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During Ramzan, Muslims globally engage in fasting, prayer, and benevolence, marking a profound spiritual journey. Yet, beyond its religious essence, Ramzan catalyzes societal and economic shifts. Productivity decreases by 35-50% due to shortened working hours and focus limitations. The month also witnesses a commercial surge, with increased demand for commodities, reflecting higher consumer spending.In Kashmir, Ramzan significantly impacts the local economy. Food consumption rises, especially during Iftaar, leading to a surge in food expenditure. Fruit and date demand spikes, with over 30-70% increases, fueling substantial trade. Charity flourishes, as Zakat al-Fitr obligations bolster the local economy by circulating funds. However, inflationary pressures arise from amplified demand, triggering increased prices. Reduced working hours during Ramzan disrupt market operations, impacting productivity and GDP. While Ramzan uplifts subjective well-being, it correlates with lower GDP due to ....
Lawyers protest against transfer of Gauhati High Court Members of the Gauhati High Court Bar Association on Tuesday staged a protest protesting the | BLiTZ ....
An al-badr terrorist was killed in an encounter with security forces on tuesday in jammu and kashmir’s kulgam district, police said. they said, a jammu and kashmir police personnel was injured during the operation in hoowra area of the south kashmir district. a police spokesman said a cordon and search operation was launched by security forces in hawoora area during the night after a specific input regarding the presence of a terrorist. ....
A terrorist was killed in an encounter with security forces on Tuesday in Jammu and Kashmir s Kulgam district, police said. They said a Jammu and Kashmir Police personnel was injured in the operation in Hoowra area of the south Kashmir district. ....