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Festive consumption growth halved in 2024 as urban demand slacks, notes Nomura
Nomura reports festive consumption growth has dropped to 15% this year. Analysts observed slower gr…
Household consumption to surge in Q2 as inflation eases, rural demand revives
Rural areas are witnessing a revival in demand, with increased purchases of fast-moving consumer go…
ANI
Mixed-bag festive season spells speed bumps for consumer companies
The third quarter of India is known for its many festivals, weddings and much more and is thus the …
New troubles pile on FMCG majors as they await consumption uptick
For most of the ongoing financial year, i.e. FY24, fast moving consumer goods players have been wai…
Earning forecasts for Q4 FY24: Healthcare and cement companies to shine
In the fourth quarter of FY24, Indian companies that bank on domestic demand would have done much b…
India's power consumption grows nearly 8% in first three quarters of FY24
Power consumption in the country witnessed an on-year rise of nearly 8% to 1,221.15 billion units (…
PTI
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…
Jewellery consumption to grow by 10-12 pc value-wise in FY24 amid rise in gold prices: Report
Jewellery consumption, in terms of value, is expected to grow by 10-12 per cent in this financial y…
PTI
India's GDP grows 7.6% in September quarter, beats RBI estimates
India's economy grew 7.6% in the September quarter of this fiscal and remained the fastest-growing …
India's power consumption grows 8.5% to 119.64 billion units in Nov
The power ministry had estimated the country's electricity demand to touch 229 GW during summe…
PTI
Moody's retains India's 2023 growth forecast at 6.7% on strong domestic demand
India's real GDP rose 7.8 per cent year-over-year in June quarter, up from 6.1 per cent in Ma…
PTI
Mumbai property registrations jump 30% during festive season compared to last year
India’s consumption story is a tale of two Indias. Even as consumer companies are battling a slowdo…
Shopping FOMO? Indians spend ₹29K cr online ahead of festive season
It’s weeks before Dussehra and Diwali, but Indians are not holding their horses when it comes to sh…
India switches on its shopping mode as festivals approach, sales set to jump 20%
Indians are gearing up for the festival season that kicks off with Ganesh Chathurthi this week. As …
Retail inflation inches to 4-month high in Dec; IIP growth slips to 8-month low in Nov
Retail inflation inched up marginally to a four-month high of 5.69% in December 2023, mainly on acc…
India poised to grow at 6.2% in 2023-24 says Morgan Stanley
In the three-day deliberations of the Monetary Policy Committee of the Reserve Bank of India in ear…
ANI
Indians spent big on festive season sales, UPI transaction up 40% in Oct: Report
Consumer spending in India is soaring during the festive season, with people splurging on cars, sma…
India’s growth story patchy and not broad based, say economists
India’s investment and consumption story is not broad-based but patchy across sectors, according to…
Price cuts might not bring in volume growth for FMCG majors in Q2 say analysts
It might be a slow second quarter for FMCG companies with hazy volume recovery and tapering raw mat…
Alibaba posted $84.5 billion in Singles Day sales this year. That's a record high - but also its slowest growth ever.
The 8.45% increase in Singles Day sales marks the first single-digit growth since the Chinese e-com…