Consumption

Top 10% consumers cause $5.7 trn in environmental damage annually: Study

The world's highest-consuming 10 per cent of people could be causing an environmental damage worth USD 1.7 trillion to USD 5.7 trillion a year -- 60 per cent of which live in the US and the European Union (EU), while only about two per cent are in India, a new study has estimated. About 40-45 per cent of EU's and over half of the US' population falls within the highest-consuming group, findings published in the journal Communications Sustainability show. Researchers from the universities of Oxford in the UK and Leiden in the Netherlands combined consumption-based environmental footprints with prices from the Environmental Prices Handbook 2024 to estimate the monetary cost of damage across climate change, biodiversity loss, nitrogen and phosphorus pollution, and freshwater use. It looked at six countries -- Brazil, China, Egypt, Germany, India, and the US. The team found that damage through biodiversity loss makes up 47-56 per cent of the total bill -- the biggest contributor -- ...

Fuel price hike may push back the consumption story amid higher inflation

Slowdown in consumption will come in the way of private investment, which can now turn further cautious on taking such decisions.

Domestic consumption sustaining growth momentum, says FM Sitharaman

Domestic consumption is sustaining the growth momentum in the economy, and predictable policy support is essential to ensure that the pace of GDP expansion continues, Union Finance Minister Nirmala Sitharaman said on Friday. Speaking at an event organised by SBI here, Sitharaman also said that a committee of bankers is looking into the issue of whether to allow exclusive distribution tie-ups for selling third-party products by banks or adopt an open architecture approach. She also urged banks to focus on the physical contact with customers as they go global and digital. The minister further said that the disinvestment process of IDBI Bank will continue going ahead. "...consumption emerging out of its domestic market itself is able to sustain our growth, which is the fastest even now in the world," she said. The finance minister said that while it is necessary for the consumption for the growth process to continue, it is also pertinent to have predictable policies. "...unless our

FMCG firms expect high single-digit growth in Q4 despite global risks

FMCG companies expect steady growth in Q4FY26 driven by strong domestic demand, even as geopolitical tensions weigh on international markets

Gen Z to command $1.3 trillion consumption in India by 2030: Report

By 2030, Gen Z will comprise 27 per cent of India's population and will command USD 1.3 trillion in consumption, reshaping consumer markets with a focus on experiences, sustainability and digital convenience, according to a report by Redseer Strategy Consultants. The report, titled "Gen Z: Defining Trends, Influencing Spends," analyses how this demographic, born between 1997 and 2012, is prioritising value-driven choices. "Gen Z will occupy a greater share of the population, and command USD 1.3 trillion in consumption by 2030. This generation shuns labels, valuing inclusivity, self-expression and authenticity. Through this phase of self-discovery, they prioritise aesthetics and new experiences -- all of which reflect in their behaviour as consumers," the report noted. Gen Z's emphasis on aesthetics is evident in their engagement with the beauty and personal care (BPC) sector. By 2030, this group is projected to account for nearly USD 19 billion share of India's BPC market. One in t

New GDP series: Consumption demand recovers in FY26, govt spending flat

India's Second Advance GDP Estimates for FY26 signal strengthening private consumption, steady government spending and firmer investment momentum, reflecting shifts under the revised GDP series

Budget may make India an investment-led and export-capable economy

The organising idea is clear: India is no longer trying to grow fast; it is trying to grow well

Best of BS Opinion: Fresh US tariffs could wipe out India's goods exports

Today's Best of BS Opinion covers US tariff threats linked to Russian oil, the Grok AI content debate, small finance banks' record, cracks in India's growth story, and a Cold War spy tale

India's demand story is more broader than the old consumption binaries

India's consumption story spans mass and class markets alike, with demand spread across regions and incomes, calling for better tracking of household cash flows rather than outdated binaries

India's new GDP series to reboot consumption maths as spending shifts

India will use household consumption survey data to estimate spending in the revised GDP series, reflecting a shift as families now spend more on non-food items than food

IMF urges China to cut exports, boost consumption with bold reforms

The IMF upgraded its China growth forecast for 2025 to 5%, from 4.8%, citing the production powerhouse's strong outbound shipments, also lifting its 2026 forecast to 4.5%, from 4.2%

Consumption demand zooms to 3-quarter high; govt spending declines in Q2

Economists reckon this recovery could be a sign of the broadbasing of consumption in the economy, with rural consumption leading the way

Manufacturing muscle lifts Q2 GDP growth to 6-quarter high of 8.2%

FY26 estimates to be revised upwards after faster-than-expected expansion

Lower GST rates to spur consumption and drive growth:  S&P Global

"If India can secure a trade agreement with the US, it will reduce uncertainty and enhance confidence, which would boost labour-intensive sectors," the report added

KKR maps credit, infra push in India: Mkt of 'critical strategic priority'

India has moved to the center of KKR's Asia strategy as domestic consumption rises and policy remains supportive of private capital, Nuttall said

Orkla India vs Studds Accessories vs Lenskart IPO: Where to put your money?

Studds Accessories IPO opened on October 30 and will close for subscription on Monday, November 3, while Lenskart Solutions is set to launch its ₹7,278 crore IPO on Friday, October 31

Reading the tea leaves on consumption: Rural strong, urban to follow

Urban consumer perceptions on the economic situation are still in the negative zone, though getting progressively less negative from January 2025

NFO alert! Motilal Oswal MF launches Consumption Fund; check details here

Motilal Oswal Consumption Fund will focus on high-growth pockets of the consumption theme, including organised retail, digital services enabling consumption

Retail sector projected to nearly double to $1.93 trn by 2030: Report

India's retail sector is projected to nearly double to USD 1.93 trillion by 2030, growing at a 10 per cent CAGR, with the momentum anchored by a deep home market that acts as a buffer against global trade volatility, according to a Deloitte-FICCI report. The country's retail and consumer landscape is undergoing a transformation, powered by robust domestic consumption alongside a surge in digital adoption, premiumisation and the rapid rise of e-commerce across both urban and emerging markets, it said. As per the report titled 'Spotting India's PRIME Innovation Moment', India's retail sector was valued at USD 1.06 trillion in 2024, and the rising purchasing power, including Gen Z's direct spending capacity of USD 250 billion, is not only sustaining domestic demand but also fuelling brand confidence to scale internationally. Evolving Free Trade Agreements (FTAs) and tariff realignments are further enhancing India's export competitiveness, allowing 'Made in India' products to reach new

Investors pivot to quality, fundamental picks over momentum: PGIM India MF

As investment patterns in the Indian markets shift to high growth and good quality stocks, PGIM India MF suggests a portfolio strategy