Monday, 3 October, 2022
TopicFestive season

Topic: Festive season

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

YourTurn

Illustration by Prajna Ghosh | ThePrint

Over 38% inmates in Indian jails are OBCs, 10% increase in a decade, study finds

Religious minorities, specifically Muslims and Sikhs, have been overrepresented among prison inmates for years now, but there have been some shifts in the last decade, NCRB data shows.
A man counts Indian currency notes inside a shop in Mumbai, India | Reuters/Francis Mascarenhas

RBI tells state refiners to reduce dollar buying in spot market, contain sharp fall in rupee

RBI has ensured that $9 billion has been made available at overseas branches of some Indian banks for the country's three state-run refiners to tap, according to sources.

Defence

Naval Group & IIT Goa signing agreement to extend partnership on 28 September | Twitter @navalgroup

France’s Naval Group, IIT Goa extend R&D deal for underwater surveillance, submarine imaging

Agreement will act as catalyst for improving analysis of data collected by underwater sensors through application of neural systems & AI.

India’s hijab supporters will lose even if they win SC battle. Because the real war is political

In a highly polarised time, cornered minorities tend to lean back and protect the roots and fundamentals of what is so dear to them. Politically, it can often be a bad trap.
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