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FESTIVE SEASON DEMAND
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...
- 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...
- 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...
- Indian gold buyers get 'breathing room' from Fed before Diwali, but conditions applyThe US Federal Reserve’s decision to keep interest rates unchanged at 3.75%-4.00% could give Indian gold buyers some breathing room, but pr...
- 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...
- 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...
- 922 kg of adulterated sweets including 265 kg of rasgullas, spoiled khoya destroyed in Delhi ahead of festive seasonDuring festive inspections, Delhi's Food Safety Department took decisive action by destroying 922 kg of tainted food items. Inspectors focu...
- 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...
- Smartphone shipments fall 20% YoY in Q3 as price hikes mute demandIn the third quarter of this year, India saw a staggering 20% drop in smartphone shipments, largely due to rising memory costs impacting ov...
- Hindustan Zinc shares drop 4% as India allows large silver imports despite weak demandHindustan Zinc shares fell sharply on Friday after India issued permits to import 6,500 metric tonnes of silver over the next six months to...
- 6,500 metric tons incoming in next six months: India opens festive floodgates for silverThe increased allocation could support international silver prices while bringing down elevated premiums in India, where tight supplies hav...
- Cheaper air tickets may remain a distant dream for Indian flyersIndian flyers may have to wait longer for airfare relief after the festive season as elevated aviation turbine fuel prices, rupee depreciat...
- India Inc eyes a festive boom, but the bottom line holds a twistFestive shopping is currently gaining momentum with significant sales in both online and offline markets. Companies are experiencing increa...
- Indians travel more despite costly flights, hotel rates to jump 27% post-DiwaliTravel bookings are on the rise for the festive season, with significant demand reported by various companies. Average hotel rates are expe...
- Festive ecommerce season off to strong start, Flipkart DAUs hit new high: BofA reportIndia's 2026 festive ecommerce season has initiated with strong performance from online retail platforms. Flipkart saw a significant increa...
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