Spending is also being supported by a strong job market and the impact of income tax cuts ... economist at CE. Retail sales data are only a good guide to private goods consumption, and the ABS's ...

with investors digesting more economic data as well as earnings from the retail sector. At 11:45 ET (16:45 GMT), the DAX... US PCE data keeps Fed rate cut hopes alive as inflation moves towards 2% ...

Hence, only half of the revenues foregone by the government by the revision will boost consumption. The income tax rebate under the new tax regime has been raised to Rs 12 lakh per annum from Rs 7 ...

Consumption is crucial for the economy amid uncertain exports and low corporate investments. The finance minister introduced significant income-tax cuts while maintaining fiscal consolidation.

Getty Images Experts suggest a diversified investment approach due to the sector's cyclical nature. “The FY26 budget pivoted to consumption from capex to provide a fillip to faltering domestic ...

and a tax building. Each icon is rendered in black lines on a white background. Royalty-free licenses let you pay once to use copyrighted images and video clips in personal and commercial projects on ...

While reaffirming its commitment to fiscal consolidation, the government has tried to stimulate consumption through tax cuts. It targets to lower the fiscal deficit to ... Higher disposable incomes ...

Quarterly retail sales volumes rose 1.0 per cent in December off the back of the holidays sales period, beating expectations of a 0.8 per cent lift in sales, Australian Burea of Statistics figures ...

An image depicting an "ambling Eurasian badger" took home first prize in Wildlife Photographer of the Year People’s Choice Awards contest on Wednesday, an international photography competition ...

“The urban middle class was surely under financial stress for several reasons. They were down spending on consumption; premium brands were not getting picked up,” he said. The Adani Wilmar CEO ...

The rate cut effected by RBI's MPC, along with Centre's income tax relief measures announced in the Union Budget will boost consumption in the coming fiscal, according to economists. The central ...