Demand for fast-moving consumer goods in urban markets remained slower than that in rural areas, although volume growth doubled sequentially in the December quarter.
The message from India's Budget 2025 was subtle, yet clear: the middle-income class has to spend more to boost corporate earnings and spur the economy.
IST, the barometer index, the S&P BSE Sensex, tumbled 311.56 points or 0.41% to 77,953.88. The Nifty 50 index declined 90.30 points or 0.38% to 23,606.
Benchmark indices Sensex and Nifty gave up early gains and were trading lower on Thursday (February 6, 2025) amid caution ahead of the Reserve Bank of India’s (RBI’s) monetary policy decision and ...