Rural consumption will increase but urban consumption may slowdown further in FY26 : Report

New Delhi [India], January 9 (ANI): India's economy is navigating a phase of subdued demand as growth in key sectors slows down. Multiple dynamics impact exports, consumption cycles, and income growth, pointing to a challenging outlook for FY26 says a report by NuvamaThe report identifies four factors--wealth effect, incomes, leverage, and fiscal transfers--as key drivers of consumption cycles. Over the past two decades,