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India’s consumption numbers point to strain, inequality | The Morning Context

LONGREAD
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Business

India’s consumption numbers point to strain, inequality

The latest GDP data, albeit impressive, belie the oft-repeated consumption breakout story and green shoots. Even more worrying is the unequal nature of consumption.

8 July, 2024•12 min

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8 July, 2024•12 min

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India’s consumption numbers point to strain, inequality

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•

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LONGREAD
/
Business

India’s consumption numbers point to strain, inequality

The latest GDP data, albeit impressive, belie the oft-repeated consumption breakout story and green shoots. Even more worrying is the unequal nature of consumption.

8 July, 2024•12 min

0

8 July, 2024•12 min

0

Getting your Trinity Audio player ready...

India’s consumption numbers point to strain, inequality

More in Business

Story image

Akasa, Air India Express or SpiceJet: plenty on offer for Adani’s airline play

Prince M. Thomas

Story image

Akasa, Air India Express or SpiceJet: plenty on offer for Adani’s airline play

A regulatory easing could see the billionaire’s conglomerate move from running airports to owning an airline—an idea he is warming up to, with multiple options open.

Prince M. Thomas

Story image

Suits and countersuits fly between IPO-bound Zetwerk and Ayr Energy

Suits and countersuits fly between IPO-bound Zetwerk and Ayr Energy

Story image

BSE and NSE’s money-with-morals indices struggle to justify their existence

BSE and NSE’s money-with-morals indices struggle to justify their existence

Story image

Ambanis double down but Reliance’s growth engines sputter

The Morning Context team

Ambanis double down but Reliance’s growth engines sputter

The Morning Context team

Story image

Tata Consumer Products struggles with Capital Foods, its most expensive buy

Tata Consumer Products struggles with Capital Foods, its most expensive buy

Story image

Groww just can’t seem to shake off its derivatives dependence

Groww just can’t seem to shake off its derivatives dependence

You may also like

Story image

The Gulf Report: IMF slashes growth projections for Mideast amid Iran war

The regional economy is expected to take a big hit in 2026, venture capital activity is starting to show signs of strain, and Saudi Arabia’s sovereign fund has a new investment strategy.

Harveen Ahluwalia

Story image

How can India make the most of a bad situation amid Iran war?

Though the war in the Gulf is pinching the Indian economy, things aren’t too bad. But much needs to be done if the situation drags on or worsens, rather than waiting for it to come to pass.

Story image

The hidden debt behind rural India’s ‘prosperity’

How well rural consumption is doing is subjective. What isn’t subjective is how growing indebtedness, combined with stagnant income growth, is creating a tinderbox for households, banks and consumer companies that no one is talking about.

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