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HOUSEHOLD EXPENDITURE INCREASE
India's urban shoppers spend 13% more on FMCG but shop less oftenIndia's urban shoppers are increasing grocery spending while making less frequent trips, reflecting higher prices' impact. Online sales are...
Should you buy gold now? Experts see prices rising, but watch these risksGold prices have experienced a notable drop, creating favorable opportunities for those looking to buy during the festive and wedding seaso...
Commercial LPG price hiked by Rs 10; ATF rates up Rs 1.37 per litre from November 1From November 1, the price of a 19-kg commercial LPG cylinder increased by Rs 10 to Rs 2,820. Aviation turbine fuel prices have also risen ...
- Gurgaon man pays Rs 20,000 rent, takes bike trips to mountains, says Rs 30 lakhs a year is enough; blames people for spending too much
A LinkedIn post questioning whether Rs 30–50 lakh a year is enough to live in Gurgaon has sparked a debate. The author recalled paying Rs 2...
Indian households shifting spending towards non-food items, services as consumption patterns evolve: ReportIndian household consumption is likely to become increasingly diversified, with spending gradually moving beyond food essentials towards no...
India lifted 496 million people out of poverty between 2011 and 2023, says World BankBetween 2011 and 2023, India successfully elevated about 496 million people from poverty, showcasing a significant reduction in those livin...
45.6% of Indian households use digital channels for at least one purchase: ReportAround 45.6 percent of Indian households currently utilize online shopping and digital payments for various purchases. Despite this growth,...
Jio Platforms is becoming more than a telecom company: Dolat CapitalJio Platforms is poised to evolve beyond telecom as tariff hikes, 5G monetisation, home broadband and enterprise digital services drive its...
Fed holds rates as inflation stays high, signals more hikes amid AI boom and energy costsThe Federal Reserve held its key rate steady at around 3.9%, signaling cautious optimism about inflation trends. Chairman Kevin Warsh empha...
Brands need to shift to ‘Bharat-first’ strategy as digital usage growsTo effectively connect with rural customers, brands should embrace a 'Bharat-first' advertising philosophy. Digital channels are increasing...
US Fed expected to hold rates as Iran war fuels inflation concernsThe US Federal Reserve is widely expected to hold interest rates steady as rising energy prices linked to the Iran war fuel inflation conce...
Jio Platforms' post-IPO playbook: What's ahead for No. 2 of Dalal Street?Reliance Jio Platforms made a blockbuster stock market debut, listing at a 21.4% premium and reaching a $131.5 billion valuation. After Ind...
RBI may raise repo rate to 6.25% by 2027 amid inflation risks: Deutsche BankThe Reserve Bank of India is anticipated to raise the repo rate to 6.25% by mid-2027. This increase is driven by persistent inflationary pr...
Gold lingers near three-month low ahead of Fed policy meetingGold prices dipped close to a three-month low, reflecting worries from investors as the Federal Reserve meeting approaches. While an intere...
BlackRock stays cautious on Indian equities despite cheaper valuationsBlackRock Investment Institute has not yet adopted a bullish stance on Indian equities due to ongoing uncertainties. The firm anticipates g...
India must avoid copying China's aggressive tax policies on private wealth and offshore assetsDeveloping economies often look to the US and China for cues on taxation, infra spending and policy. India, for one, must steer clear of em...
Global Market: BOJ's Himino says Japan inflation near 2% target, signals further rate hikesBank of Japan Deputy Governor Ryozo Himino says underlying inflation is nearing the central bank’s 2% target, while accommodative financial...
Tech giants' AI spending to exceed $1 trillion in 2027, lift US growth: UBSMajor technology companies are projected to invest more than USD 1 trillion in artificial intelligence infrastructure by 2027. Reports indi...
Heating bills may rise 21% for some US homes, while others could pay less. Who will feel the heat this winter?American households dependent on heating oil are in for a tough financial season, as the U.S. Energy Information Administration forecasts a...
Who will pay for today's optimism if AI goes wrong? CEA Anantha Nageswaran answersChief Economic Adviser Anantha Nageswaran raised concerns over the financial risks linked to artificial intelligence. He stated that financ...