Consumption

Economic expansion may be under pressure as the "full-blown impact" of the Reserve Bank of India's 250 basis point hike in borrowing cost since May gets transmitted to end-consumers, Crisil Ltd., the

Tea drinkers forced to downgrade to lower qualities of beverage; consumption also impacted by rising milk prices

Govt capex carries capital formation

In their quarterly update, Godrej Consumer Products, Dabur, and Marico witnessed sluggish growth in the December quarter (Q3) driven by poor rural consumption and a slowdown after the festival season

The global savings glut may persist as, despite ageing rapidly, Asia can continue to be a net saver

But slowdown visible in H2, shows first Advance Estimates of GDP for FY23

India's power consumption logged a double-digit growth of over 11 per cent to 121.19 billion units in December 2022 compared to the year-ago period, according to government data. The robust growth of power consumption indicates sustained momentum of economic activities in December. Experts say power consumption and demand will further increase in January due to use of heating appliances, especially in the northern parts of the country, and further improvement in economic activities. In December 2021, power consumption stood at 109.17 billion units (BU), higher than the 105.62 BU in the same month of 2020, the data showed. The peak power demand met, which is the highest supply in a day, rose to 205.03 gigawatt (GW) in December 2022. The peak power supply stood at 183.24 GW December 2021 and 182.78 GW in December 2020. The peak power demand met was 170.49 GW in the pre-pandemic December 2019. Electricity consumption in December 2019 stood at 101.08 BU.

Brokerages expect double digit earnings growth over the next three years

The government's PLI scheme, introduced in 2021, had an outlay of around Rs 2 trillion for 13 sectors

India's power consumption logged a double-digit growth of 13.6 per cent to 112.81 billion units in November 2022 compared to the year-ago period, according to the government data. The robust growth of power consumption in the month mainly indicates an increase in economic activities as generally it remains subdued in November. Experts say power consumption and demand will further increase in the coming months due to use of heating appliances, especially in the northern part of the country, and further improvement in economic activities on account of the beginning of the new rabi crop season. Farmers use electricity to run tubewells for irrigation for new crops. In November last year, power consumption was 99.32 billion units (BU), higher than 96.88 BU in the same month of 2020, the data showed. The peak power demand met, which is the highest supply in a day, last month rose to 187.38 gigawatt (GW). The peak power supply stood at 166.10 GW in November 2021 and 160.77 GW in November

PFCE, a proxy for household and private sector consumption, was 61.6% of nominal GDP in Q2FY23, as against 61.1% in the previous quarter and 59.5 per cent a year ago

Volumes decline 3.6%; urban areas sustain at 1.2 %: NielsenIQ

The country's FMCG industry continued to witness consumption slowdown in the September quarter, with rural markets registering a higher decline in volumes compared to the three months ended June, says a report. Also, consumers continued to prefer purchasing smaller packets amid companies hiking prices in response to broader inflationary pressures, according to the report released by data analytics firm NielsenIQ on Thursday. The FMCG industry witnessed an overall volume decline of 0.9 per cent in the September quarter in comparison to the preceding three months. This was the fourth consecutive quarter with negative volume growth for the industry and is "attributed to the double-digit price growth for the past six consecutive quarters," the quarterly FMCG industry report said. Rural markets recorded a volume decline of 3.6 per cent in the September quarter in comparison to a decline of 2.4 per cent in the June quarter. "The consumption decline in the rural markets continues to be l

The fair value growth of the Nifty is expected to be healthy in the long run, driven by a strong economic growth outlook, says Paharia

Nine-day Navratri festival saw retailers witness the highest footfalls in two-three years across segments such as automobiles, consumer appliances, and apparels

The high revenue growth has largely been predicted due to increasing mall supply in next six years, sustenance of rising consumption demand

Today, far too many people earn far too little to support consumption growth of the kind the economy needs, notes T N Ninan

On a quarter-on-quarter basis, GDP lost 0.1%, beating median market expectations for a 0.3% drop

The FMCG industry saw decline in volume in the January-March period as consumption was impacted by price increases, especially in the food and essentials categories, said a report by NielsenIQ.

A recent IMF working paper said that India's consumption inequality during the Covid-affected 2020-21 fell to near the lowest level in the last 40 years. It was due to the govt's free ration scheme