30 September 2022

Make Your Shopping Spree Count

Sanjeeb Baruah and Himanshu Thakur
Diwali is the time when Indians loosen their purse strings. From getting their homes refurbished to buying consumer goods, clothes, and accessories, this is the official shopping period. Though Covid had a big impact on consumer spending, over the last two years, the enthusiasm for Diwali shopping seems to be back. According to data from Statista, a consumer and market data provider, consumer spending across India has made a sizeable recovery and amounted to over Rs 22.6 trillion by the end of the second quarter of 2022. Though consumer spending is on a high, rising inflation is a matter of concern, but freebies, offers and discounts available at e-commerce and other retailers may add the nudge that’s needed for Diwali spending. But before you get tempted and go all out, look at the deals carefully and assess what you really need. Diwali Offers From cashbacks, redeemable reward...
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