Independence Day 2021: Here's all you need to

know about Centre's 'Azadi ka Amrit

Mahotsav' initiative
s per preliminary investigation into the case, the contraband stock,
which was seized on Sunday, was brought here from Jammu and
Kashmir, the official said.
As part of an operation against drug traffickers, the NCB apprehended
the woman, identified as Hussain Bi (45), from Nagpada area in south
Mumbai and seized 1.8 kg of 'hashish' from her, the official said.
The woman was being questioned and a case was registered against
her under relevant provisions of the Narcotic Drugs and Psychotropic
Substances (NDPS) Act, he said.
The official further said the NCB, during the operation, also found that
of late, drug peddlers were using minors and women for the trafficking
of contrabands.
Earlier, the NCB arrested a drug peddler from Mahim area here on
Saturday night. The accused allegedly used to sell drugs to
youngsters, an NCB official said on Sunday.
The accused was caught following a number of complaints from
residents about drug-trafficking in the area.
Restaurant and shopping mall owners have been pleading with the
Maharashtra government for a long time to extend the current
schedules. On a monthly basis, the shopping industry is losing about
Rs 40,000 crore of revenue. Now, the industry’s recovery is
completely dependent on the upcoming festive season, where
traditionally 30-40% of revenue is derived for the retailers.
Hence, listed stocks like LemonTree Hotels, Chalet Hotels, TajGVK
Hotels, Shoppers Stop etc., saw an up move of up to 10% in today’s
trade. Since there is still no news on the multiplexes front, PVR and
Inox Leisure rose only about 3%.
Analysts believe the demand for these stocks will soon be higher after
further easing the COVID-19 restrictions and the festive season lying
ahead.
What’s Happening in the Other States?
Maharashtra has been following serious restrictions as compared to
other states. Prominent malls in Chandigarh, Bengaluru and Delhi,
have reported a sharp rebound with sales, almost reaching 70-80% of
the pre-COVID levels. Footfalls have increased in the metro cities
except for Mumbai. Last year, recovery in malls during June-July was
less than 40% of pre-Covid levels, however, the situation is much
different this time.
The Way Forward
Increased vaccination campaigns have uprooted the fear among the
masses, encouraging them to indulge in shopping. The current
recovery in the malls of different cities is admirable. Many brands are
offering end-of-the-season sales of up to 70% discount, which is to
encourage more shopping to recover earlier losses.