Page 2 - Festive Season

Amid slackness, RBI report confident of festive season boost to economy

"Stage is set for the private sector to deploy capital and invest in growth"

Froth covers Delhi's Yamuna ahead of festive season, posing health hazard

The Yamuna river in Delhi was seen covered with a thick layer of white froth on Friday with experts saying this poses health hazards for people especially as the festive season approaches. Multiple videos circulating on social media show vast sections of the river frothing, resembling clouds over the water, which gradually dissipated later in the day. Bhim Singh Rawat, Associate Coordinator of the South Asia Network on Dams, Rivers & People (SANDRP), told PTI, Normally, the upper segment of the Yamuna experiences significant flood spells, but this year, there have been none during the just-concluded southwest monsoon of 2024." "This is unusual, as the river generally witnesses at least a couple of low or medium flood spells in this segment every year, Rawat said. He highlighted that the pollution in the river is a serious concern affecting human health and wildlife near the river. While the river has some natural cleansing ability, pollution levels are alarming, he said, adding ..

Real deal about festival home loan offers; starting marathon running

This week we report about how to review a discount home loan and what you need to take up running

Bajaj Auto, TVS, Hero slip up to 11% on below expectation festive demand

At 10:15 am, the BSE Auto index, the top loser among sectoral indices, was down 3 per cent, as compared to the 0.33 per cent decline in the BSE Sensex

Festive season motorcycle sales fall short of expectations: Bajaj Auto

Motorcycle sales in the ongoing festive season so far are below expectations as demand is muted and the industry will be lucky if it sees 3-5 per cent growth compared to last year, Bajaj Auto Executive Director Rakesh Sharma said on Wednesday. While there are still about 15 more days to go for the festive sales this month, he said as a result of muted growth in motorcycles, the overall growth prospects of the two-wheeler industry could also be impacted for the full fiscal. "The responses in the motorcycle industry are a little bit muted in the sense that we thought that about 6 to 8 per cent growth will be there in the festive period, but it is not that much. It is 1-2 per cent, almost very similar to last year, same period," Sharma told reporters in an earnings call. The expectations were that by Dussehra the growth would be at about 6 to 8 per cent, he added. "There are still 15 days. We have noticed a lot of times that demand can become very compressed, and can surprise us even

High food prices pushing customers to curtail spending ahead of festivals

In September, retail inflation was 5.49 per cent and food inflation at 9.24 per cent. Vegetable prices were 36 per cent higher than a year ago

Centre releases Rs 1.78 trn advance for states ahead of festive season

By norm, money from the divisible tax pool is devolved to states in 14 annual instalments: 11 in 11 months and three in March

'Buyers opting for lighter, more affordable pieces amid rising gold prices'

Despite the increase in gold prices, the enduring appeal of gold during festive seasons and weddings remains strong

Hiring surge in gig economy: 1 million jobs to boost this festive season

As the festive season approaches, India's gig economy is set to create around one million jobs, driven by demand in e-commerce, retail, and logistics, with a notable rise in female participation

Beats Solo Buds: Unboxing and first look at India-exclusive festive edition

Festival fillip: Car dealerships see four-fold increase in footfall

Dealer sources claimed that even enquiries and bookings are up by 3-4 times when compared to the last 2-3 months

Gold hits fresh all-time high of Rs 78,450 per 10 gm on festive demand

Gold prices rose by Rs 150 to hit a fresh all-time high of Rs 78,450 per 10 grams in the national capital on Friday on increased demand from jewellers and retailers driven by the ongoing festive season. The precious metal closed at Rs 78,300 per 10 grams on Thursday. Silver surged Rs 1,035 to Rs 94,200 per kg from Rs 93,165 per kg in the previous session, according to the All India Sarafa Association. Meanwhile, gold of 99.5 per cent purity climbed Rs 200 to reach an all-time high level of Rs 78,100 per 10 grams. Bullion traders attributed the rise in precious metal prices to the emergence of buying by jewellers and retailers driven by the ongoing 'Navratri' festival. In futures trade on the Multi Commodity Exchange (MCX), gold contracts for December delivery rose Rs 131 or 0.17 per cent to Rs 76,375 per 10 grams, hovering near an all-time high. "Silver witnessed steady moves as participants widened their bets on a firm spot demand seen in physical markets due to the start of the

Amazon, Target announce big hiring, but retailers cut back on holiday jobs

As retailers gear up for the holiday shopping season, hiring plans vary, with some scaling back on seasonal staff amid economic uncertainty, while others maintain strong hiring goals

Nike withdraws annual revenue forecast, signals weak holiday season

Analysts say the company is yet to see benefits from its drive to fast-track innovation and revive demand through new product launches like Air Max Dn and Pegasus 41

E-com retailers may clock Rs 120K cr in GMV during festive sales: Redseer

The latest analysis forecasts 20 per cent year-on-year (Y-o-Y) growth, fuelled by high pent-up demand and a premiumisation wave

From EMIs to discounts, luxury car companies switch to festive gear

According to industry analysts, luxury car sales have remained steady, with a slight uptick in vehicle values driving overall revenue growth

Hampers to experiences in India Inc's gift basket for the festival season

From local art collaborations to luxurious spa vouchers, corporate gifting is blending tradition with innovation

Amazon is making its Local Shops program more robust this festive season

'Local Shops on Amazon' has enabled offline retailers and neighbourhood stores to reap the benefits of e-commerce

Online retailers gear up for festive showdown; expect record-breaking sales

While Flipkart aims to meet the demand surge with same-day delivery from its 20,000+ SKUs in 20 cities, Amazon plans to showcase millions of products from 1.6 million sellers across various categories

Online home searches rise again as festive season kicks in: Report

The reading on the Indian Residential Index for Online Search by proptech platform Housing.com touched 99 in August, the highest since December 2023 when it was 105