Textile Industry and Covid-19

Benguluru has a vast textile industry that has been affected adversely due to the Covid-19 pandemic. Textile & garments industry in India is expected to reach $223 billion by 2021 from $140.4 billion in 2018, according to Invest India statistics. Manufacturers in the Textile Industry- Motherland Garments Private Ltd’s Managing Director A.J. Pandiam said that […]

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DRDO dismisses Patanjali’s claim on 2DG drug

Patanjali has done nothing much, they did publish a paper but it was based on our study, DRDO said. Gurugram: TheDefense Research and Development Organisation (DRDO) has said that Patanjali had nothing to do with the research of their new drug 2DG. This comes in response to Patanjali Chief Executive Officer (CEO) Acharya Balkrishna’s claim that the newly-launched […]

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GST council meeting to discuss tax-free covid products today

The 43rd GST council meeting discussed the exemption of Covid-related products from the GST rate slabs. Chandigarh: The exemption of Goods and Services Tax (GST) on Covid-related products was on the agenda of the GST council meeting today, but experts suspect that the exemption might not take place. The Goods and Services Tax Council (GST) met on […]

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Import Restrictions Hit Indian Traders Hard

Bengaluru: To cope up with Atmanirbhar Bharat Abhiyaan, local retailers face difficulty in conducting business operations.  With a calculator in one hand and other involved in writing financial reports, Nikhil Prasad, a tyre manufacturer at Velox Tyres Pvt. Ltd. said, “The import restrictions imposed by the government are neither giving us the advantage of increased demands, nor […]

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Green Manufacturing – A hit and miss in Peenya.

Synpack is a company that engages in a practice known as blown film extrusion which is used to manufacture polymer sheets. These polymer sheets are used to produce plastic films used by food packaging and pharmaceutical companies. At the empty plot adjacent to the Synpack factory, in Phase-II of Peenya Industrial Area, is a plastic […]

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COVID-19: All home, no travel makes travel agencies dull

The pandemic was harsh on travel agencies as the whole world paused due to coronavirus-induced lockdowns.  Keertiraj H., a former software engineer, runs a tour and travel business, named Keerti Tours & Travels. He looks after the google business aspect of the company. But his uncle, Shankar B., looks after the business on ground. As […]

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The hospitality sector still hungry a year after Covid-19

With the second wave of Covid-19 looming over the heads of everybody, the hospitality sector in Karnataka looks at the long road ahead of the revival. Bengaluru: When the lockdown was imposed in March 2020, Anil Kumar, the owner of Udupi Taaja Tindi, a small restaurant in Bengaluru did not know that he would have […]

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Micro, Small and Medium Enterprises- bigger problems

The MSME sector faces uncertain times and a long list of problems due to the pandemic. Bengaluru: Micro, Small and Medium Enterprises are one of the hardest hit sectors in India due to the pandemic. The production activities came to a halt during lockdown. Further, the pandemic disrupted supply chain, procurement of raw materials, and […]

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