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IMF Raises India's GDP Growth Forecast To 7% For 2024-25
The International Monetary Fund on Tuesday raised India's growth forecast for 2024-25 to 7% from 6.8% on the back of improving private consumption, particularly in rural India.
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RBI Raises India's GDP Growth Projection To 7.2% For 2024-25
The Reserve Bank of India revised upwards the GDP growth projection for the current fiscal to 7.2 per cent from 7 per cent on rising private consumption and revival of demand in rural areas.
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Data Shows How Much Monthly Household Expenses Increased In Past 2 Decades
The average monthly expenses in rural and urban households have narrowed in the past two decades with a sharp rise in rural consumption, shows a key expenditure data released after a gap of 11 years.
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February Bike Sales Rise On Wedding Season Demand, Easing Chip Shortages
Domestic two-wheeler sales, which is indicative of the financial health of India's rural economy and demand in the country's largest consumption segment loosely defined as lower middle-income households, grew in double digits from a year earlier.
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FMCG Sector Continues To See Slowdown In Consumption In September Quarter: Report
The country's Fast-moving consumer goods (FMCG) industry continued to witness a consumption slowdown in the September quarter, with rural markets registering a higher decline in volumes.
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AICTE Releases Environment Policy 2020; Focus On Research, Development On Environmental Issues
AICTE has released its Environment Policy 2020. The policy of AICTE is to conserve natural environment, develop sustainable solutions, innovations and startups, promote rural technologies and control energy consumption in order.
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What Economists Want From Finance Minister To Kickstart Consumption
Mr Abheek Barua, Chief Economist, HDFC Bank, said in a report that the upcoming budget is unlikely to mark a departure from past budgets. There may not be any major fiscal stimulus to ramp up growth as the finance ministry itself has capped government spending in Q4 FY20. And there may only be minor tweeking of tax slabs as a cut in income tax is u...
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Substantial Structural Reforms Needed: IMF Tells India
The world financial body said,"We see several possible factors behind the slowdown". "The abrupt reduction in non-bank financial companies' (NBFC) credit expansion and associated broad-based tightening of credit conditions appear to be an important factor. Weak income growth, especially rural, has been affecting private consumption, and priva...
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Rural India's Consumption Slows To Seven-Year-Low: Nielsen
The latest survey points to households across India reducing spending as Asia's third-largest economy grows at the weakest pace in six years.
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Rural India Develops Taste For Chocolate, Even If It's Pricey
A boom in e-commerce and a sharp tax cut are also propelling sales higher, spurring global confectioners like Mondelez International Inc, Nestle SA and relative newcomer Hershey Co to invest further in the still small but rapidly expanding market.
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Industry, Government Finances At Graver Risk From Drought: Experts
The economy, reeling under a consumption slowdown owing to farm distress, stagnant wages and high interest costs, will be hit hard by such a weather phenomenon.
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Jio Helped Boost OTT Streaming Consumption in Rural India: BIF
TV Ramachandran, President, Broadband India Forum (BIF), made the statement to IANS.
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India's GDP Growth Likely Slowed To 6.9% In December Quarter: Poll
Forecasts for the GDP growth number, due for release on February 28 at 5:30 pm, ranged between 6.3 per cent and 7.9 per cent, and suggested a significant drop from a more than two-year high of 8.2 per cent in April-June 2018.
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Farm Loan Waivers Driving Rural Demand, Says Report
Many large states have announced farm loan waivers last year, as farmer suicides became a big political tool.
-
Moody's Slashes India Growth Forecast In 2018
Higher oil prices and tighter financial conditions will weigh on the pace of acceleration, says the ratings agency.
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IMF Raises India's GDP Growth Forecast To 7% For 2024-25
The International Monetary Fund on Tuesday raised India's growth forecast for 2024-25 to 7% from 6.8% on the back of improving private consumption, particularly in rural India.
-
RBI Raises India's GDP Growth Projection To 7.2% For 2024-25
The Reserve Bank of India revised upwards the GDP growth projection for the current fiscal to 7.2 per cent from 7 per cent on rising private consumption and revival of demand in rural areas.
-
Data Shows How Much Monthly Household Expenses Increased In Past 2 Decades
The average monthly expenses in rural and urban households have narrowed in the past two decades with a sharp rise in rural consumption, shows a key expenditure data released after a gap of 11 years.
-
February Bike Sales Rise On Wedding Season Demand, Easing Chip Shortages
Domestic two-wheeler sales, which is indicative of the financial health of India's rural economy and demand in the country's largest consumption segment loosely defined as lower middle-income households, grew in double digits from a year earlier.
-
FMCG Sector Continues To See Slowdown In Consumption In September Quarter: Report
The country's Fast-moving consumer goods (FMCG) industry continued to witness a consumption slowdown in the September quarter, with rural markets registering a higher decline in volumes.
-
AICTE Releases Environment Policy 2020; Focus On Research, Development On Environmental Issues
AICTE has released its Environment Policy 2020. The policy of AICTE is to conserve natural environment, develop sustainable solutions, innovations and startups, promote rural technologies and control energy consumption in order.
-
What Economists Want From Finance Minister To Kickstart Consumption
Mr Abheek Barua, Chief Economist, HDFC Bank, said in a report that the upcoming budget is unlikely to mark a departure from past budgets. There may not be any major fiscal stimulus to ramp up growth as the finance ministry itself has capped government spending in Q4 FY20. And there may only be minor tweeking of tax slabs as a cut in income tax is u...
-
Substantial Structural Reforms Needed: IMF Tells India
The world financial body said,"We see several possible factors behind the slowdown". "The abrupt reduction in non-bank financial companies' (NBFC) credit expansion and associated broad-based tightening of credit conditions appear to be an important factor. Weak income growth, especially rural, has been affecting private consumption, and priva...
-
Rural India's Consumption Slows To Seven-Year-Low: Nielsen
The latest survey points to households across India reducing spending as Asia's third-largest economy grows at the weakest pace in six years.
-
Rural India Develops Taste For Chocolate, Even If It's Pricey
A boom in e-commerce and a sharp tax cut are also propelling sales higher, spurring global confectioners like Mondelez International Inc, Nestle SA and relative newcomer Hershey Co to invest further in the still small but rapidly expanding market.
-
Industry, Government Finances At Graver Risk From Drought: Experts
The economy, reeling under a consumption slowdown owing to farm distress, stagnant wages and high interest costs, will be hit hard by such a weather phenomenon.
-
Jio Helped Boost OTT Streaming Consumption in Rural India: BIF
TV Ramachandran, President, Broadband India Forum (BIF), made the statement to IANS.
-
India's GDP Growth Likely Slowed To 6.9% In December Quarter: Poll
Forecasts for the GDP growth number, due for release on February 28 at 5:30 pm, ranged between 6.3 per cent and 7.9 per cent, and suggested a significant drop from a more than two-year high of 8.2 per cent in April-June 2018.
-
Farm Loan Waivers Driving Rural Demand, Says Report
Many large states have announced farm loan waivers last year, as farmer suicides became a big political tool.
-
Moody's Slashes India Growth Forecast In 2018
Higher oil prices and tighter financial conditions will weigh on the pace of acceleration, says the ratings agency.
