The Rich Are Getting Richer, but the Poor Are Not Getting Poorer: T.V. Somanathan
Increasing consumption among the middle class and the poor in India is a valid policy challenge, the answer to which lies in creating more jobs, says T.V. Somanathan, finance secretary and secretary of expenditure in the Union Ministry of Finance. In an exclusive interview, he also discusses why the current income tax rates are reasonable and why he finds the 3% fiscal deficit target questionable among other issues. Edited excerpts:
Neeraj Thakur - February 29, 2024
Consumption Pattern Slightly Different This Election Year, Says Vijay Chandok
Election years usually bring in volatility in the market. Vijay Chandok, managing director and CEO of ICICI Securities, talks about opportunities and challenges in 2024 for the stock market. Edited excerpts:
Nidhi Sinha - December 29, 2023
We Need To Change Our Consumption Patterns: Dia Mirza
Actress and model Dia Mirza wears many hats. The former Miss Asia Pacific International is the goodwill ambassador for United Nations Environment Programme in India and UN Secretary General’s advocate for sustainable development goals. Recently, she started investing in green business. But it is not just advocacy for her, she walks the talk with her passion for sustainable living
Naina Gautam - January 30, 2023
Editor’s Note
As people next door become influencers on the power of their stories and brands bank on their relatability to influence our consumption behaviour, will this influence ‘heal the world and make it a better place’?
Suchetana Ray - October 30, 2021
“Everything about the market recovery is not froth”
Axis Mutual Fund's Jinesh Gopani on why he is betting on IT and consumption stocks
N Mahalakshmi - March 01, 2021
Every slump has a silver lining
Discretionary consumption has been hurt, but some businesses could see renewed investor interest
June 19, 2020
Kenneth Andrade decodes market cycles to identify the next set of winners
Old Bridge Capital’s Kenneth Andrade expects a structural shift towards saving from consumption in the aftermath of the pandemic
N Mahalakshmi - April 11, 2020
Gautam Trivedi is betting big bucks on this consumption major
TCPL, with its vast distribution network and promising new management, looks expensive but holds great promise
April 09, 2020
The future of Indian retail industry, in numbers
With changing consumer habits, Indian retail is geared for a bright future ahead
April 01, 2020
How Epigamia created a new category in the Indian consumption space
Epigamia has become eponymous with flavoured yoghurt in the country, by transforming the humble dahi into a gourmet lifestyle offering
Shruti Venkatesh - January 20, 2020