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FESTIVE SEASON DEMAND
India's palm oil imports hit 14-month high, soyoil purchases set recordIn October, India experienced a surge in palm oil imports to 866,000 metric tons. Soyoil imports reached a record high of 653,000 tons, ref...- Festive demand lifts dry fruit, chocolate imports this seasonDuring the festive season, India's import of tree nuts and chocolates rose significantly, reflecting a 10-12% annual demand increase. The r...
- India’s illegal gold imports surge 1,500% after tax hikeIndia's illegal gold imports surged dramatically in the third quarter of 2023, reaching 50 metric tons. This rise is attributed to the gove...
- Dip in gold price puts the sparkle back into festive and wedding buying, jewellers see 10-12% rise in Dhanteras salesGold prices have dropped significantly, encouraging consumers to return to jewellery stores for upcoming purchases. The correction in gold ...
- Is there shortage of Rs 10, Rs 20 and Rs 50 currency notes this Diwali? RBI clarifiesThe Reserve Bank of India has reassured the public that there will be an ample supply of currency notes for the upcoming Diwali festival. T...
- Indian auto's real test lies ahead after firecracker start to festive seasonIndia’s passenger vehicle dispatches crossed the 5-lakh mark for the first time in October, with wholesales estimated to grow 13-15% year-o...
- India's 2026 gold demand seen falling to six-year low on price rise: World Gold CouncilIndia's gold demand is expected to fall to a six-year low of around 650 tonnes in 2026 as record-high prices, rising living costs and a wea...
- Aditya Birla Lifestyle bets on festive demandThe company, which owns brands such as Louis Philippe, Van Heusen, Allen Solly and Peter England, reported flat like-for-like sales growth ...
- Soaring tech costs push festive shoppers towards EMIsAt Bengaluru-based Pai International Electronics, which operates across Karnataka, Andhra Pradesh and Telangana, 70-80% of smartphone sales...
- Festive spending drives record UPI transactions in OctoberUPI processed transactions worth Rs 31.53 lakh crore during the month, a 16% rise from a year earlier and the highest on record, signalling...
- Royal Enfield reports 7% growth in October salesRoyal Enfield reported a 7% year-on-year increase in October sales to 1.33 lakh motorcycles, supported by strong festive demand. Domestic s...
- India's power consumption rises 21.88% to 159.76 billion units in OctoberIndia witnessed a striking power consumption of 159.76 billion units in October 2026, marking a considerable increase from previous years. ...
- Bank credit growth outpaces deposits at 17.94% as festive demand picks upBank credit expanded significantly, reaching Rs 232.54 lakh crore by mid-October 2026, showing a strong 17.94 percent growth. In contrast, ...
- Handset, TV makers set to slash production on festive sales shockSmartphone and television makers are cutting production by up to 20% after a weak festive season left retailers with excess inventory and u...
- Karwa Chauth shopping spreads beyond the North as D2C sales surge 64%Karwa Chauth shopping is expanding beyond north India, with direct-to-consumer sales on GoKwik’s network rising 64% year-on-year in the six...
- Meesho expects stronger Q3 growth due to change in festive sale timelineThe first day of Meesho's annual flagship sale, the Mega Blockbuster Sale, saw orders growing about 75% YoY. Its transacting customers incr...
- Gold demand gains traction as market enters key festive & wedding seasonBar and coin demand, meanwhile, has reportedly moderated as price momentum has eased, tempering some of the investment-related buying seen ...
- 6,200 special train trips for festive travel: Railways boosts services by 30% for Diwali, Chhath Puja; check Delhi-Patna, Delhi-Howrah & other routesNorthern Railway has planned over 6,200 special train trips for Diwali and Chhath Puja, a 30% increase from last year's 4,666 trips. The ad...
- Life beyond a metro: India's festive shoppers boost Myntra's orders by nearly 2X in key categoriesMyntra's Big Fashion Festival resulted in nearly double the order volumes compared to regular business days. New customer additions from no...
- India's festive auto sales show mixed trends; two-wheelers outperform passenger vehicles: JefferiesThe mixed sales trend comes after strong growth in the first half of FY27 (April-September), when passenger vehicle registrations and whole...
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