Exciting returns, leisure time, bullish market, advent of digital platforms and IPOs have led to more Indians opening accounts over the past year. India has seen a remarkable rise in the number of active DEMAT accounts in the last one year. Statistics released by depositories show that the number of DEMAT accounts has increased by […]
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With high expenses, several parents in Bengaluru shy away from mental healthcare sessions amid the pandemic. Bengaluru: High consultancy fees amidst the pandemic have made mental health counselling options inaccessible for several parents and children in Bengaluru. Archana, a mother of two, approached several psychologists for her son at the beginning of 2021. At least […]
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Stationery businesses are facing losses because of non -payment of the goods sold on credit basis. The distributer chain of stationery manufacturers, wholesalers and retailers has stopped selling goods through the credit system. Prakash, 30, a wholesaler at Avenue Road said that the credit system is dying because after the first lockdown, businesses have not […]
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Customers are more inclined towards buying electric lights. The earthen lamp maker’s business has declined from 90 percent of sales to 25 percent for the past two years. Lamp sellers blame the pandemic, along with the unwillingness of people to spend money on festivities during these tough times. Most potters and pottery shop owners suggested […]
Continue ReadingStreet vendors cannot access bank loans despite their inclusion in MSMEs. Urban street vendors now fall under the ambit of Ministry of Micro, Small, and Medium Enterprise (MSME) but they are unable to get loans because they fail to meet the eligibility criteria. Vijaylaxmi, a street vendor at Krishna Rajendra (K.R.) Market said that she […]
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Accidents due to unscientific speed breakers increased as lockdown relaxation ease in the city. Unscientific speed breakers across Karnataka are leading to an increase in road accidents in the state. The number of accidents in Karnataka was around 2,000, making Karnataka the leading state in speed-breaker accidents. A Ministry of Road Transport and Highways study […]
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The cosmetic industry’s post-Covid slump continues, although there is a shift in customers’ attitudes. In 2020, India’s lip makeup market sales declined by 2.18 percent. Majority of the cosmetic brands in India have recorded losses. The Body Shop reported their net income in negative figures in 2020 which was Rs. 650.2 million. Sugar cosmetics recorded […]
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Unsanitary pad-vending machines leaves college students stranded during emergencies. Colleges have not yet installed sanitary napkin vending machines along with incinerators as required by the University Grants Commission (UGC). This leaves students on campuses with limited access to pads. “During emergencies, it gets really stressful to find a sanitary pad in college campus if our […]
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Most brands and influencers are ideating new strategies to enhance the engagement rate of their content. Over 89 percent social media influencers have experienced a dip in their engagement rate following Advertising Standard Council of India (ASCI) guidelines for influencer marketing in June 2021. “We did face a certain dip in the paid promotions because […]
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Alcohol withdrawal proved to be a big problem during the months of the pandemic, for hospitals and patients alike. Hospitals in Bengaluru said that they were not prepared to deal with the sudden rise in alcohol withdrawal cases during the Covid lockdowns. Most beds in the hospitals were reserved for Covid patients and the Maternal […]
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