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Domestic consumption held gains in April, rural recovery continues

According to QuantEco Research#39;s TRUCE index, India#39;s consumption levels edged up in April from March, although urban demand for goods may cool down in 2023-24 as consumers feel the pinch of higher interest rates as the Reserve Bank of India#39;s rate hikes get passed on by banks.

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​ According to QuantEco Research#39;s TRUCE index, India#39;s consumption levels edged up in April from March, although urban demand for goods may cool down in 2023-24 as consumers feel the pinch of higher interest rates as the Reserve Bank of India#39;s rate hikes get passed on by banks. According to QuantEco Research#39;s TRUCE index, India#39;s consumption levels edged up in April from March, although urban demand for goods may cool down in 2023-24 as consumers feel the pinch of higher interest rates as the Reserve Bank of India#39;s rate hikes get passed on by banks.  Moneycontrol Latest News Read More  

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