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28 Feb 2024

Kapda, Roti, Makaan! Expert Explains Rise In Consumer Spending On Clothing

Fashion expert Sakshi Nag has explained the phenomenon behind the rise of consumer spending on discretionary items like clothing.

04 Oct 2021

TikTok, PUBG Mobile becomes the most downloaded apps despite facing ban

According to the report, consumer spending on TikTok increased by 41 percent year on year (YoY). PUBG Mobile remained the highest-grossing mobile game. According to the SensorTower report, TikTok was the highest-earning app overall in Q3 2021.

retail destination ranking

20 Sep 2017

India replaces China as top retail destination in 2017: Study

The change in ranking was an outcome of four factors including increased consumer spending, beyond essentials, rising mobile and internet penetration, favourable foreign investment climate and bold action on cashless transaction and GST.

Consumer spending

05 Oct 2016

Scant growth in jobs, but consumer spending buoyant: Survey

Contrary to the perception of stunted growth in job openings or salaries, there is buoyancy in the economy when it comes to spending as one-third of the population is expected to go in for high-value items this festive season, says a survey.

13 Jan 2016

U.S. economic growth hampered by dollar, energy prices: Federal Reserve System

The U.S. economy continued to show mixed signals from late November to early January, with improvements in the labour market and consumer spending offset by the drag of a strong dollar and low energy prices, the Federal Reserve said on Wednesday.

14 May 2015

India to grow at 8.1% in 2015-16: UN report

Indian economy is likely to clock 8.1 percent growth in the current financial year, spurred by strong consumer spending amid low inflation, infrastructure projects and government's reform measures, says a UN report.

29 Apr 2015

U.S. economy stumbles in first quarter as weather, low energy prices weigh

U.S. economic growth nearly stalled in the first quarter as harsh weather dampened consumer spending and energy companies struggling with low prices slashed spending.

23 Apr 2015

South Korea`s economy perks up in first quarter

South Korea`s economy picked up momentum in the first quarter due to increased construction and consumer spending, the central bank said Thursday.

Black Friday sales

30 Nov 2014

Black Friday sales down as shopping habits change

Consumer spending during America`s Thanksgiving weekend dropped compared to last year, but the decline can be attributed to an improving economy and changing shopping habits, a survey found Sunday.

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