Indian consumer spending

India’s festival season to bring some cheer to economy, say economists – Reuters Poll

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India’s festival season to bring some cheer to economy, say economists – Reuters Poll

BENGALURU: Indian consumer spending during this year’s festival season will be slightly better than in 2022, said economists polled by Reuters, but probably not enough to ramp up the speed of what is already the world’s fastest-growing major economy. The broadly optimistic survey data, taken together with expectations for 6.3% growth this fiscal year and … Read more

Indian consumer spending expected to be high this festive season: Deloitte survey

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Indian consumer spending expected to be high this festive season: Deloitte survey

Purchase of more discretionary products and indulgence in travel is likely to fuel Indian consumer spending, a report by Deloitte said. As per the ‘Global State of the Consumer Tracker’ by Deloitte, Indian consumers are willing to spend on both travel and hotel stays, and also have the intention to buy either a new or … Read more