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US economy shrinks 0.3% in Q1 as Trump tariffs kick in
Trump has signed executive orders to relax some of his 25% tariffs on automobiles and auto parts, as the import taxes threatened to hurt domestic manufacturers.
Published on Apr 30, 2025 08:28 PM IST
AP |
US retail sales surge 1.4% in March, driven by auto sector amid tariff concerns
Tariffs were likely top of mind for consumers, whose spending at motor vehicles and parts dealers rose 5.3 percent from a month earlier.
Updated on Apr 16, 2025 06:29 PM IST
AFP |
Forget markets, here are 8 other early indicators that may predict a recession
Brothels, beer, lipstick, and other unconventional indicators can be surprisingly accurate in showcasing how the economy is doing.
Published on Apr 10, 2025 10:09 AM IST
US consumers remained cautious about spending last month as inflation ticked higher
US consumers remained cautious about spending last month as inflation ticked higher
Updated on Mar 28, 2025 07:33 PM IST
AP |
U.S. economy grew 2.4% in the 4th quarter after upgrade in final growth estimate
U.S. economy grew 2.4% in the 4th quarter after upgrade in final growth estimate
Published on Mar 27, 2025 06:34 PM IST
AP |
Japan's economy grew at a 2.2% annual rate in Oct-Dec, as consumers held back on spending
Japan's economy grew at a 2.2% annual rate in Oct-Dec, as consumers held back on spending
Updated on Mar 11, 2025 10:07 AM IST
AP |
Indians spent 25% more using credit cards in September in festive season demand
This was the highest increase in six months and was due to a healthy festival demand this year as well as a favourable base effect
Published on Oct 30, 2024 08:17 AM IST
UK economy grew by slower-than-thought 0.5% in Q2
The UK economy's growth slowed to 0.5% in Q2, down from 0.6%, raising concerns for Prime Minister Keir Starmer's growth targets.
Published on Sep 30, 2024 04:01 PM IST
Bloomberg |
Deeper discounts coming? Why cars could get cheaper for you
India's auto dealers face record inventory and rising discount pressures as consumer spending remains uncertain.
Published on Sep 05, 2024 11:56 AM IST
Reuters |
China's August manufacturing slips to 6-month low
CHINA-ECONOMY/PMI (UPDATE 1, PIX):UPDATE 1-China's August manufacturing slips to 6-month low
Published on Aug 31, 2024 07:33 AM IST
Reuters |
Janmashtami drives business across India, sales exceed ₹25,000 crore
CAIT highlighted that Janmashtami and other festivals are vital to the Sanatan economy, with Janmashtami alone generating over ₹25,000 crore in transactions.
Published on Aug 27, 2024 09:37 AM IST
ANI |
Walmart’s Q2 international sales growth led by Flipkart, other markets
Walmart shares rose as much as 8.4% in New York trading, the biggest intraday gain since November 2022.
Published on Aug 16, 2024 08:46 AM IST
Bloomberg |
India's nighttime shopping surges as 24 hour retail becomes increasingly common
India's nighttime shopping increases by 60%, with seven states legalising 24 hour retail operations.
Published on Jun 28, 2024 11:09 AM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Fitch raises India's growth estimates for FY25 to 7.2%
For the fiscal years 2025-26 and 2026-27, Fitch projected growth rates of 6.5 per cent and 6.2 per cent, respectively.
Published on Jun 18, 2024 10:01 AM IST
PTI |
Philippine economy grows less expected than on weaker consumer spending
PHILIPPINES-ECONOMY/GDP (UPDATE 2, PIX):UPDATE 2-Philippine economy grows less expected than on weaker consumer spending
Published on May 09, 2024 10:59 AM IST
Reuters |
US economic growth in first quarter falls short of expectations at 1.6%
The US economy expanded less than projected in the first three months of 2024 as exports and consumer spending declined, according to the Commerce Department.
Updated on Apr 25, 2024 07:13 PM IST
Shweta Kukreti
China's economic evolution: Navigating challenges
This article is authored by Ananya Raj Kakoti and Gunwant Singh, scholars of international relations, Jawaharlal Nehru University.
Published on Sep 04, 2023 11:00 AM IST
Hindustan Times
Netherlands suffers unexpected recession on consumers, trade
The Netherlands must now confront economic pain alongside the political upheaval sparked by the resignation of long-time Prime Minister Mark Rutte.
Published on Aug 16, 2023 06:31 PM IST
Bloomberg |
Strong sales of air conditioners key to Havells India's Q4 profits: Report
Havells is popular in the Indian market for its air-conditioners and home appliances label Lloyd as well as electrical switches brand Crabtree.
Published on May 03, 2023 05:39 PM IST
Reuters | | Posted by Animesh Chaturvedi
Hutong Cat | Population: A new front emerges in tense India-China ties
China is expected to be overtaken by India as the world's most populous country in 2023. What does this imply?
Published on Apr 24, 2023 07:33 PM IST
Nestle to examine banking relationships following Credit Suisse downfall
The maker of Nescafe instant coffee and KitKat chocolate bars raised prices by 8.2% last year, but that did not fully offset the impact of increased ingredient costs on margins.
Published on Mar 28, 2023 02:56 PM IST
Reuters | | Posted by Yagya Sharma
US retail sales blow expectations in September; dark clouds gathering
New coronavirus cases are also surging across the country, which could lead to restrictions on businesses like restaurants, gyms and bars, and undercut consumer spending. The economy is already shifting into lower gear. Other data on Friday showed an unexpected drop in output at factories last month.
Updated on Oct 17, 2020 01:31 PM IST
Washington | Reuters| Posted by Susmita Pakrasi
LTC cash voucher scheme: All you need to know about it
Finance minister Nirmala Sitharaman on Monday announced LTC cash voucher scheme and special festival advance scheme for government employees with an aim to increase consumer spending.
Updated on Oct 12, 2020 02:34 PM IST
Hindustan Times, New Delhi | hindustantimes.com | Edited by Karan Manral
Coronavirus: Pre-pandemic levels not until 2023, says economist as Japan cautiously reopens economy
Japan’s economy was already hurting from a tax increase last year. Then auto exports to the US and Europe plunged when the coronavirus hit. Consumer spending is unlikely to recover quickly.
Updated on Jun 20, 2020 07:25 AM IST
Tokyo | Associated Press | Posted by Kanishka Sarkar
China’s slow recovery points to hard road back for global economy
The worry for the global economy is that if China’s apparent success in containing the coronavirus can’t stoke confidence and a quick return to normal activity, then where can.
Updated on Jun 15, 2020 12:55 PM IST
Bloomberg | Posted by Kanishka Sarkar
Unparalleled global recession underway, twice as severe as 2009: Report
Fitch said the slump in FY21 growth was mainly due to a projected fall in consumer spending to just 0.3 per cent in FY21 from 5.5 per cent a year back and a 3.5 per cent contraction in fixed investment.
Updated on Apr 23, 2020 01:07 PM IST
New Delhi | Press Trust of India
Donald Trump’s 15% tariffs on $112 billion in Chinese goods take effect
The 15% taxes apply to about $112 billion of Chinese imports. All told, more than two-thirds of the consumer goods the United States imports from China now face higher taxes.
Updated on Sep 01, 2019 09:55 AM IST
Washington | Associated Press
India’s Taj Hotel chain to sell assets as economy weakens
The Mumbai-based company’s measures to cut costs and liabilities come at a time growth in Asia’s third-biggest economy has cooled to a five-year low, while a lingering shadow-bank crisis damps discretionary spending.
Updated on Aug 08, 2019 03:40 PM IST
Bloomberg | P R Sanjai
$190 billion bank loan clean-up needed as PM Modi looks to revive growth
Investors expect Modi to complete reforms started during his first term when India instituted a time-bound bankruptcy process, putting the business community on notice by stripping assets off the biggest defaulters and selling them.
Updated on Jun 06, 2019 03:35 PM IST
Bloomberg | Upmanyu Trivedi
RBI to do away with charges on online money transfer
The meeting, first after the Lok Sabha elections, also decided to set up a committee involving all stakeholders, under the chairmanship of CEO Indian Banks’ Association (IBA), to examine the entire gamut of ATM charges and fees.
Updated on Jun 06, 2019 12:32 PM IST
Hindustan Times, Mumbai | Vivina Vishwanathan
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