The laureates’ award-winning work sheds some light on the lasting effects of colonialism on the economy—a problematic period that India is yet to truly recover from.
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Budget 2025-26 backs off from supporting the economy when it is badly needed, choosing instead to play to the gallery. What next for consumption?
The middle income segment—the largest in terms of consumption—may not really be witnessing any reduction in size, but factors such as unemployment and inflation are sure contributing to a sharp dip in purchasing power.
A Citibank report and the RBI’s latest estimates show two vastly different narratives of India’s jobs situation. It’s crucial to put both into context before jumping to conclusions.