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consumer spending

Diwali Sales Target: Rs 4.25 Lakh Crore

Diwali Sales Target: Rs 4.25 Lakh Crore

Mon, Oct 28, 2024

As Diwali approaches, India is projected to reach Rs 4.25 lakh crore in festive sales, driven by strong consumer demand. Amid this surge, there is a growing movement to boycott Chinese goods, with consumers opting for locally made products. This trend reflects a shift in purchasing preferences and aims to support domestic industries during the festive season.

India 360: Government's coffers are filling during the festive season, GST collection increased

India 360: Government's coffers are filling during the festive season, GST collection increased

Thu, Nov 02, 2023

Cover Story: There is bumper demand all around during the festive season, and the government's coffers are getting filled as GST collection is increasing significantly.

Despite inflation concerns, consumer spending in India expected to be high this festive season; Deloitte

Despite inflation concerns, consumer spending in India expected to be high this festive season; Deloitte

Sun, Oct 02, 2022

Coming out of the pandemic, consumers in India have expressed a strong desire to buy more discretionary products during the festive season, according to Deloitte's Global State of Consumer Tracker.

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Indians are finally spending more money on smartphones

Indians are finally spending more money on smartphones

Fri, Apr 21, 2017

Affordability of smartphones is now only one of the aspects considered while buying them while people shift focus to better features of the phones.

UK consumer spending grows at slowest rate in three years

UK consumer spending grows at slowest rate in three years

Mon, Apr 10, 2017

British consumer spending increased at the slowest annual pace in more than three years in the first three months of 2017, in a further sign that one of the economy`s main engines is losing steam as Brexit preparations begin, a survey showed on Monday.

Post-demonetisation credit profile of large corporates is likely to be neutral: India Ratings

Thu, Feb 09, 2017

India Ratings and Research has projected that post-demonetisation the credit profile of large corporates with revenue of over Rs 250 crore is likely to be neutral with no significant changes in their ratings.

Consumer spending on IoT devices worldwide to grow to $725 billion in 2017

Consumer spending on IoT devices worldwide to grow to $725 billion in 2017

Tue, Feb 07, 2017

Consumer installed IoT has increased significantly to 5.2 billion units in 2017 from 3.9 billion units in 2016.

Note Ban Impact: Corporate earnings to dip to 4% in third quarter

Note Ban Impact: Corporate earnings to dip to 4% in third quarter

Tue, Jan 10, 2017

After recording an average revenue growth of 6.3% for three consecutive quarters, corporate earnings for key sectors will likely dip to 4% for the October-December period of 2016-17, owing to the Government's demonetisation drive, said a Crisil report.

Japan December manufacturing activity expands at fastest pace in a year

Japan December manufacturing activity expands at fastest pace in a year

Wed, Jan 04, 2017

The final output component of the PMI index also rose to a one-year high of 53.8 in December.

This is how demonetisation is changing Indian spending habits

This is how demonetisation is changing Indian spending habits

Wed, Dec 14, 2016

Increasing push in cashless transactions by the government has forced businesses and traders to operate in different ways. This has also boosted consumer spends through the digital mode.

Australia's economy slows 0.5% in September quarter as government spending falls

Australia's economy slows 0.5% in September quarter as government spending falls

Wed, Dec 07, 2016

Australia`s economy contracted for just the fourth quarter in 25 years, official data showed on Wednesday, slowing the annual growth rate to 1.8% amid weaker government and consumer spending on top of softer trade figures.

Consumers, exports give US economy muscle in the third-quarter

Consumers, exports give US economy muscle in the third-quarter

Wed, Nov 30, 2016

The US economy grew faster than initially estimated in the third quarter (Q3), notching its best performance in two years, buoyed by strong consumer spending and a surge in soybean exports.

US Black Friday: More shoppers but less spent per head

US Black Friday: More shoppers but less spent per head

Mon, Nov 28, 2016

The American shopping orgy known as Black Friday lured more buyers this year but they spent less per person thanks to great bargains, an industry group said on Sunday.

How we Indians spend our monthly budget

How we Indians spend our monthly budget

Thu, Jun 30, 2016

The National Sample Survey Office (NSSO) has released survey results that show consumer spends behaviour in India. Interestingly, both rural and urban India spend a fourth of their monthly budget on communication services, i.e. voice calls and data, presumably.

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