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Consumer spending in India News

retail destination ranking

20 Sep 2017

India replaces China as top retail destination in 2017: Study

The change in ranking was an outcome of four factors including increased consumer spending, beyond essentials, rising mobile and internet penetration, favourable foreign investment climate and bold action on cashless transaction and GST.

Consumer spending

05 Oct 2016

Scant growth in jobs, but consumer spending buoyant: Survey

Contrary to the perception of stunted growth in job openings or salaries, there is buoyancy in the economy when it comes to spending as one-third of the population is expected to go in for high-value items this festive season, says a survey.

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