Search For "rural demand"
Two-wheeler industry to grow by 8 pc, tractors by 4pc annually: Nuvama
Updated : 1 year, 6 months ago IST
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
Read More
Rural demand in FMCG sector will grow more in the coming quarters: Axis Se
Updated : 1 year, 6 months ago IST
Despite facing headwinds such as severe heatwaves in the northern region, heightened competitive intensity, and the impact of the upcoming general elections, most FMCG companies managed to post mid to high single-digit revenue growth.
Read More
RBI says demand conditions in Indian economy are gathering momentum
Updated : 1 year, 6 months ago IST
The demand conditions in the economy are gathering momentum after some slack in the first quarter of 2024-25, the Reserve Bank of India said in its monthly bulletin of August 2024.
Read More
India's June rainfall down 11%: Bank of Baroda report highlights monsoon d
Updated : 1 year, 8 months ago IST
India received 11 per cent less rainfall in June due to a delay in monsoon momentum for the North West and Central regions of the country, highlighted a report by 'Bank of Baroda'.
Read More
While India's GDP growth strong, private consumption remains muted: S&
Updated : 1 year, 9 months ago IST
S&P Global Market Intelligence asserts that weak private consumption in India remains the largest concern, with rural demand in particular still "straggling to catch up", at a time when the country's overall growth remains strong.
Read More
Healthy, timely and well-distributed rains can boost agriculture incomes b
Updated : 1 year, 9 months ago IST
According to Crisil report, healthy rains could bolster rural demand, which showed signs of revival after being impacted in the previous fiscal year. Additionally, robust crop output might tame food inflation, creating policy room for potential interest rate cuts, as non-food inflation remai
Read More
RBI retains GDP growth target at 9.5 pc for FY22
Updated : 4 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 6 (ANI): The Reserve Bank of India (RBI) on Friday retained real GDP growth at 9.5 per cent in 2021-22 as domestic economic activity is starting to recover with the ebbing of Covid-19's second wave.
Read More
Rural demand to remain muted due to Covid 2.0: Ind-Ra
Updated : 4 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 28 (ANI): India Ratings and Research (Ind-Ra) has said that Covid 2.0's impact on the economy in the current financial year will be felt more through loss of demand impulse than supply-side disruptions.
Read More
Ind-Ra revises FY22 GDP growth forecast to 10.1 pc
Updated : 4 years, 10 months ago IST
Mumbai (Maharashtra) [India], Apr 23 (ANI): India Ratings and Research (Ind-Ra) on Friday revised down FY22 real GDP growth forecast to 10.1 per cent from earlier projection of 10.4 per cent, mainly due to the second wave of Covid-19 infections and slower pace of vaccination.
Read More
Cement demand likely to fall by 10 to 15 pc in Q2: Ind-Ra
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sep 21 (ANI): Cement demand is expected to decline by 10 to 15 per cent year-on-year in the second quarter (July to September), India Ratings and Research (Ind-Ra) said on Monday.
Read More
PBT margins of India Inc contract to multi-year lows of 3.6 per cent in Q1
Updated : 5 years, 6 months ago IST
New Delhi [India], Sep 5 (ANI): Financial results of 489 companies in the Indian corporate sector (excluding financial sector entities) show aggregate revenues contracting by 31.1 per cent on a year-on-year basis in Q1 FY21, according to investment information firm ICRA.
Read More
Rural demand to support economic recovery but cannot substitute for urban
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Aug 28 (ANI): As the share of agriculture in India's gross value added is about 17 per cent, rural demand at best can extend support to consumption demand but cannot be a substitute for urban demand, India Ratings and Research (Ind-Ra) said on Friday.
Read More