India's GST overhaul fuels $68B shopping boom during festive season - NewsBytes

India's recent Goods and Services Tax (GST) reform has resulted in a massive $67.6 billion shopping spree during the festive season. The spending between September 22 and October 21, the period between Navratri and Diwali, rose by 8.5% from last year, according to retail intelligence platform Bizom . This is a major boost for the economy, which had been affected by high import levies imposed by th…