Final consumption expenditure

The retail of fast-moving consumer goods (FMCG) is going to dominate India’s retail sector for a few years as the private consumption of these products is estimated to be high from this fiscal.According to the government report on Revised...

In India, once upon a time, spending on luxury was the last thing in the mind of a middle-income consumer. Now, with the rise in per-capita income, the consumption patterns are starting to change. While clothing and footwear, as...