Page 12 - Festive Season

Australia central bank keeps cash rate at 0.75% despite doubt over spending

The impact is likely to be felt in the retail sector, which over the past decade has seen a weakening during the traditional busy period over Christmas.

Commercial vehicle makers unlikely to see festive cheer in October sales

Weighed down by an economic slowdown and increase in axle load - 30% additional capacity - major CV companies are expected to report a decline of around 20% in sales volumes in October 2019

PM's Diwali gift to the economy

India should quickly implement these reforms to revive the lost export momentum and spur high, inclusive growth to create jobs.

Q4 revenue likely to take a hit over extended festive season: Amazon

For the fourth quarter ending in December 31, Amazon said it was expecting its net sales to be between $80 billion and $86.5 billion

Only minor Diwali revival for auto sector, expect no fireworks, say experts

At present, the auto industry is facing a severe demand slowdown on account of high GST rates, farm distress, stagnant wages and liquidity constraints

Read the fine print in the warranty when buying a gadget this Diwali

Warranties are cleverly worded, and many repairs and replacements will be at the company's discretion. If the warranty doesn't mention product replacement, it is subject to various conditions

Paytm Gold aiming for threefold growth in sales this festive season

According to the company, within two years of its launch, Paytm Gold has become India's largest platform for savings in digital gold

Demand for cash this festive season prevails over economic slowdown

The demand for currencies rose in the eastern India, where Durga Puja is a major festival

Sale of durable products yet to pick up beyond major urban conglomerates

While the end of the current festival season is less than a fortnight, most large-scale manufacturers are yet to register healthy growth in primary sales

Crucial Diwali for jewellers: Will consumers lift demand for the industry?

If this Diwali season fails, the jewellery industry is expected to face huge losses

Mercedes-Benz delivers over 200 cars in a day amid festive season sales

The models delivered included C and E class sedans as well as sports utility vehicles such as GLC and GLE, among others

New Amazon Prime sign-ups show users value convenience: Amit Agarwal

Agarwal says embracing technology and not complaining is the way forward.

Tech view: Time to be bullish on consumption stks ahead of festive season?

With festival season round-the-corner, companies are hoping for a pick-up in the overall consumption, which along with the cut in corporation tax, would aid earnings growth over the next few quarters

Festive season calls for tempting deals, here's how to avoid being tricked

E-commerce as well as physical retailers use tricks to make you spend more, or to make you purchase goods they want to sell

Paytm Mall vows big push this festive season for traditional retailers

During the festive season itself, the company says it is aiming at $300 million (Rs 2,100 crore) in GMV.

Delivery services remain bullish on festive season, eye 8% growth

Mumbai, 25 SeptemberAmid the economic slowdown where most sectors are not expecting strong growth this festive season, the express industry (a term for those offering integrated shipment delivery services) has a slightly different story to tell.Demand is not as high as last year but the those in the sector expect reasonable growth this season. "While we remain cautious and are still assessing the impact of slowdown, it will not be a downturn but lower growth than last year," said Abhishek Chakraborty, executive director at DTDC. "If average demand growth rate was 40-45 per cent last year, it would be 15-20 per cent this year. I will be positively surprised if it goes beyond 20 per cent demand growth."Chakraborty said the mood in middle and lower income groups was pensive, since job security in several sectors is low. "But, it does not take away the fact that people will spend during this season, as it is also more to do about the culture and religious aspect."Sector entities believe ..

Flipkart getting festive season ready by partnering 27,000 'kirana' stores

Flipkart started with a customised training programme to onboard these kirana partners

Fewer online offers likely to boost offline sales this festive season

Retailers believe they would be able to boost sales this festive season on the back of better services and differentiated products

Auto dealers unsure of a revival in consumer sentiment in festive season

A slump during the festive season would eliminate any chance of revival of the auto sector this financial year

Rupee fall, Kerala floods hit auto cos; sector loses 20% in m-cap since Aug

Floods in Kerala, for example will have most impact on Maruti and Eicher Motors as over a tenth of sales for each comes from this state