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FESTIVE SEASON CONSUMPTION IN INDIA
GST collections jump 22.9% to Rs 2.31 lakh crore in October as festive demand beats high inflation and interest ratesIndia's GST collections in October reached ₹2.31 lakh crore, reflecting a 22.9% year-on-year increase. Strong consumption trends are indica...- Diesel sales surged 11.7%, petrol 3.1% in OctoberDiesel sales experienced an 11.7% year-on-year increase in October due to heightened economic activity. Petrol sales, on the other hand, in...
- 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...
- Ferrero sees India entering top 10 global markets, bets on premiumisation, ramps up product launchesFerrero sees India as a key market, expecting its growth in the premium chocolate segment. The company aims for sustainable growth, expandi...
- 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. ...
- JP Nadda accuses Rahul Gandhi of pursuing 'anarchy agenda' at INDIA bloc rallyJP Nadda has accused Congress and Rahul Gandhi of attempting to destabilize an elected government through the recent rally. He described th...
- 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...
- 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 demand, capex to fuel India’s industrial growth in H2 FY27 despite risks: ReportFestive demand and sustained public capital expenditure are expected to support India's industrial activity in the second half of FY27, alt...
- 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...
- Meesho Q2 Results: Loss narrows to Rs 132 crore YoY, revenue rises 34%Meesho’s Q2 FY27 net loss narrowed 67.8% to Rs 132.45 crore, while revenue surged 34.4% to Rs 4,131.58 crore. Rising user engagement, stron...
- No sugar, no oil: Mumbai dietician shares 10-minute shahi tukda recipe for guilt-free festive indulgenceWith the festive season just around the corner, indulgent desserts often pack on the calories. However, Mumbai-based dietitian Simran Kaur ...
- 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...
- Sugar season 2026–27 begins on schedule, nearly 107 mills commence operations across India: ISMAIn Maharashtra, the country’s largest sugar-producing state, close to 87 mills have commenced operations. More mills are expected to start ...
- ISMA says 107 sugar mills begin crushing operations so far, enough stock to meet domestic demandNearly 110 sugar mills have begun operations for the 2026-27 sugar marketing year in several states. The Indian Sugar & Bio-Energy Manufact...
- 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 consumption story holds appeal, but investors are spending lessIndia's consumer and retail sector saw a 58% decline in deal value during the September quarter. The first nine months of 2026 recorded 353...
- Sweet sellers face heat over shelf life rules ahead of DiwaliWatchdog agencies in states such as Uttar Pradesh and Uttarakhand are among those that have made this mandatory. The directive aims to help...
- No crackers, easy on the festival lightsFestival consumption in India is facing challenges due to rising input costs and cautious spending patterns. Companies are experiencing pre...
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