India's festive season spending to surpass ₹7 trillion this year

India's festive and wedding season spending is projected to surpass ₹7 trillion in 2025, according to the government data. The prediction comes after the recent cuts in Goods and Services Tax (GST) have given a major boost to consumer sentiment across sectors. The government's decision to cut GST just before the festive and wedding season has proven strategic, as it has not only reduced costs but…