Tag: consumer spending

In a move that has jolted investors and policymakers alike, US President Donald Trump has announced a sweeping 25% tariff on Indian imports. The new tariffs, which will come into force this Friday, have the...
India's seafood exports, especially shrimps, will be "severely" impacted due to the imposition of higher US tariff of 25 per cent plus penalty to be effective from August 1, agri-economist Ashok Gulati said on Wednesday....

Why is India’s central bank stimulating a healthy economy?

The Reserve Bank of India's recent jumbo rate cuts took economists by surprise, as many indicators point to an economy chugging along nicely....

How Americans Spend their Money

The Visual Capitalist says consumer spending represents 68% of U.S. GDP, with much of this used for housing, transportation, and healthcare costs.  Today’s graphic...

Cracks in the economy: Too much easing of loans could be a hidden peril in India’s growth story

Sanjay Malhotra, the new Reserve Bank of India governor, is right to unwind some of his predecessor’s hawkish controls on a runaway consumer-credit...

US economy grew at a solid 2.8% pace last quarter on strength of consumer spending

WASHINGTON: The US economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite...

Chinese food delivery industry faces downturn, workers’ earnings drop by 1,000 yuan

China's food delivery industry is experiencing a downturn after significant growth during the Covid-19 pandemic. Delivery workers' earnings have dropped by...

earnings season: US consumer in focus as earnings season heats up

New York: The health of the US consumer moves into the spotlight next week, with investors watching corporate earnings reports and retail sales...

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