Topic: household savings
Covid and containment worsened women’s mental health, increased food insecurity in India
Researchers from California, Pennsylvania and Chicago universities surveyed households in Rajasthan, UP, Bihar, Jharkhand, MP, and Maharashtra to also find a drastic fall in monthly income.
Why RBI’s proposed microfinance policy changes are borrower-friendly
Proposed changes divert the borrower away from informal lenders and also show the RBI’s intent of giving the NBFC-MFIs a level-playing field in the financial system.
Modi wants to bring household savings into financial markets but Budget roadmap isn’t clear
Incentivising informal sector workers to save is good, but creating separate schemes for different groups divides an already fragmented pensions market.
Household savings hold the key to funding Modi govt’s mega infrastructure plans
Large financing needs of infrastructure require long-term financial savings of households to increase but they actually show a steep decline in recent years.
How tax incentives influence household financial saving in India
Tax breaks in India have been influential in driving saving into specific products, like insurance and pensions.
Parag Agrawal of Twitter signals Brahmin clout at IIT ending. Kota is now Baniya phenomenon
Baniyas, with their financial might, have breached the sanctum sanctorum of IITs. Money is playing a bigger role than birth in a certain caste. Change is welcome.
Bezos, Branson & Musk — Are billionaires popularising space travel or just on an ego trip?
Jeff Bezos will travel to the edge of space in his New Shepard aircraft — more than a week after billionaire Richard Branson defeated him in a fast developing space race.