Diwali is just not a religious or cultural festival; it has a huge impact on our economy as well. We all have our buying list for Diwali sales. The festive season falls in the mid of the Financial year (April to March). The season itself not only gives a hint about the current economic condition but also impacts the sentiment of the market for the rest of the financial year. Business worth more than 25,000 crores has happened in Delhi alone. Still, there are 10 days left in the festival season, so the retail business can surpass the 1.5 lakh crores mark this year. In this episode of the Business Tit-Bits, our Business Editor Mr Akhilesh Bhargava shares his take on the matter.
Business Tit-Bits: The Economy and Diwali Optimism
Diwali is just not a religious or cultural festival; it has a huge impact on our economy as well. We all have our buying list for Diwali sales. The festive season falls in the mid of the Financial year (April to March). The season itself not only gives a hint about the current economic condition but also impacts the sentiment of the market for the rest of the financial year. Business worth more than 25,000 crores has happened in Delhi alone. Still, there are 10 days left in the festival season, so the retail business can surpass the 1.5 lakh crores mark this year. In this episode of the Business Tit-Bits, our Business Editor Mr Akhilesh Bhargava shares his take on the matter.