CHENNAI: Recovery in rural consumption will be faster than the urban areas, said Godrej Consumer Products (GCPL) MD & CEO Sudhir Sitapati.
“Rural markets have actually picked up, but they got compensated by a very poor urban performance in Q3 (FY25). Our anticipation is rural recovery will be faster than the urban recovery. There were some particular factors in the third quarter, which affected urban consumption. One of them was food inflation and it seems to have come down quite sharply in Q4,” he told reporters.
Both Musk and US President Donald Trump have in the past expressed concerns about India's steep import duties on Read more
NEW DELHI: Union aviation minister Ram Mohan Naidu will Thursday launch Directorate General of Civil Aviation’s (DGCA) “electronic personnel Read more
After nine grueling sessions that wiped out months of gains for retail investors, smallcap stocks are making a strong Read more
MUMBAI: The Reserve Bank of India's (RBI) intervention in the foreign exchange market to stabilise the rupee resulted in Read more