💨 Abstract

In India, the rich are spending more while the middle class is cutting back on basic consumables. This economic bipolarity, according to Bloomberg, is due to slowing wage growth and elevated inflation. Companies are responding by pushing premium products to wealthier buyers, but this strategy could backfire if the slowdown persists. Meanwhile, India's cricket team is struggling, raising questions about its depth and future.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖