Business News/Topic/ Consumer Spend

CONSUMER SPEND

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Silver rate today has immediate support placed at $22.80 levels whereas on MCX, the white metal has immediate support placed at ₹70,000 per kg levels.

Gold rate today hits 2-month low on US debt ceiling cheer, US Fed rate hike fear

2 min read . 30 May 2023

DMart’s shares fell by 4% on Monday in reaction to Q4 results, which were declared on Saturday

DMart needs to put some zing into sales

2 min read . 16 May 2023

In Q4, Havells’ switchgear and cables & wire segments benefited from construction-led demand. (Photo: Mint)

Havells India is not completely out of the woods yet; demand prospects blurry

1 min read . 04 May 2023

Samsung's chip division reported 4.58 trillion won in losses, its first operating loss since 2009. (AFP)

Samsung Electronics logs worst quarterly earnings in 14 years

2 min read . 27 Apr 2023

FILE PHOTO: Jamie Dimon, chairman of the board and chief executive officer of JPMorgan Chase & Co., (REUTERS)

Banking crisis has increased the odds of a recession, says Jamie Dimon

1 min read . 07 Apr 2023

FILE PHOTO: Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool via REUTERS/File Photo (via REUTERS)

Tesla's 50% discount in China creates ‘havoc’ in the market

4 min read . 23 Mar 2023

A customer waits to get a receipt at a register in Target store in Vernon Hills, Ill. (File photo) (AP)

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Consumer spending is primed to fuel summer growth

4 min read . 26 Jun 2021

Food and non-alcoholic drink spending were prioritised in household budgets in 2020 (Mint)

India's consumer spending to return to growth in 2021: Fitch Solutions

2 min read . 30 Nov 2020

The economy shrank 23.9% in the June quarter as the Centre imposed a strict lockdown to contain the spread of covid.bloomberg

After RBI cue, government steps up

2 min read . 13 Oct 2020

Union Finance Minister Nirmala Sitharaman announced measures to boost demand and give a fillip to consumer spending

₹36,000 crore: Govt moves to boost consumer spending ahead of festive season

0 min read . 12 Oct 2020

The use of cash is far higher in rural areas compared to the top six metros. Photo: Mint

Cash usage at 90% of pre-covid levels

1 min read . 22 Sep 2020

Experts warn against buying something just for the reward points. Photo: iStockphoto

Credit card rewards move away from travel and towards retail benefits

3 min read . 13 Aug 2020

US retail sales jump 7.5% in June (Photo: AP)

US retail sales jump 7.5% in June, but economy still ails

1 min read . 16 Jul 2020

RBI Survey: Only 64% of Indians believe spending may increase, which is down from 76% in the previous survey round in March. (Photo: Bloomberg)

India needs consumers, but RBI survey shows it won't get them soon enough

1 min read . 05 Jun 2020

Walmart holiday quarter sales top estimates, shares jump

1 min read . 19 Feb 2019

Climate change may aggravate rural poverty

1 min read . 16 Jan 2019

‘Digital partnerships help brands reach out to a large number of consumers’

2 min read . 28 Nov 2018

The Trump administration’s official goal is for sustained GDP growth of 3%, which would well exceed the average 2.2% pace during this expansion and the Fed’s longer-run expectation of 1.8%. Photo: AFP

US GDP growth hits 4.1%, fastest since 2014, in win for Donald Trump

4 min read . 29 Jul 2018

Economists note that while the surge in consumer spending helped India post robust 7.7% growth in the March quarter, it is also a potential inflation landmine. Photo: Mint

Surge in expenditure poses policy dilemma for RBI

4 min read . 21 Jun 2018

All of this matters even more because valuations are already expensive, factoring in a revival of growth in revenue and profits. Any risk to that outlook can have a telling effect.

How can rural demand revive if rural distress is knocking at the door?

2 min read . 27 Apr 2018

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