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Households' sentiments on the general economic situation and employment prospects recorded notable improvements for both the current period as well as the upcoming year
Home loans sanctions contract 2 per cent; consumer loans grow 30%
The company's profit rose 10.8% to Rs 5,572 crore ($670.3 million) in the third quarter ended Dec. 31
The World Bank reported that over 80 million Indians made their first digital transaction after the pandemic
The scheduled caste community has also done worse than upper caste respondents
However, most Indians now expect residential prices to increase in the next six months
It is more likely that elections and El Nino will add to the volatility of consumer sentiments
Expectations of household incomes a year later turned positive in March 2023 for the first time since April 2020
What does National Sample Survey tell us about rural India? What's behind the improvement in consumer sentiments? Is it time to bottom fish as Nifty trades below 200-DMA? What is FATF? All answer here
The recovery in consumer sentiments from the pandemic has been the slowest among all economic indicators
Like the labour market stress is concentrated in urban India, consumer sentiments have also soured essentially in urban India
Demand for bank credit remained healthy at 17.2%, even amidst tighter liquidity conditions and higher borrowing costs, Reserve Bank of India data showed
Chinese consumers last month were almost as negative about their current and future financial conditions as they were in early 2020 as the pandemic was breaking out
The consolidation of consumer sentiments in November rests upon an expectation that the economy will do well in the near- and medium-term future
The major religious minorities - Muslims and Christians - have withdrawn from the labour markets more than the majority faith. But again, the difference is not alarming
Here are the best of Business Standard's opinion pieces for today
Sentiments have neither collapsed, nor have they stepped down after the festive season. They seem to have sustained the elevated levels they had achieved during the festive season
The employment reality is grimmer than what the household survey data tell us. This is true for Chhattisgarh as much as it is for Uttar Pradesh. And, also for other states
Has festival cheer brought India's consumption story back on track? How did railways turn around the freight train? Will banks see better margins in Q2? What is the SC Collegium system? Answers here
The festive season is here. So, what do the sales data and other indicators of the season suggest about consumption, which has suffered due to persistently high inflation? Let's find out