Amazon to cut 18,000 jobs, SC stays Haldwani evictions, no criminality in Zubair’s 2020 tweet, US plans visa fee hikes, Putin orders 36-hour ceasefire
6 January, 2023•1 min
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6 January, 2023•1 min
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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.
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