Retail sales during India’s biggest festival, Diwali, celebrated in October, were over $67 billion India’s recent consumption tax cuts led to a surge in spending during Diwali, the country’s biggest festival, Bloomberg reported on Monday, citing data from retail intelligence platform Bizom. Consumer spending from September 22 to October 21 increased by 8.5% compared to the same period last year. The report said total retail sales reached $67.6 billion, with top-performing categories including