discretionary-spending News

Urban India's spending appetite is back, but cautious

New Delhi: A calmer inflation outlook and recent tax relief have given India's urban consumers room to breathe, and to spend. Deloitte's latest consumer survey shows a rebound in discretionary spending, especially in leisure, restaurants, electronics and household goods. The upcoming festivals and easing prices are nudging households to loosen their wallets, even as job-related anxiety threatens to temper the mood. "Consumers remain financially confident, supported by easing price inflation con ...Read More >