Credit Card Issuance Growth Slows Dramatically Over Two Years Despite Increase in Spending
The growth rate for credit card issuance in India has significantly slowed over the last two years, despite occasional spikes in spending,…
HDFC Bank to Reduce Rewards Starting May; Lounge Access Tied to Spending from July on Certain Credit Cards
HDFC Bank plans to implement several modifications to its Regalia Gold and Diners Privilege credit cards over the next few months, tightening…
Experts: Extended Weekends Boost Consumer Spending on Quick Getaways
The Republic Day long weekend, occurring from January 23–26, is becoming a significant catalyst for discretionary spending among Indian…
November sees a rise in prices as American consumer spending continues, according to a key inflation report.
The Federal Reserve’s preferred measure of inflation saw an uptick in November, indicating that prices remain persistently high, while…
China’s consumer spending unexpectedly rebounded following a reduction in tariffs.
In May, China’s domestic consumption witnessed a surprising surge, providing a confidence boost to Beijing as it navigates the ongoing…
Pakistan’s 2025-26 Budget: Finance Minister Aurangzeb Raises Defense Spending to PKR 2,550 Billion Amid Growing Debt Concerns
On Tuesday, June 10, Pakistan’s Finance Minister Muhammad Aurangzeb announced the allocation of PKR (Pakistani Rupees) 2,550 billion for…
Elon Musk Criticizes Donald Trump’s Major Spending Bill, Calling It ‘Harmful to America’s Finances’
Billionaire Elon Musk intensified his criticism of US President Donald Trump’s prominent tax cut and spending legislation, urging…
Visa India Chief: Credit Card Spending Soars 4X in Tier-2 and Tier-3 Cities
India’s credit card market presents a significant untapped opportunity, as highlighted by Sandeep Ghosh, Group Country Manager at Visa India…
Pentagon Leader Cautions Against Approaching Chinese Threat, Urges Asian Allies to Increase Military Spending
US Defense Secretary Pete Hegseth cautioned on Saturday that the threat posed by China is significant and potentially urgent, urging allies in…
Survey reveals that in 2025, Indians will increase travel and spending to discover new destinations.
Indian travellers are poised to transform their holiday experiences in 2025, marked by increased travel frequency, greater spending, and a…