Categories: BUSINESS

Festive shopping 2025: Online spends to surge 115%; gourmet foods, groceries, fashion to lead buying

Indian urban households are predicted to significantly increase online shopping this festive season, driven by recent GST rate reductions on white goods and electronics. A LocalCircles report anticipates a 115% surge in online shoppers, with overall festive spending projected at Rs 2.19 lakh crore. While physical stores remain relevant, convenience and better prices are drawing consumers to e-commerce platforms.
Sumitra

Recent Posts

US Federal Reserve meet today: Kevin Warsh-led FOMC keeps interest rates unchanged

The US Federal Reserve, which began its two-day policy meeting on Tuesday, was widely expected…

3 hours ago

India-US trade pact: Piyush Goyal explains the one condition to seal the deal

India's trade pact with the US awaits tariff competitiveness restoration for its first phase. Minister…

3 hours ago

US stock market today: S&P 500, Dow Jones trade flat; Nasdaq drops over 1% as chips stocks drop

Broader market sentiment remained supported by another round of stronger-than-expected corporate earnings. Coca-Cola advanced 5.8%…

1 day ago

Big manufacturing push: How India is aiming to future proof its supply chains from global conflicts

The idea is to reduce trade deficit, conserve foreign exchange reserves and also to position…

1 day ago

‘Extra payout’ to Maharashtra PSU: HDFC board slaps Rs 1 lakh fines on MD, CFO

HDFC Bank's board penalized top executives over deposit arrangements with MSRDC. The internal review found…

2 days ago

Rs 100 crore club gets bigger: Number of nine-figure income filers quadruples in five years

More Indians are reporting nine-figure incomes on tax returns. The number of these high-earners rose…

2 days ago