Consumption News - Latest Updates & Headlines
India's power consumption crossed 131.5 billion units in Feb
New Delhi, March 4: India's power consumption increased to 131.54 billion units (BU) in February this year, from 127.34 BU in the same month last year, according to official figures.
Rising temperatures drove 41 pc surge in peak power demand across India in 2023: Report
New Delhi, March 3: India's peak power demand surged by 41 per cent during the summer months of 2023, driven by rising temperatures and frequent heatwaves, a new report by Climate Trends has found.
India's growth becoming more balanced as private consumption's share in GDP rises
New Delhi, March 2: The good news is that India's growth is becoming more balanced as private consumption's share in GDP rose in fiscal 2025, according to a Crisil report.
Maha Kumbh to drive consumption demand in Q4 FY25, boosting hospitality, trade, and transport Sectors: CareEdge
New Delhi, March 2: The MahaKumbh megaevent will provide a boost to consumption demand in the fourth quarter of the financial year 2025, benefiting sectors such as trade, hospitality, and transport, as per a report by CareEdge.
India's economy set for Q4FY25 boost with increased govt. spending and capex: UBI report
New Delhi, March 2: India's economy is expected to see a boost in Q4FY25, supported by a sustained increase in government spending and capital expenditure (Capex), alongside a pickup in consumption driven by the Maha-Kumbh and wedding season, according to a report by Union Bank of India.
India's GDP remains resilient amid geopolitical challenges: Industry
New Delhi, Feb 28: Despite geopolitical headwinds, India's growth at 6.2 per cent in Q3 FY 2024-25 reflects its resilience and the effectiveness of policies, industry bodies and experts said on Friday.
India's GDP growth accelerates to 6.2 per cent in Q3, growth for 2024-25 seen at 6.5 per cent
New Delhi, Feb 28: India's GDP growth accelerated to 6.2 per cent in the third quarter (October-December) of 2024-25, up from a revised figure of 5.6 per cent in the second quarter of the financial year, on the back of stronger rural consumption following a good monsoon and increased government expenditure on infrastructure projects, data released by the Ministry of Statistics on Friday showed.
India's crude oil consumption set to reach 6.5-7 million barrels a day in short to medium term, says Hardeep Singh Puri
Guwahati, February 26: India's crude oil consumption will touch the mark of six and a half to seven barrels a day in short to medium term, said Hardeep Singh Puri, Union Minister for Petroleum and Natural Gas, on Wednesday.
India's Q3 GDP shows upward bias due to high govt spending, improved consumption
New Delhi, Feb 26: India’s GDP growth in Q3 FY25 is expected to show an upward bias and is likely to be in the range of about 6.3-6.4 per cent, primarily driven by increased government spending and improved household consumption during the festive season, experts said on Wednesday.
Consumption, Financial services stocks leads nifty 50 Index amid significant shift since 2018: Report
New Delhi, February 22: The consumption and financial services stocks leading in inclusions in Nifty 50 index over the last seven years, while industrial & capex and defensive sector stocks were the most excluded, highlights a report by ICICI Securities.
Indore: Man hospitalised after unknowingly consuming fish gallbladder
Indore, February 13: A 42-year-old man was admitted to the hospital following worsening of his health condition after unknowingly consuming a fish gallbladder in Madhya Pradesh's Indore, a doctor said on Wednesday.
India's natural gas consumption to increase nearly 60% by 2030, forecasts IEA
New Delhi, February 12: India's natural gas consumption is forecast to increase by nearly 60 per cent by 2030, driven by robust growth in city gas distribution, industrial demand, and power generation, International Energy Agency said in its 'India Gas Market Report - Outlook to 2030'.
More screen time may lower language development skills in toddlers: Study
New Delhi, Feb 8: Increased exposure to screens such as television and smartphones may lead to lower language development skills in toddlers, according to an international study.
Here's why Karan Johar is looking for a 'rehab'
Mumbai, Jan 31: Blockbuster filmmaker and an avid social media user Karan Johar is on the lookout for a rehabilitation center not for himself but for “reels”.
Global consumption shifting to India, emerging Asia from America and Europe: McKinsey Report
New Delhi, January 28: The global consumption pools are witnessing a significant shift from regions like North America and Western Europe to India and emerging Asia, according to a report by McKinsey Global Institute.
India's economic growth poised to rebound as demand picks up: RBI bulletin
Mumbai, Jan 18: India's economic growth is poised to rebound as domestic demand regains strength reflecting a resilience in consumption, supported by brighter agricultural prospects," according to the RBI's monthly bulletin for January.
Rural consumption will increase but urban consumption may slowdown further in FY26 : Report
New Delhi, January 9: India's economy is navigating a phase of subdued demand as growth in key sectors slows down. Multiple dynamics impact exports, consumption cycles, and income growth, pointing to a challenging outlook for FY26 says a report by Nuvama
'In moderate quantities': Kerala CPI lifts ban on drinking by party members
Thiruvananthapuram, Jan 8: Over three decades after it came out with a directive banning its members from consuming alcohol, the Communist Party of India has now relaxed the curbs, holding that there is no harm in members consuming liquor in moderate quantities.
Lower inflation, reduced interest rates to boost private consumption in FY26: Report
New Delhi, Jan 8: Healthy farm incomes should provide support to rural incomes next fiscal (FY26) and lower inflation and scope for reduced interest rates should improve purchasing power for discretionary spending in India, a report showed on Wednesday.
Growth picks up in Q3 FY25, medium-term opportunities for India intact: Report
Mumbai, Jan 8: The Indian economy is showing early signs of growth pickup in Q3 FY25 as rural consumption is showing recovery due to a good monsoon season, which exceeded the long-term average by 8 per cent, according to a report on Wednesday.
Indians' consumption of pulses, cereals declines by 5 pc as spending pattern shifts: SBI Report
New Delhi, January 4: Indian households have significantly altered their spending patterns over the past 12 years, shifting focus from food to non-food items, according to an analysis by the State Bank of India (SBI).
Consumption inequality declining mostly due to direct benefit scheme: SBI Report
New Delhi, January 3: India is witnessing a significant decline in consumption inequality across rural and urban regions, according to a report by the State Bank of India (SBI).