The Confederation of All India Traders (CAIT) has projected that festive trade during the Rakhi festival this year will exceed Rs 12,000 crore across the country. This marks a significant increase from the previous year's Rakhi trade, which was estimated at around Rs 10,000 crore. The trade body has observed a massive surge in market activity, with consumers showing heightened enthusiasm for shopping during this festive season.
The CAIT has also urged customers to celebrate the festival with Indian-made goods, reflecting a growing trend towards supporting indigenous products.
A notable shift in consumer behavior has been the increased preference for indigenous Rakhis over Chinese ones. According to CAIT, this year, there has been no demand for Chinese Rakhis, a continuation of a trend that has been building over several years.
The organization emphasized that only Indian-made Rakhis have been sold in the country this year, highlighting a broader movement toward supporting local artisans and reducing reliance on imported goods.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
NEW CABINET FINALISE UNDER NEW CM ATISHI
EtEvendusaecus, ulparum acculpa venturit, estint.EtEvendusaecus, ulparum acculpa venturit, estint.
Atishi to take oath as CM
Aam Aadmi Party on Thursday said that the party's MLA, Atishi, will take oath as the Chief Minister of Delhi on September 21.
Court orders FIR against man for submitting forged medical documents
Delhi's Saket Court has directed Delhi Police to file an FIR against a man for submitting a forged and fabricated medical report to seek extension of his interim bail.
Police Special cell arrest two more henchmen of Hashim Baba gang
The Delhi Special Police Cell and the Meerut Special Task Force (STF) in a joint operation here on Thursday morning arrested two more sharp henchmen of the Hashim Baba gang in connection with the murder of a 35-year-old gym owner, Nadir Shah, who was shot dead in full public view in South Delhi on September 12.
BJP Bansuri Swaraj blames AAP govt for Karol Bagh incident
Demanding the Delhi government to take cognisance of old structures in bad state to avoid such incidents in the future, BJP MP Bansuri Swaraj attacked AAP, saying that the carelessness of the Delhi government is causing such tragedies in the national capital.
Delhi HC issues notice Puja Khedkar over UPSC's perjury charge
The Union Public Service Commission (UPSC) on Thursday moved to the Delhi High Court against Pooja Khedkar, a disqualified IAS probationary officer and alleged that she has committed perjury by submitting false documents to secure favourable orders.
Supreme Court refuses to entertain plea to regulate laser beams & loudspeakers during festivals
The Supreme Court in the case Akhil Bharatiya Grahak Panchayat Versus The State Of Maharashtra And Ors observed and has refused to entertain the petition filed seeking directions to regulate the use of light laser beams and loudspeakers in public spaces, gatherings and events during festivals.
Justice BV Nagarathna appointed as Chairperson of Supreme Court Gender Sensitisation and Internal Complaints Committee
Justice BV Nagarathna has been appointed as the Chairperson of the Supreme Court Gender Sensitisation and Internal Complaints Committee following the retirement of Justice Hima Kohli, who was earlier heading the Committee.
Kerala High Court refuses to quash POCSO case against woman for failing to report sexual assault on minors in cottages provided by her
The Kerala High Court in the case Sheela v State of Kerala and Another observed and has refused to quash the criminal proceedings under POCSO Act initiated against a woman in-charge of the cottages where allegedly two minors were subjected to rape.
SUPREME COURT EXPRESSES CONCERN OVER DELAY IN TRIAL OF UAPA CASE OVER ALLEGED ISIS LINKS
The Supreme Court has issued to the state on the limited point of expedition of trial.
