Sunday, 22 May, 2022
TopicHousehold savings

Topic: household savings

Jaithirth Rao is wrong. Material wealth and economic apartheid are not Positive Economics

Entrepreneur Jaithirth Rao's recent attack on Oxfam report on inequality ignores the fact that only the rich are getting richer in this beleaguered Indian economy.

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.

On Camera

YourTurn

Inflation made luxury cars even more expensive but sales remain in fast lane. See Mercedes

For years, the luxury car market in India was biased towards the entry-level. But today, cars below Rs 40 lakh account for the smallest fraction of sales.

World’s $300 trillion in debt. Here’s what it means for services like health, education

To meet debt payments, at least 100 countries will have to reduce spending on essential services, the IMF estimates.

Defence

File photo of a defence personnel armed with a SiG 716 rifle near the Line of Control | Photo: Snehesh Alex Philip | ThePrint

India to ink ‘repeat order’ deal for 73,000 SiG 716 rifles from the US

In February 2019, 72,400 SiG 716 rifles of 7.62 x 51mm calibre were contracted from SIG Sauer Inc, USA, under government's 'Buy (Global) category', through fast track procedure.

Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation

That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.
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