Demand is up, but with income growth for large sections of the population remaining modest, the question is—where are the funds coming from? Analysis shows that savings and gold loans are being deployed. This has implications both for policymakers and ordinary consumers.
More in Opinion
Ajit Ranade: Why India shouldn't abandon capital gains tax for the sake of the rupee
November 2, 2026
India’s market slump: Here's why palliatives aren't enough to attract foreign investors
November 2, 2026
Mint Quick Edit | Why India must fix its education and skilling systems on a war footing
November 2, 2026
PSUs are back—but they should exercise caution when implementing artificial intelligence
November 1, 2026
Singapore once thrived on chokepoints—now they could strangle the free port
November 1, 2026
Lula's re-election: Brazil’s public finances are already precarious—is the country on the path to a crash landing?
November 1, 2026
Latest News
Parents' concerns to trigger urgent checks in A&E
November 2, 2026
Hitomi Tanaka's historic arrival at East Bengal marks a new chapter in Indian women's club football
November 2, 2026
Binance users withdraw $3.6bn after largest-ever crypto hack
November 2, 2026
அரசு பேருந்துகளில் OM பட புரமோஷன்! அறிமுக வீடியோ இல்லாமலேயே வெளியான ஸ்ரீலீலா ROLE !
November 2, 2026
“இந்த வாதத்தை ஏற்க முடியாது' ; கே.என் நேரு மீது FIR பதிவு செய்ய தடையில்லை' – உச்ச நீதிமன்றம் அதிரடி
November 2, 2026
அப்பா ஹிந்தி எதிர்ப்பு…மகன் ஹிந்தி ஆதரவா? துரை வைகோ பேச்சால் மதிமுகவுக்கு நெருக்கடி!
November 2, 2026