Page 8 - Consumer Spending

RTI practised by govt: Chidambaram's dig over economic data 'suppression'

Chidambaram's remarks come after a media report cited the latest consumption expenditure survey by the NSO to claim that consumer spending fell for the first time in more than four decades in 2017-18

India's demand funk: It has people but where are the consumers

Consumer spending fell in real terms in 2017-18, its first decline in four decades, Business Standard reported Friday.

Are India's falling consumer spending and strong GDP growth in sync?

At the macro level, a similar dichotomy is visible in two sets of data released by the same institution, the Ministry of Statistics and Programme Implementation

Govt scraps NSO's consumer expenditure survey over 'data quality'

The findings of the report, published by Business Standard on Friday, showed consumer spending falling for the first time in over four decades in 2017-18

Modinomics stinks so bad govt has to hide own reports: Rahul on NSO data

The report also claimed the NSO report was approved to be released on June 19, 2019, but was withheld by the government agency owing to its "adverse" findings

Top 10 biz headlines: Consumer spend falls, telcos woes continue, and more

From the first fall in consumer spending in 4 decades to a fall in ONGC's net profit, here are the top 10 business stories for the day

Consumer spend sees first fall in 4 decades on weak rural demand: NSO data

In rural areas, it declined by 8.8% in 2017-18; in cities, it rose by 2% over 6 years

Why an increase in salary is a good time to plug the gaps in your finances

Prepay loans and hike SIP amounts before you think of discretionary expenditures

No customers: India, China retailers singing same tune amid slowdown blues

China indicated growth this year could be as low as 6%, the slowest on record, while India's expansion was the weakest in six years in the June quarter

Analysts eye festive season for consumption revival; top stocks to buy

At the bourses, Pidilite, Asian Paints, Berger Paints, Nestle and Marico have gained up to 24 per cent on a year-to-date (YTD) basis. In comparison, the Nifty50 has added nearly 1.5 per cent.

After staples, discretionary categories feel the pinch of slowdown

The downtrading trend is visible in the domestic motorcycle market too, where sales of cheaper brands have outpaced pricier ones

India set to become third-largest consumer market by 2030: WEF-Bain report

According to WEF report, growth of the middle class will lift nearly 25 million households out of poverty