Articles for Urban Consumption

India Q2 GDP: Economic growth likely moderated; should Indian investors be worried?
1 month ago

India Q2 GDP: Economic growth likely moderated; should Indian investors be worried?

Live Mint  

India's July-September quarter gross domestic product prints are expected to show moderation due to excess rainfall, weak corporate earnings and subdued rural and urban consumption. According to Rahul Bajoria, Head of India and ASEAN Economic Research at BofA Securities India, India's Q2FY25 GDP may grow by 6.3 per cent YoY, a six-quarter low, while gross value added growth is expected …

India Growth Indian Cent Jain Rbi Yoy
Stock Check: Marico share price tanks nearly 20% from 52-week high; what’s the way ahead?
1 month ago

Stock Check: Marico share price tanks nearly 20% from 52-week high; what’s the way ahead?

Live Mint  

Stock Check: Marico share price slumped nearly 20% from its 52-week high level of ₹719.85, which was recorded on 3 October 2024. Marico share price has corrected nearly 12% in the last three months. Urban consumption revival to take six months According to a recent Reuters report, the company's managing director said that urban consumption is expected to take at …

Share Price Company Marico Urban Consumption Marico Share Price Stock Check Tanks Nearly
Rural consumption revival pushes digital demand in small towns
1 month, 1 week ago

Rural consumption revival pushes digital demand in small towns

Live Mint  

Indians in smaller towns are spending more online than their urban counterparts on the back of a much-awaited revival in rural demand. Festive season spending patterns indicate a revival in semi-urban and rural consumption demand, with smaller cities seeing a significant rise in spending. Urban consumption growth in the September quarter fell sharply to 2.8% from 10.1% in the March …

Growth Urban Cities Consumption Spending Report Tier
India's middle class tightens its belt, squeezed by food inflation
1 month, 1 week ago

India's middle class tightens its belt, squeezed by food inflation

Deccan Chronicle  

CHENNAI/NEW DELHI: India's city dwellers are cutting spending on everything from cookies to fast food as persistently high inflation squeezes middle class budgets, threatening the country's brisk economic growth. They are considered a key demographic both economically and politically, with middle class frustration seen as a significant factor behind Prime Minister Narendra Modi's weaker election performance this year.Asia's third-largest economy …

Food India Growth Inflation Urban Indian Middle Class
Centre-state budget talks, GST Council meet after Parliament session jobs, growth, urban consumption in focus
1 month, 2 weeks ago

Centre-state budget talks, GST Council meet after Parliament session jobs, growth, urban consumption in focus

Live Mint  

NEW DELHI : Finance minister Nirmala Sitharaman is set to consult state finance ministers on the FY26 Union Budget following Parliament’s winter session, which concludes on 20 December. That is a major policy instrument available now, provided states also agree," said N. R Bhanumurthy, director, Madras School of Economics, noting that while GST revenue hit ₹1.87 trillion in October—the second …

India Growth Tax Budget Council Consumption Demand
Rural-Urban Consumption Dynamics in India
6 months, 1 week ago

Rural-Urban Consumption Dynamics in India

Deccan Chronicle  

Over the past decade, India has witnessed a notable rise in consumption spending in both rural and urban areas, indicating a shift in economic dynamics and lifestyle choices. Furthermore, the changing food habits of the Indian populace have contributed to the evolving consumption patterns observed in both rural and urban areas. In conclusion, the equivalent rise in consumption spending in …

Food India Rural Economic Areas This Trend Consumption Spending
Sanjeev Ahluwalia | The politics behind India’s rural and urban spending
9 months, 3 weeks ago

Sanjeev Ahluwalia | The politics behind India’s rural and urban spending

Deccan Chronicle  

Household consumption expenditure estimates are based on a national survey of 0.1 per cent of the 194.9 million rural and 89.5 million urban households/families. The corresponding share of expenditure on food increases from 46.4 per cent in rural areas to 47 per cent and from 39.2 per cent in urban areas to 40 per cent. Rural consumption, as a proportion …

Food India Growth Rural Urban Income Rural Areas