March 31, 2026

spending

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Lollapalooza effect! India’s consumption spending set to soar: Policy trifecta of GST, tax, and rate cuts to fuel Rs 3 lakh crore surge

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India is poised for a significant boost in consumer spending as GST rate reductions come into effect from Navratri, alongside income tax relief and lower interest rates from the RBI.Analysts are calling this a “Lollapalooza effect”, a rare policy combination expected to create a multiplier impact across consumption-linked sectors, influence spending habits, and generate opportunities…

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Aditya Narayan confesses sudden fame at 18 gave him big ego: ‘I never saved a penny, was spending Rs 75,000 every month’ |

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Aditya Narayan, son of legendary singer Udit Narayan, started as a child artiste, performed globally with the Little Wonders troupe, and became a taxpayer at just seven. His rise in the entertainment industry came fast, and so did the lessons. Sudden fame, big money, and ego In a recent chat with Bharti Singh and Haarsh…

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Fiscal discipline crucial for growth; states to prioritise quality spending: RBI governor

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Emphasising the role of fiscal discipline in fostering economic growth and prosperity, RBI Governor Sanjay Malhotra on Thursday urged states to focus on the quality of expenditure and exercise prudence in off-budget borrowings.Speaking at the 35th Conference of State Finance Secretaries, themed ‘Journey towards Economic Prosperity through the Path of Fiscal Consolidation’, Malhotra highlighted the…

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US retail sales rise despite Trump tariffs: August growth beats estimates; consumer spending cushions economy

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Retail spending in the US exceeded expectations in August, rising 0.6 percent month-on-month, government data showed on Tuesday, even as President Donald Trump’s tariffs continue to impact the global trade environment. On a year-on-year basis, retail sales climbed 5 percent.The Commerce Department data highlighted that motor vehicle and parts dealers saw a 0.5 percent increase…

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Gucci, Balenciaga hacked: 7.4 million customer’s names, address, spending records stolen by cybercriminals

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French luxury conglomerate Kering confirmed Monday that hackers accessed customer data from several of its high-end brands, including Gucci, Balenciaga, and Alexander McQueen, potentially affecting 7.4 million customers worldwide. The cybercriminals, identified as the notorious ShinyHunters group, stole names, email addresses, phone numbers, home addresses, and detailed spending records showing individual purchase amounts ranging from…

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