In a scathing LinkedIn post, founder of Tunerlabs, Shyam Achutan, painted a grim picture for the Indian middle class in the ...

July 2025 marks eight years of GST - India's biggest tax reform - streamlining compliance, improving transparency, and ...

The cities hit hardest by shrinking affordability were the ones already under pressure: Hyderabad saw a 69% drop in ...

When one door closes, another one opens, as big companies are putting the brakes hard on hiring, several new startups are ...

He breaks it down ruthlessly: a ₹50K monthly salary eaten up by ₹20K rent, ₹10K EMIs, ₹5K in weekend splurges—and barely ₹1K ...

The DTC buses ran on time, there were no skirmishes or shortages at DMS milk booths, and if one went to the CPWD “Enquiry ...

Three years later, in 2018, the Economist ran a piece titled India’s Missing Middle Class, cautioning global brands that a billion-strong population doesn’t mean a billion eager spenders.

According to him, the data tells the story. For the low-income group earning under ₹5 lakh a year, income rose from ₹2.4 lakh to ₹3.6 lakh, a compound annual growth rate (CAGR) of 4.0%.

Internationally, India’s middle class aligns with global economic benchmarks, earning between USD 4.11 and USD 23.56 per day at 2020-21 exchange rates, similar to frameworks defined by Milanovic ...

A 2021 Pew survey estimated that India’s middle class, defined as those earning $10-20 a day, had shrunk to 6.6cr, highlighting the precarity of this group. This isn’t too far from the tax ...

People earning below 4LPA are Low income group. 4-8 lower middle class,8-12 middle class. 12-15 upper middle class. 15-20 upper class. Only one person earning 12L in a family of 4 should be ...