39 tonnes of GOLD worth Rs19,500 crores was bought by the Indian Middle class in one single day on #Dhanteras
30% YoY increase in the sales of white goods during the festive season.
All Car showrooms are empty as they don't have cars to sell. Even their Demo cars got sold off.
30% YoY increase in the sales of white goods during the festive season.
All Car showrooms are empty as they don't have cars to sell. Even their Demo cars got sold off.
This demonstrates the purchasing power of the Indian Middle-class as the Indian Super rich and HNI do not buy Physical gold anymore as they have shifted to buying Digital gold sold by RBI which fetches them 2.5% interest.
This kind of Festive spending has never been seen before
This kind of Festive spending has never been seen before
There are 8 lakh customers waiting for delivery of Cars and SUVs in India.
Waiting Time ranges from 1 month to 9 months depending on the models.
And they say the Indian economy is doomed
Waiting Time ranges from 1 month to 9 months depending on the models.
And they say the Indian economy is doomed
Sensex made the biggest Muhurat gain in 14 years whereas Chinese stock markets and currency plummeted to 14-year lows
Highest Housing sales in 8 years
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