Search For "rural consumption"
India's GDP growth likely at 8.1% in Q3 FY26 amid strong domestic demand:
Updated : 2 weeks, 4 days ago IST
India's economy is expected to maintain strong growth momentum, with GDP projected to expand by around 8.1 per cent in the third quarter of the current financial year (FY26), according to a report by the State Bank of India (SBI).
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Despite surge in digital payments, paper money circulation at record level
Updated : 3 weeks, 5 days ago IST
Cash use in India remains strong and currency in circulation has reached a record high despite the rapid rise in digital payments, mainly due to higher consumption, lower interest rates, and the replacement of Rs 2000 notes, according to a report by State Bank of India (SBI).
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80% of Indian rural households consistently report higher consumption over
Updated : 3 months ago IST
About 80 per cent of rural Indian households have consistently reported higher consumption over the last year, NABARD's Rural Economic Conditions and Sentiments Survey (RECSS) found, asserting the survey outcome as a hallmark of rising prosperity.
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Rural demand lifts microfinance sector as lenders see signs of stability
Updated : 3 months, 2 weeks ago IST
India's microfinance industry is witnessing a renewed upswing, supported by rising rural demand, improved repayment behaviour and early signs of asset-quality stabilisation, according to experts and lenders.
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SBI projects India's GDP growth of nearly 7.5 per cent in Q2 FY26
Updated : 3 months, 3 weeks ago IST
India's economy is expected to have grown by around 7.5 per cent in the second quarter of the current financial year FY26, supported by a pick-up in investment activities, an improvement in rural consumption and the impact of GST rationalization, according to a research report by the State
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Rural consumption outshines urban demand as income growth, credit expansio
Updated : 4 months ago IST
Rural India continues to lead the country's consumption recovery, outpacing urban demand despite income tax cuts and GST 2.0 reforms aimed at stimulating city-based spending, according to Motilal Oswal Financial Services Ltd. (MOFSL) in its latest ECOSCOPE report titled "Rural Rules, Urban F
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Auto sector enters 2026 in high gear; FADA sees sustained demand post reco
Updated : 4 months, 1 week ago IST
India's automobile industry is entering 2026 on a strong note after a record-breaking festive season, with the Federation of Automobile Dealers Associations (FADA) projecting a sustained rise in sales driven by GST 2.0 reforms, rural consumption, and robust dealer sentiment.
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Shalimar Paints focuses rural pockets to tap growth, says Director
Updated : 11 months, 3 weeks ago IST
The rising income levels and ever-increasing rural consumption in India are key factors shaping the paint industry's growth, pointed out Kuldip Raina, Director of Shalimar Paints.
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India to grow by 6.4 pc, and CPI inflation to settle at 4.8 pc in FY25: FI
Updated : 1 year, 1 month ago IST
India's economic outlook for 2025 presents cautious optimism with consumer spending expected to recover, aided by a positive outlook for agriculture and rural consumption, according to the latest Economic Outlook Survey by the Federation of Indian Chambers of Commerce and Industry (FICCI).
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Rural consumption will increase but urban consumption may slowdown further
Updated : 1 year, 2 months ago IST
The report identifies four factors--wealth effect, incomes, leverage, and fiscal transfers--as key drivers of consumption cycles. Over the past two decades, these drivers have influenced consumption across distinct phases, including periods of broad-based growth and K-shaped recovery.
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Inflation is highest in Odisha at 7.22 pc followed by Bihar and Karnataka:
Updated : 1 year, 8 months ago IST
Odisha recorded the highest inflation at 7.22 per cent, followed closely by Bihar at 6.37 per cent and Karnataka at 5.98 per cent. This divergence highlights regional economic disparities as the country grapples with rising prices.
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Assam's rural consumption surges 235 per cent between 2012-2023, CM Himant
Updated : 2 years ago IST
The Chief Minister emphasized that this growth rate significantly outpaced the national average, indicating a robust expansion in the state's village economy.
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