Search For "consumption growth"
Private consumption share in India's GDP at two-decade high: Finance Minis
Updated : 8 months, 2 weeks ago IST
India's private consumption has shown strong growth, reaching the highest share in the country's GDP in the past two decades, according to the latest monthly report released by the Ministry of Finance.
Read More
Private consumption in India slows in Q4 FY25; fiscal deficit met, but rev
Updated : 9 months ago IST
Private consumption in the Indian economy moderated slightly in the fourth quarter of FY25, according to a recent report by Bank of Baroda.
Read More
India will drive global oil consumption growth: Phillip Capital
Updated : 12 months ago IST
"With GDP growth projections above 6 per cent annually, India's energy demand will continue to soar, and the country will remain heavily reliant on fossil fuels, including oil, to meet its needs," said the report.
Read More
Quick commerce sector to benefit most from tax rebates as higher disposabl
Updated : 1 year ago IST
The quick commerce sector will be a key beneficiary of the income tax cut announced in the Union Budget 2025, as it will trigger strong consumption growth among middle-class consumers, an ICICI Securities report anticipated.
Read More
IIM Udaipur Hosts Insightful Panel Discussion on India's Inclusive Growth
Updated : 1 year ago IST
Udaipur (Rajasthan) [India], February 21: The Centre of Development Policy and Management (CDPM), IIM Udaipur, in association with People Research in India's Consumer Economy (PRICE), recently hosted a thought-provoking panel discussion on 'How Inclusive is India's Growth in the 21st Century
Read More
Push for lower, middle-income households in Budget to roll private investm
Updated : 1 year, 1 month ago IST
The Union Budget 2025's focus on supporting lower- and middle-income households could help revive private investment in the economy, according to a report by HDFC Bank.
Read More
India's consumer market to become world's second largest by 2030: Report
Updated : 1 year, 1 month ago IST
Rising incomes, a young workforce, and rapid urbanization are expected to drive consumption growth across the country. According to projections, consumer spending in India will rise to USD 4.3 trillion by 2030, up from USD 2.4 trillion in 2024.
Read More
Global consumption shifting to India, emerging Asia from America and Europ
Updated : 1 year, 1 month ago IST
This transformation highlights the growing importance of these regions in the global economic landscape, driven by rising incomes, changing demographics, and evolving consumer preferences.
Read More
Festive season saw a modest 7 per cent growth in the retail sector: Report
Updated : 1 year, 2 months ago IST
Kumar Rajagopalan, CEO, RAI, said, "RAI's survey indicates a moderate growth of 7 per cent during the October-November festive season, falling short of the anticipated 10 per cent. Consumption growth has been subdued throughout the year, prompting retailers to boost business through promotio
Read More
Rural Spending Rises by 35 per cent, Outperforming Urban and Metro Areas i
Updated : 1 year, 4 months ago IST
Hyderabad (Telangana) [India], October 23: Rural consumers are significantly shaping the festive spending landscape this year, with a remarkable 35 per cent increase in their spending. This surge underscores the growing purchasing power of rural India, highlighting its vital role in driving
Read More
World Bank cuts India's GDP forecast for 2023-24 by 30 bps
Updated : 2 years, 11 months ago IST
India's growth, World Bank, said, is expected to be constrained by slower consumption growth and challenging external conditions.
Read More
World oil demand in 2022 will grow by 4 million bpd: Russian Deputy PM
Updated : 4 years, 2 months ago IST
Moscow [Russia], December 29 (ANI/Sputnik): World oil consumption is expected to grow by 4.5-5 million barrels per day (bpd) in 2021, and in 2022 it will increase by another 4 million bpd, Russian Deputy Prime Minister Alexander Novak said.
Read More