Consumer Spending News - Latest Updates & Headlines
Credit card spending hits 7-month low, average spend per card down to Rs 15,295: Report
New Delhi, April 5: Credit card spending hit a 7-month low amid persistent decline, according to a report by ACMIIL, a stock market firm.
Credit card spending in India sees 14 pc growth at Rs 1.84 lakh cr in Jan
Mumbai, March 4: Total credit card spending in India reached Rs 1,84,100 crore (Rs 1,841 billion) in the month of January, marking a strong 14 per cent growth (year-on-year), a report showed on Tuesday.
Retail sales record 5 per cent rise in January
Mumbai, Feb 27: Retail sales in India recorded a 5 per cent growth in January this year compared to the sales in January 2024, according to the latest survey released by the Retailers Association of India (RAI).
India's retail sector registers modest growth of 5 per cent in January
Mumbai, February 26: India's retail sector witnessed a 5 per cent sales growth in the retail sector from January 2025 compared to the same time period last year, according to the 58th Retail Business Survey of Retailers Association of India (RAI).
Earning Indians allocating over 33 pc of income towards paying loan EMIs: Report
Bengaluru, Feb 19: As private consumption surges in India, earning individuals across all city tiers are allocating more than 33 per cent of their income (on average) towards paying loan EMIs, a report showed on Wednesday.
Indian retail sector shows modest growth of 5 per cent in December, overall consumption remains subdued
New Delhi, January 27: The Indian retail sector has witnessed a sales growth of 5 per cent in December 2024 compared to the same festive time period last year, according to the Retailers Association of India's(RAI) 55th Retail Business Survey released on Monday.
Credit card usage in India grows as consumers finance consumption needs
New Delhi, Jan 27: Credit card usage in India grew at 34 per cent in the September quarter of 2024, compared to 26 per cent in the same period in 2023, as consumers increased spending on their existing credit cards to finance their consumption needs, according to a report on Monday.
India's restaurant industry shows signs of recovery; International brands will have edge: Report
New Delhi, January 15: The Indian restaurant industry is witnessing a steady recovery and growth momentum, with December marking a notable acceleration in activity, according to a report by Macquarie Equity Research.
India's per capita nominal GDP to increase by Rs 35k in FY25 despite slower overall growth: SBI
New Delhi, January 8: Despite a slowdown in real GDP growth and stagnant nominal GDP growth, per capita nominal GDP is expected to rise significantly in FY25, according to a report by the State Bank of India (SBI).