From vibrant silk saree to floor-length anarkali: Top ethnic fashion trends to turn heads this festive season
Get ready to make a statement this festive season with the latest ethnic fashion trends. Discover how to elevate your look and turn heads with style. | Fashion Trends Key Points
Hindustan TimesIf Diwali shopping drained your savings, it’s time to set up a festival fund
Expenses dont become a burden if they have been planned. A separate festival fund in which you put away a small amount every month will allow you to spend freely without borrowing or dipping into the savings for other critical goals. Key Points
Economic TimesConsumer goods orders swell as brands bet big on festive season
Most companies undertake their festive season stock planning in May-June and place orders so that production can commence in June. I feel in the forthcoming quarters...in a month or two, things are going to look up significantly, said Atul Lall, managing director of Dixon Technologies India, one of the largest electronic products contract manufacturers. Key Points
Economic TimesHow many steps should we walk during festive season to burn calories efficiently
Festive season can derail your weight loss journey. Walking can help you stay active and fit. Here's how many steps you must walk for burning calories. | Health Key Points
Hindustan TimesAll credit to festive season, digital lenders eye more business
The digital lending industry in India is expecting a quick rebound in business during the festive season. Fintech lenders are well-prepared to meet the heightened credit demand, with stronger and profitable balance sheets. Digital lending platforms anticipate an average increase of 15-20% in disbursals during the festive period. Key Points
Economic Times
Indians splurge big on festive season sales, buoying economy
Sales at online platforms like Amazon.com Inc., and Walmart Inc.-owned Flipkart was up by almost a fifth in the first week of the festive sales from a year ago. Digital transactions recorded by Unified Payments Interface surged about 40% in October from a year earlier. Key Points
Economic TimesStreaming sets eyes on connected television in festive times
Experts predict that the demand for family entertainment on streaming platforms will increase during the festive season, as more users choose to stay home. Connected TVs are expected to exceed 40 million daily active users by 2025. Key Points
mint5 lucrative sectors to bet on this Diwali season for profits
This often leads to increased buying and selling activities in the stock market. Notably, the Indian stock market has been relentlessly defying odds since last year and maintained a strong growth trajectory despite the ongoing global crisis. Key Points
Economic TimesPassenger vehicle sales set to cross 10 lakh mark in festive period this year
Domestic passenger vehicle sales are expected to cross 10 lakh mark in the festive period this year with demand remaining robust, especially for utility vehicles. The 68-day festive period this year falls between August 17 and November 14. Few days in between are not considered auspicious for buying. Key Points
Economic TimesHoteliers cash in on New Year festivities, no impact of COVID-19 resurgence
Domestic travel has also surged significantly, buoyed by ongoing weddings and festive engagements. The palpable enthusiasm within domestic travel is evident, showcasing a notable uptick, with hotels registering robust year-end occupancies, Federation of Hotel & Restaurant Associations of India (FHRAI) president-elect Pradeep Shetty said. Key Points
Economic Times
Smartphone shipments rise up to 8% during festive season
The season also saw a shift in fortunes for general trade, which boosted its market share to 35-40% from about 32% the year before, while online channels remained flat. That said, analysts continue to predict a 1-2% on-year annual decline in shipments in 2023 despite the notable surge in sales during the festive season. Key Points
Economic Timesfestive season demand fuels automobile retail sales to record high: FADA
Fueled by robust demand, India's automotive retail sales hit a record during the festive season, with overall sales surging 19% YoY. Passenger vehicle retail sales increased by 10%. Inventory levels for passenger vehicles remain a concern. Two-wheeler registrations rose 21% while three-wheeler registrations saw a 41% increase. Tractor sales experienced a slight decline. Key Points
Economic Timesfestive season brings cheer to merchants, ecommerce edges past offline traders
According to data from Unicommerce, which helps businesses sell online, order volumes for e-commerce grew about 37% during the festive season sale this year, compared to 2022. In terms of gross merchandise value (GMV), online retail registered a growth of 22%. Key Points
Economic TimesThe dark side of the festival of lights
This Diwali, you can protect yourself with a little awareness and vigilance. Here are some common types of cyberattacks and scams you may come across around this festive season and how to safeguard yourself. Key Points
Economic TimesIndia's Shoppers Stop posts 83% drop in Q2 profit on weak demand
India's Shoppers Stop (SHOP.NS) on Wednesday posted a 83.2% fall in second quarter profit as the department store was hit by rising expenses and weaker demand, with customers delaying purchases of clothes and cosmetics due to a late festive season. Key Points
Reuters
Hospitality sector on hiring spree as festive season nears
The hospitality sector in India is experiencing a shortage of staff and is now hiring additional talent for various roles in hotels and restaurants. The Tourism and Hospitality Skill Council is conducting a study to analyze the skill gap in the industry nationwide. Key Points
Economic TimesThis Diwali, quick commerce comes bearing gifts; platforms partner FMCG brands for special packs, offers,
Quick commerce companies are collaborating with FMCG brands like Parle, Mondelez, and ITC for the festive season. They are aiming to boost inventory levels by 60% and offer special packs and promotions on chocolates, sweets, dry fruits, and cookies. The platforms are also partnering with consumer electronics companies for kitchen appliances and personal care products. Key Points
Economic TimesBig bullion sale: Gold shines amid festive fireworks
Demand for gold in the country increased about 7.7% by volume to an estimated 42 tonnes and 10% by value to ₹22,000 crore, according to the India Bullion and Jewellers Association (IBJA). Gold prices fell about ₹1,500 per 10 gm in two days to ₹60,400 per gm on Friday, helping drive sales. Key Points
Economic TimesTailwinds of festive season and cricket world cup: 5 QSR stocks with upside potential of up to 27%
Junk food is bad for health, but having it once in a while is ok. Similarly, having some exposure to the companies which are selling them also may not be bad for one's portfolio, From having only two listed companies, Jubilant and Westlife, the OSR space saw many other players getting listed on the bourse in the last three years. After initial euphoria in which they got very high valuation, these stocks have not been in the limelight for some time. Partially because of valuations being high, but also because of the fact the churn in the shareholding which is held by private equity players is still in process of taking place. Will these stocks make a comeback in this festive season? Key Points
Economic Timesfestive wave may lift India's industrial growth in coming months
Industrial growth hit a three-month high of 5.7% in July from 3.8% in June. You can't get a better time for manufacturing than now; festival season is followed by elections, with rabi and marriage season, said Madan Sabnavis, chief economist at Bank of Baroda. Key Points
Economic Times
Has agri commodity price inflation been adjusted by the Street? 3 QSR stocks with upside potential of up t
It was the removal of tomato from burgers in some restaurants by McDonald's which brought back focus on inflation in some agricultural products and their impact on QSR space. While some of the agri commodities are still high, will the festive season demand give the power to these companies to pass it on to consumers will be the key to watch. Key Points
Economic Timesfestive Boost: Companies may hire record number of temporary workers this year
A record 600,000-700,000 temp jobs are likely to be created in the upcoming festive months between August-end and December, according to exclusive data shared with ET by staffing company ManpowerGroup India. This is an increase of around 20% from last years festive period. Key Points
Economic TimesBest ethnic footwear for women: Top 10 stylish and traditional picks for any occasion on Myntra
Ethnic footwear for women combines style with tradition, offering the perfect balance for any occasion. Discover the best traditional footwear. | Fashion Trends Key Points
Hindustan TimesAmazon Electronics festive Sale: Get up to 75% off on the best laptops, headphones, tablets, and more
During the Amazon Electronics festive Sale, enjoy up to 75% off on top laptops, tablets, smartwatches, and more. It's the perfect opportunity to upgrade your tech essentials with unbeatable discounts on premium gadgets. Don’t miss out on these deals! Key Points
mintIndia's Bajaj, Mahindra post strong jump in Nov auto sales on festive demand
Indian motorcycle maker Bajaj Auto (BAJA.NS) and carmaker Mahindra and Mahindra (MAHM.NS) on Friday reported strong volume growth in November, helped by festive season-led demand. Key Points
Reuters
All 15 Nifty Auto stocks above 200-DMA. Will Q2 results, festive demand give a fillip?
Auto sector has witnessed a healthy retail uptick during Onam and Ganesh Chaturthi, it is expected that retail sales during the upcoming festive season (Diwali, Dusherra) will be strong compared to the previous year. With 27% returns in 6 months, the Nifty Auto index is among the best sectoral performers and is led by strong upside in Tata Motors, Maruti Suzuki, M&M and Hero MotoCorp. Key Points
Economic Timesfestive season lights up consumer durables sector
The preference for premium products continued, with more demand for, say, double-door refrigerators than single-door ones. Washing machines, TVs and fans also saw higher demand at the top end. Key Points
mintMotown sees record 1.3 lakh crore festive revenue
India Business News: The Indian car industry experienced a surge in sales revenue during the festive period, reaching Rs 1.3 lakh crore. A total of 11.4 lakh vehicles were Key Points
Times Of IndiaA lot more tax money will fill India's coffers soon
After the Goods and Services tax collections for September showed a yearly jump of 6.5 per cent, the experts in this domain have expressed optimism for the collections in the upcoming months, citing the continued festive season and the government's focus to ensure a stable revenue trajectory. Key Points
Economic TimesGig workers’ earnings surged 48% during festive season: PickMyWork
Founded in 2019, PickMyWork operates on a pay-per-task model. The platform sources, trains, and manages agents, who act as intermediaries between the companys internet products and potential customers. Key Points
Economic Times
Don’t see discount levels for smaller cars going up from the levels now: Shashank Srivastava, Maruti Suzuk
Shashank Srivastava of Maruti Suzuki India predicts that over one million vehicles will be sold during the festive season, accounting for around 23-26% of the annual sales. While the inventory level is high, Srivastava believes it will decrease after the festive season. He also mentions potential challenges such as inflation and higher interest rates that could affect sales in 2024. Key Points
Economic TimesVehicle registrations hit a festive record
Retail sales, indicated by vehicle registrations, surged by nearly 19% to a record 3.8 million units during the festive season, reflecting strong consumer demand. Federation of Automobile Dealers Association (FADA) data reveals 3,793,584 vehicles registered between Navratri and Bhai Dooj, a 19% increase from the 2022 period. Sales growth was 21% in two-wheelers, 41% in three-wheelers, 8% in commercial vehicles and 10% in passenger vehicles. Key Points
Economic Times‘Vocal for local’ gives the festival of lights a new sparkle
Ecommerce majors Flipkart and Amazon both gave prominence to small and medium entrepreneurs and artisans prominence during their festive sales. For its flagship 'Big Billion Days' sale, Walmart-owned Flipkart included over 1.4 million sellers, including Flipkart Samarth sellers like artisans, weavers, women, and self-help groups (SHGs). Key Points
Economic TimesC&W cos to lead durables sector
So far in October, copper price is down by 6% versus Q2. Nonetheless, the robust volume performance on the back of solid demand would continue to aid earnings in the second half of FY24. Key Points
mint5 midcap stocks whose fortunes are tied to festive season sales can rise up to 36%
Right from a jewellery retailer, logistics player, automobile, to consumer electronics player, the bottomline of every company has a relationship with the festive season in India. The only difference is that some companies are more dependent on it, some to a lesser extent. We take a look at midcap stocks from the consumer electricals and electronic space, especially companies which have got into space which can be called as mini white goods as they have strong relationship with festive season sales. Key Points
Economic Times
Consumer spending on cars, smartphones, TVs and other big-ticket items lights up festive sales in first le
The first phase accounts for 40-50% of total festive sales. The second phase begins a week before Diwali, which is on November 12 this year. This surge reflects a revival in consumer sentiment, which has been subdued for over a year. Key Points
Economic TimesCar companies gear up to celebrate festive season with a bang
Carmakers are expecting a record-breaking festive season in India due to supply chain strategies and the launch of more than a dozen new models. The latest period begins with Onam and Raksha Bandhan and finishes with Diwali and Bhai Dooj. The industry is expecting to see a million units delivered to customers, making it the highest in the three-month period. Hyundai has seen a boost in confidence due to strong Onam bookings of its micro SUV Exter. Key Points
Economic Timesfestive time lifts credit card spends to a record
Total spending via credit cards jumped 38.3% year-on-year and 25.4% month-on-month in October Key Points
mintKalyan Jewellers India's Q2 profit rises on strong domestic demand
Kalyan Jewellers India (KALN.NS) reported a 27.1% rise in its second-quarter profit on Tuesday, helped by rising domestic demand for its ready-to-wear jewellery line and increased traffic at stores ahead of the festive season. Key Points
ReutersIndia's Bajaj Electricals posts plunge in Q2 profit on weak demand, stiff competition
India's Bajaj Electricals (BJEL.NS) posted a 56% fall in its second-quarter profit on Monday, hurt by pricing pressures due to stiff competition and muted demand caused by a delayed festive period. Key Points
Reuters/cloudfront-us-east-2.images.arcpublishing.com/reuters/PXI6JKC2GFJPDI3MIRA632DX3U.jpg)
India's Nykaa posts slowest revenue growth since listing amid stiff competition
FSN E-Commerce Ventures (FSNE.NS), parent of cosmetics-to-fashion retailer Nykaa, on Monday reported its slowest quarterly revenue growth since listing, hurt by stiff competition in its mainstay beauty and personal care (BPC) segment. Key Points
ReutersNifty Auto index stocks: EV transformation to decide the winner
If one has to go by recent indications from management of different auto companies, the mood in the industry is positive about the forthcoming festive season. For the auto industry, headwinds like rising input cost, stagnant demand are becoming things of the past for the majority of them. Now if the festive season goes well, then auto stocks might see another push. Though if the metal prices start to rise some companies might face minor issues with their margins. So while being bullish, being watchful. Key Points
Economic TimesTop budget-friendly tech gifts for Diwali and Bhai Dooj 2024: Headphones, smartwatch and more
With Diwali and Bhai Dooj approaching, explore budget-friendly tech gifts from Amazon. Options include the Noise Pulse 2 Max smartwatch, Cosmic Byte ARES controller, OnePlus Nord Buds 2r, boAt Stone 620 speaker, and JBL Tune 510BT headphones, all priced affordably for the festive season. Key Points
mintThese states have declared a holiday for the Ayodhya Ram Mandir celebration on January 22!
States nationwide embrace festive fervor as Ayodhya Ram Mandir inauguration nears, prompting holidays for citizens. Uttar Pradesh leads the way with a joyous day off on January 22, echoing Diwali celebrations. Goa, Madhya Pradesh, Chhattisgarh, and Haryana follow suit, adding their unique touch to the nationwide jubilation. The 'Pran Pratishtha' event promises a historic spectacle, drawing dignitaries, sages, and saints from across India. Security measures in Ayodhya are heightened as the country eagerly anticipates this significant cultural and religious milestone. Key Points
Economic TimesNutritionist shares tips to keep yourself healthy in winter
As winter sets in, the temptation to have festive treats and comfort foods can be irresistible. Nutritionist shares recommendations on how to stay healthy during the winter season. Key Points
India Today
Flipkart Big Diwali Sale 2023: Get iPhone 14 under ₹40,000; here's how the deal works
During this festive season, Flipkart has reduced the cost of the Apple iPhone 14 by 17 percent, allowing you to purchase it for just Rs. 57,999. There are also additional exchange and bank promotions available. Key Points
mintPreity Zinta to Huma Qureshi, who wore what at Baba Siddique’s Iftar party
Baba Siddique’s Iftar party was a star-studded affair as the A-listers from the film industry dropped by to celebrate together. Here's what they wore. | Fashion Trends Key Points
Hindustan TimesHero gets a lift from cool bikes, festive spirits
Hero MotoCorp reported a 51% y-o-y increase in net profit in Q3 and a 21% increase in revenue. The company retailed 1.4 million units during the festive period, its highest ever. It plans to increase production of high-capacity motorcycles and expand its distribution network. Key Points
mintMaruti Suzuki, Tata Motors, M&M in focus on strong sales momentum, price hikes
Stock Market Today- Passenger Vehicles retails are expected to grow 6-8% YoY during the month of November largely driven by the festive season demand, as per analysts. The price hikes being taken by manufacturers from January are positive for margins and will be utilized for pushing December sales. Key Points
mintAs Diwali fails to light up travel, airlines drop fares
Data from the civil aviation ministry shows average occupancy of airlines has stayed below 85%, against airlines' expectation of 90% load in the peak season, while industry executives said there has been a 10-15% drop in yield compared to last year's festive season. The drop is even sharper compared to the 2019 festive season, the last normal year before Covid-19, said industry executives. Key Points
Economic Times
ITV 'This Morning' presenters Rochelle Humes and Craig Doyle share huge show update
‘This Morning studio undergoes a magical Christmas transformation, unveiled by hosts Rochelle Humes and Craig Doyle. festive decor, recycled materials, and a whimsical Father Christmas centerpiece set a joyous tone, delighting viewers. Key Points
Economic Times