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Friday, April 3, 2026
TopicFestive season

Topic: Festive season

GST cut fuelled Rs 6 trillion festival shopping boom in India

Items like jewellery, electronics, apparels, furnishing, and sweets were most in demand, the Confederation of All India Traders said in a statement.

There’s a festive cheer in Indian economy, let’s hope today’s energy & optimism is sustained

Is finance minister’s optimism about sustained rapid growth warranted? Govt programmes should be expected to generate some momentum, but macro-economic numbers aren’t encouraging.

It’s not such a happy Dussehra or Diwali this year as tomato, onion, potato prices surge 100%

Traders say the spurt in prices is the result of several factors, including surging fuel prices, crop damage in heavy rains, as well as festive demand.

Indians are opting for ‘buy now, pay later’ schemes for festive season shopping

Rising vaccination rates & declining Covid cases are fueling optimism that people are more willing to spend this year. Consumers are now turning to installment plans from retailers.

60% Indians ready to spend this festive season, up from 30% at Covid 2nd wave peak: Survey

Survey by LocalCircles says the rise indicates the 'economic uncertainty that was prevailing in May at the peak of second Covid-19 wave has greatly reduced'.

71% Indians consciously did not buy Chinese products this festive season, survey finds

According to a survey by LocalCircles, only 29 per cent respondents bought Chinese products this year, which is a 19% decline compared to the purchases made last year.

No crowds, no pandal-hopping, no adda — Kolkata gets ready for unusual Durga Puja

The Calcutta High Court Monday directed the state government to declare all pandals 'no-entry zones', calling for the erection of barricades around them.

Traders pin hope on festive season sales, focus on cars, home appliances, low-value gold

Production and inventory levels are up. However, traders expect this season to see change in purchase patterns amid the pandemic and missing Chinese goods.

Festive season warning — 4 states saw massive Covid surge after Ganesh Chaturthi, Onam

SBI research report says Andhra Pradesh, Maharashtra, Telangana and Kerala reported 50-60% of all their Covid cases after these festivals in August.

With Pujo looming, Kolkata’s housing complexes are Covid time bombs

Covid management is near collapse in most residential societies. With Mamata Banerjee govt washing its hands off, things can only get worse in the festive season.

On Camera

Pam Bondi’s firing is good news. Now, US Senate must stand up for DOJ

Bondi’s missteps hastened her exit, but her departure offers a reset. The Senate must not rubber-stamp Trump’s pick and should demand an attorney general committed to DOJ independence.

SEBI proposes return of open market share buybacks to support stocks

Regulator seeks feedback on allowing firms to repurchase shares via exchanges after tax changes, as markets reel from war-led selloff and foreign outflows.

India commissions its third nuclear-powered ballistic missile submarine—INS Aridhaman

INS Arihant was first vessel under SSBN project and was quietly commissioned in 2016. The second indigenous SSBN, INS Arighat, was commissioned in August 2024.

Gulf war exposed India’s fragilities. It’s time for navel-gazing, in the national interest

It’s easy to understand why the government can’t speak the hard truth. When this war ends, as all wars do, India’s interests will lie with both the winner and the loser.