As growth slows, time to step up spending (The Economic Times)


Through October 2018 to June 2019, 17% fewer cars have been sold compared to the same period a year ago, and bike sales have slumped 11%. These numbers show that the Indian consumer is tightening her belt. Cars and bikes (as well as entertainment and eating out) fall in the category called ‘discretionary spending’, different…


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Updated: July 12, 2019 — 8:59 PM