Rural demand surge: Countryside drives India’s consumption rebound; urban growth seen picking up in Q3 FY26 – The Times of India

Rural demand surge: Countryside drives India’s consumption rebound; urban growth seen picking up in Q3 FY26 – The Times of India

Rural India continues to drive the country’s consumption rebound, outpacing urban markets despite recent policy measures aimed at stimulating city-based spending, according to Motilal Oswal Financial Services Ltd. (MOFSL).According to MOFSL’s latest ECOSCOPE report titled “Rural Rules, Urban Follows,” rural consumption rose 7.7 per cent year-on-year in the second quarter of FY26 — the highest…

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GST cut on essentials: FMCG leaders hail ‘game-changing’ reform; prices may fall up to 10% – The Times of India

GST cut on essentials: FMCG leaders hail ‘game-changing’ reform; prices may fall up to 10% – The Times of India

The GST Council’s decision to slash tax rates on everyday essentials and personal-use products ahead of the festive season is expected to revive domestic consumption, lift rural demand, and strengthen growth in the FMCG sector, industry leaders said on Thursday.According to news agency PTI, FMCG companies plan to pass on the benefits to consumers either…

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