New Delhi, Nov. 30 -- December - the 12th month in the Gregorian calendar - carries both symbolic and practical significance across the world. As the year draws to a close, governments, institutions, and global bodies take stock of progress, mark key milestones, and revisit commitments tied to health, human rights, climate action, and economic development. It is also the start of winter in the Northern Hemisphere, a period often associated with festive sentiment and higher consumer spending, making it an important month for businesses, tourism, and retail.

In India, December is culturally prominent as several regions consider this period auspicious for weddings and community gatherings, contributing to economic activity across apparel, j...