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IndiaFestive consumption growth halved in 2024 as urban demand slacks, notes Nomura
Nomura reports festive consumption growth has dropped to 15% this year. Analysts observed slower growth in retail sales both offline and online. Demand in rural areas and tier-2 and tier-3 cities remained stable. However, metros and industrial demand weakened. Nomura suggests a cyclical economic slowdown is underway.
Latest Stories
Tragedy in the Hills: 23 killed as bus plunges into gorge in Uttarakhand’s Almora
Twenty-three people died and another 45 were injured after a bus fell into a gorge near Marchula in…
Delhi AQI remains firmly lodged in the ‘very poor’ category; PM2.5 levels nearly 60 times WHO’s prescribed danger limits
Stubble burning in the neighbouring states has reduced and vehicular emissions, construction dust a…
Delhi's air quality 'very poor', smog blankets city
Delhi experienced very poor air quality on Sunday, with an AQI of 369 and some areas recording seve…
Bhai Dooj 2024: PM Narendra Modi extends greetings on special occasion
Prime Minister Narendra Modi on the occasion of Bhai Dooj extended his warm greetings to the nation…
Hoax bomb threat halts Bihar Sampark Kranti express at Gonda station
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Delhi AQI at 296, smog engulfs city on Saturday
A thin layer of smog engulfed the national capital and the AQI was recorded at 296 at 7 am on Satur…
Diwali celebrations overshadowed by eye injuries, fatal incidents and record number of fire hazards across India
From fires and injuries to life-threatening confrontations, the festival celebrations were marred b…
Air pollution killed 16 lakh Indians in 2021, concerning Lancet study shows
The Lancet report links air pollution to respiratory, cardiovascular diseases, lung cancer and more.
Chairman of PM's Economic Advisory Council Bibek Debroy passes away at 69
Renowned economist Bibek Debroy, Chairman of the Economic Advisory Council to the Prime Minister of…
Delhi’s ‘lit’ skyline on Diwali goes viral; netizens bring attention to the smog-covered skies
Delhi's skyline on Diwali night was breathtaking — quite literally.
Delhi records over 300 fire-related incidents on Diwali; AQI slips to 362
The Delhi Fire Service received over 300 calls of fire-related incidents on Diwali in which there w…
Post-Diwali smog pushes Delhi air quality to 'very poor'; other cities also affected
Anand Vihar recorded an AQI of 395, Aya Nagar stood at 352, Jahangirpuri at 390, and Dwarka at 376.…
Demand for 2-wheelers and tractors shows positive momentum as rural sentiment sees lift, notes Motilal Oswal
The demand for the passenger vehicle and commercial vehicles moderated in October while the demand …
Delhi air 'very poor' all across on Diwali morning; firecracker ban yet to kick into tangible effect
Thirty-eight monitoring stations showed that air was in a "very poor" category across the city. The…
Confused about Diwali 2024 dates? Checkout key details and Lakshmi Puja shubh muhurat
Diwali will be celebrated on October 31, 2024, marked by Lakshmi Puja rituals. While some cities ma…
Indian Railways plans 7,000 additional journeys with 164 special trains during festive season
For certain areas where the railways expect overcrowding, additional seating arrangements and resti…
Air pollution level increases in Delhi, eight stations in red zone
According to data from the Central Pollution Control Board, out of the 36 monitoring stations that …
Spiritual speaker Jaya Kishori responds to backlash over luxury bag: ‘It’s customised, not leather’
Several users criticised her for using a leather bag despite being a spiritual orator, who preaches…
Airlines should not hike prices beyond a limit, even during rush: CPI's K Narayana to Civil Aviation Minister on exorbitant airfares
Communist Party of India(CPI) National Secretary K Narayana on Tuesday wrote to Union Civil Aviatio…
Why doesn’t India participate in the Daylight Saving Time ritual?
Daylight Saving Time is a biannual clock adjustment used in many countries to optimise their daylig…
Government creating system that gives opportunity to every youngster: PM Narendra Modi
Prime Minister Narendra Modi has emphasized his government's efforts to provide youth with ample op…
Army Dog 'Phantom' dies in anti-terror operation in J-K; unit recalls his courage, loyalty and dedication
Indian Army's dog, Phantom, was killed in an operation after terrorists attacked an Army convoy nea…
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