indian economy: Will the light shine on India’s economy? Tracking the Diwali spend and looking at post-festival recovery


A bit of retail therapy helps. Especially when the times are tough. So, late October, Chhaya Pereira, 43, a Mumbai-based private sector executive, decided to indulge in some retail relief. The biking enthusiast walked into a Honda showroom with her entrepreneur husband and 20-year-old son to check out its newly launched CB350 H’Ness that costs Rs 2.26 lakh. “I loved it,” she says. Within five minutes, she decided to buy it. “Booking the bike





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