Skip to content 
Search

Latest Stories

Big fat Indian wedding goes on a diet as slowdown bites

India's weddings are famously lavish -- lasting days and with hundreds if not thousands of guests -- but this season many families are cutting costs even if it risks their social standing.

It is symptomatic of a sharp slowdown in the world's fifth-largest economy, with Indians spending less on everything from daily essentials to once-in-a-lifetime celebrations.


Growth has hit a six-year low and unemployment a four-decade high under prime minister Narendra Modi. Prices are rising too, squeezing spending on everything from shampoo to mobile data.

Chartered accountant Palak Panchamiya, for example, has already slashed the budget on her upcoming Mumbai nuptials by a third, trimming spending on clothing and the guest list.

"Initially I chose a dress that cost 73,000 rupees ($1,000)," Panchamiya said as she picked through outfits at a recent marriage trade fair.

"But my partner felt it was too expensive, and so now I am here reworking my options and looking for something cheaper."

India's massive wedding industry is worth an estimated $40-50 billion a year, according to research firm KPMG.

The celebrations can last a week and involve several functions, a dazzling variety of cuisines, music and dance performances, and lots of gifts.

Foreigners can even buy tickets to some events.

But these days, except for the super-rich -- a recent Ambani family wedding reportedly cost $100 million -- extravagance is out and frugality is in as families prioritise saving.

"Earlier Indian weddings were like huge concerts, but now things have changed," said Maninder Sethi, founder of Wedding Asia, which organises marriage fairs around the country.

- Cash ban -

Cracks emerged in 2016 when the Indian wedding season, which runs from September to mid-January, was hit by the government's shock withdrawal of vast amounts of banknotes from circulation in a bid to crack down on undeclared earnings.

Mumbai-based trousseau maker Sapna Designs Studio shut for months as the economy was turned on its head by Modi's move.

"No exhibitions were happening and there were no avenues for us to sell either," said Vishal Hariyani, owner of the clothing studio.

Hopes for a recovery proved short-lived when the cash ban was followed by a botched rollout of a nationwide goods and services tax (GST) in 2017 that saw many small-scale businesses close.

Since then, keeping his studio afloat has been a challenge, with consumers increasingly reluctant to spend too much, says Hariyani.

"We customise our clothes as per their budgets, and now week-long weddings have been converted to just a 36-hour ceremony," he said.

"We have to pay GST, pay workers and even offer discounts to customers," he added.

- Sadness and shame -

Analysts say gloomy economic conditions have pushed India's middle class to pile their cash into savings.

"The whole economy has slowed down and reduced spending on weddings is a by-product of that. Everyone except the super-rich are affected," Pradip Shah from IndAsia Fund Advisors said.

"It is reflective of how sombre the mood is," he said.

In a country where families traditionally spend heavily on weddings -- including taking on debt in some cases -- the downturn is also a source of sadness and shame, with elaborate celebrations often seen as a measure of social status.

"We haven't even invited our neighbours. It is embarrassing but the current situation doesn't offer us much respite," 52-year-old Tara Shetty said ahead of her son's wedding.

"In my era, we always spent a lot and had thousands of people attending the weddings," she explained.

"My wedding was supremely grand, and now my son's is the polar opposite."

More For You

Aaradhya Bachchan

Abhishek Bachchan says Aishwarya Rai is fully responsible for Aaradhya’s upbringing

Getty Images

Abhishek Bachchan praises Aishwarya Rai for raising Aaradhya without phone or social media

Quick highlights:

  • Abhishek Bachchan credits Aishwarya Rai for taking the lead in daughter Aaradhya’s upbringing.
  • Says Aaradhya, now 13, has no phone and stays away from social media.
  • Calls Aishwarya “selfless” for prioritising parenting over everything else.
  • Slams online gossip surrounding their marriage as baseless and insensitive.

Actor Abhishek Bachchan has dismissed recent speculation around his marriage with Aishwarya Rai Bachchan, instead shining a light on her unwavering dedication as a mother. In a recent chat, he spoke warmly about their 13-year-old daughter Aaradhya, revealing that she neither owns a mobile phone nor uses social media, something he attributes to Aishwarya’s hands-on parenting.

 Aaradhya Bachchan  Aaradhya Bachchan has no access to social media or a personal phoneGetty Images

Keep ReadingShow less
Nintendo Switch 2 demand exceeds

To address the ongoing demand, Nintendo is working to increase production

iStock

Nintendo Switch 2 demand exceeds supply globally, says company president

Key points

  • Nintendo Switch 2 demand outstripping supply in several countries
  • Over 2.2 million applications submitted in Japan’s lottery sales
  • Nintendo held four purchase draws, with a fifth scheduled for early July
  • Company aims to strengthen production and supply to meet demand
  • Switch 2 had the biggest launch in Nintendo history

Strong demand leads to shortages

Nintendo president Shuntaro Furukawa has confirmed that demand for the Nintendo Switch 2 has surpassed available supply in many regions. Speaking during the Q&A session of the company’s 85th annual general meeting of shareholders, Furukawa addressed concerns about ongoing stock shortages.

Keep ReadingShow less
Ranveer Singh

Ranveer Singh in a still from Lootera that captured his most restrained performance

Twelve years of 'Lootera': 5 reasons Ranveer Singh’s most understated role still holds up

Quick highlights:

  • Ranveer’s subtle performance in Lootera marked a major shift from his usual high-energy roles.
  • The 1950s-set romantic drama became a career milestone for the actor.
  • His restrained, emotionally complex portrayal earned long-term critical acclaim.
  • The film showcased a successful collaboration with director Vikramaditya Motwane.
  • As Dhurandhar builds buzz, Lootera reminds us of Ranveer’s range.

Twelve years ago, Ranveer Singh surprised audiences with Lootera, a period romance that asked him to do something unfamiliar: stay still. Set in 1950s Bengal and directed by Vikramaditya Motwane, the film gave Ranveer the space to deliver one of his most subdued and mature performances. No outbursts. No spectacle. Just quiet heartbreak.

  Lootera released in 2013 and marked a stylistic shift for Ranveer Singh Prime Video  

Keep ReadingShow less
Ping Pong restaurant chain shuts all UK branches

The chain had also gained a following for its themed brunches

iStock

Ping Pong restaurant chain shuts all UK branches after 20 years

Key points

  • Chinese dim sum restaurant Ping Pong has closed all its UK locations
  • The chain made the announcement via social media
  • Founded in 2005, the brand thanked customers and staff for their support
  • Loyal diners shared memories and disappointment in the comments

All branches are permanently closed

Chinese restaurant chain Ping Pong has permanently closed all its branches in the UK, the company confirmed in a social media announcement.

Founded in 2005 by restaurateur Kurt Zdesar, the dim sum chain had become popular for its stylish interiors, creative menus, and Asian-inspired cocktails. The company did not provide prior notice of the closure but said the decision marked the end of an “unforgettable” 20-year journey.

Keep ReadingShow less
Court to review teen's sentence in Bhim Kohli case
Bhim Kohli

Court to review teen's sentence in Bhim Kohli case

THE seven-year prison sentence handed to a 15-year-old boy convicted of the manslaughter of 80-year-old Bhim Sen Kohli is to be reviewed under the UK’s Unduly Lenient Sentence (ULS) scheme.

The Attorney General’s Office confirmed on Friday (5) that the teenager’s sentence will now be considered by the Court of Appeal.

Keep ReadingShow less