Page 8 - Festive Season

Three-fold increase in special train trips this festive season: Vaishnaw

Dismissing reports of a shortage of berths for passengers opting for non-AC coaches, Railway Minister Ashwini Vaishnaw on Thursday said there has been a nearly three-fold increase in the number of special train trips this festive season as compared to last year. The railways is operating 6,754 additional train trips this festive season between October 1 and December 31 to clear the rush of passengers as compared to 2,614 in the same period last year, he said. Till date 2,423 trips have been completed and the remaining trips will be made in the coming days, the minister said. "Every year we do a very serious planning to make arrangements for passengers for Diwali and Chhath. We monitor the reservation and waiting list trends three months before the beginning of the festive season and take a call on making arrangements for the additional train trips," Vaishnaw said during an interaction with journalists. The railways also takes into account last year's passenger figures in the planni

Hero MotoCorp posts its best festive season with sale of 1.4 mn 2-wheelers

Riding on robust demand across rural markets as well as steady retail off-take in key urban centres, the company registered a 19 per cent growth over the festive season last year

Wakefit.co reports 35% increase in revenue during 2023 festive season sale

While mattresses and accessories continue to be the highest contributors to the revenue, furniture now commands 30 per cent of the business

Festive boom: Mumbai property sales between Navratri and Diwali up 30%

The daily average registration rate in Mumbai climbed 26% during the October 15 and November 15 period to 407 units from 322 units last year

Car makers break festive season records, do record sales of Rs 1.3 trillion

Driven by consumer demand, automobile companies sold 1.14 million vehicles, averaging nearly 13,000 units daily

EMI to warrants: What to know about discounts in festive shopping season

A go-to guide to on what to look for in the fine print of deals being offered

Festive cheers! Ecommerce platforms, online brands sales shine on Diwali

More than 50% of the total festive sales have come through online platforms, against 45% in 2022

Tax mop-up to digital infra, many positives to cheer up Diwali

The tax collections, and even the non-tax revenues are quite strong, giving the central and state governments more money to spend on infrastructure and social sector projects

Inside India Inc's Diwali hamper: Paid leaves, group experiences and more

Companies are opting to offer indulgences with social responsibility added to the package

Consumer durables sales see a pick-up on lucrative festival finance schemes

Premiumisation gets a push due to longer term EMIs and lower upfront payments

Relief for domestic fliers as ticket prices fall by 8% in festive season

The price reduction in airfares comes at a time when airlines are incurring higher costs, including jet fuel and airport charges

Funding assisted fertility; planning holiday: Top personal finance stories

Our best stories this week are what couples must know about the financial impact of IVF and places to go for a Diwali break

Health, holiday, happiness and more: Diwali wish list of India Inc honchos

The first big Diwali after the pandemic has industry leaders approaching the festival in a contemplative mood

40% consumers plan to shop from D2C merchants this festive season: Report

To gauge consumer sentiment during the festive season, Simpl conducted a survey to get insights about consumers' festive purchase plans

India saw sale of luxury homes double in first 9 months this year: CBRE

CBRE said that the home sales in the festive season this year are expected to be the highest in three years

Festive season: Residential real estate sector witnesses robust demand

The festive season provides the one last thrust to residential real estate activity in India, according to Colliers India

CTI writes to PM Modi; flags issue of decline in biz due to Delhi pollution

CTI chairperson Brijesh Goyal said business is declining despite the festive season due to pollution. The central government is requested to take strict and concrete steps against air pollution

Home sales in India this year to be 30% higher than in 2022: Colliers

Industry numbers show that home sales this year have already crossed the total sales in 2022, the consultancy said

Festive season spending booms as consumers splurge, buoying economy

The sales are a key indicator of the health of consumption, which makes up about 60% of India's gross domestic product

Despite festival season, domestic air traffic down by 0.26% in Oct

Even the average daily load factor of airlines in October remained more or less the same as that in September