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The Economic Times
The Economic Times
National

Oil cools, monsoon heats up concerns for India's rural economy

Falling crude oil prices have prompted some analysts to trim India's inflation forecasts for the current fiscal year, but an uncertain monsoon season is emerging as a fresh risk to rural consumption and corporate growth expectations. as per a TOI.

Consumer goods companies are increasingly turning to diversified product portfolios to cushion the impact of a potential slowdown in demand from rural markets, which have been a key driver of India's consumption story in recent years.

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