Page 2 - Consumer Spending

Indian overseas spending hits all-time high of $31.7 billion in FY24

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

A bar in your home: When you want to say 'cheers' up, close, personal

If you live in a bungalow or an apartment, you can set up your drinking hole

US monthly inflation slows, consumer spending surges, reveals data

The personal consumption expenditures (PCE) price index rose 0.3% last month, the Commerce Department's Bureau of Economic Analysis said

Summer fashion style goes comfortable, environmentally sustainable

Linen, cotton, khadi among fabrics that people are wearing as temperatures rise

Rural non-food spend over 50% for first time: Consumer expenditure survey

Spending share increased on intoxicants, toilet articles, entertainment

As consumer credit grows, India's lending boom can be safer, if not slower

For lenders, however, the problem with adding new borrowers is the incremental cost

Retail malls see robust growth with addition of 3.1 million sq ft in Q4

Major Indian developers for retail malls indicated that rising demand, tight vacancies, investments, and buyer inclination, are among the significant reasons behind the robust growth

Indians' willingness to spend back at pre-Covid level, shows data

Consumer sentiment in rural India highest since Dec 2019

India likely to project higher GDP growth estimates of 7% for FY24: Report

S&P expects India, currently the world's fifth-largest economy, to grow at 6.4% this fiscal and estimates growth will pick up to 7% by fiscal 2027

Weekend spending in India rose 150% in Jan-Nov 2023 as compared to 2022

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

Consumers feel relief as wheat product prices soften during festival month

Going forward, market players feel that prices would be guided somewhat by the pace of new crop sowing and also the trajectory of liquidation of wheat inventories by government agencies

Dhanteras 2023: Gold demand robust in festive season as price softens

Pre-Diwali Dhanteras buying of gold and silver in India, the world's largest gold consumer, kick-started on a positive note on Friday on recovery of consumer demand with the softening of gold prices. Gold prices have fallen by Rs 800-1,500 per 10 gram (24 carat) from the peak Rs 63,000-level on October 28 and this has evoked buying on Dhanteras, considered the most auspicious day in Hindu calendar for buying items ranging from precious metals to utensils, with traders expecting gold sales to surpass last year's level. On Thursday, Gold prices plunged Rs 400 to Rs 60,950 per 10 grams in the national capital. Gold prices in Delhi were ruling at Rs 50,139 per ten grams, excluding taxes, on 2022 Dhanteras day. In normal years, about 20-30 tonnes of gold are sold on a Dhanteras day. Traders said footfalls are expected to pick up after 12 noon and will continue till late at night. The best muhurat to buy silver and gold on Dhanteras will start at 12.35 pm on Friday and end at 1.57 pm on

Jockey India licensee posts 7.3% fall in Q2 profit as inflation hits demand

India's malls and high streets saw lower footfall during the quarter as rising inflation forced people to tighten their belts.

Wedding affair: Here's what hot in attire, style and colours this season

What are the trends in bridal wear this wedding season? Here's a lowdown before you go shopping

Is inflation is eating into your earnings? How 50/30/20 rule can help you

According to the 50/30/20 rule, you should allocate your post-tax income into three main categories: 50 per cent for basic needs, 30 per cent for wants, and 20 per cent for savings.

China's economic growth beats forecasts as consumer spending improves

Gross domestic product increased 4.9 per cent in the July-September period from a year prior, data released by the National Bureau of Statistics showed Wednesday

SBI Cards likely to gain as higher spending expected in third quarter

The four largest players are HDFC Bank, SBI Cards, ICICI Bank and Axis Bank and they hold 70 per cent of outstanding cards and receive about 75 per cent of spends

US consumer spending rises in August, underlying inflation slows down

Consumer spending, which accounts for more than two-thirds of U.S. economic activity, gained 0.4% last month, the Commerce Department reported on Friday

Indian consumers to spend more on luxury this festival season: Study

Increased spending on back of improved finances, says Deloitte study

Indian consumer spending likely to be higher this festive season: Report

Indian consumer spending is expected to be higher this festive season, on the back of increasing purchases of celebratory items and luxury goods, according to a survey by Deloitte. Deloitte's ConsumerSignals research said that about half of the participants believe they can effectively handle significant unexpected expenses in the near future. "With the festive season nearing, Indian consumer confidence is increasing, with 56 per cent indicating their readiness to spend on celebratory items," it added. In the short term, the survey said, consumer spending is set to rise, particularly in clothing, personal care and recreation, entertainment and leisure. "These trends point to increased spending as the festive season nears," it said. Rajeev Singh, Partner and Consumer Industry Leader at Deloitte Asia Pacific said that healthy growth in India's economy is encouraging consumers to embrace premium and luxury spending. "This shift extends across consumer durables, travel, and hospitali