Page 4 - Consumer Spending

Maruti unveils festive offers for govt staff with benefits upto Rs 11,000

The company is seeking to further boost demand with its offer after the recent leave travel concession (LTC) cash voucher scheme announced by Finance Minister Nirmala Sitharaman

India witnessing V-shaped recovery, govt steps to spur economic growth: FM

Sitharaman mentioned that recovery and rehabilitation efforts in these countries must not be allowed to be undermined in any manner, a Finance Ministry statement said

Avail of cash scheme if you have planned expenses in festive season

Employees need not miss out on LTC benefit in the current block of 4 years

Cash vouchers, Rs 10k festival advance: Key announcements by FM Sitharaman

Here are the key announcements made by FM Nirmala Sitharaman

Fiscally restrained govt tries new formula to boost festive consumer spend

The government will also give interest-free 50-year loans to the States for capital expenditure of Rs 12,000 crore

Stimulus 2.0: FM bets on demand gain for revival. Will the needle move?

The LTC tweak and festival advance will nudge government employees to spend Rs 36,000 crore extra this year

Stimulus 2.0: FM's booster to spur consumer spending, albeit marginally

Redirecting LTC to buy consumer goods a dampener for tourism, says industry

Top headlines: Govt announces Rs 73k cr stimulus, power returns to Mumbai

From Nirmala Sitharaman announcing schemes worth Rs 73,000 cr to boost consumer demand to FB appointing Sunil Abraham for tech policy, Business Standard brings you top headlines of the day

Govt trains guns on boosting consumer & capital demand with Rs 73K cr push

The govt estimates that today's announcements will give a Rs 73,000 cr boost to demand in the economy in this financial year

US election: Rise in consumer confidence could boost vote for Donald Trump

Confident consumers are more likely to part with their cash rather than saving it, and stronger household spending lifts the economy

44% households feel they're spending more to get less, says survey

Indicates Covid-19 pandemic has upended the household budget

Small positive growth can't be ruled out despite Covid lockdown: Rangarajan

Noting that the lockdown has put a brake on the economy, the paper suggested that the need to kick start the economy and move it forward has become urgent

US economy sees revival, consumer spending rises a moderate 1.9% in July

US consumers increased their spending by 1.9% last month, a dose of support for an economy struggling to emerge from a pandemic that has held back recovery and kept roughly 27 million people jobless

US economy is reliant on consumer spending: Can it survive Covid-19?

Today's consumer society emerged after the end of World War I, fueled by the emergence of the modern advertising industry and facilitated by widespread adoption of consumer credit

Maggi noodles to chyawanprash: What India has been spending on in pandemic

Consumers around the world are showing an increased interest in safeguarding their health and boosting their immunity

US June consumer spending up 5.6%, but Covid-19 could stall gains

So deep was the pullback in the spring that even with two months of gains, consumer spending was still down at a record annual rate of 34.6% in the April-June quarter

The rise and rise of the attention economy

Advertising, as a business, has always been about attention

Japan's retail sales extend fall in May as Covid-19 hurts consumer spending

The sustained downturn in demand raises risks that the world's third-largest economy could remain mired in recession longer than expected and a revival may be more sluggish

Used car trade could rev up auto revival as consumer turns budget-conscious

Bookings, sales perk up for hatchbacks, cars between Rs 4 lakh and Rs 6 lakh

Covid-19: Average card spend falls 25% as shopping, travel take back seat

With malls and shops closed, spending avenues are practically non-existent.