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New Delhi, October 23: Finance Minister Nirmala Sitharaman highlighted on Thursday that the unified payments interface (UPI) platform processed 754 million payments worth Rs 1.02 lakh crore on October 18, marking the highest single-day tally, as consumer demand surged due to the GST rate cuts. During the three-day period between Dhanteras and Diwali, the average UPI volumes stood at 736.9 million -- higher than 647.46 million in the corresponding period a month ago, the Finance Minister said. " ...Read More >
NEW DELHI: Finance Minister Nirmala Sitharaman highlighted on Thursday that the unified payments interface (UPI) platform processed 754 million payments worth Rs 1.02 lakh crore on October 18, marking the highest single-day tally, as consumer demand surged due to the GST rate cuts. During the three-day period between Dhanteras and Diwali, the average UPI volumes stood at 736.9 million -- higher than 647.46 million in the corresponding period a month ago, the Finance Minister said. "It has been ...Read More >
NEW DELHI, Oct 21: Buoyed by GST reforms and strong consumer demand, India saw Diwali sales reach Rs 5.40 lakh crore in goods and about Rs 65,000 crore in services across the country, industry figures showed on Tuesday, marking the highest-ever festival season turnover in the country's retail and trading history. This marks a 25 per cent increase over 2024 festive sales (Rs 4.25 lakh crore) from the Navratri to Diwali period, according to CAIT Research and Trade Development Society, the researc ...Read More >
New Delhi, Oct 1 (SocialNews.XYZ) Fashion and apparel brands accounted for nearly 60 per cent of retail leasing by direct-to-consumer (D2C) brands in the first half of this year (H1 2025), a report said on Wednesday. It was followed by the Homeware and Furnishings (12 per cent), Jewellery (12 per cent) and Health and Personal Care (6 per cent). Between 2020 and 2022, several digital-first brands witnessed considerable growth, mainly fuelled by a rise in online shopping during the COVID-19 pand ...Read More >
Mumbai: Demand for fashion and electronics saw a 15-20% jump in sales over the weekend after the government slashed GST rates on consumer goods, triggering a surge in spending particularly in northern and southern regions although heavy rains dampened turnout in parts of the east and west. The GST that took effect on Monday in categories including clothing, electronics, footwear, and groceries were aimed at reviving household spending. The timing also coincided with the onset of the festive sea ...Read More >
Mumbai: Demand for fashion and electronics saw a 15-20% jump in sales over the weekend after the government slashed GST rates on consumer goods, triggering a surge in spending particularly in northern and southern regions although heavy rains dampened turnout in parts of the east and west. The GST that took effect on Monday in categories including clothing, electronics, footwear, and groceries were aimed at reviving household spending. The timing also coincided with the onset of the festive sea ...Read More >
While the rise of e-commerce has led many to predict the decline of brick-and-mortar stores, the fashion scene in Mumbai tells a different story. The city has witnessed a surge in new store openings, transforming retail spaces into immersive brand experiences that offer more than just clothing -- they provide a window into the brand's ethos and identity. In line with this trend, designer Ranna Gill has expanded her presence in Mumbai. This is Ranna's fourth store in the city. Located in Bandra, ...Read More >
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