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Diwali Sales 2026: Is India's Economy Booming or Losing Steam? | Vantage on Firstpost

Firstpost7 Nov 2026

From Diwali’s ₹1.5 lakh crore festive shopping boom to the growing influence of Indian-American voters in the 2026 US midterms, two major trends reveal changing consumer and political power. While cautious Indian households balance festive spending amid rising prices, Indian-Americans overwhelmingly backed Democratic candidates in key congressional districts. What do these trends reveal about India's economic health, changing consumer behaviour and the growing influence of the Indian diaspora…