Festival Spending

Remarketing adoption in India jumps 50% during festival season: Study

Remarketing is a paid marketing tactic that allows users to serve ads to individuals who have previously visited a website or engaged with his (the user's) content on a social platform

Xi's fraying ties with West make China+1 real theme in India festive season

India as a risk-mitigation tactic - a hedge against manufacturing all widgets in China - is a story that's gathering investor interest and helping to justify lofty valuations

India's top multiplex chains bank on festive season to bring cheer back

A slate of flop Bollywood movies have hit India's top cinemas hard, leaving the industry to bank heavily on the current festive quarter to revive its fortunes

Economy lightens up on festive season demand as shoppers back in force

Online marketplaces Amazon.com Inc., and Walmart Inc.-owned Flipkart saw sales jump 27% from a year ago to $5.7 billion during the festival season's first sale between Sept. 22-30

India festival spending booms despite inflation worries, global slowdown

Online and offline sales during the Hindu festival period starting in the last week of September and lasting until early November are estimated to cross $27 billion

Has festival cheer brought India's consumption story back on track?

The festive season is here. So, what do the sales data and other indicators of the season suggest about consumption, which has suffered due to persistently high inflation? Let's find out

Liquidity slips into deficit on high credit growth, festival loan demand

Banks face pressure to raise deposits; weighted average call rate highest in 3 years

Consumer spending in India expected to be high this festival season: Report

Coming out of the pandemic, consumers in India have expressed a strong desire to buy more discretionary products during the festive season, according to Deloitte's Global State of Consumer Tracker. Deloitte's latest analysis indicates that consumers are willing to increase spend on both travel and hotel stays. They also intend to buy either a new or used vehicle within the next six months. "Despite concerns over inflation, the planned spending over the next four weeks will see spike across age groups in all categories," Deloitte said in a press statement. Consumers' intent to purchase clothing, electronic and home furnishing, and recreation, entertainment and leisure, indicates a positive spending pattern triggered by the upcoming festive season. "The survey findings clearly indicate that consumers plan to increase their discretionary spend by 30 per cent (on items such as recreation and entertainment, restaurants, and leisure travel) in August 2022, compared with April 2022," it .

Botched deliveries take toll on Amazon and Flipkart festival sales

The exact number of orders gone wrong is a number that will not be disclosed by the companies

Top Headlines: PSBs to hire on monthly basis, Sebi goes to SC, and more

The Securities and Exchange Board of India (SEBI) has moved the Supreme Court against New Delhi Television (NDTV), the media company said

What explains the bumper retail sales this festival season?

Nip is in the air and festival season is drawing close. And it is raining offers. Both online and offline sellers are offering heavy discounts in hope of making up for the loss of previous years

Robust demand for luxury products exposes widening inequality in India

Consumer-goods makers are reporting robust demand for items priced nearly $2,000 in a nation where per-capita income is just a tad above that level

1 in 3 families may splurge over Rs 10,000 this festival season: Survey

LocalCircles report said CMIE had reported that the consumer sentiments decreased in August after rising in July

Footfalls in stores may rise by 20% this festival season: Local Circles

An increase of 20 per cent in consumers likely to be seen in stores/markets this festival season as compared to last year

Amazon, Flipkart HQs get battle-ready: Draw up sales strategy in war rooms

E-commerce firms are also bringing in various technology interventions that will help them handle the scale of business this season and enhance customer experience

Airtel, Jio to spend about Rs 400 crore on ads during festive season

Bharti Airtel and Reliance Jio together are likely to spend the bulk of around Rs 350-400 crore in festive season advertising

Ganesh Chaturthi 2022: Wishes, top 20 quotes, messages and greetings

Ganesh Chaturthi starts on the fourth day of the Bhadrapada month of the Hindu calendar and is a 10-day festival. Read this article and share the quotes, messages, and greetings

Finance Ministry to review credit flow in meeting with PSBs today

The department will also take stock of the banks' asset quality, and focus on large bad loans, implementation of the Centre's various schemes, and the lenders' plan to raise capital

India's gold demand could jump in Q4 on festivals, pent-up purchases: WGC

Demand for the precious metal usually spikes towards the end of the year in India, as buying gold for weddings and major festivals such as Diwali and Dussehra is considered auspicious.

Consumers show intent to up spending in festive season, says report

Indian consumers have shown an intent to increase discretionary spends in anticipation of the upcoming festive season