Page 8 - Festive Season

Transport costs up 12% due to farmers stir: Ficci's MSME confederation

It pegged the daily loss to the businesses at about Rs 3,000 crore, which would mount if the situation is not addressed

India Coronavirus Dispatch: Poll booths, wedding halls part of vaccine plan

Factors that will increase pressure to ration healthcare, signs of green shoots in consumer spending, lowest single-day death toll so far-news relevant to India's fight against Covid-19

Passenger vehicle retail sales rise 4% in Nov aided by festive demand: FADA

Automobile dealers' body FADA said passenger vehicle retail sales in November witnessed a year-on-year increase of 4.17% to 291,001 units as Diwali-Dhanteras led to rise in vehicle registrations

E-commerce order volume grew 56%, GMV by 50% this festive season: Report

The Tier II and beyond cities have witnessed a growth of about 99 per cent as compared to last year's festive season, says a new report by Unicommerce

Diwali props up two-wheeler sales in November, top-six firms post 16% spike

Third straight month of growth since factories and dealerships re-opened after lockdown; with festivities drying up, sales are likely to cool off

After festive season, price hikes: Everyday items may get out of reach

Commodity inflation to hurt consumers and businesses. Property developers may hold price lines, but others may not

Businesses remain unaffected despite weekend curfew in Ahmedabad

Gujarat govt imposed curfew from Friday 9 pm till Monday 6 am in Ahmedabad

Retail, recreation visits show spike in key states during Diwali week

Key states including Uttar Pradesh, West Bengal, Maharashtra, Gujarat and Bihar saw between a 4-8 percentage point return to normalcy amid the festival season

Titan gains 4%, nears 52-wk high on healthy business in the festive season

The jewellery business witnessed around 15 per cent growth for the 30-day festive season starting from Dussehra till Diwali over the corresponding period last year.

Advertising sees a lull after IPL with no big spends likely in Nov and Dec

Properties like KBC, Indian Idol and Big Boss may not bring in the large numbers, next wave only around March-April, when the 2021 edition of IPL kicks in

Domestic air traffic up 34% month-on-month on festive season demand

AirAsia India saw an increase in market share and reported the best on- time performance (OTP) among all airlines in October

Despite Covid, Hero MotoCorp sells 1.4 mn two-wheelers in festive season

The festive season witnessed strong customer preference for Destini and Pleasure scooters, resulting in high double-digit growth for the two models

Weekly economic indicators: Power generation, traffic congestion dip

Other indicators too declined in the festive season from their gains in earlier weeks

Eveready Q2 net rises 216% to Rs 58.02 cr on higher demand, lower costs

Eveready's Managing Director, Amritanshu Khaitan said this was the highest ever quarterly profit without any other income. EBITDA margin at more than 20 per cent was also the best

Ola sees full recovery in cities, says demand to continue after festivals

The SoftBank-backed ride-hailing firm had seen a massive slump during the lockdown but is now seeing close to 100 per cent recovery in key cities

Ensure compliance of Covid-19 norms during festival season: CM Adityanath

Adityanath also asked for starting the work of reviving ponds through MNREGS

Gold rises Rs 241, silver gains Rs 161 on festival buying: HDFC Securities

Silver also gained Rs 161 to Rs 62,542 per kg, compared with Rs 62,381 per kg on Thursday

Dhanteras shopping kicks off; high prices of gold, silver may dent sales

The pandemic and the subsequent rise in gold prices have reinforced customers' trust in gold as an asset class

New issuers advance listing plans, look to cash on market resurgence

Half a dozen IPOs could be launched in 4-6 weeks to raise up to Rs 10,000 cr

Non-life insurers report marginal decline in October premium collections

This, despite good growth in premiums by standalone health insurers, aided by rise in demand for health plans in the country