The World This Week: 6th March
Economic News
India’s Consumer Market Shrinks as Wealth Inequality Deepens
India’s consumer market is far smaller than its population suggests, with only about 130-140 million people able to spend on non-essential goods, according to a report by Blume Ventures. Despite a population of 1.4 billion, […]
Consumer and Business Behaviour
Tesla slashes China prices in the face of fierce domestic competition
Tesla has been forced to cut its prices in China as local competition from firms such as BYD and Xpeng intensifies. The price of their cheapest model in the China market has decreased by 5% […]
Consumer and Business Behaviour
The more you honk the more you wait: Mumbai’s innovative solution to impatient honkers!
Local government in Mumbai have come up with an inspired plan to cut noise pollution across the city. Fed up with honking drivers waiting at the city’s junctions, traffic lights have been installed with listening […]