Opinion

Nikhil Gupta: What's driving the growth of corporate profits? Here’s what the data says

Livemint 21 h

India

Nikhil Gupta: What's driving the growth of corporate profits? Here’s what the data says — Sources: Livemint

In recent times, household consumption has been a major driver of profits, with the contribution of corporate investment having flagged. Given how indebted households are, we need that order flipped for India’s economy to stay on a sustainable high-growth path.

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