profit at Rs 392 crore for Gas posted a healthy set of numbers for the first quarter of financial year 2025–26 with net profit rising 14% to Rs 328 croreBharti Airtel on Tuesday reported a 43% growth in its Q1 consolidated net profit to Rs 5,948 crore compared to Rs 4,159 crore in the year ago period.
Economic Times
an hour ago
- Economic Times
The Sleep Company raises Rs 480 crore in funding led by ChrysCapital, 360 One Asset
ETtech Priyanka and Harshil Salot, cofounders, The Sleep Company Direct-to-consumer startup The Sleep Company has raised Rs 480 crore in a mix of primary and secondary funding round, with private equity firm ChrysCapital and 360 One Asset investing in the part of the transaction, early backer Fireside Ventures made a partial exit through secondary share sales. Cofounder Harshil Salot told ET that the round was evenly split between primary and secondary components. 'We had Fireside Ventures who was our earliest backer, they have taken a part exit in a secondary and the balance is primary. The predominant use of this fund is on development of our teams and on our retail expansion footprint,' he said. The company plans to add 130-150 stores over the next two years, building on its current network of 160 stores across 47 in 2019 by husband-wife duo Harshil and Priyanka Salot, The Sleep Company sells products such as mattresses, pillows, bedding, cushions, office chairs, recliners, and sofas. It plans to deepen its presence in metro and tier-I cities while expanding in tier-II Salot said around 85% of The Sleep Company's sales now come from its direct-to-consumer website and offline outlets, with the remaining 15% coming from marketplaces such as Amazon and Flipkart.'We continue to see strong traction not only in the top cities but also the tier I and tier II cities and we want to continue to double down on our omnichannel strategy because we believe that is a very strong part for our business,' he added. The funding comes at a time when key competitors such as Wakefit and Duroflex are preparing for initial public offerings. Wakefit filed its draft red herring prospectus (DRHP) in June to raise Rs 468 crore through a fresh issue, while Duroflex is also looking to go public in the next 18 months, according to Reuters. Sheela Foam, which owns Sleepwell, is currently the only listed player in the space. Harshil Salot said the IPO plans of rivals including Wakefit and Duroflex signal a maturing of the domestic sleep and home furnishing industry. 'It's great for the increases awareness about this category and these products, which will help all of us.'The company said it currently has an annualised revenue run rate (ARR) of Rs 750 crore and has achieved profitability at an earnings before interest, taxes, depreciation and amortisation level in the last to Tracxn, The Sleep Company closed fiscal year 2024 with a revenue of Rs 320 crore on a net loss of Rs 58.7 it does not yet have an international presence, Harshil Salot said global expansion is part of the company's long-term Mumbai-based firm, which employs around 1,500 people, is ramping up hiring across product development and retail teams, with a portion of the new funding earmarked for this expansion.'This investment also represents a compelling opportunity to participate in India's broader premiumisation wave—where consumers are increasingly gravitating towards high-quality, science-led, and design-first products that enhance everyday living,' said Rajiv Batra, director and consumer sector lead, ChrysCapital said in a statement. 'We believe The Sleep Company is poised to become a dominant force not only in sleep solutions but across the wider comfort and wellness landscape.' It last raised Rs 184 crore in December 2023 from Premji Invest and Fireside Ventures. Prior to that, it secured Rs 177 crore in 2022 in a round led by Premji Invest, with Fireside also participating. The company is also evaluating new acquisition targets for acquisitions in the space. Priyanka Salot, cofounder of The Sleep Company, said that when the company launched five-and-a-half years ago, new brands were entering the market every two to three months. However, most of those no longer exist or have been acquired, and she expects the trend of consolidation to continue. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. Berlin to Bharuch: The Borosil journey after the China hit in Europe FIIs are exiting while retail investors stay put. Will a costly market make them pay? BlackRock returns, this time with Ambani. Will it be lucky second time? Paid less than plumbers? The real story of freshers' salaries at Infy, TCS. Stock Radar: Down 27% from highs! Hero MotoCorp stock shows signs of momentum after breaking out from 11-week consolidation For those prepared for the long game: 5 mid-cap stocks from different sectors with an upside potential of 14 to 33% in one year Financial services: Time to look at a new set for the next cycle? 5 stocks from the financial services space with upside potential of up to 37% These 8 banking stocks can give more than 29% returns in 1 year, according to analysts
