Charting the rapid rise of India’s affluent class

The number of “affluent” Indians—those with an annual income of $10,000 (around ₹8.3 lakh) or more—has…

Festive buying spree cheers luxury brands

NEW DELHI : Companies expect a significant surge in luxury goods demand in the ongoing festive…

Trade data provides more evidence of India’s K-shaped recovery

New evidence is piling up for India’s K-shaped recovery. Comes from the latest business data. Liquor…

The road to recovery: on sustaining growth

The latest GDP and GVA estimates from the Office for National Statistics have confirmed that the…

China’s love for luxury may be reestablished by their shared prosperity

General Prosperity, President Xi Jinping’s policy directive, will not remove luxury goods from Chinese malls. But…