The Finance Ministry has advised all financial institutions, including the RBI, to cease wasteful festival gift expenditures ahead of Diwal...

The Union cabinet has approved a Productivity Linked Bonus of Rs 1,866 crore for 10.90 lakh Railway employees, acknowledging their commenda...

The Reserve Bank of India (RBI) is expected to announce a 25 basis points (bps) repo rate cut in the upcoming Monetary Policy Committee (MP...

India's economy benefited from the ICC Cricket World Cup, with increases in consumer spending seen across industries, particularly benefiti...

While credit card spending rose 18% from the previous year, face-to-face commerce rose 12% YoY.

The heavy election calendar will likely exert pressure on the government to boost social spending with schemes to boost annual transfers to...

Economic revival will need consumer spending to grow in the festive season, which is just weeks away.

Overall consumer spending services account for more than 52% now, says Technopak CMD

The festive period — starting with Onam and lasting till Diwali — accounts for 30-45% of annual sales.

The optimism is based on the government's continued efforts towards structured reforms including roll out of GST, which may be implemented ...

Narendra Modi had celebrated his first Diwali as a PM in 2014 with army in Siachen and second one last year on the Punjab border with Pakis...

Companies may cut their corporate gifting budgets by up to 20 per cent in view of the uncertain recovery in economic growth and spiralling ...

Apple may spend at least Rs 100 crore on the launch of its new phones in India, while Samsung is likely to spend Rs 150 crore on promotions.

Most of the retailers record double-digit sales growth, making it the best-ever revenue season for several of them this calendar year.

Despite criticism about the mission, the successful launch of 'Mangalyaan' saw the scientific community in the country hailing the mileston...

Top electronics retailers have sold most of their months-old inventory in just one week of promotional sale around the Independence Day.

The upcoming festive season will see retail players increasing their marketing spend by 20%. The retail sector missed a big opportunity aro...