Search For "consumption growth"
IMF calls for stronger fiscal push, social protection reforms to boost Chi
Updated : 3 weeks, 1 day ago IST
China's economy expanded by 5 per cent in 2025 and is projected to grow 4.5 per cent this year, 0.3 percentage points higher than the IMF's October forecast, reflecting resilience driven by "robust exports and fiscal stimulus," according to the International Monetary Fund (IMF).
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India's economic growth momentum strengthened alongside marked easing in i
Updated : 1 month, 1 week ago IST
While giving a detailed presentation on the Economic Survey, CEA said the Real GDP growth has improved steadily, rising from an average of 6.4 per cent during FY12-FY20 to 6.5 per cent in FY25, and is projected to accelerate further to 7.4 per cent in FY26. Growth is being supported by st
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India's petrochemical consumption growth to remain at 6-7% annually, capac
Updated : 2 months, 2 weeks ago IST
India's domestic petrochemical consumption growth is expected to remain robust at 6-7 per cent per annum in the medium term, supported by continued economic expansion and steady demand from downstream industries, according to a report by CareEdge Ratings.
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GST rate cuts fuel strong consumption growth across key sectors, Governmen
Updated : 3 months, 1 week ago IST
Sectors that benefited from recent GST rate rationalization have registered robust growth, with consumption indicators showing a significant uptick in consumer spending across essential and mass-market categories, government sources revealed on Monday.
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India's Consumption Boom and the Urgent Need to Rebuild Household Savings:
Updated : 3 months, 4 weeks ago IST
New Delhi [India], November 14: India stands at a defining economic moment. As the country advances toward becoming one of the world's largest consumption-driven economies, the patterns of household spending, saving, and investing are undergoing a major structural shift. Rising incomes, rapi
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Axis Max Life India Consumption Opportunities Fund Taps Consumption Growth
Updated : 4 months, 4 weeks ago IST
New Delhi [India], October 16: Axis Max Life Insurance Limited ("Axis Max Life" / "Company"), formerly known as Max Life Insurance Company Limited, has introduced the Axis Max Life India Consumption Opportunities Fund (ULIF03807/10/25INDIACONSU104)- an actively managed equity fund designed t
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GST rationalisation to boost consumption growth: Finance Ministry
Updated : 5 months, 1 week ago IST
"More importantly, measures to simplify the GST registration mechanism, particularly for small suppliers making supplies through e-commerce operators and an easier refund mechanism, are expected to lower input costs and improve liquidity for companies, while giving a thrust to Make in India,
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New GST rates implementation has set the stage for consumption led growth
Updated : 5 months, 1 week ago IST
India's Goods and Services Tax (GST) 2.0, has been hailed as a "GST booster shot" for consumption-led growth, with major reliefs announced for sectors including FMCG, MSME, textiles, automobiles, healthcare, insurance, electronics and construction, noted a report by the Union Bank of India.
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GST rationalisation progressive step, big booster to India's economic grow
Updated : 5 months, 1 week ago IST
"The GST rationalisation is a progressive step towards making products and services more affordable for consumers, easing operational complexity of doing business, lowering inflation and driving consumption growth across the retail sector. This will serve as a big booster to India's econo
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With GST 2.0, Govt's focus shift from capex oriented spending to consumpti
Updated : 5 months, 1 week ago IST
The government's announcement of GST rationalization under GST 2.0 has set the stage for a major shift in the country's economic strategy.
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Despite US tariffs and geopolitical uncertainty, growth forecast retained
Updated : 5 months, 1 week ago IST
Chief Economic Adviser V Anantha Nageswaran on Friday said India's domestic consumption growth can offset the US tariff-related losses, which is why the GDP estimates for the year 2025-26 haven't been revised downwards.
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GST rejig to give consumption a big push; food and durable goods to turn c
Updated : 6 months, 2 weeks ago IST
Indian consumers are set to receive a significant boost as the government moves towards simplifying the Goods and Services Tax (GST) structure by reducing the number of tax slabs and lowering rates on several key items.
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