Consumer Spending

Consumer Spending News

China's public and businesses pay prohibitive cost of keeping country virus free
World

China's public and businesses pay prohibitive cost of keeping country virus free

China’s abrupt and severe response to outbreaks has hit businesses, hindering efforts to keep the economic recovery on track

Startups hope govt announces some relief measures for sector with same generosity as for MSMEs
Business

Startups hope govt announces some relief measures for sector with same generosity as for MSMEs

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
Business

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
Business

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
Business

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.

Consumer economy in doldrums, stocks pick from analysts; read all this and more on Moneycontrol Pro
Business

Consumer economy in doldrums, stocks pick from analysts; read all this and more on Moneycontrol Pro

Use code “FREEDOM” For more information, check out the Moneycontrol website or mobile app

RBI rate cut to spur investment, boost consumer spending amid growth concerns: Industry chambers
Business

RBI rate cut to spur investment, boost consumer spending amid growth concerns: Industry chambers

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
Business

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,

Manufacturing growth eases in August on softer domestic demand; weak rupee boosts exports: PMI
Business

Manufacturing growth eases in August on softer domestic demand; weak rupee boosts exports: PMI

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 becomes world's sixth biggest economy, pushes France to 7th place in World Bank ranking
Business

India becomes world's sixth biggest economy, pushes France to 7th place in World Bank ranking

India's gross domestic product (GDP) amounted to $2.597 trillion at the end of last year, against $2.582 trillion for France.

GDP growth hits 3-year low of 5.7% in June quarter as demonetisation hurts consumer demand
Business

GDP growth hits 3-year low of 5.7% in June quarter as demonetisation hurts consumer demand

Services and manufacturing activity contracted at their fastest rate in years in July, the month that the GST was launched.

How demonetisation took the wind out of realty, automobile and FMCG stocks in just 2 months
Business

How demonetisation took the wind out of realty, automobile and FMCG stocks in just 2 months

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

Consumer spending adversely affected by social media posts
News & Analysis

Consumer spending adversely affected by social media posts

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.

Demonetisation: How cash drought at India Inc resulted in stranded trucks, unpaid workers
Business

Demonetisation: How cash drought at India Inc resulted in stranded trucks, unpaid workers

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.

Booming middle class: India's consumer spending to more than double to $2.4 trillion by FY19
Business

Booming middle class: India's consumer spending to more than double to $2.4 trillion by FY19

Rapid growth in personal incomes combined with a more open domestic market to make India an increasingly attractive market for foreign companies

HUL Q3 profit jumps 18% on higher consumer spending
Business

HUL Q3 profit jumps 18% on higher consumer spending

HUL reported an 18 percent rise in quarterly profit, beating estimates, helped by a revival in consumer spending and lower raw material costs.

More headache for Unilever? HUL warns of weak consumer spending, shares slide
Corporate

More headache for Unilever? HUL warns of weak consumer spending, shares slide

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 />

'RBI may be able to cut interest rate as inflation eases'
Economy

'RBI may be able to cut interest rate as inflation eases'

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.

Urban consumers splurge, but where are the profits?
Business

Urban consumers splurge, but where are the profits?

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.