New Delhi: There’s little in common between Parle’s ₹5 biscuit pack and motor cars made by Maruti Suzuki India Ltd, except that both have been hit hard by a demand slump. While the slowdown appears to have left few industries unscathed, it’s clear that one area where Indian consumers are loath to skimp on is smartphones. The latest data about India’s smartphone sales bear out ... Read More »
Jobs are in distress. More than any secular trend – such as automation – it is the slump in credit growth and consumption that has now dampened prospects for employment across many industries. While job losses in India’s automobile industry has been the most talked about, things aren’t looking any better in real estate, in some segments of electronics, and ... Read More »
Stayzilla, Taskbob, RoomsTonite, Eatonomist are the prominent start-ups that shutdown in 2017. Graphic: Mint Bengaluru: While the number of start-up launches has declined sharply in the first nine months of the year, the severe slowdown in entrepreneurial activity has resulted in another phenomenon that highlights the risk-averse sentiment that is sweeping through India’s internet and technology start-up ecosystem: fewer start-ups are ... Read More »
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