Report suggests Indians made large purchases during the festive season, leading to a 40% increase in UPI transactions in October.

Consumer spending in India is on the rise during the festive season, resulting in a boost to the country’s economic growth. Media reports indicate that people are splurging on various items such as cars, smartphones, and TVs. E-commerce platforms like Amazon and Flipkart have experienced a significant surge in sales, with a nearly 20% increase…

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