Tag: discretionary spending

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Posted in Economy

Inflation in driver’s seat likely to stall discretionary spend

KOLKATA/MUMBAI: From mobile phones and clothes to dining out and air-conditioners, India’s recent discretionary spending recovery is coming under pressure with the Gulf war having…

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Posted in Economy

Affluent India shifts to experience-led spending, travel accounts for 58% of discretionary wallet: Report

India’s affluent consumers are increasingly shifting towards experience-led spending, with travel emerging as the dominant category accounting for 58 per cent of discretionary expenditure among…

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Posted in Economy

Indians to soon have Rs 2 lakh crore more cash in hand from GST cuts: Nirmala Sitharaman

Finance Minister Nirmala SItharaman on Wednesday said that the Goods and Services Tax (GST) rejig is set to bring to Rs 2 lakh crore in…

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