India Higher Consumer Spending

Putting an end to the debate on India's growth based on the government's capex push, global rating agency Fitch Ratings said that consumer spending will increase with elevated consumer confidence, a sign of enhanced income for people.

Manufacturers are raising prices to pass on to consumers some of the burden of costlier energy and raw materials, which threatens to dent demand

Indian employees are likely to witness their monthly paycheck getting a bigger boost next year compared to 2020 as companies are betting on higher consumer demand due to enhanced government spending and bumper rainfall to neutralize the pandemic-led economic contraction, a survey showed.

Economists are forecasting a rebound in growth to 6.2 per cent in the fiscal year through March 2021, although much will depend on how quickly global demand and domestic spending recovers.

New Delhi: In line with global trends in thepharmaceuticals sector, the focus of domestic drug firms on acquisitionsto consolidate their position will limit deleveraging for thetime being, rating agency Fitch has said. "The ongoing focus of the top Indian pharma companies' onselective acquisitions to limit deleveraging over the shortterm," Fitch...

With more travellers and higher consumer spending in key areas, overall hotel prices went up in the first six months of 2015 and the commercial capital of the country recorded the highest rise of 5 per cent with an average of Rs 8,091 per night, a report said.

Global consumer confidence edged higher in the third quarter, underpinned by an improvement in the United States, although uncertainty about the economy continued to cap spending, a survey showed.

Putting an end to the debate on India's growth based on the government's capex push, global rating agency Fitch Ratings said that consumer spending will increase with elevated consumer confidence, a sign of enhanced income for people.

Manufacturers are raising prices to pass on to consumers some of the burden of costlier energy and raw materials, which threatens to dent demand

Indian employees are likely to witness their monthly paycheck getting a bigger boost next year compared to 2020 as companies are betting on higher consumer demand due to enhanced government spending and bumper rainfall to neutralize the pandemic-led economic contraction, a survey showed.

Economists are forecasting a rebound in growth to 6.2 per cent in the fiscal year through March 2021, although much will depend on how quickly global demand and domestic spending recovers.

New Delhi: In line with global trends in thepharmaceuticals sector, the focus of domestic drug firms on acquisitionsto consolidate their position will limit deleveraging for thetime being, rating agency Fitch has said. "The ongoing focus of the top Indian pharma companies' onselective acquisitions to limit deleveraging over the shortterm," Fitch...

With more travellers and higher consumer spending in key areas, overall hotel prices went up in the first six months of 2015 and the commercial capital of the country recorded the highest rise of 5 per cent with an average of Rs 8,091 per night, a report said.

Global consumer confidence edged higher in the third quarter, underpinned by an improvement in the United States, although uncertainty about the economy continued to cap spending, a survey showed.