Category : Search result: consumer spending China


Premium Gadgets Dominate Festive Sales Post-GST Cuts

India's festive season witnesses unprecedented demand for premium electronics as GST reductions and attractive financing options drive consumers toward high-value purchases. Discover how smartphones, laptops, and appliances dominate shopping carts.

India's Consumption Boom to Drive 7% GDP Growth

SBI Capital Markets report reveals India's domestic consumption is becoming the primary growth engine, potentially offsetting global trade challenges and positioning the economy for robust 7% expansion.

Hospital to refund ₹1.65L for COVID overcharging

In a landmark judgment, the District Consumer Disputes Redressal Commission mandates a private hospital to refund excess COVID treatment charges to a Mohali resident, setting a precedent for medical billing accountability.

China's Consumption Crisis: Economic Engine Sputters

As China's Communist Party gathers for its annual meeting, a deepening consumption crisis threatens economic growth. Discover why Chinese households are tightening their belts despite government stimulus efforts.

₹67,928 Crore Pre-Poll Spending in 8 State Elections

Exclusive analysis reveals staggering government expenditures totaling ₹67,928 crore across eight Indian states in the run-up to recent assembly elections, raising questions about poll timing influence.

Diwali Retail Sales Hit ₹6 Trillion Record

India's festive season witnesses unprecedented retail growth as reduced GST rates boost consumer spending, with CAIT data revealing remarkable economic resurgence.

Diwali Sales Cross ₹6 Lakh Crore Record in India

India's festive season breaks all records as Diwali sales cross ₹6 lakh crore, marking unprecedented growth in consumer spending across sectors. CAIT reports remarkable 18% increase from previous year.

China Communist Party Launches Major Internal Purge

The Chinese Communist Party initiates sweeping internal investigations targeting military and financial sectors, raising global concerns about political stability and economic implications.

Trump Confirms 2026 China Visit, Seeks Fair Trade Deal

Former US President Donald Trump announces plans to visit China in 2026, emphasizing fair trade negotiations and improved bilateral relations with President Xi Jinping. Exclusive details on his diplomatic strategy.

GST Cut on Affordable Clothing: 200 bps Revenue Boost for Retail

In a major relief for consumers and retailers, GST rates on apparel below ₹2,500 have been significantly reduced. This strategic tax cut is projected to boost sectoral revenue by 200 basis points, revitalizing India's fashion retail industry and making fa

GST Reforms Spark FMCG Boom in India

India's FMCG sector experiences unprecedented growth as GST reforms boost consumer spending. Major companies like HUL, ITC, and Nestlé expand operations and set ambitious targets amid economic optimism.

GST 2.0 Brings Price Stability to Pune Diwali Markets

Pune's Diwali markets experience unprecedented price stability under GST 2.0, bringing relief to shoppers and sellers alike. Discover how simplified tax structures are transforming the festive shopping experience.

GST Rate Cut Benefits Fully Passed to Consumers: FM

Finance Minister Nirmala Sitharaman announces complete pass-through of GST rate reduction benefits to consumers, highlighting government's commitment to consumer welfare and economic transparency.

Govt monitors 54 items for GST cut benefits

Indian government actively monitors price transmission of GST-reduced goods. 54 items under scrutiny to ensure businesses pass tax benefits to consumers effectively.

Micron May Shut China Operations After Ban Settlement

American semiconductor giant Micron Technology may soon close its operations in China, just two years after resolving a major ban dispute. This development signals escalating tech tensions between US and China.

Trump: 100% China Tariffs Not Sustainable

Former US President Donald Trump calls 100% tariffs on China unsustainable while expressing confidence in repairing US-China relations through dialogue with Xi Jinping. Get exclusive insights on potential trade policy shifts.

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