US retail spending surpassed expectations in August, increasing by 0.6 percent, despite ongoing trade tensions and tariffs. Motor vehicle sales and restaurant revenues saw gains, while furniture and department stores experienced declines, indicating a potential shift in discretionary spending. Economists are concerned about the long-term impact of tariffs on inflation and consumer prices. Post navigation ITR filing due date extended to September 16: Why did Income Tax department grant an extra day for tax returns filing? What we know Critical mineral hunt abroad: India eyes Zambia and Chile deals; $4 billion push puts critical mission in focus
