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Festive shopping 2025: Online spends to surge 115%; gourmet foods, groceries, fashion to lead buying

R Amin2 months ago03 mins mins

Urban households in India are set to embrace e-commerce like never before this festive season, with a new LocalCircles report predicting a sharp rise in online shopping. The findings suggest that recent GST rate changes have helped boost consumer confidence just ahead of the spending rush.The study, ‘How Urban Indian Households Will Spend During Festive…

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Cross-border payments boost: India, EU begin phase to link UPI with TIPS; remittances to get cheaper

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  • IPO rules revamp: Mutual funds barred from pre-IPO buys, anchor route open; Sebi pushes transparency, wider participation
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  • Cross-border payments boost: India, EU begin phase to link UPI with TIPS; remittances to get cheaper
  • IPO rules revamp: Mutual funds barred from pre-IPO buys, anchor route open; Sebi pushes transparency, wider participation
  • Forex watch: India’s reserves jump $5.54 bn; gold vaults total kitty to $692.57 bn
  • Rupee hits all-time low: Currency breaches 89/$ mark for first time; steepest drop in over 3 months
  • Digital mobility boost: Navi UPI links with ONDC to enable metro QR ticketing; service live in major cities, more to follow
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