New Delhi [India], November 14: India stands at a defining economic moment. As the country advances toward becoming one of the world's largest consumption-driven economies, the patterns of household spending, saving, and investing are undergoing a major structural shift. Rising incomes, rapi
"I want to thank the people of Bihar. The government will work with great enthusiasm and calibre for the people. The mandate that has been given to us will inspire us to spend more energy in developing Bihar. The double-engine government will ensure that PM Modi's help for the scheme rema
Pune (Maharashtra) [India], November 14: While India's post-pandemic travel boom continues to surge, a fundamental problem persists travellers spend an average of 20-30 hours researching and planning a single international trip, only to settle for generic packages that rarely match their per
Kolkata (West Bengal) [India], November 13: The Indian Institute of Management Calcutta, in collaboration with TimesPro, has opened admissions to the fifth cohort of the Executive Programme in Healthcare Management (EPHM). With India's healthcare spend projected to rise from 3.3% to 5% of
Mumbai (Maharashtra) [India], November 13: India's payment landscape is evolving. Alongside familiar and widely trusted ways of paying such as Debit Cards, UPI, and net banking, many consumers are now also choosing to use Credit Cards for their everyday purchases. This shift is not about rep
Bengaluru (Karnataka) [India], November 12: India's financial sector continues to evolve with structural shifts across technology, policy, demographics, and social behaviour. These long-term trends, often referred to as megatrends, are reshaping how individuals save, borrow, spend, and inves
The Indian information technology (IT) sector is expected to register improved second half of the current financial year, supported by AI-led projects, better client engagement, and an uptick in discretionary spending, according to a report by Centrum Research.
Credit card spending in India rose sharply by 23 per cent year-on-year (YoY) to Rs 2.17 lakh crore in September 2025, driven by festive season offers, GST rate cuts, and a rise in card issuances that boosted discretionary consumption, according to a report by CareEdge.
Urban spending is expected to witness a broader revival through the third quarter of financial year 2026 (FY26), with discretionary categories such as jewelry showing resilience and supply-side disruptions gradually easing.
Rural India continues to lead the country's consumption recovery, outpacing urban demand despite income tax cuts and GST 2.0 reforms aimed at stimulating city-based spending, according to Motilal Oswal Financial Services Ltd. (MOFSL) in its latest ECOSCOPE report titled "Rural Rules, Urban F
"Whenever you all go home, visit your school and interact with the students and spend a day with them. The students and the school will remember you for life. Select three schools for one year and visit them," said PM Modi.
Japan plans to raise defence spending by including space, aviation, and infrastructure projects beyond the Defence Ministry. Prime Minister Sanae Takaichi aims to reach 2% of GDP by fiscal 2025, accelerating previous targets, amid China's assertiveness and US pressure for Japan to shoulder m