Bank of America's Bernard Mensah sees India as a prime investment destination, citing its growing middle class, strong ...
India’s middle class has been under sustained pressure due to rising living costs, stagnant salary growth, and limited tax relief.
India, Feb. 13 -- Finance Minister Nirmala Sitharaman on Thursday said high personal income tax collection does not necessarily mean that the middle class is being suppressed or crushed in the country ...
In August Amalia Adininggar, Indonesia’s statistician-in-chief, appeared in parliament with bad news. The country’s middle class had shrunk. Between 2021 and 2024, 6m Indonesians had fallen into the ...
Asia comprises 49 countries and territories, each with a distinct economic landscape. As the region undergoes rapid development, its expanding middle class is fueling consumer demand and economic ...