Diwali Business

Consumers have been indulging in festive snacking and gifting for Diwali, encouraged by companies offering affordable gift packs and food hampers despite inflation concerns

Several states have imposed formal restrictions ranging from limiting hours to manufacturing, storage, sale, and use

This is an ideal opportunity for all the seasoned investors to add new stocks to their portfolios or boost their investments in stocks they already own

Markets in Jharkhand are all geared up for brisk business on the occasion of Dhanteras on Friday, an official of the state chamber of commerce said. People prefer to buy things on the occasion of Dhanteras. Automobile, electronics, home appliances and bullion markets are expected to do brisk business this year, he said. Vice President of the Federation of Jharkhand Chamber of Commerce and Industries (FJCCI) Aditya Malhotra told PTI, "Market has settled down now after the turbulence triggered by Covid pandemic two years back. Purchasing capacity of people has also increased. Overall, we can say the market is in a better mood this year." Malhotra said, "Even though it would not be appropriate to give figures, we are hoping that the overall market would go up by 25 per cent compared to the previous Dhanteras." The automobile sector is likely to do brisk business with a surge in demand for both two-wheelers and four-wheelers. "The demand for SUVs is high. Besides, there is a huge sur

Prime Minister Narendra Modi on Wednesday urged people, this Diwali, to buy products which have been made locally and then post a selfie with the product or its maker on the NaMo App. In a post on X, Modi said, "This Diwali, let us celebrate India's entrepreneurial and creative spirit with #VocalForLocal threads on NaMo app. https://narendramodi.in/vocal4local" "Buy products which have been made locally and then post a selfie with the product or the maker on the NaMo App. Invite your friends and family to join your thread and spread the spirit of positivity," Modi said. "Let us use the power of digital media to support local talent, encourage the creativity of fellow Indians and keep our traditions thriving," he said. In his remarks during October's 'Mann Ki Baat', Modi had reiterated his strong pitch for being 'vocal for local' "Like every time, this time too, during festivals, our priority should be 'Vocal for Local'," he had said. "I want to reiterate my request that wherever

Global luxury brands are increasingly seeing India as a luxury destination. This year too, many including Cartier and Jimmy Choo, have launched India-specific collections for the festival season

Over 400,000 gig and temporary workers were reportedly hired to meet the high demand during this year's festive season

Prohibition on use of chemical adds to pain of ban on firecrackers; industry appeals to Supreme Court for relief

Deadline for agreement will depend on talks, he says as Diwali timeline goes by

The demand for gig workers is, however, not restricted to tier-1 locations. Tier 2 and tier 3 cities have seen an increase of 40 per cent, with a higher demand for delivery workers

Group tours at 65-70% of pre-pandemic levels; Southeast Asia, Egypt, and Turkey seeing maximum demand

With contactless exchanges becoming the new normal, companies are preferring e-gifting options.

Conversations with distributors and film exhibitors reveal discounts on ticket prices are being planned to attract audience

German premium car maker Mercedes-Benz on Saturday announced opening of booking for its all-new SUV GLE, which is expected to be launched in India early next year

Business Standard looks at how shopkeepers, store owners, traders and businessmen are faring this festive season and what has brought down their spirits

We paid 28% GST on firecrackers, but after Supreme Court's order, we had to shut our shop, a businessman said