Indian wages contracted last quarter for the first time since the pandemic. This curbed consumer spending and led to weaker corporate profits among major companies like Maruti Suzuki and Hindustan Unilever. The slowdown poses challenges for the government’s growth goals. Opposition parties criticized the government for ignoring the economic difficulties of the middle class.
Ather Energy IPO crosses the line in final hours of Day 3; retail portion booked 1.55 times
Ather Energy’s Rs 3,000-crore IPO achieved full subscription on its final day, driven by strong institutional demand, although grey market signals remained weak. Retail investors
April 30, 2025