Consumer Demand

Coronavirus pandemic 'severe demand shock' for Indian economy; will moderate GDP growth: D&B report

The coronavirus pandemic is a "severe demand shock" for the Indian economy and could lead to further moderation in the country's GDP growth as the coronavirus-induced lockdown is causing significant disruption across multiple sectors, says a report

Coronavirus pandemic may adversely affect output and prices: SBI Ecowrap report

The nearly 30 percent fall in global crude oil prices can lower petrol prices by Rs 12 per litre and diesel prices by Rs 10 per litre in India from their present prices, said State Bank of India (SBI) research team's publication Ecowrap published on Tuesday

Domestic passenger vehicle sales drop 6.2% in January on subdued consumer demand: Industry body

Domestic passenger vehicle sales declined 6.2 percent in January as vehicle demand continued to be stressed by rising cost of ownership and slower GDP growth, automobile industry body SIAM said on Monday

Budget may include stimulants to boost consumer demand, says Bank of America Securities report

Finance Minister Nirmala Sitharaman's first full-year Budget is expected to provide short-term stimulants to boost consumer demand, and such measures will get a positive response from markets, an American brokerage report said on Monday

Assocham for cut in GST rates by 25% across the board for next six months to boost investment, consumer demand

Industry chamber Assocham on Wednesday urged the government to reduce GST rate by 25 percent across the board for the next six months with a view to boost investment and demand

IIP has grown just 0.6% this fiscal so far vs 5% in last year; economic recovery depends on how govt spends in Q4

It will take a few more months to understand whether the uptick in the November factory output indicates the beginning of a revival trend

GDP nosedives to 6-year low: India’s got a huge demand problem and that’s not going away soon

GDP growth at 4.5% is the slowest growth since January to March 2013, when the economy had grown at 4.30% when Manmohan Singh was prime minister

Consumer demand muted during Diwali festival; GDP growth may fall to 5.8% in current fiscal: Report

Despite efforts mounted by the government, demand has been "muted" during the festive time, and this leads to a 0.30 percent cut in FY20 GDP growth forecast to 5.8 percent, a foreign brokerage said on Monday

India to take more steps to boost consumer demand, economic growth: CEA Subramanian

India plans to take more steps to boost consumer demand including injecting liquidity through banks and simplifying personal taxes, a top government economic adviser said on Friday, in a bid to raise economic growth from six-year lows

IIP contracts by 1.1% in August: Indian economy is waiting for a Santa to cheer it with bags full of money

The August IIP numbers was the lowest in seven years showing negative growth of 1.1%