Kinjal Shah, Senior Vice President & Co-Group Head - Corporate Ratings at ICRA, says rural spending continues to hold steady, while several policy steps are supporting sentiment in cities.
Household spending patterns in India are witnessing a major shift from basic necessities towards asset-building expenditure, highlighted a survey report by the Economic Advisory Council to the Prime Minister (EAC-PM).
Indian firms are investing an average of USD31 million in AI this year, exceeding the global benchmark of USD 26.7 million. Spending spans software, infrastructure, talent, and consulting, signalling a broad-based commitment to AI-driven transformation, the report mentioned.
India's quick-service restaurant (QSR) chains witnessed another subdued quarter in Q2FY26 as value-seeking behaviour among consumers intensified, prompting companies to double down on promotions and low-priced offerings, according to a sector review by Nuvama Institutional Equities.
Nvidia's latest results confirm that spending on artificial intelligence (AI) remains strong, underlining continued confidence in the technology's growth potential.
Trump revived his feud with Elon Musk at the US-Saudi Investment Forum, questioning whether Musk ever thanked him for past "favours." Musk later publicly thanked Trump online. Their relationship has remained tense since Musk criticised Trump's policies and launched plans for a new political
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
The IMF's new assessment warns that Pakistan faces deep corruption and governance weaknesses and must enact urgent reforms. It says improving transparency, oversight and tax systems could raise GDP by up to 6.5 per cent, while political influence and weak institutions continue to undermine p
India's growth drivers are set to shift in Q2 FY2026, with industry expected to outpace services for the first time in four quarters, even as overall GDP expansion moderates, according to credit rating agency ICRA.
India's economy is expected to have grown by around 7.5 per cent in the second quarter of the current financial year FY26, supported by a pick-up in investment activities, an improvement in rural consumption and the impact of GST rationalization, according to a research report by the State
New Delhi [India], November 15: Rathi Steel And Power Limited (BSE -504903), one of the leading players in stainless steel long products and TMT bars, has announced its Unaudited Financial Results for Q2 FY26.
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