Page 2 - Indian Weddings

'Luxury shame' hits China's luxury market as elites dial down on austerity

The elite in the Land of the Dragon are refraining from ostentatious purchases, putting the nation's luxury market under strain

Anant Ambani, Radhika Merchant tie knot at star-studded ceremony: WATCH

Anant-Radhika wedding: The wedding was attended by key Bollywood figures, former UK PMs, senior Indian politicians and reality TV star Kim Kardashian

Financing weddings, luxury weddings: Top personal finance stories

This week we write about the money planning you need for a wedding and how to illuminate your home

Big fat Indian wedding: At Rs 10 trn, expenses 2nd only to food, grocery

The Indian wedding industry size of approximately Rs 10 lakh crore (USD 130 billion) is second only to food and grocery, with an average Indian spending twice on marriage ceremony than education, a report said. India sees 80 lakh to 1 crore weddings annually compared to 70-80 lakh in China and 20-25 lakh in the US. "The Indian wedding industry is nearly double the size of the industry in the US (USD 70 billion), albeit smaller than China (USD 170 billion)," brokerage Jefferies said in a report. Weddings are the second largest consumption category in India. "Weddings, if they were a category, would rank as the second largest retail category only behind food and grocery (USD 681 billion)," it said. Weddings in India are elaborate and characterised by a range of ceremonies and spending. The industry spurs consumption in categories like jewellery and apparel and indirectly benefits autos and electronics. Despite political efforts to curb them, luxury weddings at exotic locations continu

Bet on these stocks to mint money on your friend's big fat Indian wedding

An average Indian couple spends around 2x on weddings versus education (pre-primary to graduation), according to the Jefferies note, which is in sharp contrast to countries such as the United States

Avoid false dowry claims, keep a list of gifts exchanged: Allahabad HC

The court noted that meticulous documentation of gifts prevents both parties and their families from levelling baseless allegations of dowry transactions post-marriage

All that glitters: Traditional jewellery gets a touch of modern design

Ornaments retain their impression of antiquity without being flashy or cumbersome to wear

Industry bats for Rajasthan govt support to scale up destination weddings

According to Bhavani Shankar Mali, general secretary, All Wedding Industries Federation, Rajasthan, the state hosts 1.5-2 million marriages every year on average

Expecting wife to do household chores does not amount to cruelty: Delhi HC

The HC noted that in some cases, the husband handles the financial obligations and the wife accepts household responsibility. Thus, expecting the wife to do household chores can't be termed as cruelty

Millennials opt for destination weddings, Goa, Rajasthan top list: Survey

India's lavish wedding sector has emerged as the fourth-largest industry, contributing about Rs 4.25 trillion to the nation's gross domestic product

TMS Ep615: Wed in India, UPI payments, markets, Karpoori Thakur

What will it take for 'Wed in India' to succeed? Can India challenge US dominance in international payments? Should you sell the rallies or buy the dips? Who was Karpoori Thakur? All answers here

LIVE: PM Modi gives 'Wed in India' call to retain wealth within country

Get all the latest updates from around the world here

Wedding industry clocks Rs 4.74 trn in earnings in 2023, up 26.4%: Report

Shared financial responsibilities, renting jewellery, and cars over horses among growing trends defining millennial and gen-z weddings, according to WedMeGood's annual report

Thanks to wedding season, hotel industry likely to sustain growth in H2FY24

There are likely to be 3,800,000 weddings during the ongoing season, according to the Confederation of India Traders (CAIT), which is expected to generate Rs 4.7 trillion worth of business

Surging gold prices prompt Indians to recycle jewellery for weddings

"Wedding purchases are happening as they are inevitable," said Ashish Pethe, a partner at Waman Hari Pethe Jewellers

Improve security, parking, and limit noise: Noida police to wedding venues

Marriage lawns and banquet halls in Noida have been asked to keep the volume of music during weddings within permissible limits, police officials said on Sunday. They have also been asked to step up the security on their premises and make sure that CCTV cameras are functional, the officials said. According to an estimate by the Confederation of All India Traders (CAIT), around 17,000 weddings are expected across Noida and Greater Noida this season. The development comes after a 55-year-old man was shot dead by his relative during a wedding at a farmhouse in the Bisrakh area near here on November 27. The accused, who used his licensed revolver to kill his daughter's father-in-law following an argument, was arrested and sent to jail. "We have asked marriage lawns and banquet halls to ensure music is played within the permissible limits and loudspeakers are not used after 11 pm, as per guidelines," Deputy Commissioner of Police (Noida) Harish Chander told PTI. Similarly, instruction

Couples looking for destination weddings, more in India: Industry experts

The idea of tying the knot with one's soulmate in a distant dreamy land with exotic foods and clothes decidedly has a certain charm. The place could be far from home, across the seven seas, or simply a few hours' journey to another city or state in India. As Prime Minister Narendra Modi, on his latest "Mann Ki Baat" radio broadcast, encouraged couples to opt for destination weddings within India, industry experts said the trend of getting married away from home is becoming increasingly popular, both internationally and within India. However, there are more such couples who look for romantic and historic landscapes within the country than abroad, they said. Parthip Thyagarajan, CEO of wedding planner WeddingSutra.com, said around 10 per cent "high net worth individuals" opt for destination weddings and an even smaller percentage goes abroad for the occasion. "Many more weddings are happening in Rajasthan, Goa, Mahabalipuram, Kerala and a few other destination wedding hotspots in and

Bollywood actor Randeep lands in Imphal to tie knot with girlfriend Lin

Randeep to marry Lin Laishram at Imphal, Manipur. The couple will tie the knot on November 29, 2023, and will also host a reception party in Mumbai

PM Modi questions practice of big families organising weddings abroad

Prime Minister Narendra Modi on Sunday said he is troubled by the trend of some "big families" conducting weddings abroad, and urged people to hold such celebrations on Indian soil so that the country's money does not leave its shores. In his Mann Ki Baat radio broadcast, Modi said while shopping for weddings, people should give importance to products made in India only. The wedding season as well has commenced now. Some trade organisations estimate that there could be a business of around Rs 5 lakh crore during this wedding season. While shopping for weddings, all of you should give importance to products made in India only, he said. And yes, since the topic of marriage has come up, one thing has been troubling me off and on for a long time and if I don't open up my heart's pain to my family members, who else do I do it with? Just ponder these days a new milieu is being created by some families to go abroad and conduct weddings. Is this at all necessary? Modi said. He stressed tha

Wedding season gets a good start as Delhi sees 40,000 weddings on Nov 23

November 23, the first day of the wedding season, will witness 40,000 weddings in Delhi; Tulsi Vivah ceremony was also performed in the national capital