Why the Union Budget can do little to push India’s consumption story

Income inequalities have put the onus of consumption growth on a small group of buyers. But this growth is tapering, leaving companies competing for pieces of a stagnating pie, with serious costs.

22 July, 202415 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Business
Story image

An uneventful Reliance AGM that could not have been otherwise

Everyone seems to be disappointed with the company’s annual general meeting. With hands full and businesses that need further nurturing, this was not the time for big-bang announcements. And so it was.

Business
Story image

Al-Futtaim, Cenomi Retail and understanding their landmark deal

The Emirati conglomerate has decided to aid the faltering Saudi firm, in what looks like one of the biggest retail alliances the two economies have seen in a long time.

Business
Story image

Many shades of grey in l’affaire Jane Street

The proprietary trading firm’s guilt is as obvious as its innocence, depending on who you ask. However, the truth often lies in the grey areas. Many answers are needed from both Jane Street and SEBI.