Consumers expect inflation to rise 4.8% over the next year, the highest since August 2008The expected inflation rate over the next five to 10 years crept up to 2.9%
1 min read16 Jul 2021Nestle gets a boost from US consumers spending more on their pets with first quarter sales rising 2.8% against 2.5% expectation
1 min read19 Apr 2018Samsung says it is recalling about 2.8 mn washing machines in the US after reports that the top of the machine can become detached during use
1 min read5 Nov 2016Consumer spending, which has been robust in recent months, partially offset the drag from weak business investment and falling inventories in the second quarter
1 min read30 Sep 2016Samsung says that new Galaxy Note 7 replacement devices will be available at most retail locations in the US no later than 21 September
1 min read16 Sep 2016Dr. Reddy's says the company has complied with all legal requirements and will defend itself against the allegations
1 min read9 Jun 2016Nasdaq climbs 1.3% to 5,132.95, topping its record in May; S&P 500 Index adds 1% to 2,121.24, rising for a third straight day
4 min read19 Jun 2015Home grown demand and production are more important drivers of the US economy than they were a decade ago
10 min read2 Dec 2013Japan's Topix index fell 0.2% and Australia's S&P/ASX 200 Index slipped 0.2%
3 min read27 Nov 2013Household debt fell to $11.2 trillion in the first quarter compared with a peak burden of $12.7 trillion in the third quarter of 2008
2 min read14 May 2013The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared