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Its that time of the year again when Car manufacturers offer huge discounts on cars. This might be an attempt to push up car sales during a period when automobile sales normally drop between 15% and 20% because of expectations of an excise duty cut. General Motors India has gone to the extent of offering a refund to consumers in the likelihood of an excise cut in the budget.
Another factor has been consistently high interest rates for the past couple of years on back of RBI’s efforts to suck out liquidity. This has forced car companies to resort to offering discounts to keep sales buoyant. Maruti, India’s biggest manufacturer has discount schemes running on most popular models like the M800, Esteem, Zen Estilo and WagonR.
The Society of Indian Automobile Manufacturers expects a reduction in excise duty from 24% to 16% in this budget and hopes that it will eventually make cars cheaper. So those of you who are postponing your car purchase until April may not be too excited about the current discounts on offer.
This is perhaps UPA’s last budget before the General Elections and experts expect this to be a populist one. However, nobody knows what the Finance Minister has up his sleeve or rather in the briefcase!

Valentines Day in India is being celebrated with such pomp and glory these days that it has become the second biggest money spinner after Diwali for many retailers. Valentine’s Day is certainly among the top four festivities in India now. According to the Retailers’ Association of India (RAI), the total spent on Valentine’s Day gifts last year was about Rs 12 billion ($270 million). According to Gibson Vedamani, CEO of RAI, the marketing and merchandising power of romance has grown exponentially over the last few years. “Valentine’s Day in India has been assuming greater significance with every passing year. In 2007, the occasion accounted for Rs 1,200 crore ($272 million) in product sales.” Jewellery, flowers and chocolates are amongst the various gift items that sell like hot cakes.

With Valentine’s Day round the corner, most of the online stores have come up with special Valentine’s offers. We at TolMol realize the mounting pressure on you to find the perfect gift for your Valentine. Demonstrate the degree of your love, affection and commitment for your loved one with a little help from cupid aka. TolMol Gifts. Through a wide range of options, we have aggregated some unique gifting ideas for you to compare. Select a gift for your Valentine from a lovely bouquet of fragrant flowers, to delicious chocolates to interesting gift hampers to cuddly soft toys and scented candles and woo your Valentine!. Why, you can even flatter your Valentine with personalized gifts and see the smile on her face. So follow your heart and please your Valentine.

You see shopping malls coming up almost everywhere in India these days. Even small towns now boast of mega-malls attracting much awe from people living in bigger cities visiting them occasionally. Not to be left behind, net savvy Indians have emerged as the third biggest credit card users globally for online purchasing, next only to the Turkish and Irish e-shoppers. The facility to research and review a product on the web and the diversity of products available on it is surely a big draw. According to the data released by the “Nielsen Global Online Survey on Internet Shopping Habits”, a staggering 78 per cent of the Indian respondents (those accessing Internet) have used the Internet to make a purchase, while more than 55 per cent of the respondents have made at least one online purchase in the past one month.

The survey further reveals that online shopping has opened up new avenues, especially in the realm of traveling where Internet has made it convenient to book tickets. As many as 73 per cent Indians have purchased airline tickets/reservations in the past three months, this percentage being the highest for any country in Asia Pacific.

As per the survey, other popular items amongst Internet shoppers from India include books (46 per cent), electronic equipment (29 per cent), tours and hotel reservations (24 per cent), videos/DVDs/games (23 per cent), event tickets (23 per cent), clothing/accessories/shoes (21 per cent), and music (20 per cent).

Its the time saving factor that is attracting more and more people to Online shopping in India. Also, be it any product, small or big, expensive or cheap, it’s all available on the internet from numerous websites competing to provide the best deals to attract shoppers on their site. At the end of the day, its the consumer who is the winner of this fierce competitive world of online sales.
We at TolMol strive to help you in making an informed buying decision by bringing all these deals from different websites at one place. So, what are you waiting for, go ahead and get that best deal, without the fear of facing a traffic jam and the huge weekend crowd at the mall!