With social distancing becoming the new norm, there is a behavioural shift across all consumer categories
The survey found that around 11 per cent of families bought a new phone after the lockdown, of which 80 per cent were smartphones
The coronavirus pandemic has accelerated the shift to e-commerce, with an increasing number of consumers shopping online at a higher frequency
Point-to-point rate of inflation based on CPI-AL and CPI-RL decreased to 6.25 per cent and 6.10 per cent in September from 6.32 per cent and 6.28 per cent, respectively in August, a labour ministry st
Launched by Prime Minister Modi on Sunday, it is aimed at digitising all rural properties by 2024
The prime minister on Sunday launched the physical distribution of the property cards under the Survey of Villages and Mapping with Improvised Technology in Village Areas (SVAMITVA) scheme
The move will pave the way for villagers to use property as a financial asset for taking loans and other financial benefits
Nielsen defines middle India as urban but towns with population of 1-10 lakh, excluding rural centres and metros.
Rural buying 41% of the total during Apr-Aug
A good kharif sowing season coupled with adequate monsoon rains has raised hopes that the rural economy would prop up consumer spending and incomes
Capital India Finance's fintech subsidiary RapiPay on Tuesday said it aims to deploy 5 lakh micro ATMs over the next two years in the country. RapiPay, which uses a franchised retail network to provide banking business correspondents (BCs) services, has recently launched micro ATMs (mATMs) across the country. The company said it believes that for ATM cash withdrawals, Micro ATMs are a game-changer for Indian consumers, especially the marginalised population located in tier I, II towns and rural India. "We have been able to install over 25,000 devices within a month of its launch. RapiPay Micro ATMs are revolutionary in comparison to the conventional ATMs and offers utmost ease to the consumers enabling them to withdraw cash and do other similar banking activities at any RapiPay Saathi store without having to travel kilometres in search of an ATM," RapiPay MD & CEO Yogendra Kashyap said. Availability of Micro ATMs, AePS (Aadhaar Enabled Payment System) and other services such as ...
Rural India accounts for about half of all consumption. This makes it imperative for companies wishing to establish a foothold in this market to understand the dynamics of the rural economy
An estimated 65 per cent of India's 1.3 billion population lives in rural areas
This, despite a 24% month-on-month drop, indicating scheme's continuing importance in providing livelihood to rural casual labourers during Covid-19 crisis
There will be more people in the north, but wealth will be in the south: good governance can manage such rifts, write T N Ninan
While the pandemic has destroyed livelihoods worldwide, leaving people without jobs, some of biggest hits are likely to be taken by families in countries like India that have few social safety nets
A buy call from CLSA acted as a key trigger
74% rural Indians satisfied with govt's setps fight pandemic, 78% happy with measures taken by their state govt, says Lokniti-CSDS study
A total of 25,371 respondents were interviewed between May 30 and July 16, 2020 during the exercise and all of them were main earners of their households, and thus primarily men
WhatsApp will also expand pilot projects with banking and other partners to cover financial services such as pensions and insurance