Search For "consumer spending"
India's E-commerce market projected to reach USD 300 billion by 2030: BCG
Updated : 2 weeks, 3 days ago IST
India's e-commerce market is projected to surge from its current USD 120-140 billion to USD 280-300 billion by 2030. According to a report by Boston Consulting Group (BCG), "Shoppers today move seamlessly between screens and stores, researching online, purchasing offline, and vice versa, bas
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Impact of GST 2.0 short-lived as Credit Card spends moderate, issuance rem
Updated : 2 months, 2 weeks ago IST
The impact of GST 2.0 on consumer spending has proved to be short-lived, with card spends moderating after the festive season, even as new card issuance remained healthy, according to a report by Asit C. Mehta Investment Intermediates Limited (ACMIIL), a SEBI-registered stock broker.
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High-value buying shifts to credit cards, UPI for everyday payments amid d
Updated : 2 months, 3 weeks ago IST
Credit cards continued to dominate high-value consumer spending in the country, while UPI further strengthened its position as the preferred mode for everyday payments, according to a report by Worldline.
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"India's economy is on strong footing...": Piyush Goyal on depreciation of
Updated : 3 months, 1 week ago IST
Union Commerce and Industry Minister Piyush Goyal on Wednesday said the Indian economy remains on a solid footing, saying the country has seen the lowest-ever inflation in the last few months and foreign exchange reserves continue to be strong.
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GST rate cuts fuel strong consumption growth across key sectors, Governmen
Updated : 3 months, 1 week ago IST
Sectors that benefited from recent GST rate rationalization have registered robust growth, with consumption indicators showing a significant uptick in consumer spending across essential and mass-market categories, government sources revealed on Monday.
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2.5M+ Content Creators: How Tier 2 and Tier 3 Cities Are Powering the Cont
Updated : 3 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], November 20: India's creator economy is in the middle of a major shift -- one that's no longer centred around metros. According to a recent Boston Consulting Group (BCG) report, close to 2-2.5 million monetized content creators are already influencing about $350
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GST numbers post rate cut reflect sustained consumer demand in October: Go
Updated : 4 months, 1 week ago IST
Gross Goods and Services Tax (GST) collections for October 2025 stood at Rs 1,95,936 crore, marking a 4.6 per cent rise from Rs 1,87,346 crore collected in the same month last year, according to a government release. The increase reflects strong consumer spending and trade activity, parti
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UPI tops festive season payments, transactions jump to Rs 17.8 lakh crore:
Updated : 4 months, 2 weeks ago IST
Unified Payments Interface (UPI) has emerged as the most preferred mode of payment during the festive season, reflecting strong consumer spending and a revival in demand, according to a report by Bank of Baroda.
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India is no more cheapest telecom tariff country but remains data-affordab
Updated : 4 months, 2 weeks ago IST
India is no longer the cheapest country for telecom services when compared globally, as Bangladesh and Egypt now offer lower base plan tariffs, according to a report by ICICI Securities.
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India's festive spending peaks with Rs 5.40 lakh crore in goods, Rs 65,000
Updated : 4 months, 3 weeks ago IST
Sales of Rs 5.40 lakh crore in goods and Rs 65 thousand crore in services across the country marked India's highest-ever Diwali season turnover, underscoring a historic surge in retail trade and consumer spending during the 2025 festive season.
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Nifty jumps 114 pts, Sensex opens 315 pts up ahead of Muhurat Trading on T
Updated : 4 months, 3 weeks ago IST
Indian stock markets opened higher on Monday ahead of Diwali, as festive season optimism and record shopping boosted investor sentiment.
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FMCG firms set ambitious targets as GST reforms spur consumer spending
Updated : 4 months, 3 weeks ago IST
With consumers in both urban and rural areas showing greater flexibility in spending, driven by GST reforms and easing inflation, Fast-Moving Consumer Goods (FMCG) companies have begun setting more ambitious growth targets.
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