“I think broadly speaking, the market does offer a lot from a consumption perspective. So, multiple sectors and it is a very exciting space and has been for some time,” says Jonathan Schiessl, Westminster Asset Management.Wanted your take regarding consumption as a basket? Now, overall demographics of India are quite strong right now and rural … Read more
“So, our own estimate is 6.8% for GDP growth and we have seen in the last two-three quarters a big variance actually between GDP growth and GVA growth. One is sort of from the demand side, the other is from the supply side. And we do think the GVA growth is going to continue to … Read more
Indian consumer goods maker Marico said on Wednesday its revenue for the second quarter dipped as rising food prices and below-normal rainfall distribution delayed recovery in rural demand. Revenue in the quarter was marginally lower on a year-on-year basis, dragged by pricing corrections in key domestic portfolios over the last 12 months, which will progressively … Read more
On Sunday afternoons in April 2020, 27-year-old Ashima Dhawan stealthily took driving lessons within her apartment complex on Madh Island in Mumbai. A nationwide lockdown was on to contain the spread of coronavirus, and asking a friend to teach her to drive was Dhawan’s way of coping with the isolation. She soon bought a Maruti … Read more