MLB Winter Meetings: Michael King, Cubs, Ketel Marte in Focus
As MLB Winter Meetings begin, Michael King's free agency, Chicago Cubs' spending shift, and Ketel Marte trade talks dominate headlines. Key moves expected in Orlando.
Category : Search result: wasteful spending
Ministers' lavish spending in Nagpur defies austerity orders
Despite orders to cut costs for Maharashtra's winter session, ministers' bungalows see Rs 40 crore furniture replacement & a Rs 1.5 crore temporary dome. Read about the wasteful expenditure.
Tax Revenues Jump 30%, But Spending Still Outruns Income
India's tax revenues soared 30% in the first half of FY25, yet government expenditure grew faster, widening the fiscal deficit. Explore the details and implications for the economy.
Anthropic CEO Bullish on AI, Revenue Grows 10x Annually
Anthropic CEO Dario Amodei addresses massive AI infrastructure spending at DealBook Summit, separating tech optimism from economic risk. He reveals 10x yearly revenue growth for the AI firm. Read the full analysis.
Apple's AI Strategy: A Marathon, Not a Sprint
Apple's stock hits a record high as its patient, privacy-centric AI approach contrasts with Big Tech's costly sprint. Discover why Wall Street is betting on Apple's long game.
AI Stocks at Record Highs, But Economy Could Drag Them Down
While AI has pushed markets to record highs, mixed U.S. economic signals on jobs and consumer spending threaten 2026 earnings growth. Key Fed decision looms.
Fitch ups India's FY26 GDP growth forecast to 7.4%
Fitch Ratings revises India's GDP growth forecast for FY26 to 7.4%, citing strong consumer spending and GST reforms. It also predicts a December RBI rate cut to 5.25%. Read the full analysis.
US Gen Z Cuts Holiday Spending Amid Affordability Pressures
New data reveals Gen Z is making sharper holiday spending cuts than older groups in the US, highlighting a severe affordability crisis. Discover how this impacts retail and the economy.
UPI Reshapes India's Spending: Groceries to Gold
A Mint analysis reveals UPI's explosive growth, with daily transactions soaring 6x in value. Discover how small payments for groceries & eating out are driving India's cashless shift.
Multiplexes See Lower F&B Spend Despite Youth Rush
PVR Inox reports a 1.4% drop in per-head spending in Q2 FY26. While discounted tickets lure young audiences for films like Saiyaara, high F&B prices dampen concession sales. Family films remain key for higher spending.
Cyber Monday Sales Hit $14.2 Billion in US
Cyber Monday 2025 sees US shoppers spending a record $14.2 billion online, a 6.3% jump from 2024. Get the latest data and analysis on this global shopping phenomenon.
Gurgaon wastes Rs 129 Cr, garbage piles remain
MCG exhausted 33% of its sanitation budget by Oct 31, yet garbage piles plague Gurgaon. Residents demand answers as spending soars and results remain invisible. Read the full report.
US AI Spending Offsets Trump Tariff Pain, Boosts Global GDP
Trump's tariffs hit global trade, but a $400 billion AI investment surge by US tech giants is driving growth. Discover how this is saving economies from recession.
Govt Seeks Lok Sabha Nod for Rs 41,455 Crore Extra Spend
Finance Minister Nirmala Sitharaman tables Supplementary Demands for Grants seeking approval for Rs 1.32 lakh crore gross additional expenditure. Read the full details and implications.
Gen Z Slashes Holiday Budgets, Retailers Worry
Young shoppers in the US are tightening budgets, cutting holiday spending by 34% due to economic pressures like student loans and high rents. Discover how retailers are adapting.
India's IT Sector Growth Trails Global Clients Amid AI Shift
Revenue growth for India's top 5 IT firms lags behind global clients since 2023. Experts cite AI, automation, and changing spending patterns as key factors. Read the full analysis.
India's Health Spending Among World's Lowest: Oxfam
Oxfam's 2020 report reveals India allocated only 4% of its budget to health, ranking 155th globally. This critical underfunding left the nation vulnerable during the COVID-19 crisis. Read the full analysis.
India's Spending-Saving Conundrum: 70% Save More
70% of Indians prioritize saving over spending despite economic growth. Discover how financial anxiety and inflation are reshaping consumer behavior and what this means for India's economy.
Western Firms Adapt as China Becomes Innovation Hub
Western companies in China pivot from profit focus to innovation, adapting to fierce local competition and changing consumer demands. Discover the new strategies for success.
Man with ₹26K salary buys ₹70K iPhone, sparks debate
Delhi entrepreneur's viral post about employee with ₹26,000 salary purchasing ₹70,000 iPhone ignites nationwide discussion on financial priorities and spending habits in India.
Black Friday 2023: US Shoppers Defy Economic Concerns
Black Friday remains America's biggest in-store shopping day despite shifting consumer behavior. Discover how inflation and selective spending shape this year's holiday season kickoff.
Military Spending Hits Record $2.7 Trillion in 2024
Global military expenditure reached a record $2.7 trillion in 2024, rising 9.4% from 2023. Explore how Eisenhower's Military-Industrial Complex concept explains this surge and its implications for global security.
Wife spends ₹56 lakh of family savings on male livestreamer
A Chinese man files for divorce after discovering his unemployed wife secretly transferred nearly ₹56 lakh of their savings to a male livestreamer over several years, leaving the family in debt.
Mark Cuban Warns AI Companies About Overspending Bubble
Billionaire Mark Cuban warns OpenAI, Google, Microsoft and other AI firms are overspending in AI race, creating a potential bubble. Read his shocking predictions.
Taiwan approves $40 billion defense budget amid China tensions
Taiwan's legislature approves NT$1.27 trillion special budget for military purchases to counter China's threats. Historic move strengthens island's defense capabilities.
India's overseas remittances hit 13-month high in Sept
Money sent overseas by Indians under RBI's liberalised remittance scheme rose to $2.8 billion in September, driven by travel spending. Discover the shifting trends in foreign exchange outflows.
US Retail Sales Growth Slows to 0.2% in September
US retail sales grew slower than expected in September at 0.2% as consumers faced persistent high prices. Producer prices rose 0.3%, driven by energy and food costs. Read the full analysis.
Steinbrenner: Dodgers Creating MLB Talent Gap After 2025 Title
Yankees owner Hal Steinbrenner expresses concern over Dodgers' financial dominance after their 2025 World Series win. Read about MLB's growing competitive imbalance.
Telangana Debit Card Spending Grows 19%, Ranks 2nd
Telangana records 19% debit card growth, becoming India's second fastest-growing state. Car sales surge 29% as GST rationalization boosts consumer confidence. Explore the digital payment revolution.
US Economy's AI Dependency Risks Recession
The US economy now heavily relies on AI investment from tech giants. Without this spending, GDP growth would halve, raising recession risks. Explore the implications.
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