Ninety-five percent of hosiery industries in the city are running in losses. Ludhiana: While people stay indoors in their pyjamas, the people making these pyjamas struggle. The hosiery industry in the city has been suffering losses since the pandemic. Vipul Goel, owner of Makhan Hosiery Works (Goel Industries), said that 95 percent of the hosiery […]
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Backed by its new streaming service, BookMyShow is hoping to recover from losses despite an increase in total expenses. Jammu: The new BookMyShow streaming service, introduced in February 2021, has been a gamechanger for the company and has seemed to have attracted consumers. BookMyShow’s primary revenue is generated from the movie business despite having successfully […]
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The cyclone has washed away Maharashtra’s mango farmers’ hopes of earning a profit and put an end to their plans for the Mango Jatra in Indore. Indore: Gusty winds and heavy rainfall, effects of the cyclonic storm Tauktae, gave sleepless nights to many mango farmers in the Konkan region of Maharashtra. The Mango Jatra, an […]
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Out of 140 billionaires in India, only seven are women. Chandigarh: India became the third highest in the world by producing 140 billionaires in the Forbes World’s Billionaire List, 2021, after China and the United States. But only five percent of these Indian billionaires were women. Only seven women became billionaires in India as opposed […]
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As prices plunge, farmers leave the harvest to rot in the farms. Bengaluru: Farmers in Karnataka are letting tomatoes rot on the plant because prices are so low that they do not find it worth their money to transport the crop. Chandrakumar, a tomato farmer in Doddaballapura said, “I harvested almost 20 tons of tomato […]
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Factories are open in the lockdown, but raw material cannot be bought from the hardware stores. Chandigarh: The continuous extension of lockdown in Chandigarh has brought difficulties for the factories in the city. The lockdown allows the factories to be open. But since the hardware stores are closed they cannot produce anything. Virendra Kumar, owner […]
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As Covid-19 cases continue to rise and cities go under lockdown again, driving schools across the country suffer over 70 percent loss. Bengaluru: Pre-Covid days used to be hectic for Aniruddha Gupta, owner of Best Bangalore Driving School. He taught at least 20 students a day before the pandemic. Now the situation is different. “We […]
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Plans to go abroad get foiled while plans to return get postponed as India goes through the lockdown amidst the second wave. The Indian economy stands to lose with a lower number of international migrants. Bangalore: Preeti Pathak, a citizen of the United Kingdom, came back to India in February to visit her mother-in-law, who […]
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As the active caseload in Mumbai went down, unorganized workers who were hoping to start their work ended up disappointed after the lockdown was extended till June 1. Mumbai: As the cases in Mumbai showed a slight dip, workers in the small and unorganised sectors were expecting that the government might ease restrictions in Mumbai, thereby […]
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With the pandemic, subsequent lockdown, and online classes, bookstores on Avenue Road that sell academic textbooks face financial losses. Bengaluru: Book stores on Avenue Road that sell academic textbooks are facing huge losses because the pandemic has stopped students from buying textbooks. Srikanth, now a final year engineering student, did not buy textbooks for the […]
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