The Horticulture, Revenue and Tribal Development Minister of Himachal Pradesh, Jagat Singh Negi on Saturday warned that the state's apple-based economy would be severely impacted due to foreign trade agreements signed by the Union government and the drastic reduction in import duty on app
In a post on X, Chaturvedi said, "Indigo Airlines operations have been badly hit, leading to massive passenger distress. I have repeatedly raised concerns over the duopoly that prevails in the air, which leads to higher air fares, poor infrastructure, and flight cancellations."
Adani Group, whose market capitalisation was badly hit by a US-based short seller report in early 2023, has recovered from the losses and the Indian conglomerate is back on an "expansion spree".
Shimla is limping back to normalcy after the devastating cloudburst and landslide that have claimed the lives of over 70 people. Tourists have started visiting the hill state again. Tourism business units hope for a revival of business which has been badly hit by flash floods and rain.&nb
The tourism industry in Himachal Pradesh has been badly hit due to heavy rains this year. The National Highway from Dharamshala to Mcleodganj is severely damaged at several places.
Central bank data showed that bank credit to the private sector considered an engine of economic growth, dropped over fivefold in the period under review during the current difficult times. It clearly showed that businesses had been badly hit by the ongoing economic and political crisis.
Chairman of the Shinkiari Traders' Association Alamgir Shah, said: "Our businesses are already suffering from record inflation and are badly hit by the daylong load-shedding as well to our misery."
Beijing [China], October 20 (ANI): The economic indicators from China don't look encouraging as the country had been badly hit by widespread coronavirus lockdowns negatively affecting both businesses and consumers.
Kathmandu [Nepal], August 22 (ANI): Ahead of the festive season in Nepal, businesses have been badly hit by China's arbitrary closure of borders and imposition of lockdowns in several cities following a surge in Covid-19 cases.
Rome [Italy], July 5 (ANI/Xinhua): The Italian government on Monday declared a state of emergency related to the prolonged heatwave and drought conditions that have badly hit the country, particularly its north.