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DIWALI ORDERS
Smartphone brands brace for 9-10% festive sales drop as higher prices dampen demandSmartphone sales are projected to dip by 9-10% this festive season as rising handset prices dampen consumer demand. Brands are strategizing...- Time for investors and traders to think alike? 7 Nifty Auto stocks with an upside potential of up to 19%There are sectors that have not quite followed the war script. Take the auto sector, for instance. A surge in oil prices is supposed to be ...
- Modi wants Indians to press pause on gold. But the $5.2 trillion obsession runs deepIndia’s attempt to protect the rupee is now colliding with one of the country’s strongest cultural habits — buying gold. After Prime Minist...
- Waiting for your dream phone to get cheaper? That moment may never comeSmartphone prices are no longer dropping predictably. The demand for AI chips is causing component costs to surge. This means phones are la...
- PM Modi calls for pandemic-era austerity drivePrime Minister Narendra Modi urged Indians to embrace austerity measures, similar to the Covid-19 pandemic, to counter disruptions in fuel ...
- DA hike delay: NC-JCM seeks cabinet secretary's intervention for dearness allowance announcementWhile the NC-JCM reached out to the cabinet secretary, one of its affiliated bodies, the Confederation of Central Govt. Employees & Workers...
- Pre-Diwali orders still on shelves, kiranas cut back on fresh orders with FMCG companiesFMCG companies had indicated that consistent decline in rural markets had halted in the September quarter but deficient rains, followed by ...
- Ecommerce channels see 25% growth in purchase volumes during Diwali season: reportWhile credit card spending rose 18% from the previous year, face-to-face commerce rose 12% YoY.
- Festive season brings USD 13 bn opportunity for e-tailers, non-metro sellers get more Diwali orders: ReportShiprocket estimates the Indian e-commerce opportunity will be at a staggering USD 13-billion for the Indian MSMEs during the festive seaso...
- Surat’s diamond workers see Diwali vac cut to a week from three weeks on export revivalThe demand revival for polished diamonds has been “encouraging” with exports in October slated to be equal to a year ago in value terms, Sh...
- Sellers from smaller cities driving festive sales: SnapdealAhead of Diwali, Snapdeal had opened 25 logistics centres to serve the surge in orders. This is now helping move the Diwali orders faster.
- Covid-19 impact: It’s the best of times and the worst of times this Diwali“We have already reduced our orders by 40%,” said Siddharath Bindra, MD of Biba Apparels that operates more than 200 enthnic wear stores. H...
- With migrants gone, jewellery exporters seeks more time to fill ordersNearly four lakh migrant workers in Surat and Mumbai left because of lockdown and are unlikely to return to work before Diwali. Orders that...
- Companies keep off the cards table this DiwaliThis year, several big playing card suppliers and manufacturers from different cities said sales are down up to 40% compared to last year.
- Sale of firecrackers other than green crackers banned in Delhi-NCR: SCA bench of Justices A K Sikri and Ashok Bhushan said firecrackers already produced can be sold in this festival season only in other parts ...
- Tamil Nadu to consult all stakeholders on modified 2-hour cracker slotDiwali is celebrated in the state early in the morning to commemorate the death of Narakasura, it pointed out.
- Supreme Court modifies timing for bursting firecrackers on Diwali in TN, Puducherry; retains 2 hour capIn its October 23 order, the court had ordered that bursting of firecrackers on Diwali and other festivals would be only from 8 PM to 10 PM.
- Cracker ban order: SC laments communal twist, refuses reliefThe bench brushed off statements by political leaders criticising the ban, saying they were entitled to their views. “We take it that it is...
- Supreme Court bans sale of firecrackers in Delhi-NCR ahead of DiwaliIndia will celebrate Diwali on October 19 and the order means that no firecrackers will be available for purchase before and after the fest...
- #HappyDiwali: Twitter goes live with customised 'diya' emojiPeople across the world can use this emoji by using #HappyDiwali, #HappyDeepavali and #Diwali hashtags.
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