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Retail sales rise 11% in Aug-Oct on GST rate cuts, festive demand

Financial Express Delhi

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November 22, 2025

FOR THE FIRST time in nearly three years, retail sales have climbed back into double-digit territory, crossing the 10% mark in the August-October period, according to data released on Friday by the Retailers Association of India (RAI).

- VIVEAT SUSAN PINTO

Sales rose 11% for the quarter, driven by a combination of GST cuts and robust festive season demand, RAI, an apex body of organised retailers, said. Retail last posted double-digit growth in February 2023, when sales expanded 15% for the month.

“Retail began the 2025 calendar year with 4—5% growth and moved to 7-8% through April—July following the income tax cuts and lowering of interest rates. The GST Bachat Mahotsav, between August and October, lifted festive-period sales into double-digit territory,” Kumar Rajagopalan, CEO, RAI said.

FLERE HISTORIER FRA Financial Express Delhi

Financial Express Delhi

Homebound in Oscars shortlist for best international feature

NEERAJ GHAYWAN'S HOME-BOUND is among the 15 films shortlisted in the best international feature category at the Oscars, moving a step close to the final five nominations and maybe a win.

time to read

1 min

December 18, 2025

Financial Express Delhi

Bondi shooter came to Hyderabad for nikah in 2001, with son later

BONDI BEACH SHOOTER Sajid Akram brought his European-origin wife to Hyderabad in 2001 for a nikah ceremony, and his son Naveed Akram — a co-accused in the terror attack — around 2004-05 to introduce him to his parents, based on conversations, it has been learnt with investigators who have questioned close relatives.

time to read

1 mins

December 18, 2025

Financial Express Delhi

OpenAI in talks to raise $10 billion from Amazon

INITIAL TALKS

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1 min

December 18, 2025

Financial Express Delhi

Oracle at the centre of AI-fuelled rent spree

CLOUD-COMPUTING COMPANIES including Oracle, Microsoft and Meta Platforms have committed to spend a combined $500

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1 min

December 18, 2025

Financial Express Delhi

States’ fiscal deficit rises to 3.2% in FY25: Icra

THE COMBINED FISCAL deficit of 19 large states, excluding northeast states and Goa, has increased to 3.2% of gross state domestic product (GSDP) in FY25 provisional actuals (PA) from 2.8% in FY22 due to dual pressures of higher revenue deficits and elevated capital spending, a report by ICRA on state government finances revealed.

time to read

1 min

December 18, 2025

Financial Express Delhi

EVs get policy push, hybrids lose

Deepens auto industry split; Tata Motors, M&M gain edge

time to read

2 mins

December 18, 2025

Financial Express Delhi

Entrepreneurship & innovation: Shaping KBS’s global vision

Entrepreneurship and innovation play a pivotal role in advancing the strategic vision of KBS, particularly in its aspiration to position itself as a dynamic, industry-relevant, and globally responsive institution.

time to read

1 min

December 18, 2025

Financial Express Delhi

RBI guv signals rates to stay low

RESERVE BANK OF INDIA (RBI) Governor Sanjay Malhotra expects the country's interest rates to remain low for a \"long period\", he told the Financial Times in an interview published on Wednesday.

time to read

1 min

December 18, 2025

Financial Express Delhi

Debt reduction key focus: FM

IT COULD COME in handy for the government which is facing a potential tax revenue shortfall compared with the Budget Estimate, and a possible dip in tax buoyancy in the near term, on account of massive the reliefs offered to taxpayers in terms of income tax and GST reductions.

time to read

2 mins

December 18, 2025

Financial Express Delhi

Speciale Invest set to raise ₹1,400-cr fund

Bengaluru- based VC firm prepares fund to Back deep-tech firms

time to read

1 min

December 18, 2025

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