If India grows @6-7%, can ITC grow 14-15%? Here’s what Sanjiv Puri has to say

If India grows @6-7%, can ITC grow 14-15%?  Here’s what Sanjiv Puri has to say

Sanjiv Puri, CMD, ITC, says the Indian economy and even rural India has been very resilient. The infrastructure that has been created, the connectivity, focus on housing and digitisation, the direct benefit transfer and stuff like free food grain distribution are some of the very important steps taken in terms of the investment in the … Read more

Has the pandemic helped in reviving rural economy?

photo

The pandemic may have actually led to reverse migration, though the jury is still out on whether there is a positive impact on rural demand and growth. The number of very small ticket business loans rose 100 percent since the pandemic ( FY’19-21), while retail loans rose 30 percent, data from credit bureau CRIF High … Read more

Covid surge: Rural auto, FMCG demand not as green as lush fields

photo

Rural demand for discretionary products from non-essential consumer goods to automobiles is expected to remain muted this fiscal despite record agricultural produce and good monsoon prediction due to a steep surge in Covid-19 cases in India’s villages, a new report has said. “Loss of impulse demand is expected to be more pronounced in rural areas … Read more

Rural & agri-focussed stocks that can do well over next 6-12 months

photo

The demand for personalised transport will remain for quite some time at accentuated levels. All this helps two-wheeler manufacturers. So, Hero MotoCorp, Bajaj Auto and even TVS need to be looked at, says Sudip Bandyopadhyay, Director, Inditrade Capital Where do you stand when it comes to the private baking names because this has been a … Read more