Businesses in distress due to deteriorating situation across Kashmir

Investment dries up, sales plummet, say biz community With deteriorating situation due to civilian killings and followed after protests in Kashmir, the business community here are a distressed lot, as the new investments have dried up, while sales and business transactions are witnessing downward trends. As more than 10 civilians were killed in forces action during this month leading to subsequent protests virtually leading to closure of commercial activities, the business community are apprehensive about the future business prospects, terming the situation as “gloomy”. At the same time people are…

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