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Rural consumption on a decline as farmers’ income continues to remain under stress: Motilal Oswal
Rural consumption grew only 4.6% YoY in Q3 FY23 after rising 6.5% in Q1 and 5.5% in Q2 FY23. The s…
Wine vs Tea: India’s consumption trends show a sharp divergence
The categories of goods where price matters are seeing low growth in output – a reflection of deman…
Fabric of a nation: Sustaining India's handloom legacy in modern times
The industry is largely unorganised, and the wages are shockingly low. 67% of handloom workers are …
Rural recovery underway says Morgan Stanley
Rural economy is all set for a rebound as per readings from four key indicators – employment, credi…
Vanished savings, trading down to cheaper essentials – life in rural India hit by a wilted Rabi crop
This Rabi crop has been cursed by weather gods since the beginning as unseasonal rains had hit t…
Economic Survey 2023-24: Where does India stand on the employment, and what's next?
While the agriculture sector has grown at about 4.18% at constant prices over the last 5 years, Ind…
End of revenge spending? Urban spending to taper off in the next few quarters, says Motilal Oswal
Fuelled by revenge shopping and revenge travelling, urban Indians have been spending heavily since …
Indian private sector's wage bill surpasses government's for the first time in FY23
There is a rising trajectory of private corporate wage bills as per a study done by ICICI Securitie…
India poised to become world's third largest consumer market by 2026 outpacing Germany, Japan
According to recent data, India is expected to outpace Germany by 2024 and Japan by 2026, solidifyi…
ANI
India received over $111 billion in remittances in 2022, first country to ever reach that figure: UN
The International Organisation for Migration (IOM), in its World Migration Report 2024 launched …
PTI
India needs more ‘productive’ jobs and higher wages to address its demand problem
It is now abundantly clear that a disproportionate burden of the COVID-19 shock has been borne by t…
DMK vows to repeal CAA if INDIA bloc is voted to power
Tamil Nadu's ruling DMK, a key constituent of the INDIA bloc, in its manifesto released on Wednesda…
PTI
Recovery in real estate sector likely to boost household income, says ICICI Securities
The sector generates a variety of jobs including for construction workers and other informal job…
Political continuity could bode well for clean energy & infra spending: UBS
As India marches towards elections, research firms are projecting various scenarios based on possib…
January auto sales rise 14% y-o-y but sentiment improving at a snail’s pace, says FADA
As compared to January 2020, auto sales in January 2023 were down by 8%, says data by Federation of…
Incomes are either rising too slowly or falling at the lower end of the bracket
India’s gross domestic product (GDP) has been growing at a much faster clip than expected — most go…
After biscuits, Indian villagers are cutting down on clothes and hair oil too
The ongoing slowdown is affecting rural and urban Indians differently. While urban Indians might be…
Two-day Bharat Bandh: Essential services likely to be affected
Some of the essential services related to banking, transportation, railways and electricity are lik…
PTI
India’s rural jobs programme is reportedly offering its lowest wage hike ever next year
In fact, workers in at least three states - Karnataka, Kerala and West Bengal - will see no c…
Rural India is seeing faster economic recovery than urban, this report shows why
Reverse migration expected to give a positive uptick.