NEW DELHI: Some of India’s top lenders and shadow finance companies are helping fuel demand among consumers wanting to splurge on everything from clothes to two-wheelers and homes, offering hopes of a consumption-driven recovery in Asia’s third-largest economy. Businesses are expecting sales during Diwali – the Hindu festival of lights – will pick up to levels seen before the pandemic struck early last year. That is in part because financiers, sitting on a huge pile of excess cash, are eager to

massive deficit aid spending in advanced countries combined with wider trade gaps for medical supplies

. Although there are underlying risks which could hamper private consumption or consumer spending

PETALING JAYA: Consumer spending in Malaysia is set to stay on an upward trajectory this year

consumer spending will likely see the economy experiencing a moderation in growth in the second half

consumer spending will likely see the economy experiencing a moderation in growth in the second half

incomes pushed consumers to spend generously. Retail sales of consumer goods grew 8.2% year-on-year( y

minimum wage will lead to better spending power for the public, say economists. Sunway University

income and higher cost of living, according to a Reserve Bank of India( RBI) survey. The current

BERLIN: German business expectations edged higher though remained stuck at depressed levels amid a