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Charting the Global Economy: Sentiment among US consumers wanesAs consumer sentiment declines in the US and Japan experiences weakening household spending, Europe faces challenges with rising bond yield...
Gold buying picks up after price correction, but shoppers prioritise affordabilityGold prices have fallen nearly 4% in a month to around Rs 1.47 lakh per 10 grams from Rs 1.53 lakh, prompting selective buying ahead of the...
Italy launches EU-backed probe into Microsoft-owned gaming companiesItaly's probe is aimed at Activision Blizzard, among other companies of the Microsoft group, the antitrust authority said in a statement, w...
RBI survey: Household inflation expectations hit 10% for next yearIndian households expect inflation to rise to 10 per cent over the coming year, driven by living expenses. The Reserve Bank of India has im...
Urban households feel the pinch as jobs, prices raise economic worriesMore than 54 percent of urban households believe that economic conditions have worsened over the past year. Concerns regarding employment a...
ET Interview: India’s aspirational middle class gives it demographic edge, says Verlinvest CEO Roberto ItaliaVerlinvest is planning to invest €1 billion in India over the next five years, reflecting the country's economic dynamism. The firm identif...
India's quick commerce market poised for seven-fold growth to USD 90 billion by FY31: ReportIndia's quick commerce market is projected to grow significantly, reaching USD 90 billion by FY2031. This growth is driven by increased pen...
US luxury spending falls for third month as wealthy shoppers turn cautious ahead of midtermsUS credit card spending on luxury brands fell by 6% from a year earlier in September. This marked the third consecutive monthly decline lea...
US trade deficit widens in August amid strong importsThe US trade deficit increased by 13.7% in August, reaching $105.6 billion. This rise reflects strong domestic demand and increased imports...
Festive cheer shifts beyond metros as consumer brands bet big on small-town IndiaConsumer brands are turning to tier-2 and smaller cities for festive-season growth as urban consumption weakens. Titan, Nykaa, Biba, Fabind...
Consumer companies score low on R&D spending amid innovation chorusIndian consumer firms are asserting their commitment to technology and innovation, yet their investment in research and development (R&D) r...
Global Market Today: Asian shares mixed as bond yields, oil keep investors on edgeContracts for the S&P 500 Index rose 0.5% after the underlying gauge erased its gains to close 0.2% lower in the final hours of Wednesday t...
US economy second quarter growth: GDP grows 2.2 percent as consumer spending and business investment riseThe US economy grew 2.2 percent in the second quarter from April to June, the Commerce Department announced recently. Consumer spending and...
US inflation rises less than expected in August; consumer spending surgesUS inflation rose less than expected in August, with the PCE price index increasing 0.3% month-on-month and 2.6% year-on-year. Core PCE ros...
US economy picks up pace, grows 2.2% as consumer spending, AI investment surgeThe US economy grew at a 2.2% annual pace in the second quarter, up from the government’s earlier 1.5% estimate, as consumer spending and b...
US consumer confidence plunges to 12-year low as households fear weaker jobs, economyConsumer confidence in the US experienced a notable decline in September, reaching its lowest level since 2014. This drop suggests househol...
US hiring appetite is healthy as economy powers aheadThe labor market in the US is poised for notable growth as nonfarm payrolls are anticipated to climb in September. Economists foresee the u...