High inflation

India’s consumption story has now gone in reverse swing, says Congress

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India’s consumption story has now gone in reverse swing, says Congress

Congress has said stagnant wages, high inflation and growing economic inequality in the past 10 years have made India’s consumption story go in a reverse swing. Maintaining that this low consumption rate has made “a leading CEO” lament that the Indian middle class “is shrinking”, Congress warned that without adequate growth in consumption, India’s private … Read more

Inflation’s Next Victim Will Be Your Freedom

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Inflation’s Next Victim Will Be Your Freedom

Opinions expressed by Entrepreneur contributors are their own. Prior to the industrial and technological revolutions, social mobility was a concept that colored the most ambitious, aspirational and fictitious tales. No matter the time or location, an individual’s social class was almost always irreversibly determined by the conditions and lineage they hailed from. Following the Great … Read more