The impact on private final consumption expenditure is small, but discretionary spending may get a lift from the creamy layer ...

Cutting tax rates can promote growth, and conversely raising taxes can hinder it—the intellectual heritage of this line of thought stretches back to an 18th century economist. But this theory ...

The actions taken by the government are sufficient, but not solely adequate. The fiscal engine has started, and now it’s time ...

South Africa’s most populated province had the largest share of total household consumption expenditure. The Western Cape and Gauteng comprise half of the country’s household expenditure.

While public capex has been retained at its elevated level, it appears that the finance ministry believes that without a more ...

The top 5 percent of the urban population spend Rs 3,064 per head per month on consumer durables while someone in the top ...

When the population was frustrated by the economy, sometime in the 1990s, they resorted to alcoholism which led to massive ...

If we go by the financial markets' reaction, the budget signals business-as-usual approach to economic policymaking. The ...

A person in the top 5 percent of urban India spends five times what someone in the 40-50 percent bracket does on jewellery A person in the top 5 percent in urban India spend 4.5 times what one in ...

Japanese household spending rose for the first time in five months in year-on-year terms in December and at a much ...