Festive spending in urban India to drop 6% to ₹1.97 lakh crore amid inflation: Survey

Urban India's festive spending is expected to decline 6 per cent to ₹1.97 lakh crore in 2026 from ₹2.10 lakh crore in 2025, with households planning to spend an average of nearly ₹20,000 amid rising inflation and borrowing costs, according
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