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Consumer companies vie for share of India’s booming stock market

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Consumer companies vie for share of India’s booming stock market

A bell during the listing ceremony of Ola Electric Mobility at the National Stock Exchange in Mumbai, India, on Friday, Aug. 9, 2024.  Bloomberg | Bloomberg | Getty Images Food delivery platforms, jewelry companies — and even a electric scooter manufacturer. More consumer-centric companies are looking to capitalize on India’s booming stock market and strong … Read more

Goldman Sachs predicts 100 million Indians will earn $10,000 by 2027

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Goldman Sachs predicts 100 million Indians will earn ,000 by 2027

The increase in wealth has been seen from stronger retail participation, larger investments into the Indian stock markets, and gold and property purchases. Sopa Images | Lightrocket | Getty Images Rising disposable incomes are set to power India’s consumption story, further boosting the country’s consumer sector that is fast becoming a key driver for economic … Read more