Experiential luxury is here to stay: Julius Baer
The leading Swiss wealth management group expects that just like it did after the global financial crisis, discretionary spending will recover after Covid-19 abates.
The leading Swiss wealth management group expects that just like it did after the global financial crisis, discretionary spending will recover after Covid-19 abates.
The year will see the resultant impact of potentially adverse factors such as the Brexit, rising debt levels, and economic and political instability in many regions.
While directly mum on inflation and growth, the RBI’s latest monetary policy report warns that Covid-19 would impact economic activity in India through lockdowns and slowing global trade and growth.
The S&P BSE Sensex closed above 40,000 points on Wednesday after nearly five months. It has gained more than 4,190 points in 27 trading sessions since September 19.
Brexit or no Brexit, the British capital will always be home for the Indian elite.
This year’s Luxury Issue is about the charm of London and what makes the British capital a second home to India’s über-wealthy and famous.
Editor’s letter from the September 2019 issue of the magazine
In 44 trading days, benchmark indices Sensex and Nifty fell 7.82% and 9.03%, respectively, while the midcap and smallcap indices hit 52-week lows on August 2.
The multi-layered and complex integration of the global economy means that the cost of disentangling and retreating from it would be far too great.
Popular media narratives have a tendency to significantly affect human behaviour in a short span of time.