Heatwave could keep inflation at elevated levels: India Ratings
India Ratings and Research says this can have an impact on rural demand, which has been under stress in the aftermath of Covid-19.
rural demand
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Rural demand to remain muted this fiscal, expect green shoots in FY24
Rural India contributes around 36% (due to lower per-capita consumption) of consumer goods companies' revenue, but it accounts for two-thirds of India's population.
Inflation poses significant challenges for FMCG firms: ITC
Private consumption remains subdued and below its pre-pandemic growth path while rural demand witnessed a marked slowdown, says ITC.
RBI announces steps to fight second wave of Covid-19
The central bank unveils liquidity facility of ₹50,000 crore for access to emergency health services, and ₹10,000 crore for small finance banks’ on-lending, among a slew of measures to fight Covid-19.
Cautiously optimistic credit outlook for FY22: CRISIL
Aided by strong demand recovery, credit ratio rebounds to 1.33 in H2FY21, from 0.54 in H1FY21. GDP could grow at 11% in FY22, but the resurgence in Covid-19 cases is a key downside risk, says CRISIL.
Weak retail growth worry hits Bajaj Finance
Slowing consumer expenditure and falling demand from small business is beginning to show on Bajaj Finance, considered one of the strongest non-banking finance companies in the business.
Inside the issue: January 2019
Why is the Walmart-Flipkart deal what we at Fortune India call the “Move of the year”? Our predictions on what the biggest trends and stories of 2019 are going to be, and more from the latest issue.
Harsh Mariwala Unplugged
Catch Harsh Mariwala, the man behind Marico - the maker of popular household brand Parachute, at his candid best in a conversation with Fortune India.
Cloudy with a chance of sunshine
March quarter earnings point to growing sales, but falling profitability. Sustaining demand, NPAs resolution, and the government’s stance in a pre-poll year will be key for FY19 earnings.
Rural FMCG growth bounces back: Nielsen
A Nielsen report shows consumer goods consumption growth in rural markets has bounced back post-demonetisation and GST to faster rates compared to urban markets.
