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Karwa Chauth festivities to boost economy by ₹22,000 crore

Deeply rooted in Indian culture and spirituality, the festival of Karwa Chauth has grown into a sig…

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India will spend ₹4.25 lakh crore on 35 lakh planned weddings in Nov-Dec: PL Capital report

India will spend Rs 4.25 lakh crore on projected 35 lakh weddings planned between November to mid-D…

ANI   


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Indians credit card spending increases 19% YoY to Rs 1.7 trillion in July 2024

According to a report released by SBI Securities, the total expenditure by credit card users across…

ANI   


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Indian economy likely to grow at 7-7.2 percent in FY25,Deloitte India says

Deloitte India forecasted a 7-7.2% growth rate for the Indian economy this fiscal year, citing stro…

PTI   


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Fitch raises India's growth estimates for FY 25 to 7.2%

Investment will continue to rise but more slowly than in recent quarters, while consumer sp…

PTI   


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Tech temptations: People go for unhealthier food, spend higher when ordering on digital devices, study suggests

The study highlights how digital ordering platforms significantly shape consumer behaviour, often l…

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India to see solid domestic demand for the next 2 years, to grow at the rate of 6.5%-7%

The OECD report projects stable economic growth for emerging G20 economies, including India. India'…

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Household consumption to surge in Q2 as inflation eases, rural demand revives

Rural areas are witnessing a revival in demand, with increased purchases of fast-moving consumer go…

ANI   


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Anand Rathi anticipates Q1 FY25 GDP growth at 7%, a little lower than RBI's estimate of 7.1%

The services sector is expected to be the primary driver of GDP growth in Q1 FY25. Despite reduced …

ANI   


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Japanese shoppers are entering their spending era. Not all luxury brands stand to benefit.

Luxury brands that align with Japanese values of quality, craftsmanship, and simplicity stand to wi…

Maria Noyen   


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At Rs 2 lakh per year, Indians are among the top spenders on clothing globally: Study

Things like rapid urbanisation, westernisation, our increasing disposable incomes and a growing you…

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‘Confident’ Indians might splurge on big-ticket items in 2024

The ghost of the pandemic is now a thing of the past. Consumer confidence index which hit a five-ye…

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BJP's narrow majority could shift focus to rural spending, increased private investments: Bernstein report

The recent election results have delivered a surprise verdict, with the ruling Bharatiya Janata Par…

ANI   


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Gold continues to shine bright on Dhanteras, but should you participate in the glitter?

Legend has it that it was on this day that Lord Dhanvantari, the deity of health, appeared today, m…

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India's economic boom feels like 2003-07: Morgan Stanley

India's current world-beating economic growth rate on the back of an investment boom resembles that…

PTI   


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Festive consumption growth halved in 2024 as urban demand slacks, notes Nomura

Nomura reports festive consumption growth has dropped to 15% this year. Analysts observed slower gr…

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Indian weddings expected to generate ₹6 lakh crore in two months, CAIT says

As the wedding season begins in India, CAIT forecasts 48 lakh weddings in November and December, po…

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China's population decline is having a big impact as marriages, diamond sales, and retail spending drop

Just 3.4 million couples in China got married in the first half of 2024, a 50% decline from what wa…

Jennifer Sor   


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6 in 10 Indians slash discretionary spending as inflation bites, says PwC survey

Indian consumers are adopting cost-saving behaviors due to the financial stress caused by high infl…

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Indians increasingly spending money on mutual fund investments, insurance, trading: Razorpay analysis

Payments towards mutual fund investments, insurance, and trading have seen a massive jump in the ju…

ANI