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
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
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
The survey found people are feeling the pinch at the shops and at home. About seven in 10 Americans say they are spending more on groceries this year compared with last year. Around six in 10 say they are paying more for utilities. Roughly four in 10 say they are spending more on health care
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
Achieving the full-year Financial Year 2026 (FY26) fiscal targets appears challenging amid subdued growth in corporate and income tax revenues, according to a report by the Union Bank of India.
Singapore, October 31: Visa, the world leader in digital payments, revealed new data fans and visitors travelling further to the rest of Asia Pacific following the Formula 1TM Singapore Grand Prix race weekend.
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.