India’s month-long festive season witnessed a record-breaking surge in consumer spending, hitting an impressive US$67.6 billion (₹6,00,000 crore) between September 22 and October 21, according to Bizom data shared with Bloomberg. The rise — an 8.5% year-on-year (YoY) increase — came on the back of the government’s sweeping Goods and Services Tax (GST) cuts, which […]