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Retail inflation eases to 4.83% in April
The government has tasked the Reserve Bank to ensure inflation remains at 4 per cent, with a m…
PTI
Qantas mistakenly sells first-class flights at a massive discount
Qantas said the prices were "too good to be true" and, as a gesture of goodwill, has offered to reb…
Mia Jankowicz
Duty hike on crude, refined oils to hugely benefit farmers: Official
The government official also said that the decision to remove minimum export price and slashing of …
PTI
America's shopping spree is over and retailers are facing a new world of cautious consumers
76% of consumers said they planned to trade down in the next quarter, spelling trouble for the weak…
Jennifer Sor
Markets extend gains on buying in FMCG, consumer stocks; Sensex rises 100 pts
In a range-bound trade, the 30-share BSE Sensex gained for the second day in a row, rising 102.4…
PTI
Consumer staples volume will grow in the coming quarters, notes Motilal Oswal report
A marked growth is visible in the consumer staple segment, and the trajectory in volume improvement…
ANI
LVMH is waiting for China's consumers to shop at home
LVMH is continuing to spend big on marketing in China, even amid the country's economic gloom.
Huileng Tan
India’s e-commerce boom: Gen Z, small cities, and self-care trends on the rise, says Meesho
Meesho's inaugural Smart Shopper Report for H1 2024 explores evolving online shopping trends, highl…
How plunging oil prices could help the US avoid recession
Cheaper energy reduces cost burdens in manufacturing, construction, and agriculture, among other ec…
Filip De Mott
Americans are still having a lot of stuff delivered from DoorDash and Uber, and it shows how much we'll pay for convenience
DoorDash, Instacart, and Uber all reported that shoppers are still ordering food and other merchand…
Alex Bitter
Domestic gold prices surge 10% amid global price rally, central bank buying: World Gold Council
The reduction in import duty has ignited a resurgence in gold demand across India. Reports from the…
ANI
US home prices hit another record high
An index of home prices jumped 5.4% from a year ago in June, hitting a new all-time high.
Filip De Mott
Trump called inflation a disaster for consumers — and Musk blamed it on government waste
Higher food costs are pinching budgets and inflation eroded the value of savings, Donald Trump said…
Theron Mohamed
Airbnb just dropped more bad news about the US consumer
The company reported weakening demand from US customers as people book trips closer to travel dates…
Ana Altchek
The tricky way the government could lower grocery prices
While some states have price gouging laws, experts say they are either too broad or too specific to…
Ayelet Sheffey
This is what gold's record price actually reveals, according to experts
The price of gold has beaten all expectations for the year, and the forces driving it higher don't …
Dominick Reuter
Stock market today: Indexes rise after retail sales boosts confidence on the consumer and the economy
Indexes rose after a surprise 1% jump in retail sales. Bond yields jumped as traders dialed back fe…
Kelly Cloonan
Americans are the richest they've ever been thanks to soaring real estate and stock prices
Americans have a cumulative net worth of $164 trillion, far surpassing the $20 trillion in debt the…
Matthew Fox
Amid declining retail inflation, wholesale inflation in India moderates to 2.04% in July
In line with the moderation in retail inflation, wholesale inflation in India too witnessed a sharp…
ANI
Wholesale inflation falls to 3-month low of 2.04% in July as food prices ease
In April wholesale inflation stood at 1.19 per cent. As per the data, food inflation in Ju…