Holiday sales rose this as American spending remained resilient during the critical shopping season despite surging prices on everything from food to rent, according to one measure. Holiday sales rose 7.6, a slower pace than the 8.5% increase from a year earlier when shoppers began spending the money they had saved during the early part of the pandemic, according to Mastercard SpendingPulse, which tracks all kinds of payments including cash and debit cards. Mastercard SpendingPulse had expected a 7.1% increase. The data released Monday excludes the automotive industry and is not adjusted for inflation, which has eased somewhat but remains painfully high. U.S. sales between Nov. 1 and Dec. 24, a period that is critical for retailers, were fuelled by spending at restaurants and on clothing. By category, clothing rose 4.4%, while jewellery and electronics dipped roughly 5%. Online sales jumped 10.6% from a year ago and in-person spending rose 6.8%. Department stores registered a mod
While it's packing plenty of snow and frigid temperatures, the storm is mostly noteworthy for its size and speed
Haryana Chief Minister Manohar Lal Khattar has declared Lord Parshuram Jayanti as a gazetted holiday in the state. Khattar made the announcement on Sunday while speaking at the 'Lord Parshuram Mahakumbh', a state-level event held in Karnal to commemorate the sixth incarnation of Lord Vishnu. Parshuram Jayanti is celebrated on 'Akshaya Tritiya' every year. According to the Hindu calendar, the Lord Parshuram's birthday falls on the 'tritiya' (third day) of 'shukla paksha' in the month of 'Vaisakh', which occurs in April or May. On this occasion, the chief minister made several other announcements, including naming the Kaithal medical college after Lord Parshuram, said an official statement here. Khattar also announced to constitute a Purohit Welfare Board in the state so that the temple priests can get a fixed minimum wage. For this, the minimum wage rate will be fixed according to the skilled workforce of priests, he said. The chief minister also said that the issue of Pehrawar lan
India's currency, debt and equity markets will be closed on Nov 8 for a domestic holiday
Banks and schools might be closed for the first three days of September. Why bank holidays are called bank holidays? Read this detailed article to know the number of holidays in the month of September
Indians appreciate vacations with loved ones more now as compared to pre-pandemic days and one-third of them have already made travel plans to celebrate Valentine's Day together, according to a global consumer survey by hospitality technology platform OYO. Nearly 62 per cent of Indian respondents were looking to treat their loved ones to a quick getaway to a nearby destination, as per OYO's global Valentine's Day consumer index 'Let Love In With Travel 2022'. Stating that travel plays a huge part in bonding with loved ones, the OYO survey said the world took this for granted until the pandemic pulled the brakes on travel plans. "Two out of three respondents said they appreciate vacations with loved ones more today than pre-pandemic days. Indian respondents don't take their holidays for granted anymore," it added. The survey was conducted in February and covered around 2,000 respondents across India, the UK, the USA, Indonesia and Germany. When it comes to Valentine's Day destinati
Police said the accused duped over 55 people in different states
No amount blocked on advance booking but such borrowing is reckless
Except in Chennai, Aizawl, Gangtok, Imphal, and Shillong, the banks will remain open across all other major cities of India on 1 January 2021
In a family of working professionals, reconciling holiday schedule is the difficult part of vacation
People look to cash in on the long weekend on the back of independence day; some look to stretch it till the next week till Rakhsha Bandhan