Search result for 'rural spending'

India's Union Budget 2025 focuses on tax relief for the middle class and increased rural development, leading FMCG makers say this will boost consumption and drive growth in the premium product...

India's hosiery industry is projected to see 10-12% revenue growth in FY24, driven by rural demand revival, export boost, and improved margins. Crisil Ratings forecasts strong performance.

The Asian Development Bank (ADB) has maintained India's growth forecast at 7% for the current fiscal year, citing strong agricultural performance and government spending. The outlook for the Indian...

Deloitte forecasts India's economy to grow at 7-7.2% in FY25, driven by robust fundamentals and policy reforms. The report highlights key factors like increased rural spending and shifts in...

Indian stock markets edged down on Tuesday as the government proposed hikes in securities transaction tax and long-term capital gains tax. FMCG and consumer durables capped losses.

The Reserve Bank of India's Bulletin highlights a revival in rural spending, contributing to a quickening economic momentum in the second quarter of 2024-25.

Economists from leading financial institutions weigh in on the Indian interim budget, highlighting key aspects like fiscal prudence, infrastructure spending, and rural development.

India's interim budget is expected to prioritize agriculture with increased allocations for key schemes and credit to boost rural economy. Finance Minister Nirmala Sitharaman will present the...

Mahindra & Mahindra's wholesales rose 21% YoY to 70,576 units in November, driven by strong SUV demand. Utility vehicle dispatches increased 32%, while exports declined.

Foreign Portfolio Investors (FPIs) reversed their bearish trend in November, investing Rs 378 crore in Indian equities due to declining US treasury bond yields. FPIs had dumped Indian equities in...