Devendra Pant, Chief Economist at India Ratings, discusses the shift in FMCG companies’ concerns from rural India to urban demand. Despite steady GST collections and stable unemployment rates, challenges like food inflation and consumer sentiment issues persist. The government projects GDP growth of 6.5-7% for FY25, cautiously optimistic about inflation.
Basmati rice exporter Amir Chand to launch Rs 440-cr IPO on Mar 24
Basmati rice exporter Amir Chand Jagdish Kumar(Exports) Ltd is set to launch its Rs 440 crore initial public offering (IPO) on March 24.