Live Breaking News & Updates on Festive Season Sales

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Indians splurge big on festive season sales, buoying economy, Telecom News, ET Telecom

Festive Season Sales: Economists point to an easing in inflation and a pickup in wages, especially in the rural countryside, where a majority of India’s population live. Consumer confidence reached a four-year high in September, the latest central bank figures show, while demand for bank loans is hovering near a 12-year high despite interest rate hikes this year. ....

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hero motocorp: Industry expecting double-digit growth this festive season: Hero MotoCorp CEO

Hero MotoCorp CEO, Niranjan Gupta, is optimistic about the upcoming festive season, stating that the company s booking and inquiry numbers are up by 20% compared to last year. Gupta expects the industry to experience double-digit growth, driven by strong brands and the addition of new models. Incentives have been extended to salespeople and technicians to boost sales, and Gupta believes that pent-up demand and a delayed festive season will further contribute to sales. ....

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