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HIGHER CONSUMPTION BRACKETS
From free ration to school uniforms, in-kind welfare moves nearly 22 crore Indians to a higher consumption bracketA recent study indicates that nearly 22 crore Indians benefit from free goods and services provided by the government. This includes foodgr...- India's festive shopping about to change as robots lend helping handThis year's festive shopping in India is gearing up for a transformation as AI tools take center stage. With many intending to spend above ...
- 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...
- 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...
- Rs 80,000 crore digital ad pie: Karan Taurani spots a hidden profit lever in new-age stocksIndia’s new-age internet companies may be sitting on a profit engine that investors are still not fully pricing in: advertising.
- CAG flags Rs 42 crore power subsidy to dormant consumers in Delhi, questions targeting of schemeCAG flagged Delhi government's power subsidy scheme irregularities and questioned beneficiary targeting. Over Rs 42 crore was disbursed to ...
- Automatic for the people: Rising incomes reshape India's car marketAs incomes rise and family earnings change, India's automotive market is poised for a notable shift. In the coming decade, middle-income ho...
- GST cuts will boost consumption by Rs 1 lakh crore in FY26, inflation to decline by 40 bps: BoBBank of Baroda projects a consumption boost of nearly Rs 1 lakh crore post-September, driven by GST rationalization. This could add 0.2-0.3...
- GST Reforms 2.0: Full list of over 40 stocks that can benefit from PM Modi's Diwali promiseGST Rate Cut News: As PM Narendra Modi plans GST structure changes by Diwali, Dalal Street sees potential winners across sectors like auto,...
- Rs 2.4 lakh crore GST boost! Jefferies, Morgan Stanley decode impact on stocks, economyPrime Minister Narendra Modi’s Independence Day GST reform announcement is seen as a game-changer, with brokerages projecting a Rs 2.4 lakh...
- Poverty gap shrinks between rural and urban India in FY24, driven by higher consumption: SBI reportIndia's rural and urban consumption gap is reducing significantly, thanks to government initiatives like direct benefit transfers and impro...
- Ind-Ra ups FY25 GDP growth forecast to 7.5%India Ratings & Research (Ind-Ra) raised India's GDP growth forecast for FY25 to 7.5% from 7.1%, citing improved consumption demand. The gr...
- Budget 2024: What will happen to Income Tax in this Budget, will it be cut?Finance Minister Nirmala Sitharaman is gearing up to present the Union Budget 2024 in late July, her seventh budgetary address. Following t...
- Say hello to a new all-consuming IndiaIndia's consumption is now a combination of a sprinting top-tier that is approaching affluent economy levels, and a mass market that, too, ...
- Pick up in consumption contingent on controlling inflation: India Ratings & Research"One percentage point reduction in inflation will lead to 64 basis points increase in GDP or 1.12 percentage points increase in PFCE (Priva...
- Ind-Ra raises India's growth forecast to 6.2% for FY24; projects inflation to be higher at 5.5%India's economy is expected to grow at a slightly faster rate of 6.2% in the current fiscal year, up from the previous estimate of 5.9%, ac...
- Govt has to give more subsidies because growth tide will not lift all the boats: DK Joshi, Crisil“Whatever the government has done in the Budget for supporting investments is going to play out but they will have to raise the support thr...
- Expansion of organised retail has bolstered the presence of scent brands in India: Rajiv Suri, Shoppers StopProjected to grow from Rs 20 billion to 30 billion market over the next five years, the category has come a long way from the traditional d...
- Why your glass of whiskey and everything alcoholic may get costlierBeer would be the worst hit, with a 15 per cent increase in input costs, the spirits industry that includes other forms of liquor will see ...
- Debate over Delhi's 'high' power tariffs: Why both AAP & Sheila Dikshit may be wrongThe Aam Aadmi Party claims Delhi power tariffs are among the highest, CM Sheila Dikshit insists they are among the lowest. Both may be wron...
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