Why does the Indian consumer remain so hopeful, even when their income says they shouldn't be? The answer might just be what's keeping the entire economy afloat
While the RBI surveys about the current situation on both income and employment have been largely negative, the future expectations survey paints a very different picture
We have a picture of the average Indian consumer grabbing a carton of milk in the morning before riding long distances to work, gorging on vada pav and snacks for lunch, washed down with a cold drink, dropping in to buy a toaster or microwave on the way back to her hovel, and ordering cooked meals for dinner while carefully avoiding the dal and vegetables and putting up her feet while knocking back a peg or two of the local hooch
With India ranking among the 10 richest countries in the world in terms of total personal wealth, a number of foreign brands are lining up to establish a brick-and-mortar presence in the country. CNBC-TV18's Timsy Jaipuria has the details.
With inflation running above the RBI's March 2017 target of 5 percent, future interest rate cuts will likely be hard to come by.
Deepak Panchamia had nothing short of 20:20 vision when he built his start-up to become a leading importer and distributor of stylish and luxury eyewear in India
This week's question is are we seeing more acceptance of Green Technologies today than ever before by the Indian consumer?
At the launch of its RS 7 sportsback, Audi India's chief Joe King told CNBC-TV18 said: “Looking at 2014, we see still some great growth. Is it going to be sustainable and profitable growth.
Results from FMCG majors such as HUL, ITC, and Colgate reveal that the Indian consumer is willing to look for a different brand if it translates to savings under this uncomfortable high inflation.
According to Ajay Dua, former secretary of the DIPP, opening up India's retail sector to foreign players will help control prices.
Talking to CNBC-TV18 in an exclusive, Adi Godrej, managing director and chairman of Godrej Consumer, says that advertising and promotion cost for the company has risen sequentially and is likely to go up further in the coming quarters