Finance minister Nirmala Sitharaman has been leading the Modi government’s economic management in the second term. In a detailed interview after presenting her sixth straight budget, she spoke to TOI on a wide range of issues, and said that govt held its hand while presenting the vote on account as it did not want to…
RK Sharma, CFO, Monte Carlo RK Sharma, CFO at branded apparel company Monte Carlo Fashions, said demand is slow but he expects it to rebound in the January-March quarter. “This year we expect flat to single-digit growth compared to over 23% last year as retail demand was slow in H1FY24 in the Indian economy. It…
Representative Image With Indian consumers continuing to go slow on discretionary spending amid sticky inflation, companies across segments in the country are reporting tepid numbers. Lukewarm demand trends have become the norm for businesses ranging from fashion retailers to quick service restaurant (QSR), ToI reported on August 17. The demand situation is posing a challenge,…
