Festival demand underpins India’s animal spirits in October as signs of recovery take hold

Passenger vehicle sales, a key indicator of demand, rose 14.2% in October from a year ago ahead of India’s festival of lights -- Diwali. Retail sales too showed signs of picking up, even though they were nearly 60% below the year-ago level, according to ShopperTrak.

from News-Economic Times https://ift.tt/3fvzYkB