Consumer Spending News
China’s abrupt and severe response to outbreaks has hit businesses, hindering efforts to keep the economic recovery on track
The government's booster measures for MSMEs drew a mixed response from the startup community with many believing the package will benefit startups, even as others disagreed.
Warren Buffett calls coronavirus outbreak 'scary stuff,' but says he won't be selling stocks despite threat of pandemic
Buffett said investors with a 10-to 20-year time horizon and focused on companies' earnings power will fare well in stocks, and that the outbreak has "not changed" his long-term outlook
ArcelorMittal's shares up 2.5%, demand recovery to remain sluggish in near term; all this and more on Moneycontrol Pro
ArcelorMittal’s shares rose by 2.5% on Friday, the day the Supreme Court cleared its acquisition of Essar Steel.
Missing consumer expenditure survey: Everyone knows what the numbers signal; opaqueness will only widen trust deficit
One just needs to look at the sales figures of auto makers, FMCG companies and state of the manufacturing and construction sector to understand where does the consumer confidence indicators point at this stage.
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RBI's decision to lower benchmark interest rate will boost investment and buttress consumer spending amid "growth concerns", provided banks transmit the reduction, industry bodies said on Thursday
India poised to become third-largest consumer market; spending expected to grow to $6 trillion by 2030: WEF
If realised, this would make India's consumer market the third-largest in the world, behind the US and China,
Indian economy expanded 8.2 percent in the April-June quarter, its fastest pace in more than two years, driven by solid growth in manufacturing and consumer spending
India's gross domestic product (GDP) amounted to $2.597 trillion at the end of last year, against $2.582 trillion for France.
Services and manufacturing activity contracted at their fastest rate in years in July, the month that the GST was launched.
Bigger concern of the lingering cash shortage and its impact on the overall economy in the coming months triggered panic selling in stocks of sectors which had direct bearing due to the note ban decision
Negative or neutral likes or comments on a product on social media platforms may influence a buyer as well as impact its sales and revenue, a study by researchers here, including one of Indian-origin, has showed.
The cancellation of 500 and 1,000 rupee notes ($7.3 and $14.7), more than 80 percent of currency in circulation, threatens to push Asia's third-largest economy into a liquidity crisis.
Rapid growth in personal incomes combined with a more open domestic market to make India an increasingly attractive market for foreign companies
HUL reported an 18 percent rise in quarterly profit, beating estimates, helped by a revival in consumer spending and lower raw material costs.
Hindustan Unilever , controlled by consumer goods giant Unilever, warned India's consumer spending will remain weak as the economy sags after its own profit rose 8 percent on robust sales of soaps and detergents.<br />
Finance Minister P Chidambaram today expressed hope that the Reserve Bank would be able to reduce key interest rate with the further easing of inflation.
Consumers splurged on daily household items, clothes and durables during the Independence Day week and on end-of-season discount sales, but raw material prices are keeping companies from profits.