Stay updated with the latest consumer-spending news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on consumer-spending topics.
According to the latest forecast from the IMF, India's economy is set to grow by 6.6% in FY26, a testament to its solid economic backbone and adaptability. The surge in consumer spending and significant infrastructure projects are propelling this growth. The International Monetary Fund (IMF)'s recent upward revision of India's FY26 economic growth forecast to 6.6% from 6.4% earlier reflects the country's economic resilience and strong fundamentals, Commerce and Industry Minister Piyush Goyal sa ...Read More >
Mumbai: Demand for fashion and electronics saw a 15-20% jump in sales over the weekend after the government slashed GST rates on consumer goods, triggering a surge in spending particularly in northern and southern regions although heavy rains dampened turnout in parts of the east and west. The GST that took effect on Monday in categories including clothing, electronics, footwear, and groceries were aimed at reviving household spending. The timing also coincided with the onset of the festive sea ...Read More >
Mumbai: Demand for fashion and electronics saw a 15-20% jump in sales over the weekend after the government slashed GST rates on consumer goods, triggering a surge in spending particularly in northern and southern regions although heavy rains dampened turnout in parts of the east and west. The GST that took effect on Monday in categories including clothing, electronics, footwear, and groceries were aimed at reviving household spending. The timing also coincided with the onset of the festive sea ...Read More >
Dispur (Assam) [India], August 14 (ANI): The Assam Cabinet, led by Chief Minister Himanta Biswa Sarma, has taken a key decision, including amending building byelaws to ensure ease of doing business. Procurement of 500 MW power, approval of 1500 MV pumped storage project and approving financial sanction of the remaining amount of Rs. 375 crores for the continuation of Ayushman Asom Yojna to provide free medical treatment to the beneficiaries were among the key decisions taken in the meeting. Al ...Read More >
New Delhi: India's rural demand surged ahead of urban consumption in the April-June quarter of 2025, according to a new report by global research firm NielsenIQ. Buoyed by easing inflation and a favourable monsoon outlook, rural markets were instrumental in driving the packaged consumer goods (FMCG) sector's growth. The report highlighted that rural areas grew at twice the pace of cities, positioning themselves as the key drivers of volume expansion across categories. Smaller towns also contribu ...Read More >
Gurgaon: MCG additional commissioner Yash Jaluka directed bulk waste generators (BWG) across the city to ensure proper disposal of waste by private agencies who are assisting them. Giving these instructions in a meeting held on Friday, he said it is often observed that BWGs hand over their waste to private agencies, which only sort valuable items and dump the remaining waste on roads, drains, vacant land or public places. This, he said, not only affects cleanliness of the city but also poses a t ...Read More >
Kolkata: Consumer spending on ITC Ltd's fast-moving consumer goods (FMCG) grew at its slowest pace in over a decade in the last fiscal year, according to the company's annual report released on Friday. Sales of ITC's daily necessity products such as packaged food, personal care, stationary, agarbatti and safety matches grew just 4.6% year on year in 2024-25 - to ₹34,000 crore - compared with annual growth range of 9-21% in the last 10 years. While the company's FY25 annual report did not specif ...Read More >
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