The world’s cheapest Domino’s pizza is in inflation-hit India. It costs $0.60

A Domino's staff member stands next to a sign for a 49-rupee pizza at a restaurant in Noida, India, July 4, 2023. (REUTERS)
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Updated 20 July 2023
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The world’s cheapest Domino’s pizza is in inflation-hit India. It costs $0.60

  • Inflation in India sparks cheaper offers from global giant
  • Domino’s and Pizza Hut tout world’s cheapest pizzas

CHENNAI/NEW DELHI: Q: How does the world’s biggest pizza brand respond to high inflation in the world’s most populous nation? A: With the world’s cheapest Domino’s pizza.

The 49-rupee ($0.60) pizza in India, Domino’s No.1 market outside America, is the tip of the spear in its fight against rampant inflation that’s squeezing profits and pricing out many customers, according to the CEO of its franchisee there.

The company wants to “own that price point,” said Sameer Khetarpal, confirming the stripped down, seven-inch cheese pizza with a “sprinkle” of basil and parsley is Domino’s cheapest anywhere.

“You are coming to the store or open the app, because there is a 49-rupee callout,” he said, adding that Domino’s global team supported the plans. “Customers are going to eat out less because prices are higher everywhere — our existing consumers should not go out to some competition.”

In Shanghai, by comparison, Domino’s (DPZ.N) cheapest savoury pizza is priced about $3.80, and in San Francisco about $12, online menu prices show. Domino’s global HQ referred queries about India to its local franchisee.

Reuters interviews with six executives and 12 store managers revealed how Domino’s and other global fast-food giants like Pizza Hut and Burger King are being forced to change tactics to weather rampant inflation in the market of 1.4 billion people.

The companies are striving to hold onto market share gained over three decades of rapid growth in a nation critical to their futures — and one where it’s tough to compete with a street-food culture and a sizzling samosa for as little as 10 rupees.

Khetarpal, whose Jubilant FoodWorks (JUBI.NS) runs Domino’s 1,816 outlets in the country, says he holds a staff meeting first thing every Monday to brainstorm new ways to manage costs and fight the “historic high inflation” that contributed to its profits sliding 70 percent in the first three months of 2023.

He gave new details of Domino’s India pivot and its financial gains; his company has removed lids from all boxes of pizzas sold at stores starting December, saving 0.6 cents each time. He said that amounts to a significant saving in packaging costs because 37 percent of Domino’s Indian business is dine-in.

Jubilant — whose Domino’s business accounted for most of its $635 million in revenues last year — also aims to secure rent rebates from some store landlords by offering upfront payments, Khetarpal said, declining to give further details about cost benefits.

CUSTOMERS EMPTY POCKETS

Domino’s is not alone in zeroing in on prices in India, a highly price-sensitive market that is currently facing higher inflation than many other markets including the US The hope is that low-price offers will draw people to stores and apps who might order more add-ons or upgrade, the executives said.

Pizza Hut is aggressively promoting pizzas starting at 79 rupees ($0.96) that it launched last year and its India franchisee, Sapphire Foods (SAPI.NS), said it was the brand’s lowest-priced globally.

Merrill Pereyra, managing director of Pizza Hut in the Indian subcontinent, said the chain was developing products that “make the brand relevant and easy to access” for price conscious consumers in India, adding its budget pizzas were a hit with young people.

McDonald’s (MCD.N) launched half-price meals in June. They’ll be the focus of promotion efforts in coming weeks, according to Akshay Jatia, executive director at Westlife Foodworld (WEST.NS), which runs 357 outlets in western and southern India. He said the meals would bring in more customers and boost sales and margins.

The budget products are indeed being accompanied by a digital and physical marketing blitz across the nation — with stores, and even a posh New Delhi mall, plastered with banners, according to Reuters visits to stores across four Indian states.

Domino’s flagship inflation-buster is the 49-rupee pizza, which was launched in February. Khetarpal said it was “re-engineered” by cutting price — and tomatoes — from its earlier cheapest offering of 59 rupees.

Franchisee Jubilant said in May it witnessed a cheese price surge of 40 percent during 2022-23, and a 30 percent rise in chicken and paper boxes. There have been more shocks in recent weeks, with tomato prices rising over 400 percent to record highs and households toiling under rising rates of everything from milk to cereals and spices, according to official data.

The industry players described a tale of two consumers in a country with yawning gaps between rich and poor.

Many low and middle-income earners who saw dining at foreign chains as a lifestyle upgrade when the economy boomed are tightening belts as inflation bites, while the wealthier continue to spend on products like pricier smartphones, and SUV cars whose sales are touching new highs.

When Khetarpal visited Domino’s stores in Chennai and other cities, he said he saw customers emptying out their pockets and only being able to scrape together 49 rupees. By contrast, he added, Domino’s new gourmet pizzas priced as high as $14 had seen a sales jump in some affluent areas.

'A SMALL LAYER OF CHEESE'

It’s been a bleak year for Domino’s, the Indian fast-food restaurant leader with a market share of about 12.5 percent, as well as for other companies.

Pre-tax profit at Pizza Hut’s Sapphire Foods more than halved in the March quarter. Burger King’s India franchisee, Restaurant Brands Asia (RESR.NS), saw its net loss widen by 9 percent.

It’s not all doom and gloom, though. Euromonitor International estimates India’s nearly $5 billion market for quick-service restaurants which serve fast food is a fraction of United States’ $341 billion and China’s $137 billion.

The narrower market for pizza, burger and chicken restaurants, dominated by Western chains and worth $2.1 billion in India, will grow, but at a slower pace. Its estimated growth rate is around 15 percent a year until 2027, Euromonitor forecasts. That compares with 21 percent growth in 2022 and 43 percent in 2021 largely due to a post-COVID consumption spike.

Pizza Hut owner Yum Brands (YUM.N) sounded a bullish tone in June, comparing its 17,000 US outlets to its over 2,000 in India, where it sees a “tremendous growth opportunity.”

There are still daunting challenges in the near term.

“For a population eating roadside, in the current environment where inflation is hurting their pockets, (the new offers) are still on the higher side,” said Devanshu Bansal, a consumer analyst at India’s Emkay Global Financial Services.

And many pizza-lovers like Kiran Raj will never contemplate budget offerings. The 26-year-old bank employee said he was prepared to pay a little more for a cheese-loaded product as he devoured slices at Pizza Lounge, a local restaurant in Chennai.

“I avoid buying the sub-100-rupee pizzas at stores operated by big chains as they generally contain less toppings and a small layer of cheese,” he added. “It’s just a rough crust.”


Pope Leo to take charge of Catholic Church at grandiose inaugural Mass

Updated 11 sec ago
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Pope Leo to take charge of Catholic Church at grandiose inaugural Mass

  • Sunday’s Mass will feature prayers in several languages, in a nod to the global reach of the 1.4-billion member Church, including Latin, Italian, Greek, Portuguese, French, Arabic, Polish, and Chinese

VATICAN CITY: Pope Leo XIV will formally take up his role as leader of the global Catholic Church on Sunday, with a Mass in St. Peter’s Square that will draw tens of thousands of well-wishers, including dozens of world leaders and European royalty.
Crowds are expected to cram the Square and surrounding streets in Rome for the formal celebration, which starts at 10:00 a.m. (0800 GMT) and includes the first ride in the white popemobile by Leo, the first pope from the United States.
Born in Chicago, the 69-year-old pontiff spent many years as a missionary in Peru and also has Peruvian citizenship, meaning he is also the first pope from that South American nation.
Robert Prevost, a relative unknown on the world stage who only became a cardinal two years ago, was elected pope on May 8 after a short conclave of cardinals that lasted barely 24 hours.
He replaces Pope Francis, from Argentina, who died on April 21 after leading the Church for 12 often turbulent years during which he battled with traditionalists and championed the poor and marginalized.
US Vice President JD Vance, a Catholic convert who clashed with Francis over the Trump administration’s hard-line immigration policies, will lead a US delegation alongside Secretary of State Marco Rubio, who is also Catholic.
Ukrainian President Volodymyr Zelensky will also attend and would be happy to meet other leaders, a top aide has said, as he did at Francis’ funeral when he had face-to-face talks with US President Donald Trump in St. Peter’s Basilica.
Zelensky last met Vance in February in the White House, when the two men clashed fiercely in front of the world’s media.
Also expected at the Vatican ceremony are the presidents of Peru, Israel and Nigeria, the prime ministers of Italy, Canada and Australia, German Chancellor Friedrich Merz and European Commission President Ursula von der Leyen.
Many European royals will also be in the VIP seats near the main altar, including Spanish King Felipe and Queen Letizia.

FOCUS ON PEACE
In various sermons and comments since his election as pope, Leo has praised Francis repeatedly but has not offered many hints about whether he will continue with the late pontiff’s vision of opening the Church up to the modern world.
His homily on Sunday is likely to indicate some of the priorities for his papacy, having already made clear over the past 10 days that he will push for peace whenever possible.
His first words in an appearance to crowds in St. Peter’s Square on the night of his election were “Peace be with you all,” echoing words Catholics use in their celebrations.
In a May 14 address to officials of the eastern Catholic Churches, many of whom are based in global hot spots such as Ukraine and the Middle East, the new pope pledged he would make “every effort” for peace.
He also offered the Vatican as a mediator in global conflicts, saying war was “never inevitable.”
Sunday’s Mass will feature prayers in several languages, in a nod to the global reach of the 1.4-billion member Church, including Latin, Italian, Greek, Portuguese, French, Arabic, Polish, and Chinese.
As part of the ceremony, Leo will also formally receive two items as he takes up the papacy: a liturgical vestment known as a pallium, a strip of lambswool which represents his role as a shepherd, and a special band known as the fisherman’s ring.
The ceremonial gold signet ring is specially cast for each new pope and can be used by Leo to seal documents. It features a design of St. Peter holding the keys to Heaven and will be broken after his death, marking an end to his papacy.


UK PM Starmer to agree deal to strengthen EU partnership, his office says

Updated 18 May 2025
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UK PM Starmer to agree deal to strengthen EU partnership, his office says

  • Brexit has grown increasingly unpopular with the British electorate

LONDON: British Prime Minister Keir Starmer is set to agree a deal next week to strengthen the country’s post-Brexit partnership with the European Union and to facilitate trade in some food products, his office said on Saturday.
Starmer will welcome EU leaders to London on Monday to help reset relations with the bloc, with both sides aiming to secure progress in specific areas while others will remain off-limits.
Britain left the EU in 2020, but Starmer has been trying to boost ties with the country’s biggest trading partner since his center-left Labour Party won last year’s national election.
The summit will result in a deal, his office said, though it provided few details beyond saying it would improve the situation for British producers currently facing checks on products or unable to export, and also that it would ease matters for families facing higher bills and queues when traveling.
“This week, the Prime Minister will strike yet another deal that will deliver in the national interest of this country. It will be good for growth, good for jobs, good for bills, and good for our borders,” Starmer’s 10 Downing Street office said in a statement.
Starmer on Friday raised the prospect that a youth mobility deal with the European Union would be struck at the summit.
Brexit has grown increasingly unpopular with the British electorate, opinion polls suggest, with the economy faring poorly in recent years and international trade a particular weak spot.


Bomb at fertility clinic in California kills one

Updated 18 May 2025
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Bomb at fertility clinic in California kills one

LOS ANGELES: An explosion outside a California fertility clinic Saturday killed one person in what the local mayor described as a bomb attack.
The blast ripped through downtown Palm Springs, badly damaging the clinic and blowing out the windows and doors of other nearby buildings, in what the city’s police chief said appeared to have been a deliberate act.
“The blast appears to be an intentional act of violence and the blast extends for blocks with several buildings damaged, some severely,” Palm Springs Police Chief Andy Mills said.
“There has been one fatality, the person’s identity is not known.”
Eyewitnesses told local media they had seen human remains near the American Reproductive Centers clinic, which appeared to have been badly damaged in the blast.
A statement posted on social media by the clinic said no staff had been hurt when the blast went off.
“This morning, an unexpected and tragic incident occurred outside our Palm Springs facility when a vehicle exploded in the parking lot near our building,” it said.
“We are heartbroken to learn that this event claimed a life and caused injuries, and our deepest condolences go out to the individuals and families affected.
“We are immensely grateful to share that no members of the ARC team were harmed, and our lab — including all eggs, embryos, and reproductive materials — remains fully secure and undamaged.”
Reproductive care, including abortion and fertility services, remain controversial in the United States, where some conservatives believe the procedures should be outlawed for religious reasons.
Violence against clinics providing such services is rare, but not unheard of.
US Attorney Bill Essayli said his office was aware of the blast.
“FBI is on scene and will be investigating whether this was an intentional act,” he said on X, formerly known as Twitter.
The local ABC affiliate, which cited an unnamed law enforcement source, reported five people were injured in the explosion and the person who died was a suspect in the blast.
Video posted online by witnesses showed debris scattered in the street in front of the clinic and windows shattered at multiple businesses in the area.
People living nearby reported feeling the shaking from the blast throughout the city.
Matt Spencer, who lives in a nearby apartment complex, told the Palm Springs Post he ran outside as soon as he heard the blast, and was confronted with the sight of the burned out car and what appeared to be a body in the middle of the road.
“In front of the building [the car] was blown clear across four lanes into the parking lot of [Desert Regional Medical Center],” he told the paper.
“I could see the back of the car still on fire and the rims, that was the only thing that distinguished it as a car.”
California Governor Gavin Newsom had been briefed on the explosion, his office said.
President Donald Trump’s Attorney General Pam Bondi said federal agents were working to determine exactly what had happened.
“But let me be clear: the Trump administration understands that women and mothers are the heartbeat of America. Violence against a fertility clinic is unforgivable,” she said in a statement on social media.


Five dead in helicopter collision in Finland, police say

Updated 18 May 2025
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Five dead in helicopter collision in Finland, police say

Five people were killed on Saturday when two helicopters collided and crashed in a wooded area near Eura Airport in southwestern Finland, police said.
Police said the mid-air collision occurred shortly after noon near the town of Kauttua, with the wreckage falling some 700 metres  from the Ohikulkutie road.
"Five people have died in a helicopter accident near Eura Airport on Saturday," Detective Chief Inspector Johannes Siirilä of the National Bureau of Investigation said.
According to flight plans, there were two people aboard one helicopter and three in the other, police said, adding that both helicopters were registered outside Finland.
One helicopter was registered in Estonia, the other in Austria, according to an Estonian Public Broadcasting  report, citing Finland's Helsingin Sanomat newspaper. Both belonged to Estonian companies. One was owned by NOBE and the other by Eleon, the report added.
The helicopters were reportedly en route to a hobby aviation event, according to the Pori Aviation Club, Yle News reported.
The National Bureau of Investigation is leading a joint probe with local police, and Finnish and Estonian authorities are cooperating.


Severe weather leaves at least 27 dead, including 18 in Kentucky

Updated 18 May 2025
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Severe weather leaves at least 27 dead, including 18 in Kentucky

LONDON, Kentucky: At least 27 people have been killed by storms systems that swept across part of the US Midwest and South, with Kentucky Gov. Andy Beshear announcing Saturday that 18 of the deaths came in his state and 10 others were hospitalized in critical condition.
A devastating tornado in Kentucky damaged homes, tossed vehicles and left many people homeless. Seventeen of the deaths were in Laurel County, located in the state’s southeast, and one was in Pulaski County: Fire Department Maj. Roger Leslie Leatherman, a 39-year veteran who was fatally injured while responding to the deadly weather.
Parts of two dozen state roads were closed, and some could take days to reopen, Beshear said. He also said the death toll could still rise.
“We need the whole world right now to be really good neighbors to this region,” the governor said.
State Emergency Management Director Eric Gibson said hundreds of homes were damaged,
Kayla Patterson, her husband and their five children huddled in a tub in their basement in London, the county seat, as the tornado raged around them.
“You could literally hear just things ripping in the distance, glass shattering everywhere, just roaring like a freight train,” she recalled Saturday. “It was terrible.”
The family eventually emerged to the sounds of sirens and panicked neighbors. While the family’s own home was spared, others right behind it were demolished, Patterson said as the sound of power tools buzzed in the background. The neighborhood was dotted with piles of lumber, metal sheeting, insulation and stray belongings — a suitcase, a sofa, some six-packs of paper towels.
Rescuers were searching for survivors all night and into the morning, the sheriff’s office said. An emergency shelter was set up at a local high school and donations of food and other necessities were arriving.
The National Weather Service hadn’t yet confirmed that a tornado struck, but meteorologist Philomon Geertson said it was likely. It ripped across the largely rural area and extended to the London Corbin Airport shortly before midnight.
Resident Chris Cromer said he got the first of two tornado alerts on his phone around 11:30 p.m. or so, about a half-hour before the tornado struck. He and his wife grabbed their dog, jumped in their car and scrambled to the crawlspace at a relative’s nearby home because the couple’s own crawlspace is small.
“We could hear and feel the vibration of the tornado coming through,” said Cromer, 46. A piece of his roof was ripped off, and windows were broken, but homes around his were destroyed.
“It’s one of those things that you see on the news in other areas, and you feel bad for people — then, when it happens, it’s just surreal,” he said. “It makes you be thankful to be alive, really.”
The storm was the latest severe weather to cause deaths and widespread damage in Kentucky. Two months ago, at least 24 people died in a round of storms that swelled creeks and submerged roads. Hundreds of people were rescued, and most of the deaths were caused by vehicles getting stuck in high water.
A storm in late 2021 spawned tornadoes that killed 81 people and leveled portions of towns in western Kentucky. The following summer, historic floodwaters inundated parts of eastern Kentucky, leaving dozens more dead.
Missouri pounded by storms, with deaths confirmed in St. Louis
About 1,200 tornadoes strike the US annually, and they have been reported in all 50 states over the years. Researchers found in 2018 that deadly tornadoes were happening less frequently in the traditional “Tornado Alley” of Oklahoma, Kansas and Texas and more frequently in parts of the more densely populated and tree-filled mid-South area.
The latest Kentucky storms were part of a weather system Friday that killed seven in Missouri and two in northern Virginia, authorities said. The system also spawned tornadoes in Wisconsin, brought a punishing heat wave to Texas and temporarily enveloped parts of Illinois — including Chicago — in a pall of dust on an otherwise sunny day.
“Well that was.....something,” the weather service’s Chicago office wrote on X after issuing its first-ever dust storm warning for the city. Thunderstorms in central Illinois had pushed strong winds over dry, dusty farmland and northward into the Chicago area, the weather agency said.
In Missouri, St. Louis Mayor Cara Spencer said five people died, 38 were injured and more than 5,000 homes were affected in her city.
“The devastation is truly heartbreaking,” she said at a news conference Saturday. An overnight curfew was to continue in the most damaged neighborhoods.
Weather service radar indicated a likely tornado touched down between 2:30 p.m. and 2:50 p.m. in Clayton, Missouri, in the St. Louis area. The apparent tornado touched down in the area of Forest Park, home to the St. Louis Zoo and the site of the 1904 World’s Fair and Olympic Games the same year.
Three people needed aid after part of the Centennial Christian Church crumbled, St. Louis Fire Battalion Chief William Pollihan told The Associated Press.
Stacy Clark said his mother-in-law, Patricia Penelton, died in the church. He described her as a very active church volunteer who had many roles, including being part of the choir.
John Randle said he and his girlfriend were at the St. Louis Art Museum during the storm and were hustled into the basement with about 150 other people.
“You could see the doors flying open, tree branches flying by and people running,” said Randle, 19.
At the Saint Louis Zoo, falling trees severely damaged the roof of a butterfly facility. Staffers quickly corralled most of the butterflies, the zoo said on social media, and a conservatory in suburban Chesterfield is caring for the displaced creatures.
A tornado struck in Scott County, about 130 miles  south of St. Louis, killing two people, injuring several others and destroying multiple homes, Sheriff Derick Wheetley wrote on social media.
Forecasters say severe weather could batter parts of the Plains
The weather service said that supercells are likely to develop across parts of Texas and Oklahoma Saturday afternoon before becoming a line of storms in southwest Oklahoma and parts of Arkansas, Louisiana and Texas on Saturday night.
The biggest risks include large to very large hail that could be up to 3.5 inches  in size, damaging wind gusts and a few tornadoes.
These conditions were expected to continue on Sunday across parts of the central and southern Plains as well as parts of the central High Plains.
“Be prepared to take action if watches and warnings are issued for your area,” the weather service said.