Chaitanya explained, "High GST rates have reduced consumers' ability to spend, leading to a noticeable decline in demand. This fall in consumption has directly impacted retail businesses, particularly small traders who depend on steady daily sales." He noted that while the Central Governm
Beijing [China], August 28 (ANI): China's industrial performance in July edged down, due to the decline in demand caused by the sporadic COVID-19 outbreaks and power shortages, the National Bureau of Statistics (NBS) said on Saturday, Global Times reported.
Beijing [China], August 16 (ANI): China's smartphone market boom comes to an end as it registers a sharp decline in demand within the mainland and outside.
New Delhi [India], Apr 25 (ANI): The recent COVID-19 lockdown has impacted domestic poultry industry severely with fourth quarter (January to March) being the worst in recent times, according to investment information firm ICRA.
Geneva [Switzerland], Jan 9 (ANI): The latest data for global air freight markets released by International Air Transport Association (IATA) shows that demand measured in freight tonne kilometres (FTKs) decreased by 1.1 per cent in November 2019 compared to the same period in 2018.
Aurangabad (Maharashtra) [India], May 20 (ANI): With the commencement of Ramzan, the markets in Aurangabad, Maharashtra have been decked up with varieties of dates, food and other needs for the festivities.