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The increase in discretionary consumption will be fuelled by tax cuts in FY26, implementation of 8th Pay Commission in FY27, and lower interest rates and inflation.
HSBC's India strategy highlights that discretionary consumption in India is likely to get a $30-40 billion annual boost over ...
Nifty futures on the NSE International Exchange traded 31.70 points, or 0.13 per cent, lower at 24,964.50, hinting at a muted ...