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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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Capex and incentives will lead capital goods sector surge by 9-11% in FY25: CRISIL Ratings

In an outlook for India's capital goods sector, leading manufacturers are poised for sustained doub…

ANI   


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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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Money can buy happiness! Just spend it on social experiences and not things, says a psychological study

Whoever said you cannot buy happiness probably wasn’t spending their money on the right stuff, it t…

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3 mins read

Modi 3.0 will offer policy continuity, but BJP's loss of outright majority may slow down fiscal reforms: Moody's

This victory indicates continuity in policy, particularly in infrastructure spending and boosting d…

ANI   


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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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Singapore and Hong Kong are the most expensive cities for the ultra-rich to spend their millions

The ranking takes into account the costs of housing and childbirth costs as well as wealthy status …

Grace Dean   


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1 min read

AI spending in India may triple to USD 5 bn by 2027: Report

He said that in 2023, major spending of USD 209 million was driven by AI infrastructure provi…

PTI   


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Americans' spending patterns are flashing a warning of a possible consumer-led recession

Consumers are pulling back on discretionary purchases, a sign that their stimulus-fueled shopping s…

Jennifer Sor   


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1 min read

The billionaire summer calendar: How the world's wealthiest business icons spend their warmer months

And while much casual billionaire-socializing will be done in passing in Europe in the Mediterranea…

Madeline Berg   


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Millennials and Gen Z's trendy new splurge: groceries

Younger generations say they plan to spend more on groceries than travel, beauty, apparel, and fitn…

Lakshmi Varanasi   


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China spends at least $230 billion trying to win the EV race, study finds

Government subsidies have played a crucial role in nurturing China's thriving EV sector and manufa…

Tom Carter   


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4 mins read

2024 LS polls pegged as costliest ever, expenditure may touch ₹1.35 lakh crore: Expert

Rao stated that this comprehensive expenditure encompasses all spending, direct or indirect, rel…

PTI   


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Chinese retail giants tried to juice spending with iPhone and Lululemon discounts in an annual shopping bonanza

618 is seen as a key indicator of China's general retail temperature — and early results were…

Shubhangi Goel   


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Indian IT sector staring at 2nd straight year of muted revenue growth: Crisil

The overall industry size is pegged at USD 250 billion and it creates over 50 lakh direct jobs.…

PTI   


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1 min read

Tesla, Amazon, Microsoft, and other tech giants are spending millions in DC. Here's who is spending the most.

Alphabet, Microsoft, Meta, and other industry leaders have spent billions in the past year alone de…

Madison Hall   


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1 min read

The US debt will surge to $56 trillion in the next 10 years as government spending outpaces revenues

The federal debt is on track to soar 64% over the next decade, notching $56 trillion, according to …

Jennifer Sor   


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4 mins read

India fourth largest military spender globally in 2023: SIPRI report

The military expenditure went up in all five geographical regions, with major spending increase…

PTI   


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6 mins read

Jacob Shamsian   


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Joe Biden is spending $50 million to remind you Donald Trump is a convicted felon

Joe Biden's campaign is leveraging Donald Trump's felony conviction with a $50 million ad blitz ahe…

Grace Eliza Goodwin