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Did 50 crore Indians really escape poverty?
In today's episode of The Daily Brief, we cover a deep dive and another story for the day shaping Indian and global markets:
- Did 50 Crore Indians Really Escape Poverty?
We’ll cover:
- How the World Bank measures poverty in India.
- Why economists disagree on the latest poverty estimates.
- What wages, jobs and inequality reveal about India’s progress.
- Why Higher Fares Weren’t Enough for IndiGo
We’ll cover:
- Why rising fares couldn't offset IndiGo's higher costs.
- How the airline is changing its fleet and expansion plans.
- Can premium services and festive travel improve profitability?
Audio Timestamps
00:04 Intro
00:30 Has India really ended poverty?
15:57 IndiGo’s costly quarter
26:12 Tidbits
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