Rural Consumption News - Latest Updates & Headlines
80 pc of rural households report higher consumption, 42.2 pc see income growth: NABARD
New Delhi, Dec 11: About 80 per cent of rural households have consistently reported higher consumption over the last year -- a hallmark of rising prosperity, a NABARD survey showed on Thursday.
80% of Indian rural households consistently report higher consumption over the past year: NABARD survey
New Delhi, December 11: About 80 per cent of rural Indian households have consistently reported higher consumption over the last year, NABARD's Rural Economic Conditions and Sentiments Survey (RECSS) found, asserting the survey outcome as a hallmark of rising prosperity.
High frequency indicators show GST cuts have accelerated growth: Centre
New Delhi, Nov 27: Various high-frequency indicators reflect that India’s economic activity has gained momentum following the reduction in the Goods and Services Tax (GST), according to the Finance Ministry’s Monthly Economic Review released on Thursday.
SBI projects India's GDP growth of nearly 7.5 per cent in Q2 FY26
New Delhi, November 18: India's economy is expected to have grown by around 7.5 per cent in the second quarter of the current financial year FY26, supported by a pick-up in investment activities, an improvement in rural consumption and the impact of GST rationalization, according to a research report by the State Bank of India (SBI).
Q2 GDP likely to be around 7.5 pc on festive demand boost : SBI Research
New Delhi, Nov 18: India’s economic growth is expected to remain strong in the second quarter, with GDP likely to be close to 7.5 per cent, a new report said on Tuesday.
India's growth momentum to strengthen in 2026 as domestic demand rises: Report
New Delhi, Nov 17: India’s economic outlook for 2026 is set to remain upbeat, with domestic demand emerging as the key driver of growth, a new report said on Monday.
Rural consumption beats urban demand, GDP growth to reach 6.8 pc in FY26: Report
New Delhi, Nov 8: Rural consumption continues to outperform urban demand in the country despite income tax cuts and GST 2.0 reforms aimed at boosting urban consumption, a report said on Saturday.
Rural consumption outshines urban demand as income growth, credit expansion and better rainfall boost consumption: Report
New Delhi, November 8: Rural India continues to lead the country's consumption recovery, outpacing urban demand despite income tax cuts and GST 2.0 reforms aimed at stimulating city-based spending, according to Motilal Oswal Financial Services Ltd. (MOFSL) in its latest ECOSCOPE report titled "Rural Rules, Urban Follows."
Indian stock market benefits from long-term growth: Report
Mumbai, Aug 19: The Indian equity markets are benefiting from long-term growth tailwinds but are witnessing short-term valuation risks, a report said on Tuesday.
Favourable agricultural output, easing inflation to support rural consumption in FY26: Report
New Delhi, July 12: Recent reductions in income tax burdens, benign inflation, lower interest rates and a favourable outlook for agricultural production are expected to support rural incomes and bolster overall consumption in India, according to a new report.
India to outpace G7 economies: Report
New Delhi, June 23: Global capital can no longer overlook India's structural economic advantages, as the nation is poised to significantly outpace G7 economies in growth, according to a report released on Monday by wealth management firm Equirus.
Half of food budget is spent on packaged foods by Urban Consumers: Report
New Delhi May 21: Urban consumers allocate nearly 50 per cent of their food budgets to packaged and prepared foods, giving a significant boost to the FMCG sector, said a recent Deloitte-FICCI report.
India's GDP growth accelerates to 6.2 per cent in Q3, growth for 2024-25 seen at 6.5 per cent
New Delhi, Feb 28: India's GDP growth accelerated to 6.2 per cent in the third quarter (October-December) of 2024-25, up from a revised figure of 5.6 per cent in the second quarter of the financial year, on the back of stronger rural consumption following a good monsoon and increased government expenditure on infrastructure projects, data released by the Ministry of Statistics on Friday showed.
Rural consumption will increase but urban consumption may slowdown further in FY26 : Report
New Delhi, January 9: India's economy is navigating a phase of subdued demand as growth in key sectors slows down. Multiple dynamics impact exports, consumption cycles, and income growth, pointing to a challenging outlook for FY26 says a report by Nuvama
Lower inflation, reduced interest rates to boost private consumption in FY26: Report
New Delhi, Jan 8: Healthy farm incomes should provide support to rural incomes next fiscal (FY26) and lower inflation and scope for reduced interest rates should improve purchasing power for discretionary spending in India, a report showed on Wednesday.
Growth picks up in Q3 FY25, medium-term opportunities for India intact: Report
Mumbai, Jan 8: The Indian economy is showing early signs of growth pickup in Q3 FY25 as rural consumption is showing recovery due to a good monsoon season, which exceeded the long-term average by 8 per cent, according to a report on Wednesday.
Indians' consumption of pulses, cereals declines by 5 pc as spending pattern shifts: SBI Report
New Delhi, January 4: Indian households have significantly altered their spending patterns over the past 12 years, shifting focus from food to non-food items, according to an analysis by the State Bank of India (SBI).