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1. 23 Oct
   Indian online festive sales show cautious shoppers, big-ticket buys cooling

   Early data from the first leg of the festive season (Oct 8–18) show India’s online GMV at about $7–8 billion with nearly 100 million shoppers, but overall spending is softer than last year. Multiple data sources report weaker card transactions, a decline in online festive sales value versus last year, and households cutting discretionary festive spending.

   India · 1 source

   

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