The study also revealed that 49 percent of respondents believe they can effectively handle significant unexpected expenses in the near future. Furthermore, a remarkable 75 percent of consumers reported an improved financial situation over the past year. This newfound confidence is driving increased interest in luxury brands, exotic travel, and new vehicles among Indian consumers.
Despite the rising prices of food and grocery products, as well as durable goods, the study found that the shopping plans of Indian consumers remain undeterred. A significant 55 percent expressed a keen interest in investing in popular brands for consumer durables, while 57 percent were ready to indulge in premium ingredients for food and groceries.
In the short term, consumer spending is expected to rise, particularly in sectors such as clothing, personal care (12 percent), and recreation, entertainment, and leisure (14 percent).
Diese Geschichte stammt aus der September 23, 2023-Ausgabe von The Business Guardian.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der September 23, 2023-Ausgabe von The Business Guardian.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
ATISHI TAKES CHARGE AS DELHI'S CM, KEEPS ONE EMPTY CHAIR FOR KEJRIWAL
Atishi expressed confidence in Kejriwal's return as CM, criticizing BJP's attempts to tarnish his image through OW imprisonment.
2020 defamation case filed by BJP leader against Kejriwal, Atishi proceeds
The Rouse Avenue court on Monday listed the defamation case filed against Delhi CM Atishi Marlena, former CM Arvind Kejriwal and others for consideration of arguments on charge.
Gang of auto thieves involved in stealing of high-end vehicles busted
Delhi police have busted a gang of auto lifters which was involved in stealing of high end vehicles in the national capital, it said Monday.
Rau's IAS CEO, coordinator granted interim bail
Earlier, the Delhi High Court had asked the CBI to submit a status report addressing the primary causes of waterlogging in the area and the rainfall data from that day.
Attack on turban during clash at DU's Khalsa College, FIR filed
Two groups of students clashed at Delhi University's Khalsa College, during which a student's turban fell off.
DELHI HIGH COURT: FLIPKART'S 'LATCHING-ON' FEATURE CANNOT BE USED TO SELL COUNTERFEIT PRODUCTS OR MISLEAD GULLIBLE PUBLIC
The court in the case observed that sale of the products by the two individual defendants by passing off their products as those emanating from \"Maharaja\" brand on Flipkart cannot be allowed. The court stated that, the feature of latching-on cannot be used to either sell counterfeit products, or to mislead the gullible public into purchasing products, as emanating from a particular source, when they do not so originate from the said source.
The Supreme Court in the case Suresh Khanderao Chavhanke vs.
The Tirumala Tirupati Devasthanam Trust And Other was hearing the petition filed in wake of controversy regarding the alleged use of adulterated ghee in preparing the laddus at the Tirumala Tirupati Temple.
Delhi Government To Supreme Court: Remission Pleas Stalled Due To Ex-CM Arvind Kejriwal's Incarceration Can Be Processed Now
Earlier, it has been informed by the Delhi Government to the Court that the processing of remission pleas had been stalled because the then CM Kejriwal was unable to sign the necessary files due to his incarceration.
Supreme Court Stays NGT Order Directing Punjab Government To Pay 1,026 Crores For Failure To Treat Sewage Waste
The Supreme Court in the case State of Punjab v.Union of India, UOI observed and has stayed the order of the National Green Tribunal, NGT, wherein the court directed the state of Punjab to pay 1,026 Crores to the Central Pollution Control Board as environment compensation for failure to manage legacy waste and untreated sewage.
Supreme Court Set Aside Order Dismissing FIR Quashing Petition As 'Infructuous' Due To Petitioner's Arrest
The Supreme Court in the case Vidhu Gupta v.State of UP observed and has criticized a decision of the Allahabad High Court, which declared a petition seeking the quashing of an FIR as 'infructuous' solely because the petitioner had been arrested.
