Shoppers across the country bought products worth Rs 1.25 trillion this Diwali, helping retailers log decade-high sales — a sign of resilient demand even as inflation remains high. The Confederation of All India Traders (CAIT), which represents about 70 million traders, said the tremendous sales response came as a much-needed breather for retailers facing a slowdown for the past two years. It has also made businesses optimistic about the near future.
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