Page 3 - Consumer Demand

Pent-up demand behind improved economic activity, may not sustain: Icra

The pick up in economic activity in October is the result of pent-up demand and may not sustain going ahead, domestic ratings agency Icra said on Tuesday. Multiple fast-paced indicators, including GST collections, have been showing a sharp recovery since October, which has also led many analysts to revise their overall GDP forecasts for the fiscal. "We caution that the spikes in production seen in the various sectors in October 2020, are an exaggeration of the true recovery on the ground, as they have been driven by a large component of pent-up demand that may not sustain after the festive period is over," the agency's Principal Economist Aditi Nayar said. The factors which remain to be watched are the pace of government spending in the second half of the fiscal, after the unexpected contraction recorded in the September quarter, she added. The potential re-imposition of restrictions in one or more states on account of a fresh surge in CVID-19 infections, may temper the momentum of

We're cautiously optimistic and playing recovery theme: MD-CEO of Axis MF

In a Q&A, Chandresh Nigam of Axis Murual Fund says high-frequency indicators on discretionary spends such as auto sales and realty absorption figures point to strong pent-up demand

ITC, Emami see uptick in discretionary consumer spend in September quarter

Four months since unlock began, demand for essentials remains robust but the frenzy is dying down

BS Awards: Worst behind us as sales show steady rise, says India Inc brass

At the same time, they want the government to focus on job creation, invest in infrastructure, and improve the lives of migrant workers, who faced hardship during the pandemic.

Near zero GDP today, among fastest growing next year: FM on Indian economy

GDP to be flat in FY21, FDI inflow up 13 per cent between April to August 2020, compared to 2019

Cabinet approves bonus for central govt employees, 3 mn to benefit

The bonus will be given in a single installment, through Direct Benefit Transfer, before Vijayadashami, Javadekar said

Stimulus 2.0: FM bets on demand gain for revival. Will the needle move?

The LTC tweak and festival advance will nudge government employees to spend Rs 36,000 crore extra this year

Auto sales recovery may not reflect correct picture, say experts

Carmakers in India report their dispatch to dealers as their monthly sales figures while globally most report retail sales based on registration data

How Covid-19 will change playbook for brands with shift in consumer habits

With a fundamentally transformed consumer, brands need to go hyper-local and reimagine the purchase funnel among other changes: Facebook-BCG

Covid-19 to have deflationary impact due to demand evaporation: CEA

Last week, the government raised its market borrowing programme by a whopping 54 per cent of the Budget estimate to Rs 12 trillion for the current fiscal to fund a comprehensive stimulus package

FMCG woes: How Budget 2020 pushed demand revival further down the road

The Budget's incentives have ignored a large section of middle-class buyers

Budget may provide short-term stimulants to boost consumer demand: Report

Sitharaman will place the budget proposals on Saturday and all eyes are set on the government, which is likely to announce measures to revive the economic growth

Demand, supply and growth slowdowns

For India to complete its development transformation, a switch to a broad-based and more inclusive composition of domestic demand is of the first importance

Industrial output sees steepest fall in 8 years, shrinks 4.3% in September

September saw the slowdown in the manufacturing sector - which accounts for 78 per cent of the index

FMCG firms dig deep in the hinterland to spur sagging rural demand

The rural market, which accounts for 36 per cent of India's FMCG market by sales, contributed 60 per cent to the slowdown

Indian economy on life support, structural reforms need of the hour

What's going on? The Indian economy is facing a perfect storm, beset by a combination of cyclical and structural factors that makes recovery doubly difficult

Despite consumption slowdown, packaged food sector grows 14.4%: IIP data

Branded packaged food market expanded 17.6% in calendar year 2018 to cross the Rs 5-trillion-mark for the first time

Consumer sentiment to remain subdued; banks may re-rate: Vinay Paharia

While previous concerns such as domestic as well as global economic slowdown continue to remain, valuations have become attractive due to the improvement in the underlying fair value.

Services activity falls to 48.7 in Sep; second contraction this year: PMI

India's economy has been hobbled by a demand slump, prompting policymakers to step up fiscal and monetary stimulus to revive growth

India's animal spirits are hushed as consumer demand remains subdued

Economic growth showed little signs of a recovery from a six-year-low