Consumption
Consumption News
Heat will be kept on in Europe this winter, but what happens after?
The lack of concern about energy consumption of a whole generation of Europeans ended abruptly in 2022, and everyone is mindful of where their thermostat is set. If previously natural gas was cheap and plentiful, it is now scarce and expensive
India's consumption of petroleum products jumps to almost 18% in June
Some of the products that India consumes are naphtha, liquid petroleum gas, aviation turbine fuel, diesel, petrol, lubricants, greases, bitumen, and petroleum coke, among several others
Zomato, Swiggy start home-delivery of alcohol in Odisha; here's how to order online if age permits
On-demand delivery platforms--Zomato and Swiggy, have now announced that they will start delivering alcohol in Odisha starting today.
Weak rupee leads Indian trade body to lift cotton export estimate up 12%; could put pressure on global prices
Indian cotton exports could also limit shipments from rivals such as the United States, Brazil and Australia to key Asian buyers such as China, Bangladesh and Vietnam.
Policy flip-flop on e-commerce: Preferential pricing to gain some market share has to be stopped in its tracks
The government's recent flip-flop on opening of e-commerce to the so-called “non-essential” goods is just one of the many such flip-flops that the Government of India has made in the last 15 years on policies relating to modernisation of India’s retail sector
Coronavirus fallout: Moody's cuts India growth forecast to 5.3% for 2020 on dampened domestic demand
Moody's Investors Service on Monday cut its growth forecast for India to 5.3 percent for 2020 from 5.4 percent estimated earlier, as it expects the coronavirus outbreak to dampen domestic demand globally
Economy not in trouble; green shoots visible with country moving towards $5 trillion economy: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday said the economy is not in trouble and green shoot are visible with the country moving towards a $5 trillion economy
Economy close to collapse; rising unemployment, falling consumption making India poorer: P Chidambaram
Former finance minister P Chidambaram on Monday tore into the Modi government's handling of the economy, saying it was close to collapse and was been attended by "very incompetent doctors."
.jpg?impolicy=website&width=640&height=362 "Nirmala Sitharaman tried to please everyone and ended up satisfying none; Budget 2020 is a lost opportunity")
Nirmala Sitharaman tried to please everyone and ended up satisfying none; Budget 2020 is a lost opportunity
Nirmala Sitharaman's careful grafting and granular approach gave the impression of a government still relying on cautious optimism and refusing to acknowledge the extent and nature of the slowdown that has pushed Indian economy to the brink of a stagflation
Indian economy experienced abrupt slowdown in 2019 on turbulence in NBFC sector, but yet to slip into a recession: IMF
The IMF managing Director noted that the consumption in India also slowed down and that contributed to the overall slowdown in the economy.
Budget 2020: Expect Nirmala Sitharaman to continue with govt's focus on infrastructure development; will boost job opportunities
While commercial housing is on an upswing, rental housing is a very important aspect that should have renewed focus and policy measures to boost residential real estate in the Budget
Various tax exemptions for salaried class has outlived utility; time for Nirmala Sitharaman to enhance them
Currently, the maximum tax rate of 30 percent is triggered at an income exceeding Rs 10 lakh per annum
GDP to grow by 5.5% in FY21 on demand revival, strong policy push but downside risks persist: India Ratings
India's growth rate is expected to be marginally higher at 5.5 percent in 2020-21 against the estimated 5 percent for the current fiscal on the back of strong policy push coupled with a revival in demand, a report said
World Bank projects GDP growth in India to decelerate to 5% in current fiscal on lower consumption, less credit
The World Bank has projected a five percent growth rate for India in the 2019-2020 fiscal, but said it was likely to recover to 5.8 percent in the following financial year
Nature and forests through 2019: The year of uncontrollable rain forests fires all over the world
2019 closed out a “lost decade” for the world’s tropical forests, with surging deforestation from Brazil to the Congo Basin.
IMF may downgrade India's growth forecast significantly in January, says Gita Gopinath; country only emerging market to throw a 'surprise of this kind'
Gita Gopinath warned that the fiscal situation in India is "challenging" and the country will certainly breach the 3.4 percent deficit target
Economic reforms showing impact, says government giving a recap of steps taken to boost growth
Finance Minister Nirmala Sitharaman said on Friday the government has taken concrete measures to implement a planned economic strategy for achieving the five trillion dollar GDP goal by 2024
I-T dept issues tax refunds of Rs 1.57 lakh cr till November: Revenue Secretary Ajay Bhushan Pandey
The Income Tax Department has issued as much as Rs 1.57 lakh crore of income tax refunds in the first eight-and-a-half-months of the current fiscal compared to Rs 1.23 lakh crore in full 2018-19 fiscal, Revenue Secretary Ajay Bhushan Pandey said Friday
Govt focusing on increasing consumption to boost economic growth: CEA KV Subramanian
Chief Economic Advisor Krishnamurthy Subramanian on Friday said the government is focusing on increasing consumption to boost economic growth
Moody's cuts India's GDP growth forecast to 5.6% for 2019; says slow employment growth weighs on consumption
Moody's Investors Service on Friday said it has lowered its 2019 GDP growth forecast for India to 5.6 percent as slow employment growth weighs on consumption