The lack of discounts and special offers in physical stores, along with large crowds in malls during weekends are some of the reasons why urban dwellers prefer to shop online
In the current wave of building smart cities, we must focus on creating equal cities that bridges the development divide between the core and the outskirts
Top honchos say urban demand continues to grow
A recent report by the State Bank of India (SBI) claimed that India's labour market including female employment is undergoing a structural transformation with self-entrepreneurship in 'all echelons'
Reasons like the proliferation of smartphones and access to the internet in smaller towns have also helped push up demand
But, compared to a month-back the rates are still over 207 per cent more
A staggering 91% of respondents wanted food brands to prominently display the use of artificial sweeteners on the front of the packaging
According to PRICE, the category of rich Indians which has seen the fastest growth in numbers in the five years ending 2020-21 has been the 'super rich' - or those more than Rs 2 crore annually.
The quantity of FMCG goods purchased, or volumes, increased 2.1% in rural markets and 5.9% in cities YoY, the report said
Fewer people are going shopping with families and in groups and more people have been making individual purchases in recent times, said an analyst
Expectations of household incomes a year later turned positive in March 2023 for the first time since April 2020
India needs a more dynamic approach to define rural-urban areas by using technological indicators like night-time light intensity, the Economic Advisory Council to the PM (EAC-PM) has said. EAC-PM member Shamika Ravi in a working paper titled 'What is Urban/Rural India' also suggested that the government needs to establish 'trigger mechanisms' to automate the transition from rural to urban settlement after the prescribed threshold is reached. The EAC-PM also suggested that the government needs to revisit the assumption of creating schemes based on the rural-urban divide, which is a poor proxy for scarcity. "India needs a more dynamic approach to defining rural-urban areas, which includes technological indicators like night-time light intensity," Ravi said. As of December 2017, 'rural' is defined in relationship with 'urban'. Any settlement that is not considered 'urban' is automatically considered 'rural'. "Further, the government needs to establish "trigger mechanisms", which ...
Municipal bonds can play an enabling role
Cities need a newer vision of urban prosperity - one that goes beyond GDP - and addresses the pillars of sustainable development
Report shows 39.5 per cent male workers and 39.4 per cent female workers in urban India declared themselves self-employed
The CEA said there was still pent-up demand in the system, as in the past three years, India had been growing below potential
NITI Aayog CEO Parameswaran Iyer on Thursday said that urbanisation is going to be the key as 50 per cent of India's population will live in urban areas by 2047. Addressing an event organised by industry body FICCI, Iyer said many states have done wonderful work in solid waste management. "Urbanisation is going to be the key. By 2047, 50 per cent of the population will live in urban areas, if you don't have basic services in urban areas, then it is going to be a big challenge," he noted. He said the circular economy is now also becoming increasingly important. Replying to a question on issues of cleanliness of India's tourist destinations, Iyer said," If you want to promote tourism in India aggressively, you better have clean places around, you better have better behaviour by tourists and by the locals." Most beautiful tourist destinations in India are littered.
According to estimates, the state requires about 6.4 million new housing units in the urban and suburban centres in the next five years to meet the target
More than 50 per cent of patients in India are unaware of their high blood pressure, finds a study published in Lancet Regional Health Journal
Calls for world-class financial intermediation services with Indian economy poised to surpass Germany and Japan a few years and nation's population set to become world's largest and youngest