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INDIA DIWALI SPENDING
Cruise tourism can be a major multiplier for India’s travel and MSME sectorsIndia’s cruise tourism sector is sailing into a new phase of growth, creating opportunities for MSMEs across travel, hospitality, logistics...- Full impact of inflation not yet in earnings; may reflect next quarter, warns Unmesh SharmaHDFC Securities' Unmesh Sharma anticipates the full impact of inflation on corporate earnings will surface in the June quarter, potentially...
- DS Group brings UK-based Ben's Cookies to India; eyes 10 outlets in FY27DS Group is bringing British brand Ben's Cookies to India. The company plans to open up to 10 stores in Delhi and Mumbai this fiscal year. ...
- Quit metro life for a smaller city? Here’s the real money math Indians must check before movingMany are trading metro life for tier 2 cities, seeking better quality of life, cleaner environments, and reduced stress. While income may f...
- ET Graphics: From cars to mobiles, consumers open wallets this DiwaliConsumer spending surged across various sectors during the Navratri-Diwali festive period, with significant double-digit growth reported in...
- 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...
- Austerity drive govt orders halt on festival giftsThe Indian government has initiated an austerity drive, instructing ministries, CPSEs, banks, and financial institutions to cease spending ...
- Diwali 2023 sees big jump in online shopping with credit cards: Visa ReportDuring Diwali 2023, Visa reported a significant 25% increase in credit card spending on online platforms compared to the previous year. Ove...
- India safe as long as its brave soldiers stand guard at borders: Modi to security forces on Diwali"India is protected till the time my bravehearts are standing on the borders, unflinching as the Himalayas," the prime minister said. He ad...
- Karbon Card signs 15% more clients as corporate spending bounces backTraditionally, Karbon clocks 50% higher spends during the week culminating in Diwali, compared to the previous 30-day period on an average ...
- Nearly 28% urban Indians plan to spend on gold this Diwali as COVID effects wane: SurveyThe gems and jewellery industry, which was impacted by the COVID-induced disruptions in 2020, had shown signs of recovery in January-March ...
- Spending intent likely below average this Diwali, despite brands' marketing push, says surveyThe survey, conducted by market research firm YouGov, factored into weighted impact of 10 factors including increase in gross household inc...
- As festival season rounds the corner, Indian companies begin planning advertising campaignsAs India Inc braces up for Diwali - the biggest shopping season, consumer durables, e-commerce and automotive companies will drive the adve...
- Tepid weekend sales to spoil retail’s DiwaliFootfalls at prominent malls take a knock, very few walk-ins get converted to purchases.
- Over Rs 10,000 crore cash returns to banks after DiwaliCurrency in circulation has dipped Rs 11,365 crore since the Diwali week when it reached a peak of Rs 20.2 lakh crore to Rs 20.1 lakh crore...
- Cards used more for real time, face to face shopping than online purchases: VisaTop cities with highest growth in card spend for face to face spend during Diwali was Delhi (97%) , Chandigarh(76%), Coimbatore( 73%), Pune...
- Indians likely to spend less this Diwali, says surveyThe survey conducted by news app InShorts and research firm Ipsos said though 21 per cent will be spending more over last year, 18 per cent...
- Diwali expenditures prove cash is still kingTotal cash and currencies in the system rose Rs 25,777 crore during the week to November 6, according to latest Reserve Bank of India data.
- Smartphone makers like Samsung, Micromax, Sony, LG to launch 4G devices this festive seasonTop brands such as Samsung, Micromax, Lenovo, Sony, LG, Karbonn, Intex, Lava and Gionee plan to refresh their handset line-ups with the lat...
- Diwali pushes card-paid shopping over 20%: ReportBuoyed by the marketing initiatives of retailers, shopping through card payments has risen 20 per cent a week before Diwali.
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