Diwali sales in India hit record high after GST reduction | Vantage With Palki Sharma - Firstpost

October 23, 2025, 10:40 AM ISTVantage by

Indians splurged nearly 68 billion dollars this Diwali, marking the biggest festive shopping season ever, according to trade group CAIT. The surge in consumer spending was boosted by recent GST cuts and easing inflation ahead of the celebrations. But can this wave of festive buying continue? Why does household spending matter so much for India’s economy? Palki Sharma explains the numbers and what they reveal about India’s financial strength.

See More