SLOWDOWN IN CONSUMPTION
Next 10 years make-or-break decade for Indian economy: Economists
If everything goes according to plan, India will be able to reap the fruits of its favourable demography over 2030s and 2040s, before she loses that edge in the 2050s, according to economists.
Global demand to accelerate by April 2021 due to Covid vaccine rollout: Morgan Stanley report
Many individuals have been holding back on thei...
Consumption vs real estate stocks: Ridham Desai reveals his sectoral bets
"I am very constructive on real estate. There is a massive amount o...
Where to invest as consumption makes a comeback
We are chasing two prominent consumption themes as this sector is expected to come back quite strongly once things become more normal, says Dipan Mehta
Will luxury shopping snap out of the Covid pandemic slowdown?
Their marketing push based on special edition goods has led to some demand, albeit small. But that is not enough is the consensus among the manufacturers and retailers in the space. They are hoping pent-up demand will get further unleashed this quarter, powered by shopping for festivals and the marriages that were deferred due to the pandemic.
COVID-19 impact: Small towns set new normal for consumption
Reliance Retail, the country’s biggest retailer, said sales at its fashion store chain Trends grew more than twofold in the July-September quarter from a year earlier. According to an investor presentation, the company expects overall business to reach pre-Covid-19 levels in the October-December quarter.
ITC says food business growing at healthy pace as consumption picks up
In potato wafers and bridges snacks, brands like Bingo, Tedhe Medhe and Mad Angles have gained share by about 1 percentage point to 13.5% and 27.2%, respectively.
Slowdown in remittances could impact consumption demand further: India Ratings
Historically, India has been one of the largest receiver of remittances in the world, however, the share of remittances as a percentage of gross disposable income receded to 2.5% in FY19 from 3.5% in FY10, indicating the moderation started even before the outbreak of COVID-19.
Government, corporates need to invest more for recovery: SBI chairman Rajnish Kumar
The ongoing payments moratorium has achieved the limited purpose it was aimed at, and the Reserve Bank of India now has to look at providing restructuring relief to banks which would then determine who would qualify for loan recast, he said.
Households spent lower on vegetables, breads, cereals, pulses in FY19: MoSPI
The private final consumption expenditure (PFCE) on bread, cereals and pulses was Rs 4.43 lakh crore in 2018-19 from Rs 4.74 lakh crore in FY18. This is the second consecutive annual decline in spends on the product category.
Britannia Q4 results preview: Consumption slowdown to impact earnings
Brokerage firm Edelweiss Securities projects 10.10 per cent dip in EBITDA in Q4FY20.
What consumption slowdown? Look at Reliance's retail show
RIL’s retail stores reported a 26 per cent year-on-year growth in footfalls at 176 million.
Credit growth slows to 7.1% in 2019 on consumption slowdown
Moderation was visible in 2016, which logged the lowest pace of credit expansion at 6 per cent.
Slowdown in consumption and downturn top of MPC’s mind
MPC members are concerned over the lack of monetary transmission despite surplus liquidity in the inter-bank system. They expect that the linking of lending rate to an external benchmark such as repo rate would start yielding better results.
No slowdown in consumption: Reliance Retail
Reliance Retail, which reported a 27 per cent rise in revenue to Rs 41,202 crore on Friday, said it has grown in a majority of segments and attributed the same to a mix of strategies it has adopted and also to expansion activities.