rural demand

RBI projects 7 pc growth for next financial year

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[ MUMBAI: The Reserve Bank of India on Thursday projected a GDP growth of 7 per cent for 2024-25 financial year, which is lower than the 7.3 per cent expansion estimated for the current fiscal. Announcing the bi-monthly monetary policy, RBI governor Shaktikanta Das said rural demand continues to gather pace, urban consumption remains strong … Read more

FMCG: FMCG flavours: Better volumes, rural demand revival uptick and double-digit volume growth in ’24

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[ NEW DELHI: From an uptick in rural demand to higher volumes and favourable commodity prices, the country’s FMCG industry is pinning hopes on diverse catalysts for a double-digit volume-led growth in the new year after a challenging 2023. Weaker-than-expected festive demand, rainfall deficit that hampered rural growth, unseasonal rains that dampened sale of beverages … Read more