Well, that’s precisely what the consumer trends of 2023 reveal. While demand for fancy cars, big houses and luxury items went through the roof this year, sales of affordable, budget-buys remained, at best, flat. Tune in to today's episode as we discuss what this contrasting pattern tells us about the Indian economy. Hint: the rich are getting richer and the poor are getting poorer.
On today's episode, we're also discussing layoffs with a long runway. The Wall Street Journal recently reported that some companies in the US are informing workers of their impending layoff weeks and even months before their last working day. That’s a significant departure from the convention of sudden layoffs.
The Signal Daily is produced in association with IVM.
The episode was researched and written by Dhruv Sharma and Anup Semwal
Edited by Soumya Gupta
Produced by Manaswini
Mastered and mixed by Manas and Nirvaan
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The Tale of Two Indias