2014 is witnessing unprecedented sales of various consumer good products all over the country. And the good news is that both ecommerce and brick-and-mortar stores are witnessing excellent sales volume.

The hottest products in demand this year are: Gold; Smartphones, LED TVs and Two Wheelers.

An overview of the biggest selling consumer products this Diwali:

– Managing Director of Fab India, William Bissell said that their retail chain witnessed 31% more sales this year Diwali, compared to last year. Ethnic garments and furnishing, both are in huge demand.

– Vineet Jain, Vice President for Big Bazaar said that the last weekend was statistically the best ever in terms of Diwali sales in NCR region. People lapped up exciting offers from FMCGs and the rush was phenomenal, even with their own standards.

– Ajit Joshi, CEO of Infiniti Retail (TATA Group) said that despite sensational offers from ecommerce portals, their stores witnessed huge volume of sales of electronics products such as LEDs and Smartphones. He contributed to this huge sale to companies such as LG, Sony and Samsung who have come out against the practice of offering products at lower than MRP cost.

– Besides smartphones, large applications such as frost-free refrigerators and entertainment products like televisions and home theatres also witnessed excellent sales in Infiniti Retail.

– Sunil Nayyar, head of sales for Sony India, said that demand for flat-screen large televisions of 42-56 inches contributed 50-55% of overall sales of Sony India; and most of them were bought from offline retail. 40-50% more sales were witnessed by Sony India this year, compared to last year. He shared that on a normal day, around 400-500 LEDs are sold in a day in Delhi-NCR region, but on Dhanteras occasion, the number zoomed ahead to 3000-3500 units. He is expecting this record sale trend to continue till New Year.

– Sanjeev Agarwal, VP (sales) at LG Electronics India said that their company witnessed unprecedented sales of washing machines, LEDs and refrigerators, especially in the markets of Delhi, Rajasthan and Bihar. He expressed his happiness in the fact that several of their dealers in remote towns in these states have already declared that their entire stock of the year has finished as of now. In Lucknow, their dealers hired more than 300 vehicles to deliver electronics products all over the city.

– Manish Sharma, MD of Panasonic’s India and South Asia operations has expressed his excitement over the tremendous buzz around electronics goods in general. He has stated that a stable government and clear economic policies is the result of this euphoric ambiance.

– Shital Mehta, CEO at Pantaloons Fashion said that sales increased 10% this Diwali, compared to last year. And on weekend, the sale increased more than 30%.

– Gold has made a grand comeback this year, as in 2013, Government had increased import duty by 15% to stop import of Gold as it was causing trouble for the foreign reserves. But as no such increase was announced this year, buyers are back in the market.

– Rahul Gupta, CEO of popular PP Jewellers in New Delhi said that they are expecting 20% more sale of Gold ornaments this year, compared to last year. Gold was trading at Rs 27,000 for 10 grams in Delhi during Dhanteras yesterday.

– N. Anantha Padmanabhan of NAC Jewellers in Chennai said that they are expecting 10% more footfall and sale this year as market sentiments are at all time high.

– Hero MotoCorp, which is India’s largest two-wheeler maker said that they witnessed record sale of 1.5 lakh units on Dhanteras (yesterday), as compared to 15-20k units on an average day.

– Rakesh Srivastava, senior VP at Hyundai India said that they have witnessed 8100 units of sale on Dhanteras, whereas on a normal day, around 1000 units are sold. Overall, this Diwali, they saw a record rise of 19% in sales of their cars.

– Maruti refused to share the exact numbers, but have confirmed that sales were pretty strong this year, compared to last year’s Diwali.

Olympic and Paralympic sprinter Oscar Pistorius started his five-year jail sentence on Tuesday for killing his girlfriend Reeva Steenkamp, marking the end of a trial that has gripped South Africa and millions around the world.

His uncle, Arnold Pistorius, indicated he would not appeal.

As judge Thokozile Masipa gave her decision on the 27-year-old’s culpable homicide conviction, Pistorius, whose downfall has been likened to that of American football star O.J. Simpson, stood resolutely in the dock.

His only reaction was to wipe his eyes before two police officers led him to the holding cells beneath the High Court in the heart of the South African capital.

Ninety minutes later, an armored police vehicle carrying Pistorius – still dressed in dark suit, white shirt and black tie – left the building through a throng of reporters toward Pretoria Central Prison, where he is expected to serve his time.

Once the execution site for opponents of South Africa’s former white-minority government, the jail is now home to the country’s most hardened criminals, including the man known as “Prime Evil”, apartheid death squad leader Eugene de Kock.

Prisons officials said Pistorius, whose lower legs were amputated when he was a baby, would be housed in a separate and secure hospital wing of the massive complex.

“ONE LAW FOR ALL”

In delivering her decision, 67-year-old Masipa stressed the difficulty of arriving at a decision that was “fair and just to society and to the accused”.

She also rebuffed suggestions that Pistorius – a wealthy and influential white man – might be able to secure preferential justice despite the “equality before law” guarantee enshrined in the post-apartheid 1996 constitution.

“It would be a sad day for this country if an impression were created that there is one law for the poor and disadvantaged, and one law for the rich and famous,” she said.

Steenkamp, a 29-year-old law graduate and model, died almost instantly on Valentine’s Day last year when Pistorius shot her through a locked toilet door at his luxury Pretoria home.

Prosecutors pushed for a murder conviction, but the athlete maintained he fired in the mistaken belief an intruder was hiding behind the door, a defense that struck home in a country with one of the world’s highest rates of violent crime.

The ruling African National Congress’ Women’s League, which is at the forefront of political efforts to tackle violence against South African women, on Tuesday called for an appeal by the state against the Sept. 12 culpable homicide conviction.

But Steenkamp’s family said it was satisfied with the sentence.

“Justice was served,” family lawyer Dup De Bruyn told reporters outside the court. The judge had given “the right sentence”, he said.

“DARK AGES” GONE

With no minimum sentence for culpable homicide, South Africa’s equivalent of manslaughter, Pistorius could have been punished with a few years of house arrest combined with community service.

Before the decision, protesters picketed outside the court, a sign of the anger that might have ensued and the damage that might have been done to an often-criticized judicial system if the sentence were seen as too light.

“Why are certain offenders more equal than others before the law?” said protester Golden Miles Bhudu, dressed in orange prison garb and wrapped in chains as he ridiculed Pistorius’ retching and crying during the seven-month trial, the first in South Africa to be broadcast live throughout.

“He screams like a girl, he cries like a baby but he shoots like a soldier,” Bhudu said.

However, Masipa pointed to the moral and philosophical changes South Africa has undergone since the end of white rule and the 1994 election of Nelson Mandela, saying the courts were no longer about mob justice and an “eye-for-an-eye”.

“As a country we have moved on from the dark ages,” she said. “Society cannot always get what they want because courts do not exist to win popularity contests.”

Many ordinary South Africans were unimpressed, especially after Pistorius’ defense lawyer, Barry Roux, said he expected the athlete to serve only 10 months of the five-year sentence behind bars, and the remainder under house arrest.

“They are only scaring him with this sentence. It shows our society hasn’t transformed,” said Johannes Mbatha, a 38-year-old minibus taxi driver waiting at a Johannesburg bus station.

“If it was a black man he would have never received such a light sentence. But that’s how things are in South Africa.”

In Steenkamp’s home town of Port Elizabeth, a handful of family friends at a bar owned by her parents raised their hands in recognition of the five-year sentence.

“I thought he would walk,” said 50-year-old Martin Cohen, who worked as a race horse trainer with Steenkamp’s father, Barry, who suffered a stroke shortly after his daughter’s killing.

The state prosecuting authority, which has two weeks to decide whether to launch an appeal against the verdict, said Pistorius was likely to serve at least a third of his sentence in prison or 20 months.

On a separate conviction for firing a handgun in a packed Johannesburg restaurant, Pistorius was given a three-year suspended sentence.

Even if he is freed early, Pistorius will not be able to resume his athletics career until his full term is served, the International Paralympic Committee said, ruling out any appearance at the 2016 Rio Olympics.

Known as “Blade Runner” because of his carbon-fibre prosthetics, Pistorius became one of the biggest names in world athletics at the London 2012 Olympics when he reached the semi-finals of the 400m race against able-bodied athletes.

Olympic and Paralympic sprinter Oscar Pistorius started his five-year jail sentence on Tuesday for killing his girlfriend Reeva Steenkamp, marking the end of a trial that has gripped South Africa and millions around the world.

His uncle, Arnold Pistorius, indicated he would not appeal.

As judge Thokozile Masipa gave her decision on the 27-year-old’s culpable homicide conviction, Pistorius, whose downfall has been likened to that of American football star O.J. Simpson, stood resolutely in the dock.

His only reaction was to wipe his eyes before two police officers led him to the holding cells beneath the High Court in the heart of the South African capital.

Ninety minutes later, an armored police vehicle carrying Pistorius – still dressed in dark suit, white shirt and black tie – left the building through a throng of reporters toward Pretoria Central Prison, where he is expected to serve his time.

Once the execution site for opponents of South Africa’s former white-minority government, the jail is now home to the country’s most hardened criminals, including the man known as “Prime Evil”, apartheid death squad leader Eugene de Kock.

Prisons officials said Pistorius, whose lower legs were amputated when he was a baby, would be housed in a separate and secure hospital wing of the massive complex.

“ONE LAW FOR ALL”

In delivering her decision, 67-year-old Masipa stressed the difficulty of arriving at a decision that was “fair and just to society and to the accused”.

She also rebuffed suggestions that Pistorius – a wealthy and influential white man – might be able to secure preferential justice despite the “equality before law” guarantee enshrined in the post-apartheid 1996 constitution.

“It would be a sad day for this country if an impression were created that there is one law for the poor and disadvantaged, and one law for the rich and famous,” she said.

Steenkamp, a 29-year-old law graduate and model, died almost instantly on Valentine’s Day last year when Pistorius shot her through a locked toilet door at his luxury Pretoria home.

Prosecutors pushed for a murder conviction, but the athlete maintained he fired in the mistaken belief an intruder was hiding behind the door, a defense that struck home in a country with one of the world’s highest rates of violent crime.

The ruling African National Congress’ Women’s League, which is at the forefront of political efforts to tackle violence against South African women, on Tuesday called for an appeal by the state against the Sept. 12 culpable homicide conviction.

But Steenkamp’s family said it was satisfied with the sentence.

“Justice was served,” family lawyer Dup De Bruyn told reporters outside the court. The judge had given “the right sentence”, he said.

“DARK AGES” GONE

With no minimum sentence for culpable homicide, South Africa’s equivalent of manslaughter, Pistorius could have been punished with a few years of house arrest combined with community service.

Before the decision, protesters picketed outside the court, a sign of the anger that might have ensued and the damage that might have been done to an often-criticized judicial system if the sentence were seen as too light.

“Why are certain offenders more equal than others before the law?” said protester Golden Miles Bhudu, dressed in orange prison garb and wrapped in chains as he ridiculed Pistorius’ retching and crying during the seven-month trial, the first in South Africa to be broadcast live throughout.

“He screams like a girl, he cries like a baby but he shoots like a soldier,” Bhudu said.

However, Masipa pointed to the moral and philosophical changes South Africa has undergone since the end of white rule and the 1994 election of Nelson Mandela, saying the courts were no longer about mob justice and an “eye-for-an-eye”.

“As a country we have moved on from the dark ages,” she said. “Society cannot always get what they want because courts do not exist to win popularity contests.”

Many ordinary South Africans were unimpressed, especially after Pistorius’ defense lawyer, Barry Roux, said he expected the athlete to serve only 10 months of the five-year sentence behind bars, and the remainder under house arrest.

“They are only scaring him with this sentence. It shows our society hasn’t transformed,” said Johannes Mbatha, a 38-year-old minibus taxi driver waiting at a Johannesburg bus station.

“If it was a black man he would have never received such a light sentence. But that’s how things are in South Africa.”

In Steenkamp’s home town of Port Elizabeth, a handful of family friends at a bar owned by her parents raised their hands in recognition of the five-year sentence.

“I thought he would walk,” said 50-year-old Martin Cohen, who worked as a race horse trainer with Steenkamp’s father, Barry, who suffered a stroke shortly after his daughter’s killing.

The state prosecuting authority, which has two weeks to decide whether to launch an appeal against the verdict, said Pistorius was likely to serve at least a third of his sentence in prison or 20 months.

On a separate conviction for firing a handgun in a packed Johannesburg restaurant, Pistorius was given a three-year suspended sentence.

Even if he is freed early, Pistorius will not be able to resume his athletics career until his full term is served, the International Paralympic Committee said, ruling out any appearance at the 2016 Rio Olympics.

Known as “Blade Runner” because of his carbon-fibre prosthetics, Pistorius became one of the biggest names in world athletics at the London 2012 Olympics when he reached the semi-finals of the 400m race against able-bodied athletes.

Amidst calls by several BJP MLAs in Maharashtra for Union minister Nitin Gadkari to be made the state’s chief minister, the senior leader today said he was happy working at the Centre.

“I am happy in Delhi,” Gadkari told reporters here when asked whether he intends to return to state politics.

Gadkari’s comment came after Maharashtra BJP president Devendra Fadnavis, considered to be the front-runner for the post of chief minister, today visited him at his residence in the Mahal area of the city to wish him on Diwali.

The visit, described as a courtesy call by Fadnavis, lasted for about half-an-hour, according to sources.

After the meeting, the Union Transport and Shipping Minister told reporters, “Fadnavis is my colleague and came to meet me on Diwali.” However, what transpired during the meeting of the two leaders was not known.

Gadkari had earlier clarified his stand about not returning to state politics, saying it was for the the BJP’s central leadership to decide and that he would accept any responsibility given to him by the party. Party sources said that the central leadership favours Fadnavis for the top post.

Fadnavis, who was accompanied by city Mayor Pravin Datke, declined to comment on his meeting with Gadkari. He had also remained tight-lipped yesterday when PTI contacted him for his comments on the Vidarbha MLAs supporting Gadkari for the chief minister’s post.

A group of 39 newly-elected BJP MLAs from Vidarbha region had met Gadkari here on Tuesday and pushed for him to be made the Maharashtra chief minister.

Nagpur-East MLA Krishna Khopde had yesterday offered to quit and vacate his seat to pave the way for his mentor Gadkari. Later, two more MLAs — Sudhakar Kolhe (Nagur-South) and Sameer Meghe (Hingana) — too, offered to resign from their respective seats for the Union minister.

Also, five independent MLAs — Vinayak Patil (Ahmednagar), Shirish Choudhary (Amalner), Ganpat Gaikwad (Kalyan-East), Mahesh Landge (Bhosari) and Ravi Rane (Badnera) — yesterday met Gadkari and Fadnavis separately to offer their support if the chief minister is chosen from the Vidarbha region.

May the festival of lights be the harbinger of joy and prosperity. As the holy occasion of Diwali is here and the atmosphere is filled with the spirit of mirth and love, here’s hoping this festival of beauty brings your way, bright sparkles of contentment, that stay with you through the days ahead.
Best wishes on Diwali and New year.