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‘Lipstick index’ that typically hints recession hits Indian market: Report

‘Lipstick index’ that typically hints recession hits Indian market: Report Economists have explained it with the theory that consumption of inferior goods increases with the fall in income.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/‘lipstick-index’-that-typically-hints-recession-hits-indian-market-report_12939801.html
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