Rural saving is also on the rise as evident in rising number and outstanding amounts of savings bank accounts, the study said The study noted that the receding of inflation pressures appear to be the most important metric in rural spending resurgence, driving a catch-up with urban consumption volumes.
Citi bullish on Indian equities, sees Nifty at 28,000 by end-2027
Citi Research projects that India’s benchmark Nifty 50 index could hit 28,000 points by the end of 2027. This forecast is based on strong earnings
November 9, 2026