Poorer, salaried classes can’t lift India’s consumption gloom
Stagnant wages and job growth are straining the economy. The government’s hyped tax breaks can do little to fix what is fundamentally wrong with demand.
14 May, 2025•13 min
2
14 May, 2025•13 min
2
Getting your Trinity Audio player ready...

More in Business
Business
UAE rewrites crypto rules to raise the bar
The Capital Market Authority consolidates oversight, tightens compliance and reworks how virtual assets operate in the country.
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.
Internet
Emergent’s ARR is all smoke and mirrors
The AI startup’s $100 million ARR claim does not quite add up even as Dream11—forced out of real-money gaming—prepares to take its massive user base into stockbroking.
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.







