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INDIA CONSUMPTION GROWTH
Economists raise concerns as India's growth increasingly becomes credit expansion-ledIndia's economic growth has accelerated recently, supported by a significant rise in bank credit. Economists express concerns about the sus...- Fitch raises India FY27 GDP growth forecast to 6.9% from 6.4%, sees 25 bps RBI rate hike in OctoberFitch Ratings has raised India’s FY27 growth forecast to 6.9% from 6.4% after the economy expanded 7.8% in the June quarter, demonstrating ...
- India’s big upgrade wave: Rs 1 crore+ homes, premium cars, Swiss watches & pricier phonesPremiumisation trend is spreading beyond affluent urban consumers, with households upgrading across homes, cars, travel, smartphones, appli...
- Retail sector logs 10% growth in August on stable consumer demand: RAI surveyMumbai's retail sector recorded a 10 per cent year-on-year growth in August, building on previous months. Regional growth remained consiste...
- OECD raises India's FY27 GDP growth forecast by 80 bps to 7.1%The OECD has raised its FY27 India growth forecast by 80 basis points to 7.1%, from 6.3% earlier, joining Fitch, S&P Global Ratings and Moo...
- Where's the GDP debate? The world is raising a toast to IndiaIndia’s 7.8% growth has the world taking notice. Fitch, S&P and Moody’s have all raised their forecasts, even as questions over the GDP num...
- After S&P & Fitch, ADB raises India's growth aim to 7% but El Nino clouds food storyIndia's economy is demonstrating resilience, leading to raised growth forecasts from institutions like the Asian Development Bank. However,...
- S&P Global Ratings raises India FY27 growth aim to 7% from 6.6%, estimates 25 bps RBI rate hikeS&P Global Ratings has upgraded its forecast for India's real GDP growth to 7% for the FY27. Strong industrial activity, healthy consumptio...
- GLP-1 drugs, AI shopping to drive food consumption, says Magnum CEO Peter ter KulveGLP-1 drugs and AI shopping will drive future food consumption globally. India, China, and the US are already experiencing these significan...
- Look beyond premiumisation: FM Nirmala Sitharaman to India IncSitharaman made a strong pitch for better-governed family businesses and greater corporate spending on research and development. She said t...
- States' revenue growth to accelerate 9-11% as GST collections rise 16% in first five months: CrisilRevenue growth for 18 major Indian states is projected to accelerate to 9–11% in fiscal 2027, taking combined revenues past ₹44 lakh crore,...
- India’s next consumption wave can’t be built for urban elite alone: FM SitharamanFinance Minister Nirmala Sitharaman urged corporate India to look beyond affluent urban consumers. Rising incomes will drive future consump...
- India can do without US steel exports, says Naveen Jindal; flags domestic demand as key growth driverNaveen Jindal, chairman of Jindal Steel, said India can sustain its steel industry without depending on exports to the US, as domestic dema...
- Effect of GST rate cuts on commodities neutralised by 'galloping' inflation: CongressCongress has highlighted that the gains from GST rate reductions are being wiped out by escalating inflation. They claim that increasing co...
- Decoding GDP growth: The good, the bad & the dataET drew up a longlist of more than five dozen indicators across all key themes of the economy— from the external sector and markets to farm...
- Govt support, benign inflation helped in Q1: Sonal Varma, Chief Economist, India & Asia (excl. Japan), Nomura"We expect GDP growth to moderate from around 7.3% in H1FY27 to 6.7% in H2, still delivering a solid 7% for FY27 overall."
- Manufacturing a bright spot; services presents a mixed bag: Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank"Despite the ongoing debate around the new GDP series, real GDP growth remained robust at 7.8% in the first quarter, highlighting the econo...
- Housing prices in 11 small cities up 63% since 2021, beating value growth in top 8 markets: ReportHousing prices in eleven smaller Indian cities have risen significantly since 2021. These markets show higher value appreciation than India...
- The mood, as per Moody's: Shocks keep coming, India keeps growingMoody’s has raised India’s FY27 real GDP growth forecast to 7% from 6%, citing the economy’s resilience amid the Middle East conflict and e...
- Moody’s raises India FY27 growth forecast to 7% from 6% on resilient economy, stronger investmentMoody's has raised India's GDP growth forecast to seven percent for 2026-27. Strong private consumption and robust investment are driving t...
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