Rural Demand
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Q2 GDP growth likely to slow to 7.5-7.6%, says SBI research report; data to be out on Friday
•The GDP growth at constant prices (2011-12) was 8.2 percent in the April-June quarter of 2018-19.
Moody's pegs India’s GDP growth for 2018, 2019 at 7.5% on strong urban, rural demand and improved factory activity
•Moody's had in May cut India's 2018 growth forecast to 7.3 percent from the previous estimate of 7.5 percent, saying the economy is in cyclical recovery but higher oil prices and tighter financial conditions will weigh on the pace of acceleration.
Why robust sales of large trucks, higher rural demand for FMCG signal good news on economy
Sindhub •Commercial vehicle sales have been on an upswing for at least three months now, indicating a slow but sure turnaround in the economy
Maruti Suzuki, Hyudai, Honda, Tata, Mahindra, Toyota post double-digit sales growth in November
•Commercial vehicles industry has significantly improved and the sector has bounced back strongly after the hiccups surrounding the BS4 transition, GST implementation and demonetisation that impacted the transport industry, said head of CV business at Tata Motors
India to clock 7.4 per cent GDP growth this fiscal: StanChart
•The Indian economy is expected to clock a GDP growth of 7.4 per cent this fiscal largely driven by the lagged impact of a good monsoon and increased consumer spending, supported by pay commission awards, a Standard Chartered report says.
Eleven reasons why India's 7.4% GDP growth is simply not believable
Fp Archives •While the underlying economy might be recovering, it is very difficult to believe that it is growing at 7.4%
Booster dose from 7th Pay Commission: Get ready for a consumption-driven growth
Dinesh Unnikrishnan123 •The Pay Commission will boost urban consumption; if rains are generous too, the rural demand will revive.
MET sees below normal rains: Here are the sectors, firms likely to be hit
Rajesh •Tractors, two-wheelers, FMCG, agri inputs and banks are likely to bear the brunt of a poor monsoon.
'Rising wages makes consumer goods more affordable for rural households'
Fp Archives •Consumer durables have become more affordable to rural households in recent years, due to rising discretionary spending and relatively low levels of price rise in durables