Major developments in global business and technology made headlines on Thursday, from corporate acquisitions to economic policy announcements.
Economists flagged that the rapid rise in Indian household debt to 41.3 percent of GDP raises questions about whether consumer spending can continue driving economic growth.
Market analysts and industry experts are weighing in on the potential long-term impacts of these business developments.
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Sources:
https://www.business-standard.com/economy/news/page-8