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29.11.25 - 02:24
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Gold-backed lending glows in banks′ retail books: RBI data (Times of India)
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Gold loans are surprisingly leading retail credit growth, soaring 128.5% year-on-year. This surge, partly due to reclassification, now forms a significant portion of personal loans. While housing and vehicle loans also saw healthy increases, unsecured lending grew at a slower pace, indicating a shift towards secured borrowing in the retail credit landscape....
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28.11.25 - 17:01
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Shoppers Enter Holiday Season with Caution (Bloomberg)
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Jill Standish, Senior Managing Director and Global Retail Lead at Accenture, surveys the challenging environment for retailers and consumers. She speaks on "Bloomberg Surveillance." (Source: Bloomberg)...
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28.11.25 - 15:48
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Nearly 200 Million Shoppers Expected To Hit Stores Thanksgiving Weekend (ZeroHedge)
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Nearly 200 Million Shoppers Expected To Hit Stores Thanksgiving Weekend
Authored by Jill McLaughlin via The Epoch Times,
Retail experts predict that 187 million people will shop between Thanksgiving Day and Cyber Monday, based on a consumer survey released on Nov. 20.
The survey by the National Retail Federation and Prosper Insights and Analytics showed this year's prediction topping last year's, when 183.4 million people were expected. Federation data from December 2024 show that 197 million actually turned out.
“The holidays are an important part of many consumers' budgets, and that trend is especially true this season,” Katherine Cullen, the federation's vice president of industry and consumer insights, said in a statement.
Gifts from the 1960s are making a comeback this season, as toy buyers are expected to focus on Lego, Barbie, Hot Wheels, and dolls. These vintage classics will be the top toys for consumers this year, according to the survey.
Black Friday, the day after Thanksgiv...
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