Consumer Confidence

Consumer Confidence News

Grinding inflation clouds 'Black Friday' shopping bonanza
World

Grinding inflation clouds 'Black Friday' shopping bonanza

Consumer confidence is precarious, rattled by soaring inflation in the world's biggest economy, casting uncertainty on this festive shopping season that starts the day after Thursday's Thanksgiving holiday

COVID-19 aftermath: Funding divide among Indian startups makes survival difficult; while some bag millions, others struggle
Business

COVID-19 aftermath: Funding divide among Indian startups makes survival difficult; while some bag millions, others struggle

Funding in Indian tech-led startups rose by 14 percent in the first quarter of 2020 as compared to the same period last year, yet only 16 percent startups and SMEs have cash to survive for more than three months, revealed a recent survey

Coronavirus Impact: US economy faces historic shock, with 16% joblessness possible, says Trump adviser
Business

Coronavirus Impact: US economy faces historic shock, with 16% joblessness possible, says Trump adviser

Lockdowns across the United States to curtail the spread of the novel coronavirus have hammered the economy, shuttering businesses and sending unemployment skyrocketing

Fitch lowers India GDP growth to 4.6% in FY20; affirms country's long-term rating at 'BBB-' with stable outlook
Business

Fitch lowers India GDP growth to 4.6% in FY20; affirms country's long-term rating at 'BBB-' with stable outlook

Fitch Ratings on Friday cut India's GDP growth forecast for 2019-20 fiscal year to 4.6 percent on the deterioration in business and consumer confidence

Consumer confidence at lowest level in last nine years, don't tinker with the GST architecture; all this and more on Moneycontrol Pro
Business

Consumer confidence at lowest level in last nine years, don't tinker with the GST architecture; all this and more on Moneycontrol Pro

The Reserve Bank of India’s consumer confidence survey for November says that its current situation index is at its lowest since December 2010.

Nirmala Sitharaman is right; economy is not in a recession yet, but that doesn’t take away pain of slowdown from households
Business

Nirmala Sitharaman is right; economy is not in a recession yet, but that doesn’t take away pain of slowdown from households

A growth slowdown is, of course, a better scenario as compared to the state of recession, just like a recession is always better than a complete collapse of an economy.

Moody's message to Narendra Modi govt: Focus on land and labour reforms, regain trust of private investors
Business

Moody's message to Narendra Modi govt: Focus on land and labour reforms, regain trust of private investors

Moody's has acknowledged the measures the government has announced so far to boost the economy but has cautioned that these steps may not be enough to reverse the course of the slowdown.

Mocking Abhijit Banerjee's work ethic is bad form, govt must seek Nobel winner's counsel instead
Business

Mocking Abhijit Banerjee's work ethic is bad form, govt must seek Nobel winner's counsel instead

Over the years, Abhijit Banerjee, along with his wife Esther Duflo has done commendable work in identifying reasons for poverty on the ground through the Abdul Latif Jameel Poverty Action Lab (J-PAL), which they co-founded with Sendhil Mullainathan in 2003

PMEAC Chairman Bibek Debroy’s warning on economic slowdown shows govt’s top advisors aren’t living in denial any longer
Business

PMEAC Chairman Bibek Debroy’s warning on economic slowdown shows govt’s top advisors aren’t living in denial any longer

The PMEAC chairman’s warnings and prescriptions should be an eye-opener to the government in the present economic scenario

With consumer confidence at six-year low, government has few excuses left not to go in for a personal tax cut
Business

With consumer confidence at six-year low, government has few excuses left not to go in for a personal tax cut

Consumer confidence trend has been assessed through the current situation index (CSI) and the future expectations index (FEI)—both recorded a decline in September.

Consumer confidence dips to 6-year low in September, reveals RBI survey; people less confident about income, jobs
Business

Consumer confidence dips to 6-year low in September, reveals RBI survey; people less confident about income, jobs

Both the current situation index and the future expectations index recorded declines, the RBI said in its consumer sentiment survey report

Auto sales slowdown: Carmakers cannot sit idle waiting for a saviour; proactive approach, fresh strategy key to emerge from doldrums
Business

Auto sales slowdown: Carmakers cannot sit idle waiting for a saviour; proactive approach, fresh strategy key to emerge from doldrums

This crisis is a good opportunity for carmakers to introspect and see if they have been taking the Indian customer for granted vis-à-vis other markets.

Consumer confidence plunges by 2.9 percentage points in June amid high cost of living, dismal performance of economy
Business

Consumer confidence plunges by 2.9 percentage points in June amid high cost of living, dismal performance of economy

There is an evident pessimism towards daily spends and investment, the report said.

Demand slump continues in April: What falling car, two-wheeler sales figures tell us about state of Indian economy
Business

Demand slump continues in April: What falling car, two-wheeler sales figures tell us about state of Indian economy

While car sales largely indicate the demand scenario in urban segments, two-wheeler sales reflect both urban and semi-urban demand and tractor sales the rural India demand scenario.

Consumer confidence plummets in March on concerns of India-Pakistan conflict post-Balakot air strike: Study
Business

Consumer confidence plummets in March on concerns of India-Pakistan conflict post-Balakot air strike: Study

The India Primary Consumer Sentiment Index (consumer confidence) nosedived by 6.8 percentage points in March, found a joint survey by Thomson Reuters and Ipsos.

Consumer confidence dipped in September due to worries about savings, household expenses, finds survey
Business

Consumer confidence dipped in September due to worries about savings, household expenses, finds survey

The Consumer Confidence Index plummeted 6.6 percentage points as consumers were worried about various factors such as personal finances for day-to-day running of the household, savings and investments, said Indian Primary Consumer Sentiment Index (PCSI) for the month of October.

Consumer confidence among Indian consumers rise to four-year high, says Nielsen
Business

Consumer confidence among Indian consumers rise to four-year high, says Nielsen

As per the survey, four in five (81 percent) urban Indian respondents indicated the highest level of optimism globally on job prospects in the next 12 months.

Message to PM & FM from IIP shocker: forget politics, get to good economics
Economy

Message to PM & FM from IIP shocker: forget politics, get to good economics

The unexpected drop in October IIP is scary given that in October 2013 too the index had fallen. Clearly, the exuberance of the markets is not showing up in consumption and investment numbers

Global consumer confidence improves, India most bullish market: Nielsen
Economy

Global consumer confidence improves, India most bullish market: Nielsen

U.S. consumers were the seventh most upbeat globally, with their score rising 4 points to 108 as optimism about job prospects continued to surge.<br />