New Delhi, Nov. 27 -- The domestic demand has remained steady even after the festive season, indicating a positive consumption trajectory for the economy, according to a report by Prabhudas Lilladher, a financial service firm.
The report stated this based on the analysis of spending patterns during and after the festive period across FY2024 to FY2026 to understand whether the rise in spending was temporary or supported by broader momentum.
It stated, "Post-festival demand remains on track."
The report supported it with strong digital payment trends. It noted that the UPI transactions rose sharply from Rs 8,400 bn in FY2025 to Rs 11,500 bn so far in FY2026, reflecting continued strength in digital payments well beyond the festive period...
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