When purchasing power dries up so much that rural labourers & urban blue-collar workers have to think twice about biscuits, then the situation is desperate.
India’s premier defence public sector undertaking, Hindustan Aeronautics Limited, will have a new Chairman and Managing Director in May 2026. The selection process has...
While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.
Taylor ‘Fema’ Hiester, commander of USAF F-16 Viper Demo Team, hit out at air show organisers for continuing with the show after Wing Commander Namansh Syal lost his life in the incident.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
Can low volume sale of biscuits measure slow down? The makers need to investigate whether the low income consumer are getting some thing more cheaper or may be they are eating more Pani puri for ₹10.
I’ve always admired Andy for his brilliant writing style, ability to present complex issues in a easy-to-understand fashion, and his grip over economics and finance. As a business journalist myself, I’ve taken Andy as a role model. But this article is so dense. He monkeys from subject to subject, from biscuits to divvying up economy to Air India to GST to NBFCs to microfinance. And makes sweeping, editorializing statements like “The poorly designed, badly implemented plan backfired”.
But the core message is that the Indian economy is doing so bad, wages are so bad that people can’t buy Rs 5 biscuit packets. Rubbish! There is a slowdown because the economy is in a structural change wobble, but for sure things are not so bad.
Yes, tie aspirational economy is measured by Mercedes sold, not biscuits. It makes these so called economist ashamed. Who is in delusion???
To conclude that situation in India is bad because sake 5 RS biscuit packet has gone down is “bullshit”.
Just gibberish
One of the most consistent cheerleaders has been Sunil Alagh. Wonder what he makes of the current situation.
Can low volume sale of biscuits measure slow down? The makers need to investigate whether the low income consumer are getting some thing more cheaper or may be they are eating more Pani puri for ₹10.
I’ve always admired Andy for his brilliant writing style, ability to present complex issues in a easy-to-understand fashion, and his grip over economics and finance. As a business journalist myself, I’ve taken Andy as a role model. But this article is so dense. He monkeys from subject to subject, from biscuits to divvying up economy to Air India to GST to NBFCs to microfinance. And makes sweeping, editorializing statements like “The poorly designed, badly implemented plan backfired”.
But the core message is that the Indian economy is doing so bad, wages are so bad that people can’t buy Rs 5 biscuit packets. Rubbish! There is a slowdown because the economy is in a structural change wobble, but for sure things are not so bad.