Rural demand continued to remain sluggish in India with rural sales moderating to 0.5x urban sales in Q2FY2020. Demand in rural India continues to remain slow due to lower income in the hands of the rural population. In view of sustained slowdown in rural India, Unilever PLC has reduced its revenue guidance for CY2019 and H1CY2020. (Hindustan Unilever Limited's [HUL] contribution is higher in Unilever's Asia-Pacific region). HUL's management also indicated in the Q2FY2020 conference call that slowdown is expected to persist and recovery in demand would...