India's growing per capita income, a burgeoning middle class, and expanding urbanization are driving a surge in urban consumption, with the retail realty sector emerging as a key beneficiary of this trend, highlighted a report by Nuvama.
With the formation of the new government at the centre, road construction project awards, have picked up, according to a research report by Nuvama. The award for road projects was halted during the first quarter of FY25 because of the imposition of election model code of conduct.
The report suggests that the second half of 2024 could see an industry-wide volume demand increase of 18 per cent. Experts attribute this growth to the upcoming festive season, with retailers expanding their store networks to meet the expected rise in customer demand.
The Indian stock markets are on the brink of entering a new phase, marked by potential rate cuts from the U.S. Federal Reserve, highlighted a report by Nuvama.
The Indian automobile market will experience a significant surge of over 15 per cent growth during the upcoming festive season, particularly in the two-wheeler (2W) segment says a research report by Nuvama Wealth Investment Limited.
The private life insurance sector is giving a tough fight to state insurer Life Insurance Corporation of India (LIC), according to a report by Nuvama Wealth Management.
"We believe price hikes may have to be rolled back by month-end due to weak demand. Even so, demand is likely to pick up from Q3FY25, which should support prices somewhat," says the Nuvama report.
The generative AI provides more opportunity to the Indian IT sector contrary to the believe of being a threat, highlighted a report by Nuvama Wealth Management.
According to a report by Nuvama Wealth Management, in the past two quarters, the capex to GDP ratio in India has shown signs of deceleration, while consumption to GDP is picking up, a trend reminiscent of the pre-pandemic era.
International travel has become the preferred choice for many Indians, experiencing a surge in 2024. The growth in 6M CY24, is even more than pre-COVID growth of 12 per cent for the same period in 2019 and each month hitting new records.
The growth of the 2W market is primarily driven by strong rural demand coupled with sustained urban sales. The favourable monsoon season has improved rural sentiments, leading to an uptick in sales. Additionally, wholesale volumes are expected to outpace retail sales as dealers build up inve
The stage is set for a new era of growth fuelled by recent reforms and strategic initiatives of the government. Over the past decade, key reforms such as the Make in India initiative, the Unified Payments Interface (UPI), the Real Estate Regulatory Authority (RERA), the Insolvency and Ban