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Indian household average quarterly expenses have "steadily" gone up by over 33 per cent in the last three years to Rs 56,000 in 2025, according to a report from Worldpanel by Numerator on consumption behaviour across urban and rural India. Household expenses, particularly in urban areas, recorded a notable rise each year. However, there is also an increase in expenses in rural areas, the report added. "Household spending has been climbing steadily, with average quarterly expenses rising from about Rs 42,000 in 2022 to over Rs 56,000 in 2025. Urban families continue to spend the most, but rural households have also seen a sharp rebound, underscoring the mounting pressure on budgets across the country," said the report from Kharcha 3.0 from Worldpanel by Numerator. The average quarterly expenses in urban markets, which were Rs 52,711 in June 2022, scaled to Rs 64,583 in March 2024 and Rs 73,579 in March 2025. Similarly, the rural household average quarterly expenses have increased to
Financial technology firm Zaggle on Thursday said it has partnered with travel and expense solutions provider Mesh Payments to tap the global spend management market. Zaggle, in a statement, said that its association with Mesh Payments will enable Indian MNCs to manage global expenses across the US, Europe, and Latin America using Mesh's capabilities to issue corporate cards in global markets. Mesh's global clients operating in India, through their GCCs, can leverage Zaggle's spend management ecosystem, including prepaid cards, forex cards and corporate credit cards, it added. Zaggle founder and Executive Chairman Raj P Narayanam said the partnership with Mesh is a strategic move to extend the platform's leadership beyond borders. Citing a Deloitte report, Zaggle said that the top 100 companies in India spend more than USD 2.2 billion on business travel. India's digital transformation is creating unprecedented demand for intelligent spend solutions, and we are uniquely positioned
The usual festive mood of Eid al-Fitr holiday to mark the end of the Islamic holy month of Ramzan has been subdued in Indonesia this year as people grapple with soaring prices for food, clothing and essential goods. Consumer spending ahead of the biggest religious holiday for Muslims, which was celebrated on Sunday in Indonesia, has declined compared to the previous year, with a predicted slowdown in cash circulation due to fewer travellers. Each year in Indonesia, nearly three-quarters of the population of the world's most populous Muslim-majority country travel for the annual homecoming known locally as mudik that is always welcomed with excitement. People pour out of major cities to return to villages to celebrate the holiday with prayers, feasts and family gatherings. Flights are overbooked and anxious relatives weighed down with boxes of gifts form long lines at bus and train stations for the journey But this year the Transportation Ministry said Eid travellers reached 146 ...