consumer spending
Trump Tariffs Driving Up Living Costs for Majority of Americans, Survey Reveals Impact on US-India Trade
Nov 05, 2025 11:55 am CST
A new ABC News/Washington Post/Ipsos survey reveals that most Americans are experiencing higher living costs due to President Trump's tariff policies, with 70% reporting increased grocery expenses. The impact extends to US-India trade relations, where India's exports to the US have fallen by 37.5% between May and September 2025 following the implementation of 50% tariffs. The economic consequences are being felt across political affiliations and various consumer sectors.
China's Economic Growth Declines to 4.8% Amid US-China Trade Tensions and Domestic Consumption Challenges
Oct 20, 2025 01:44 pm CST
China's economic growth has fallen to 4.8% in Q3 2025, the lowest rate in a year, as the country faces heightened trade tensions with the US and persistent domestic consumer weakness. This economic slowdown comes as Chinese officials prepare for critical trade talks with US representatives and a key Communist Party meeting focusing on the next five-year economic development plan, with Beijing increasingly pressured to shift from export dependency toward domestic consumption-driven growth.
India Achieves Record-Breaking Navratri Sales Following GST Reforms: Automotive and Electronics Sectors Lead Consumer Boom
Oct 03, 2025 05:40 pm CST
India's consumer economy records its highest Navratri sales in over a decade, driven by the Modi government's NextGen GST reforms. The automobile sector saw extraordinary growth with Maruti Suzuki doubling sales and delivering 1.65 lakh vehicles in eight days. Consumer electronics retailers experienced significant increases, with Haier reporting 85% sales growth and strong demand for premium products. The rationalization of tax rates has stimulated confident consumer spending across essential and aspirational categories.
AC, TV Dealers See Spike In Sales On Day One As Lower GST Rate Takes Effect
Sep 23, 2025 08:51 am CST
As lower GST rates take effect on Monday, sales of air-conditioners, TV sets surged dramatically with buyers rushing to grab cheaper deals offered by retailers at the beginning of the Navratra festival.
PM Modi To Address Nation Shortly. Suspense Over Subject
Sep 21, 2025 07:12 pm CST
PM Modi To Address Nation At 5 PM Today