Page 6 - Festive Season

Credit growth gets festival boost in Sept led by retail, industry, agri

Growth in credit to the services sector decelerated to 0.8 per cent in September 2021 from 9.2 per cent in September 2020

Indian consumers seek to spend 25% of monthly salary on festive sales

Smartphones, consumer electronics and home appliances are on top of the shopping lists of consumers this festive season

Luxury shopping gets a festive lift after a lacklustre year-and-a-half

Going with the mood, Delhi's luxury hotels, too, are pulling out all the stops when it comes to food and hampers

2-3x spike in vendor numbers across Indian markets ahead of Diwali: Study

The report by logistics platform also reveals 213% uptick in first-time sellers in tier-3, while tier-2 and tier-1 cities saw a growth of 138% and 175%, respectively

Onion, edible oil prices to cool down during festival season: Centre

The Centre estimates onion production in the kharif season to be around 4.38 million tonnes

Delhi govt asks HoDs to ensure contractual employees get festive bonus

The Delhi government has asked the heads of all departments under it to ensure contractual or outsourced workers are paid bonus by their contractors during the ongoing festive season, officials said

Ahead of Diwali, domestic airfares soar 30%-45% on high-frequency routes

Increased occupancy coupled with upward revision in fare bands by the government has translated into higher fares during the festive season

Axis Bank to waive 12 EMIs on select home loans under festive offer

Private sector lender Axis Bank on Tuesday announced waiver of 12 EMIs on select home loan products, and discounts on various online purchases as part of its festival offer. Axis Bank is offering waivers of 12 EMIs on select home loan products and providing on-road finance without any processing fee for two-wheeler customers, it said in a release. For business owners, it will offer several benefits on term loans, equipment loan and commercial vehicle finance. Announcing the launch of 'Dil se Open Celebrations : kyunki Diwali roz roz nahi aati', the bank said it will offer deals and discounts on shopping in restaurants and other retail loan products on purchases made through Axis Bank debit and credit cards. Customers will be offered up to 20 per cent discount on purchases from select 2,500 local merchants across 50 cities. The bank customers will get discounts up to 20 percent on shopping from these stores. "This festive season we have partnered with esteemed brands and also the l

Gold ETFs attract Rs 446-cr in Sep; inflow may continue in coming months

With this, gold ETF category has received a net inflow of Rs 3,515 crore so far. The segment witnessed just one month of net outflows, which was in July.

Tips to curb revenge spending and avoid a debt trap this festive season

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

Trade deficit at all-time high of $23 bn in Sept on festive season imports

Export growth halves to 23%, imports soar by 85%; repercussions likely on current account balance which is set to hit a deficit in Q2 against surplus in first quarter of current fiscal

Social commerce firm Meesho sees 750% growth in users during festive sale

Nearly 60 per cent of the total demand was driven by tier-4+ markets, including remote locations.

India's aviation sector on the verge of a turnaround?

Indian airlines' passenger traffic is rising steadily. And, in time for the festival season, airlines in India are allowed to operate at 100% capacity. What else is in favour of the sector?

House hunting? Tips on cashing in on festive offers being made by builders

Just make sure you get your math right while striking a deal for a house this Diwali. Often times, the cost of the offer is built into the price of the property

Covid LIVE: Kerala sees below 10,000 new cases after 4 days

Coronavirus live updates: Indians asked to watch their 'October, November, December' and put on facemasks on trains.

Indian job market up 57% annually in Sept ahead of festive season: Naukri

The Indian job market maintained its record-breaking run for the third consecutive month in a row, clocking 57 per cent year-on-year growth in September

Thanks to PM Modi, festive spirit has faded, says Rahul over price rise

Congress leader Rahul Gandhi took a jibe at Prime Minister Narendra Modi on Friday, saying thanks to him the "festive spirit has faded" due to sustained inflation. In a tweet, Gandhi quoted a news report that price rise has hit the common people hard with petrol becoming dearer by Rs 2.35 and diesel by Rs 3 in 11 days. "The prices of petrol, diesel and food items and LPG are continuing to rise. Thanks to Modi Ji, the festive spirit has faded," he said in a tweet in Hindi with the hashtag "price hike". Rahul Gandhi and his Congress party has been attacking Prime Minister Narendra Modi over the rise in prices of petrol, diesel and LPG and of essential food items.

HDFC Bank launches Festive Treats 3.0 with over 10,000 offers

The private sector lender has partnered with over 10,000 merchants across more than 100 locations

Coal supply debate heats up ahead of festival season power demand

Since September 1, the number of power plants with less than eight days of coal has increased to 104, from 79

Clothing & accessories to home appliances, a digital festive season's here

An on-device survey of 2,500 Indian mobile users over Inmobi Pulse