Janmashtami, celebrated with fervour proved to be a massive economic boon for traders. Traders body CAIT reported business transactions exceeding Rs 25,000 crore, driven by increased sales of flowers, sweets, and decorative items.
Maruti Suzuki is scaling back production amid slowing passenger vehicle demand in India during Q1 2024-25. Factors such as the Lok Sabha election, adverse weather, and a typically weak Q1 have led to rising inventories.