Rural India is experiencing an economic transformation, with a surge in the services sector driving growth. A recent report highlights that 112 rural districts, encompassing 291 million people, have exceeded a $2,000 per capita income. This milestone indicates rising prosperity and significant consumer potential, positioning rural areas as key contributors to India’s consumption engine.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and