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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
After a year of inflation, GST resets and uneven demand, Parle reflects on what still drives India’s mass market consumption.
After a year of inflation, GST resets and uneven demand, Parle reflects on what still drives India’s mass market consumption.
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.
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.
The kingdom approves its awaited state budget for next year, the Emirates records a new high in economy and Yas Island goes driverless, among other updates.
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.
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.
The kingdom approves its awaited state budget for next year, the Emirates records a new high in economy and Yas Island goes driverless, among other updates.
