However, inflation was high for most of FY2023. This means the earnings of low-income families —those in rural areas as well as minimum wage earners in urban areas — have broadly been stagnant. But a moderation in inflation, apart from factors such as increased government spend and a rise in incomes, is expected to aid consumer sentiment and, in turn, spending.
Vishal Mega Mart promoter to sell 10% stake worth Rs 5,057 crore via block deal: Report
Vishal Mega Mart’s promoter, Samayat Services LLP, plans to sell 10% equity via block deals worth ₹5,057 crore at a 12% discount. Despite this, shares