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Spending

The right gear and clothes will make you comfortable as you carry out those tricky asanas

Updated On: 27 Jun 2024 | 6:10 PM IST

Under the agreement with the Central Florida Tourism Oversight District, Disney said it would spend at least $8 billion at the resort over a decade with a total of $17 billion invested over 10-20 year

Updated On: 13 Jun 2024 | 12:12 PM IST

Tech economy 'enjoys strong growth' due to digitisation push by central and state governments, it says

Updated On: 12 Jun 2024 | 12:39 PM IST

Transportation costs have also gone up and people are on the move for all sorts of reasons

Updated On: 09 Jun 2024 | 11:05 PM IST

The cuts put New Zealand at odds with many of its traditional partners, such as Australia and Japan, which are ramping up spending in response to China's growing military presence in the region

Updated On: 22 May 2024 | 11:44 AM IST

The yearly remittance data shows a robust inclination among Indians towards international travel, with expenditures totalling $17 billion in FY24

Updated On: 22 May 2024 | 11:03 AM IST

In FY23, there was only a 5 per cent increase in CSR spending compared to the previous year, due to which, CSR spending as a percentage of net profit fell to a six-year low of 1.87 per cent

Updated On: 17 May 2024 | 6:24 PM IST

Spending on Artificial Intelligence (AI) in the country may triple to USD 5 billion by 2027, an Intel-IDC report released on Tuesday said. According to the report, entities in India spent USD 1,703.8 million on AI in 2023. "AI spending in India is expected to increase to USD 5 billion with CAGR (compound annual growth rate) of 31.5 per cent between 2023 to 2027. By 2027 AI will be everywhere," Sharath Srinivasamurthy, Associate Vice President, IDC said. He said that in 2023, major spending of USD 209 million was driven by AI infrastructure provisioning and related software. It was followed by augmented customer service agents at USD 168.8 million, digital assistance USD 113.1 million, augmented threat intelligence USD 100.1 million and program advisors recommendation systems USD 97.1 million. "The infrastructure provisioning will continue to be the biggest contributor in overall spent," Srinivasamurthy said. Intel India Region Vice President and Managing Director, Santhosh Viswan

Updated On: 14 May 2024 | 1:46 PM IST

The payments processor earned $3.31 per share on an adjusted basis, beating estimates of $3.24 a share, according to LSEG data

Updated On: 01 May 2024 | 10:23 PM IST

Accenture now expects full-year revenue growth in the range of 1% to 3%, from its prior forecast of 2% to 5%

Updated On: 21 Mar 2024 | 11:02 PM IST

Food's weighting in the consumer price index could be lowered in the next revision of the basket of goods due to be completed by next year, the official who declined to be identified told Reuters

Updated On: 26 Feb 2024 | 7:20 PM IST

Spending share increased on intoxicants, toilet articles, entertainment

Updated On: 25 Feb 2024 | 10:32 PM IST

The government on Monday sought Parliament's nod for a net additional spending of Rs 78,673 crore in the current financial year, including Rs 10,798 crore expenditure towards MGNREGA. The second batch of supplementary demands for grants for 2023-24 was tabled in Parliament by Finance Minister Nirmala Sitharaman also provides for additional spending of Rs 9,231 crore and Rs 3,000 crore towards food and fertiliser subsidy, respectively. The supplementary demands for grants include a gross additional spending of over Rs 2 lakh crore, which would be matched by savings of over Rs 1.21 lakh crore. The proposal involves net cash outgo aggregating to Rs 78,672.92 crore, said the document tabled in Parliament. The Interim Budget for 2024-25 has pegged the government's total expenditure in the current financial year at Rs 44.90 lakh crore, up 7.1 per cent from 2022-23. Other major spending heads include Rs 9,162 crore for payments to defence services and Rs 3,890 crore towards defence ...

Updated On: 05 Feb 2024 | 3:54 PM IST

For younger generations, financial goals like buying a house and saving for retirement can feel out of reach - so they are splurging on $2,500 Chanel bags and more

Updated On: 04 Feb 2024 | 11:32 PM IST

The private sector has been going slow in adding fixed assets but squeezing out more

Updated On: 26 Jan 2024 | 1:26 PM IST

The Bill & Melinda Gates Foundation on Monday announced its largest annual budget of USD 8.6 billion for 2024, a part of which will go towards advancing health innovations. With global health budgets in decline overall, a portion of the additional funding will go towards advancing global health innovations that will save and improve lives of some of the world's most vulnerable people, including newborn babies and pregnant women living in low-income communities, it said. The budget, which represents an increase of 4 per cent over last year and is a USD 2 billion increase over the 2021 budget, comes as global contributions to health in the lowest-income countries are stalling, the foundation announced here ahead of the start of the World Economic Forum. The foundation also committed to increasing its annual spending to USD 9 billion by 2026. "We can't talk about the future of humanity without talking about the future of health," said Bill Gates, co-chair of the Gates ...

Updated On: 15 Jan 2024 | 12:55 PM IST

According to latest data released by the Controller General of Accounts (CGA) the 15 departments have cumulatively spent only 17.8 per cent of the Rs 1.45 trillion allocated in the Budget

Updated On: 04 Jan 2024 | 11:56 PM IST

Most weekend transactions were recorded during noon between 1-3 pm and evenings between 7-9 pm: Simpl 2023 Yearly Checkout Scan

Updated On: 27 Dec 2023 | 4:04 PM IST

Private sector must contribute 1.5% to such spending, he says in speech urging educational institutions to teach new technologies

Updated On: 08 Dec 2023 | 11:59 PM IST

Japan's economy slipped into a contraction in the third quarter, decreasing at an annual pace of 2.1% as consumption and investments shrank, the government reported Wednesday. Real gross domestic product, which measures the total value of a nation's products and services, fell 0.5% in the July-September period for the world's third largest economy, the Cabinet Office said. That would produce a 2.1% drop if the quarter's performance continued for a full 12 months. The downturn came after the economy grew a revised 3.7% in the first quarter and a revised 4.5% in the second quarter on an annualized basis, according to the government figures. The third quarter's performance was far worse than what had been expected, according to the financial services company ING, which had forecast an annual contraction of 0.5%. Most of the miss in the consensus forecast came from weaker-than-expected domestic demand items, such as consumer spending, business investment and inventory accumulation, Rob

Updated On: 15 Nov 2023 | 8:20 AM IST