Sluggish Demand News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Around 17 million EVs will be sold in 2023, up from 14 million in 2014, IEA says, and one in five new cars will be electric

China's industrial profits fell 2.3% in 2023, marking the second consecutive yearly decline. The decline was attributed to sluggish demand at home and abroad, adding pressure on economic growth amid a deep property slump and deflationary risks. However, there were signs of improvement with industrial profits rising 16.8% in December. China's economy expanded by 5.2% in 2023, but its recovery has been shaky due to a protracted housing downturn and slowing global growth.

2024 Polls And Rural Demand: India's FMCG companies are facing challenges in rural markets due to sluggish demand caused by deficient rainfall. Stiff competition from local firms exacerbates the situation. However, there is hope for a recovery in rural demand in FY25 with increased government spending in the election year and the harvest of rabi crops.

India's FMCG companies are facing challenges in rural markets due to sluggish demand caused by deficient rainfall. Stiff competition from local firms exacerbates the situation. However, there is hope for a recovery in rural demand in FY25 with increased government spending in the election year and the harvest of rabi crops.

India's export of cut and polished diamonds is expected to decline by 22% to USD 17.2 billion in the current fiscal year, according to rating agency Icra. The decline is attributed to weakened demand from key consuming nations such as the US and Europe, as well as limited demand from China. Additionally, competition from lab-grown diamonds and elevated prices of rough diamonds have further impacted exports.