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.
Dixon Tech shares rally 5% amid reports of government nod for Vivo JV this month
Dixon Technologies shares surged rose sharply on Wednesday after reports suggested the government may approve its long-pending joint venture with Vivo this month. The proposed