/
•
•
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...
More in Business
Business
Adani, America and the price of closure
A proposed SEC settlement lifts the biggest overhang on the Adani Group—its access to US capital markets.
You may also like
Business
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.
Business
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.
Business
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.