← Top stories
Data● Neutral for Indian equities
VB-G RAM G: Work demand from households rises 34% to 15.64 mn in September
The brief
- VB-G RAM G household work demand reached 15.64 million in September, up 34%
- Demand rose 26% from August amid monsoon deficits in southern and western states
- Rural demand and monsoon conditions matter for Indian consumer and agriculture-linked companies
- Weak monsoon weighs on rural demand; September tractor sales fall at M&M and Escorts Kubota
- Nifty FMCG falls 6% in six months. Can festive demand trigger a recovery? | Marico, HUL, Tata Consumer among top picks
- Crisil lifts India FY27 growth forecast to 7% on strong H1 momentum
- US core PCE inflation undershoots estimates as Q2 GDP growth is revised to 2.2%
- US PCE inflation rises 0.3% in August as consumer spending surges