Urban Consumption

Households became more cautious about the economy, jobs and inflation in July, though they remained optimistic about income growth and spending, RBI's latest surveys showed

The middle-income households will be spread evenly across population clusters, making up 63 per cent of households in the Big Six by 2031, 59 per cent in Boomtowns, 57 per cent in Breakout Cities and

India has improved access to safe drinking water, but one in four people still lack reliable supply, with rural areas and groundwater dependence a key concern

As urban populations surge, the call is growing for cities built around people's lived realities, not outdated templates or top-down planning

S Mahendra Dev discusses a wide-range of issues, including the impact of artificial intelligence (AI) on jobs, demand trends, and increasing the share of manufacturing in the economy

Consumption stocks: With RBI cutting repo rate and CRR amid easing inflation, consumer sentiment is expected to improve. Find out which consumer stocks could benefit the most and top stocks to buy

Improving economic indicators yet to impact consumption, says market researcher

Industrial sector expansion is, however, expected to remain subdued

Coffee prices have been going up because both robusta in Vietnam is seeing a bit of issues and Arabica in Brazil is also seeing a bit of issues and therefore there has been a run up

Lulu Shopping Malls, Nexus Select Trust, Phoenix Mall, Brigade Group, and others are scouting for malls that can be redeveloped or better run

The RBI MPC, on Wednesday, unanimously decided to cut the repo rate by 25 basis points, bringing it down to 6 per cent, from 6.25 per cent earlier.

FMCG companies have increased their promotional intensity with higher discounting in modern trade and e-commerce, which is a sign of competitive intensity

92 pc of CEOs say consumption would get a boost with tax exemptions

Kerala, Telangana, and Tamil Nadu lead India in household consumption, surpassing the national average in spending

Conversely, among non-food items, rural households reduced spending on medical care, education, rent, fuel, and durable goods

Consumption inequality in rural as well as urban areas declined during August 2023-July 2024 period as compared to a year ago, according to the latest Household Consumption Expenditure Survey released on Friday. The Gini coefficient declined to 0.237 from 0.266 for rural areas and to 0.284 from 0.314 for urban areas during the period under review, a statement by Ministry of Statistics & Programme Implementation on the survey said. The Gini coefficient statistically measures consumption inequality and wealth distribution within a society. The "consumption inequality, both in rural and urban areas has declined from the level of 2022-23," stated the Household Consumption Expenditure Survey (HCES) based on the fieldwork undertaken during August 2023 to July 2024. The average MPCE (monthly per capital expenditure) in rural and urban India in 2023-24, without taking into account the social welfare schemes, has been estimated at Rs 4,122 and Rs 6,996 (at current prices), ...

Urban demand grew by 2.8 per cent, while rural demand increased by 6 per cent, up from 5.2 per cent in the April-June quarter

While rural demand has shown an uptick, rising food inflation and a slowdown in credit growth pose challenges, potentially dampening the country's growth in the second quarter of 2024-25

Urban prosperity should hardly be dependent upon government support, which is after all unsustainable over a long period

Rising food inflation leading to sluggish FMCG demand