Budget 2022: GDP’s 2-year Setback
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The Indian economy’s growth of 9.2% in FY22 comes on the back of a low base effect due to a 7.3% contraction in FY21. In real terms, 2022 GDP will be barely 1.3% higher than that of FY20–a loss of two years.
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October 2025
As India’s growth story gains momentum and the number of billionaires rises, the country’s luxury market is seeing a boom like never before, with the taste for luxury moving beyond the metros. From high-end watches and jewellery to lavish residences and luxurious holidays, Indians are splurging like never before. Storied luxury brands are rushing in to satiate this demand, often roping in Indian celebs as ambassadors.