India s stock market hit an all-time high last week, as investors anticipate a third term for Prime Minister Narendra Modi will boost corporate profits. However, consumer debt poses a significant risk. Slow wage growth, high interest rates, and heavy borrowing have strained spending for over 300 million families. Despite this, investors expect post-election growth in private capital expenditure and infrastructure projects
Lok Sabha election winner will first need to repair household balance sheet business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
India's retail inflation slid to an 11-month low in November, helped by a softer rise in food prices, easing the pressure on policymakers to raise interest rates and improving the prospects of loan seekers. The consumer price index (CPI) rose 5.88 per cent from a year earlier, according to data released by the Statistics Ministry on Monday. That’s slower than a median estimate