Updated Apr 9, 2021, 10:03 am IST
Shops in the market will be open from 9 am, the association said after a meeting of its executive members
The decision was taken as about 25 traders including association president Laxminarayan Rathi reportedly contracted Covid-19 in recent days. (Photo: DC)
Hyderabad: The Hyderabad Kirana Merchants Association decided on Thursday to voluntarily shut shops in Begum Bazaar, the largest wholesale trade hub, by 5 pm from Friday due to the sudden surge in Covid-19 cases.
Shops in the market will be open from 9 am, the association said after a meeting of its executive members. The decision was taken as about 25 traders including association president Laxminarayan Rathi reportedly contracted Covid-19 in recent days.
Hyderabad: Begum Bazaar Timings Changed Over COVID-19 Second Wave Apr 08, 2021, 13:26 IST
HYDERABAD: Begum Bazaar, one of the busy and major trading hubs in Hyderabad has been hit by the coronavirus second wave, after more than 100 people were diagnosed as COVID-19 positive. After this, the Trader Associations have decided to close the area after 5 pm starting from Friday.
Shops in the market will now be open from 9 Am to 5 Pm, as per the instructions issued by the Hyderabad Kirana Merchants Association following a meeting of executive members of the association.
Laxminarayan Rathi, president of The Hyderabad Grocery Merchant Association, and Mahesh Kumar Agarwal, general secretary, said the shops would be open from 9 am to 5 pm and closed till 5 pm.
In the wake of news of Rs 300 crore scam in A P Mahesh Bank, the Telangana High Court has issued notices to the Central Registrar, RBI and others for filing their replies.
It bears recall that Mahesh Cooperative Bank Shareholders Welfare Association has filed a petition in the High Court alleging a scam of Rs 300 crore by the Board. The matter is to be heard again on February 8, reports the daily New Indian Express.
Supreme Court advocate Diljit Singh Ahluwalia who is representing the depositors, submitted his plea in the court asking to suspend the board of directors of the bank and to appoint a retired Supreme Court or High court judge as an administrator.
Hyderabad: Prices of pulses, edible oil to go up in coming days
By Sakina Fatima| Published: 2nd February 2021 11:41 pm IST Photo: Creative Commons licenses
Hyderabad: The central government is going to impose tax on pulses and edible oil in the coming days leading to increase in prices by five to ten percent.
The trade unions are angry over the ignorance towards the retail sector in the Union Budget.
According to media reports, Dilip Pansari, general secretary of Hyderabad and Secunderabad retail dealers association, said that levy of taxes on pulses would increase the price of pulses in the market from Rs 3 to Rs 5 per kg. He said that while promoting large industries, the government ignored small retailers.
Passing through a longish wait, the election results of AP Mahesh Cooperative Urban Bank were finally given the green signal by the court to be announced on Friday. Ramesh Kumar Bung, a well-known face in the cooperative circles was declared elected unopposed as the Chairman of the UCB on Sunday.
Talking to Indian Cooperative soon after the results Bung said, “Last Friday court has asked RO to announce the result. After the announcement we won the 10 seats out of 15 seats and the other five seats were won by our rival’s panel.”
“For the third term I am elected as the Chairman of the Bank. Earlier I was the Chairman for two terms i.e. 2005-2010 and 2010-2015″, Bung added proudly.