Blog Sree Vijaykumar | From the Editor's Desk Retailers are advised to take note of this article by Shuchi Bansal on Indian consumption habits. The conclusion is that consumers are spending up to 50% more on holidays (Sundays, public holidays and even long weekends) than on an average weekday. This is also higher than Diwali spending. Marketers will be better off using their budgets on holidays, than on the disproportionate amount that gets spent for Diwali/the festive season. The data is from Pine Labs, which processes 20 million transactions a month (1 in 10 transactions conducted at any retail point in India). What would also be interesting is the break-up of transactions between various categories like apparel, F&B, etc. - Comment | |
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| Politics4 Winter Session Bills That Could Make All The Difference For India's Economic GrowthThe primacy of economic development in governance and progressive reforms to facilitate investments are hallmarks of the Narendra Modi-led government. Legislative facilitation is crucial to provide further impetus to this growth momentum. The ongoing Winter Session is all the more significant because of key bills that will come up for consideration before lawmakers. Among these, legislations on Goods & Services Tax (GST), real estate regulation, MSME and labour reforms stand out for their long-term economic impact. |
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