India's net household savings are at a 48-year low, driven not by falling savings but by a dramatic, post-covid surge in non-housing borrowing, often for consumption and lifestyle upgrades, trapping ...
In 1980, neither China nor India had much representation in the “global middle class” — people who neither belong to the bottom half of the income distribution nor rank among the top 10% worldwide.
An Indian man living in Canada has sparked an online debate after sharing a video explaining why he believes middle class ...
Experts weighed in on the causes of rising housing costs, what the future might hold and how the middle class can adapt if homeownership becomes the exception rather than the rule. Ever since the ...
This article follows the Direct Message methodology, designed to cut through the noise and reveal the deeper truths behind the stories we live. Ask three economists what upper-middle class means in ...
At first glance, it might not look like there are that many differences between upper middle class homes and middle class homes. Both can be quite extravagant-looking and lavish, but compared to upper ...
Everyone aims to improve their lives and live in the best and most comfortable way possible. These aspirations push people, especially the middle class, to work harder and reward themselves with the ...