Page 7 - Rural Economy

Rural demand to remain muted due to second wave of Covid: Ind-Ra

Covid 1.0 was largely an urban phenomenon despite the large-scale reverse labour migration

Will rabi harvest and procurement script rural recovery amid farmers' stir?

A sharp drop in returns could exacerbate farmers' woes and fuel the ongoing protest; rabi crops currently being harvested are grown mostly in the Northern parts of the country, the hotbed of the stir

All-round show fueling rally in BASF India, stock up 40% so far in CY2021

Healthy demand, focus on cost optimisation and expansion plans drive optimism

Britannia net profit up 22% at Rs 453 cr, revenue rises 6% in Dec quarter

General trade, its largest channel, continues to grow at a healthy pace on the back of buoyancy in rural economy and urban recovery; challenges persist in other channels

No surprises in first advance estimate of GDP, govt expenditure crucial

Rural economy is helping consumption demand, but it is inadequate to compensate for the loss of urban demand.

Chart check: How fertiliser stocks are faring ahead of Q3 nos, Budget 2021

Edelweiss Securities expects earnings momentum in the sector is likely to accelerate in Q3FY21 driven by good start to Rabi along with a healthy cash flow position of farmers

Agri-related stks in focus; FACT, Madras Fertilizers hit 20% upper circuit

FACT and Madras Fertilizers shares were trading at their 52-week highs today

GDP contraction to job losses amid Covid-19: 2020, the year of new lows

The economy floundered, manufacturing contracted and job losses mounted across sectors and skill levels. The urban work force was hit the hardest.

Sharp 23.9% GDP fall in Q1 will take at least a year to recover: Economists

Current year will continue with a drop of 7-7.5% which is lower than the earlier anticipated 10%

India Inc expands direct reach, adds small packs to tap robust rural market

Experts say string focus on Bharat stems from good monsoons, higher MSP in some states, reverse migration and govt's overall welfare push in the villages

FM Sitharaman announces Rs 65,000-crore fertiliser subsidy for farmers

An additional outlay of Rs 10,000 crore will be provided for PM Garib Kalyan Rozgar Yojana

Brace for return migration

Rural economy won't be able to support excess workers forever

Pent-up demand, rural growth bring Maruti Suzuki back in recovery lane

The company remains cautious on full-fledged recovery, given concerns over a second wave of Covid-19

Higher rural demand unlikely to offset urban plunge, warns report

The 270 bps likely incremental growth in agricultural GVA to 17.3% of the economy this year and the resultant spike in rural demand may not compensate for the plunge in urban demand, warns a report

Honda bets big on recovery of rural demand, upcoming festive season

Rural sales at present are around 23 per cent of overall sales, which is nearly the same as in pre-Covid times

Car makers drive in top-of-the-line models in defiance of slowdown

Buyers have been lapping up new model launches, show booking and sales trends

Tractor sales rise nearly 65% year on year in Aug as farming holds steady

Industry remains optimistic for festival months as the supply side has improved significantly compared to last month.

Farm sector will continue to shine in 2020-21 but rural as a whole may not

The non-farm sector occupies a large part of rural income, and unless it grows substantially, just expecting farm growth to bring about rural sector revival is unreasonable, say experts

Rural India gets a mini-public works boost

A good kharif sowing season coupled with adequate monsoon rains has raised hopes that the rural economy would prop up consumer spending and incomes

Parliament panel may recommend portal job cards, data on migrant workers

Committee believes the government has not maintained datasets to estimate the number of migrant workers in country