Page 2 - India's Consumption

Maharashtra, Haryana saw biggest drop in rural consumer spending: NSO data

Rural parts of Haryana and Maharashtra saw an 18 per cent fall in consumer spending in 2017-18, compared to 2011-12

Amid rising gloom, better alcohol sales buck weak consumption trend

More than 90% of the shopkeepers said footfalls were lower in Diwali compared to last year and there were also empty shelves and early store closures despite the festive season

Here's what India can learn about tax cuts from the American experience

Finance Minister Nirmala Sitharaman is betting that local firms will pass on the corporate tax cuts to customers in the form of lower prices to stimulate demand

HUL slips 2% as it reduces prices of Lux, Lifebuoy and Dove soaps

For the quarter ended June 30, 2019, the FMCG bellwether reported 15 per cent year-on-year (YoY) growth in its net profit at Rs 1,755 crore.

Consumption stocks gain in trade, HUL, Pidilite Ind hit 52-week highs

Britannia Industries, on the other hand, was trading nearly 5 per cent higher at Rs 2,656 apiece on the BSE.

Analysts eye festive season for consumption revival; top stocks to buy

At the bourses, Pidilite, Asian Paints, Berger Paints, Nestle and Marico have gained up to 24 per cent on a year-to-date (YTD) basis. In comparison, the Nifty50 has added nearly 1.5 per cent.

Britannia Industries falls nearly 4% as worries over demand slump deepen

For the quarter ended June 30, 2019, Britannia Industries reported a 5.9 per cent year-on-year (YoY) growth in consolidated net sales at Rs 2,677.3 crore, while its net profit fell by 3.7 per cent YoY

Consumption-investment cycle needs to improve, say FMCG CEOs and veterans

Call for rural stimulus package and better transmission of RBI's interest rate cuts

Analysts turn cautious on consumption-related stocks as growth slows

Since the presentation of the Budget on July 5, the Nifty Consumption index has slipped 5.7 per cent (till July 23) as compared to a 5 per cent fall in the Nifty50.

What's hurting India's consumption? Here's what RBI survey has to say

The RBI survey painted a rather pessimistic picture for the future

Why consumption must slow down

GDP growth may get hurt too as a weaker currency and higher interest rates drag down consumption to bridge balance of payments deficit

India's millennials to be catalyst for consumption

Goldman Sachs report identifies eight consumer segments or cohorts based on income and percentage of population