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Sunday, September 28, 2025
TopicConsumption

Topic: Consumption

Budget tries to balance growth with fiscal prudence, but relies on spending cuts over revenue boost

Govt has done well to stick to path of fiscal consolidation. It’s unclear if compression of revenue spends net of interest payments is the direction the govt would like to take in coming yrs.

Govt estimates of GDP growth reveal several pain points. Budget 2025 should prioritise consumption

The first advance estimates peg India’s GDP (Gross Domestic Product) growth at 6.4 percent in FY 2024-25, compared to 8.2 percent growth recorded in...

In tradeoff between fiscal prudence & boosting economy, budget should focus more on demand & jobs

With a favourable macro-fiscal backdrop, the finance minister can use the additional fiscal space to either hasten the path to consolidation or support the sectors with subdued growth.

GST regime needs transformation. Rate rationalisation, simplification must be council’s key priority

Layers of complexity due to multiple tax rates result in similar products being taxed differently. There should be a phased move towards a low single rate to reduce incentive for evasion.

India considering personal tax rate cuts to boost consumption, Reuters sources say

The plan could be announced in July, when Prime Minister Narendra Modi's government presents the first budget after BJP failed to win a majority on its own.

Shrinking gap between average rural & urban consumption spends good news, but inequality persists

Consumption inequality between top & bottom 5% of population is more pronounced in urban India, latest Household Consumer Expenditure Survey says. Widest gap in rural Rajasthan & urban Haryana.

Indian economy showing solid growth, but these must be new govt’s top 5 priorities to sustain momentum

The outcome of the general elections has taken a surprising turn, differing from both exit poll predictions and market expectations. However, the agenda for...

Lower on food, higher on conveyance & durables — how consumption patterns changed in past decade

Household Consumption Expenditure Survey shows urban-rural gap has narrowed, particularly at lower levels of consumption, implying effectiveness of govt policies in improving rural incomes.

Here are 5 key takeaways from Household Consumption Expenditure Survey 2022-2023 highlights

Other key findings include spending on food falls in expenditure of rural households in 11 years. Report made after survey of 2.76 lakh-plus households across country.

SubscriberWrites: There is a vicious link between economic growth, consumption and environment

We have to reduce consumption and deal with discomfort for better environment and health, writes Sharang Goyal.

On Camera

Aamir Khan and Salman Khan are still dodging and deflecting the age question, 20 yrs later

On the first episode of Two Much With Kajol and Twinkle, Aamir Khan and Salman Khan were confronted with another hypocrisy: age gaps. And they didn't come out looking good.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

With MiG-21’s exit, India’s squadron strength hits 6-decade low. What are IAF’s plans for the Tejas

While the IAF remains committed to the Tejas programme and has placed orders for 180 Tejas Mk1A, the force is eagerly waiting for the Tejas Mk 2 version.

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.