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Rural demand, government spending to drive growth in the second half of FY25

Rural demand and government spending will be key drivers of India's economic growth in the second h…

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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…

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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   


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Rural economy is driving India's growth, Govt capex in infra will stimulate it: Anand Rathi report

The Rural economy of India has emerged as a significant driver of economic growth, outpacing urban …

ANI   


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SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth to be closer to 7%

Economists at SBI predict a dip in India's GDP growth to 6.5% for the September quarter, citing pre…

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India's FMCG sector to see revenue growth of 7-9% in fiscal 2024: CRISIL

The report added that the product realisations are expected to grow modestly with slight increases …

ANI   


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Gold prices may decline by up to 7% before the next rally

Gold prices could see some consolidation near the recent highs, Motilal Oswal said in a report as i…

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India's gold demand dips 5% to 149.7 tonnes in June quarter on high prices: WGC

However, in value terms, gold demand increased 17 per cent during the second quarter at Rs 93,8…

PTI   


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India's hospitality industry to grow at 10.5% over next three years, generate annual incremental demand of Rs 8,200 cr

India's hospitality industry is projected to grow at a Compound annual growth rate (CAGR) of 10.5 p…

ANI   


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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…

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Startups demand angel tax elimination, incentives on investments in upcoming budget

Startups in India have high expectations from this year's upcoming Union Budget. The early-age star…

ANI   


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Unemployment rate of tribals declines to 1.8% in 2022-23 from 5.3% in 2017-18

The unemployment rate among the tribal communities has seen a noticeable decline, as it stood at 1.…

ANI   


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Modi 3.0 1st Budget: Tax relief for middle class, Rs 2 lakh cr job scheme

With rural distress and unemployment being blamed for BJP losing its majority, Sitharaman in her se…

PTI   


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Asian Paints Q1FY25 results: Net profit dips by 25%, revenue also misses market estimates

​​The company's international sales also took a hit, down to Rs 679.1 crore from Rs 695.1 crore, ma…

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India sets stage for Elon Musk’s Starlink internet services to finally enter India with latest spectrum decision

India's move to allocate satellite spectrum administratively enables Starlink to eventually enter t…

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From Dal to Dolce: India is loving its luxury life very much!

Indian consumers are embracing premium products across industries, from automobiles and FMCG to sma…

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Simply Put: From Dal to Dolce—India is loving its luxury life

Indian consumers are embracing premium products across categories, from cars and FMCG to smartphone…

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The rising affluence of small town consumers driving demand for premium products

India’s small towns have been running behind big cities for a long time — but that’s no longer true…

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HUL Vs ITC: Good, the better and the best

It’s been a tough quarter for large FMCG players in India with muted consumer sentiment, weak rural…

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Passenger vehicle retail sales dip 1% in May as excessive heat, elections impact demand: FADA

"Dealers cited the impact of elections, extreme heat and market liquidity issues as major facto…

PTI