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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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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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3 mins read

‘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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6 mins read

Budget A-Z, for the GenZ: A fun and handy guide for major terms around upcoming Union Budget

From fiscal deficit to GDP, understand key terms to navigate the financial landscape and make the m…

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Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report

As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…

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Revenge spending effect: Household savings dip to 5 -year low

Indian households' savings fell to a five-year low in 2021-22 as rising inflation gnawed into the p…

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This is India’s decade and GDP is likely to cross $7.5 trillion by 2031, says Morgan Stanley

The strategy report titled ‘Why This is India’s Decade’ by Morgan Stanley says: “Our Next Indi…

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India projected to become world’s third largest economy overtaking Japan and Germany: S&P

India’s real GDP is expected to grow at a pace of 6.3% annually between FY2021-30 – more than the g…

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Wine vs Tea: India’s consumption trends show a sharp divergence

The categories of goods where price matters are seeing low growth in output – a reflection of deman…

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US-China tariff war could benefit several sectors in India while harming a few others

President Joe Biden imposed fresh tariffs on Chinese products to protect American workers from unfa…

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Inflation burns a hole in the pockets of India’s lower income households. From FMCG goods, flip flops to crackers, consumption takes a backseat

“Most of my pricey range of rockets and more were sold but at the lower end, there are barel…

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Indians are saving more and working longer hours to meet living expenses, says study

Urban consumers are putting less money into their piggy banks as savings have taken a hit due to in…

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India on track to become third-largest economy by 2030: Morgan Stanley

The four global trends -- demographics, digitalization, decarbonization and deglobalization are fav…

ANI   


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India’s gross savings and investments edge higher in FY22 despite inflation, says SBI Research report

India’s gross savings and investments are edging higher despite elevated inflation eating into the …

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End of revenge spending? Urban spending to taper off in the next few quarters, says Motilal Oswal

Fuelled by revenge shopping and revenge travelling, urban Indians have been spending heavily since …

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ITC's FMCG biz records 21% rise in annual consumer spend in FY23

Diversified conglomerate ITC's FMCG business has recorded a 21 % rise in annual consumer spend to n…

PTI   


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One in three Indians to spend more than ₹10,000 on shopping in the upcoming festive season, says report

33% of Indian households are likely to spend more than ₹10,000 this festive season, as per a survey…

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3 mins read

Teen girls are burdened with household chores that’s keeping them away from schools

The most acute effect has been felt by adolescent girls aged 15-18 years, says a study by an NGO. A…

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US stocks fall as the S&P 500 is about to close out its worst first half in 52 years

Both the S&P 500 and the Dow are moving toward their worst three-month stretches since the start of…

Phil Rosen   


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Indian companies pumped up ads but that didn't help sales

As digitisation spreads, more brands are now spending aggressively on advertising and promotions. …