GST reforms spark massive festive shopping spree, sales hit ₹6 trillion as consumer spending jumps 8.5% - livemint.com

The goods and services tax reforms have encouraged shoppers to spend on items such as cars and kitchenware during the festive season, providing relief for the economy following the 50% tariffs imposed by the US, according to a report by Bloomberg. Consumer spending from September 22 to October 21, the period between Navratri and Diwali, rose 8.5% from the same period the previous year, the report…