Indians spend Rs 6L Cr on Diwali; expert warns of EMI trap | The Federal скачать в хорошем качестве

Indians spend Rs 6L Cr on Diwali; expert warns of EMI trap | The Federal

The Diwali season in India this year witnessed a record trade of Rs 6 lakh crore, the highest ever, according to the Confederation of All India Traders. From gold to gadgets, and clothes to cars, Indians splurged on Diwali shopping this year. But what’s behind this massive buying spree? Economist Dr Prabhakar says GST 2.0 reforms, pent-up demand, and easy EMIs powered the surge, while explaining why rising household debt could become a concern. In this interview, we break down the numbers of the record trade, sectoral trends, and what this means for India’s economy in 2026. Watch this video to understand whether India’s consumption boom is sustainable or a warning sign wrapped in festive lights. #Diwali2025 #IndianEconomy #BBCStyle #FestivalOfLights #IndiaNews #EconomicGrowth #GSTReforms #ConsumerSpending #EMIDebt #PrabhakarInterview ▶For the latest news and analysis - https://thefederal.com/  ▶RSS Feed - https://thefederal.com/google_feeds.xml ▶For more explainers, and interesting videos - https://thefederal.com/category/videos ▶To watch The Federal's shows listed together for your easy access, click here:    • The Federal Programmes   Follow The Federal News here - ▶Website: https://thefederal.com/ ▶Facebook:   / thefederal.india   ▶X: https://x.com/TheFederal_News ▶Instagram:   / thefederal_india   ▶LinkedIn:   / thefederal   ▶Whatsapp channel: https://www.whatsapp.com/channel/0029... ▶Threads: TheFederal India (@thefederal_india) ▶Spotify: https://open.spotify.com/show/3fy3utP... #TheFederal #India #BreakingNews #LatestNews #News #Delhi #Mumbai #Parliament #NarendraModi #RahulGandhi #Politics #Business #Economy Download The Federal App here - ▶Android - http://bit.ly/3DJSkiu ▶iPhone - http://bit.ly/TheFederalios