The government is trying to boost domestic demand among its vast middle class as food inflation dents disposable income.

A head of India’s budget on February 1st, Narendra Modi asked Lakshmi, the Hindu goddess of wealth, to bless the poor and the ...

The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive ...

Over 100mn people — mostly in Asia — are expected to join the middle class every year. Having just returned from vibrant Vietnam, I can see why. This week, however, I wanted to focus on the state of ...

Consumption expenditure is the the most important component of demand. The Budget must introduce favourable measures to boost consumption, such as increasing tax exemptions and creating a favourable b ...

The government announced a massive income tax relief in a bid to stimulate consumption in the economy, while also staying ...

Market report delivers crucial insights into the market's growth trajectory and the primary revenue drivers anticipated ...

The pace of middle-class growth matters enormously—and not just ... Economist Intelligence Unit (EIU), our sister company (see chart 1). We opted for an absolute measure, defining “middle ...

Saugata Gupta, MD & CEO of Marico, calls Union Budget 2025-26 a "bold and forward-looking plan" focused on the middle class.

The personal taxation relief for the middle class should be positive for discretionary spend, particularly in autos, ...

Steven Greenway, flyadeal Chief Executive Officer, said: “2024 proved to be a year of tremendous achievements and milestones ...

The Finance Minister, Nirmala Sitharaman, presented the Union Budget 2025-26, outlining key priorities aimed at accelerating ...