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Demand failed to pick up in the early part of the festival season because of widespread rain in several parts of the country besides the overall consumption slowdown
Diwali is always a special occasion for both companies and their employees. Here are the top 6 budget-friendly gifts to share this Diwali
The Delhi Fire Service received 100 calls of fire-related incidents on the evening of Diwali, officials said here. These calls were recorded between 6 pm and 10.45 pm on Sunday, Delhi Fire Service (DFS) chief Atul Garg said. "The total number of small, medium and major fire-related incident calls is 100 from 6 pm to 10.45 pm," he said, adding that his department was prepared to help. Officials said the Delhi Police was also on alert and helping fire personnel. The firecracker ban was violated in several areas of Delhi as the city celebrated Diwali. Last week, the Supreme Court said its order banning firecrackers containing barium binds every state and is not just limited to the Delhi-NCR region, which is reeling under severe air pollution. Although Delhi recorded its best air quality on Diwali day in eight years, pollution levels were expected to rise due to the burning of firecrackers and low night temperatures.
Overall sales have seen an increase over last year, but that was in value terms and not in quantity, because of prices being 20 per cent higher than last Diwali
To gauge consumer sentiment during the festive season, Simpl conducted a survey to get insights about consumers' festive purchase plans
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
It is recommended that you take your time to compare offers from different banks instead of rushing for the initial one you encounter.
CTI chairperson Brijesh Goyal said business is declining despite the festive season due to pollution. The central government is requested to take strict and concrete steps against air pollution
Credit cards offer generous reward points, cashbacks, and discounts during the Diwali season. These can help you save money in the long run no matter how much you spend at present.
This type of EMI is designed to appear "interest-free" to the consumer. It means that you won't be charged interest on the loan
These locations have replaced the previous year's Northern hotspots like New Delhi and NCR, Jaipur, and Udaipur.
For Dhanteras, customers can get 5% Cashback on Jewelry purchases using AU Credit Card.
Business Standard brings you the top headlines at this hour
Prohibition on use of chemical adds to pain of ban on firecrackers; industry appeals to Supreme Court for relief
Attractive discount schemes, lucky draws, selfie points and food stalls, markets in the national capital are trying every trick in the book to bring back buyers this Diwali. Markets across the city have been decked up with bright lights, while traders are running campaigns on social media to urge people to visit instead of shopping online, a traders' organisation said. The Chamber of Trade and Industry (CTI) Chairman Brijesh Goyal and President Subhash Khandelwal urged consumers to visit markets with their families. "Bring back the radiance to the markets, light the lamp of enthusiasm in the city markets. Avoid online shopping. The fun of shopping is at the shop, not on the screen," Goyal said. Selfie points and food kiosks have been set up, discount schemes and lucky draw coupons introduced to attract customers to the markets, Goyal said. The CTI is also appealing to shoppers through Facebook, Twitter and WhatsApp, urging them to go to the markets instead of relying on e-commerce
It is the season of lights, parties and gifts. And this Diwali, after a two-year pandemic-induced lull, people are thronging the markets to grab the perfect gift for their loved ones and keep the ritual of exchanging goodies alive. This season, shoppers are once again contending with the problem of plenty, be it in deals or offerings, which has bewildered even the most seasoned buyer. This was why Vandana Thapa, a homemaker in her 40s, played it safe and bought a mixed-bag of sorts, including electronics, home accessories to 'tried and tasted' mithai, to satiate her annual festival shopping cravings. Her laundry list of items includes a bar cabinet for her brother, phone for her father, home decor items for colleagues and sweet boxes for her house help. According to industry experts, even though gourmet hampers, home furniture and accessories, such as chic candle stands or crockery, and sweets are in huge demand, electronic devices, including mobile phones and smart wearables, rema
Industry captains expect a 15-20% increase in demand over last year's high base
Traffic snarls were seen in several parts of the city as people thronged markets on Friday to make purchases ahead of Diwali. According to the police, they received over 40 calls about traffic congestion in various parts of the national capital. Calls were received from Dhaula Kuan, Khajuri Khas, Raghubir Nagar, Naraina flyover, Mangolpuri, Palam, Dwarka, Kanjhawala, Karala, an official said. Sakshi Mahajan, who was commuting from Sarojini Nagar to central Delhi, said, "The traffic movement was very slow. There were many vehicles on the road. It took me one hour to reach the destination in central Delhi." A video was circulated on social media in which Sarhaul border at Delhi-Gurugram expressway was seen choked with vehicles. An ambulance was also seen stuck in the traffic. Commuters also took to Twitter to inform about traffic congestion across the city. A commuter said there was a massive traffic jam from Chandaki Ram Akhada to Majnu-ka-Tilla. Traffic snarls were also reported
Televisions, microwave ovens, vacuum cleaners, washing machines are expected to drive the growth of the consumer durable industry during this festival season
The report highlights that 93% of Diwali shoppers are likely to try a new brand in the holiday season, 80% now discover new brands or products online