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The report noted that the current retail credit-funded consumption binge is likely to experience a hard stop sooner than later on basis of various trends, including a plunge in consumer confidence to a four-year low during the first quarter of the current fiscal.

India's consumption story may stop soon

Brokerage firm Ambit cites low job growth as reason.

12 Sept 2017 1:01 AM IST

Terming the MSME sector as the backbone of the economy, Finance Minister Arun Jaitley on Saturday said the sector would lead the current consolidation phase of the economy. (Photo: PTI)

It's time govt shows the middle class some love

The income-tax structure also reveals an implicit lower bound for middle class income.

30 Jun 2018 5:20 AM IST

Deputy Governor S S Mundra

Mundra flags retail loans focus

The investment to GDP ratio fell to 28.5% in FY18 from 34.3% in FY12.

10 Aug 2018 12:27 AM IST