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Is India’s Middle Class Paying More but Saving Less?
New Delhi [India], July 28: India’s economy remains one of the fastest growing among the major economies. Wages have risen in many industries, jobs have been steady and consumer spending is a major component of economic activity. That’s good news for the nation’s middle class, on paper. However, the monthly budget is not the same […]
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Business
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Cost of Living
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inflation
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Why Prices Still Feel High Even as Inflation Falls
New Delhi [India], July 28: Even a trip to the grocery store or a restaurant meal is still a bit more expensive than it was a year ago for many families. However, news reports frequently state that inflation is moderating. So, when inflation is declining, why does everything still seem so costly? The answer is […]
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