Festive Sales

Nissan Motor India on Tuesday said its total wholesales increased by 45 per cent to 10,011 units in October as compared to the same month last year. The company had dispatched a total of 6,917 units in October 2021. Last month the automaker sold 3,061 units in the domestic market and also exported 6,950 units, Nissan Motor India said in a statement. The company had dispatched 3,913 and 3,004 units in the domestic and international markets, respectively, last October. "Festive season has strong momentum of increased number of deliveries, with customer preference for early delivery and ease of finance. Preference of customers was for SUVs specially amongst the first time and replacement buyers," Nissan Motor India Managing Director Rakesh Srivastava noted. The company is confident that demand will continue to rise with an improvement in economic growth, customer sentiment and with improvement in supply, he added.

The sale was carried on both online and offline and was twice as much as achieved last year

Deliveries of market leader Maruti Suzuki India rose to 190,000 units compared to 130,000 units last year

Indian brands, too, have capitalised on the sentiment ahead of the festive season

More than 80 per cent of the new customers came from smaller towns for the e-commerce giant's month-long festive sale event Great India Festival which would end on October 23

He urged the youth to dedicate two days coinciding with the Diwali festival to keep the surroundings clean

CPI-inflation for the month of September surged to a five-month high of 7.4 per cent largely due to a spike in food inflation which jumped to a 22-month high of 8.6 per cent for the same period

E-commerce firms such as Amazon, Flipkart, Meesho, Reliance's JioMart and Tata Group have been running various parallel sale events

E-commerce firms and online retailers too have been having swinging times

September volumes were better than estimates led by the new launch Hunter 350

There are expectations of a good kharif crop as well

As Delhi gears up to celebrate Navaratri and Durga Puja with fervour after a two-year Covid pandemic lull, the situation continues to remain gloomy for the city's idol-makers due to curtailed spending by individuals and budget cuts by puja committees. According to the artisans, orders have reduced by almost 70 per cent this year as compared to pre-Covid times and most of the orders are for smaller and cheaper idols, which results in thin profit margins. "Our business got impacted due to the pandemic and the subsequent restrictions. We have returned to work after two years but the business hasn't revived. It is not even even 25 per cent of what it used to be (before Covid) and because of this, we had to reduce our staff," owner of an idol-making shop at Chittaranjan Park Govind Nath told PTI. Eleven idol makers from West Bengal, who used to work in here, went back to their respective hometowns during the first lockdown in 2020, he said. "People have been ordering idols of smaller ..

The festive month is generally defined as a period starting from the first sales event and lasting roughly till Diwali week

The sentiment is robust even in the consumer durables segment

As markets are regaining the traditional excitement this festive season after lacklustre sales during the COVID-19 pandemic, the trade of sweets and namkeen (snacks) in the current financial year is likely to reach an all-time high of Rs 1.25 lakh crore, says an industry body representative. During the Rakshabandhan festival last month, the trade of sweets and snacks witnessed a tremendous growth, Federation of Sweets and Namkeen Manufacturers director Firoz H Naqvi told PTI. "The demand of modak and other sweets has also increased in the ongoing Ganesh festival and this trend is expected to continue during the forthcoming Dussehra, Diwali and Holi festivals too, he said. The federation is an apex body of sweets and other snacks manufacturers. In view of the current trend in the market, the total trade of sweets and snacks during this financial year is likely to cross all previous figures and touch an all-time high of Rs 1.25 lakh crore, as the online sale and home delivery of thes

Shopsy, which competes with players such Meesho, DealShare, BulBul, GlowRoad, Mall91, and simsim is on track to enable over 25 million online entrepreneurs by 2023.

The Indian real estate sector has seen a spike in demand during the festive period, a recent report by Knight Frank, India informed

Local shops on Amazon clocked a 2x spike and sold over 10 products every minute

Planning your expenses and comparing offers is a good way to start; use your plastic wisely and don't buy every claim the manufacturer tries to sell you

Country's biggest mortgage lender HDFC on Tuesday announced a festive offer in line with peers like SBI with home loans starting from 6.70 per cent.