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DIWALI SPENDING BOOST
Surge in dining and entertainment spending boosts restaurant and cinema revenue ahead of DiwaliLowered tax rates are fueling a surge in discretionary spending, with restaurant chains, pubs, and online booking platforms experiencing si...- Record diwali consumer spending expected to boost India's economyThis Diwali month is witnessing record consumer spending. Urban areas are leading the surge, supported by recovering rural incomes. This fe...
- How Post-Dussehra & Pre-Diwali Energies Transform Your Zodiac Sign in 2025The Dussehra-Diwali window is a special cosmic window to look within, transform, and evolve. As the warrior energies of Dussehra give way t...
- Finmin advices banks and other financial institutions to stop expenditure on festival giftsThe Finance Ministry has advised all financial institutions, including the RBI, to cease wasteful festival gift expenditures ahead of Diwal...
- Railway employees bonus 2025: Govt approves Rs 1,866 cr Diwali gift for 10.90 lakh peopleThe Union cabinet has approved a Productivity Linked Bonus of Rs 1,866 crore for 10.90 lakh Railway employees, acknowledging their commenda...
- RBI may announce 25 bps rate cut in August to boost credit growth ahead of Diwali: SBI ReportThe Reserve Bank of India (RBI) is expected to announce a 25 basis points (bps) repo rate cut in the upcoming Monetary Policy Committee (MP...
- Score big with consumers, unravel the impact of major events on consumer spendingIndia's economy benefited from the ICC Cricket World Cup, with increases in consumer spending seen across industries, particularly benefiti...
- 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.
- PSU stocks rally raises chances of government divestmentThe heavy election calendar will likely exert pressure on the government to boost social spending with schemes to boost annual transfers to...
- ET Explains: Why this Diwali is the most crucial in 10 yearsEconomic revival will need consumer spending to grow in the festive season, which is just weeks away.
- Consumption growth on track but the pattern has changed: Arvind Singhal, TechnopakOverall consumer spending services account for more than 52% now, says Technopak CMD
- Retail to etail, festive sales may grow in double digitsThe festive period — starting with Onam and lasting till Diwali — accounts for 30-45% of annual sales.
- Nifty to hit 9,000-mark by Diwali; to dole out 12-14% returnsThe optimism is based on the government's continued efforts towards structured reforms including roll out of GST, which may be implemented ...
- PM Narendra Modi to celebrate Diwali with ITBP men along China borderNarendra Modi had celebrated his first Diwali as a PM in 2014 with army in Siachen and second one last year on the Punjab border with Pakis...
- Companies plan slashing gifting budget this Diwali: ASSOCHAMCompanies may cut their corporate gifting budgets by up to 20 per cent in view of the uncertain recovery in economic growth and spiralling ...
- Smartphone makers plan big ad splash for festival seasonApple may spend at least Rs 100 crore on the launch of its new phones in India, while Samsung is likely to spend Rs 150 crore on promotions.
- Buyers turn Santa for beleaguered retailers during ChristmasMost of the retailers record double-digit sales growth, making it the best-ever revenue season for several of them this calendar year.
- Experts hail 'Mangalyaan' launch, say it's time to take "broader" viewDespite criticism about the mission, the successful launch of 'Mangalyaan' saw the scientific community in the country hailing the mileston...
- Electronics retailers clear inventory after Independence Day boomTop electronics retailers have sold most of their months-old inventory in just one week of promotional sale around the Independence Day.
- Retailers to step up festive splashThe upcoming festive season will see retail players increasing their marketing spend by 20%. The retail sector missed a big opportunity aro...
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