Diwali Business

iPhones, gold, silver coins drive BigBasket's record 500% Diwali sales rise

While the sales of electronics, including iPhones, surged 500 per cent, gold and silver coins reported a staggering 1000 per cent rise compared to last year

2.6 million 'diyas' illuminate Saryu banks in Ayodhya on the eve of Diwali

Ayodhya Deepotsav 2025: The UP government also made a new record of 2,128 devotees performing an 'arti' simultaneously on the Saryu banks

Diwali through the ages: From harvest roots to LED-lit celebrations

Once marked by the simple lighting of diyas and modest home decorations, Diwali today is synonymous with affluence and high consumer demand

The spending season: What Diwali reveals about India's consumer mood

As the country prepares for the Diwali festival, credit card swipes, UPI transfers and gold sales from previous years reveal how people feel about their wallets and their future

Glitter to gloom on the brass lanes as export orders dry up ahead of Diwali

Strap: In the aftermath of the US tariff, a ground report from Moradabad brings out the new realities of Peetal Nagri

Inflation fails to dim Diwali spirit as brands curate affordable hampers

Consumers have been indulging in festive snacking and gifting for Diwali, encouraged by companies offering affordable gift packs and food hampers despite inflation concerns

Fireworks ban: Sellers refuse to let their business bomb this Diwali

Several states have imposed formal restrictions ranging from limiting hours to manufacturing, storage, sale, and use

Is the stock market open on Diwali 2024? Here's all you need to know

This is an ideal opportunity for all the seasoned investors to add new stocks to their portfolios or boost their investments in stocks they already own

Dhanteras 2023: Jharkhand traders hopeful as post Covid-19 demand soars

Markets in Jharkhand are all geared up for brisk business on the occasion of Dhanteras on Friday, an official of the state chamber of commerce said. People prefer to buy things on the occasion of Dhanteras. Automobile, electronics, home appliances and bullion markets are expected to do brisk business this year, he said. Vice President of the Federation of Jharkhand Chamber of Commerce and Industries (FJCCI) Aditya Malhotra told PTI, "Market has settled down now after the turbulence triggered by Covid pandemic two years back. Purchasing capacity of people has also increased. Overall, we can say the market is in a better mood this year." Malhotra said, "Even though it would not be appropriate to give figures, we are hoping that the overall market would go up by 25 per cent compared to the previous Dhanteras." The automobile sector is likely to do brisk business with a surge in demand for both two-wheelers and four-wheelers. "The demand for SUVs is high. Besides, there is a huge sur

This Diwali, PM urges people to buy local products, post selfie on NaMo App

Prime Minister Narendra Modi on Wednesday urged people, this Diwali, to buy products which have been made locally and then post a selfie with the product or its maker on the NaMo App. In a post on X, Modi said, "This Diwali, let us celebrate India's entrepreneurial and creative spirit with #VocalForLocal threads on NaMo app. https://narendramodi.in/vocal4local" "Buy products which have been made locally and then post a selfie with the product or the maker on the NaMo App. Invite your friends and family to join your thread and spread the spirit of positivity," Modi said. "Let us use the power of digital media to support local talent, encourage the creativity of fellow Indians and keep our traditions thriving," he said. In his remarks during October's 'Mann Ki Baat', Modi had reiterated his strong pitch for being 'vocal for local' "Like every time, this time too, during festivals, our priority should be 'Vocal for Local'," he had said. "I want to reiterate my request that wherever

Gifting in focus, luxury brands woo buyers with new product launches

Global luxury brands are increasingly seeing India as a luxury destination. This year too, many including Cartier and Jimmy Choo, have launched India-specific collections for the festival season

High festive demand pushes up demand for gig and temp workers: Report

Over 400,000 gig and temporary workers were reportedly hired to meet the high demand during this year's festive season

Diwali orders for Sivakasi firecracker units not enough to lift spirits

Prohibition on use of chemical adds to pain of ban on firecrackers; industry appeals to Supreme Court for relief

UK FTA deadline depends on talks: Commerce secretary Sunil Barthwal

Deadline for agreement will depend on talks, he says as Diwali timeline goes by

E-commerce sector expected to create 500,000 jobs by Diwali: Report

The demand for gig workers is, however, not restricted to tier-1 locations. Tier 2 and tier 3 cities have seen an increase of 40 per cent, with a higher demand for delivery workers

Hotels, tour operators shed Covid baggage as Diwali promises to sparkle

Group tours at 65-70% of pre-pandemic levels; Southeast Asia, Egypt, and Turkey seeing maximum demand

India Inc hands out an austerity parcel to employees this festive season

With contactless exchanges becoming the new normal, companies are preferring e-gifting options.

Set for muted opening after 7-month closure, theatres eye Diwali fireworks

Conversations with distributors and film exhibitors reveal discounts on ticket prices are being planned to attract audience

Gave car keys to 600 customers across markets on Dhanteras, says Mercedes

German premium car maker Mercedes-Benz on Saturday announced opening of booking for its all-new SUV GLE, which is expected to be launched in India early next year

No Laxmi this Diwali? Little cheer for traders, retailers, wholesalers

Business Standard looks at how shopkeepers, store owners, traders and businessmen are faring this festive season and what has brought down their spirits