India's top retail trade body said on Sunday that sales during the country's Diwali festive period rose by more than 10% year-on-year, indicating "good business prospects" for small businesses. The Confederation of All India Traders (CAIT), which claims to represent tens of millions of firms across the country, said that sales of its members during the one-month festive season that ended on Saturday increased to more than 720 billion rupees ($9.7 billion).