Household Savings

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Household Savings - Total results - 10
S&P raises India's growth forecast to -7.7% as demand for goods drives recovery
Business

S&P raises India's growth forecast to -7.7% as demand for goods drives recovery

The agency said that the vigour of economic recovery is surprising and also noted the increase in household savings

Household savings in form of cash soared to 7-year high in post demonetisation year, shows RBI data
Business

Household savings in form of cash soared to 7-year high in post demonetisation year, shows RBI data

Financial savings of the household sector in form of cash soared to 7-year high of 2.8 percent of gross national disposable income (GNDI) in 2017-18, the year following demonetisation, showed a RBI data

Note-ban, GST hit household savings rate; decline may pose challenge for economy, says report
Business

Note-ban, GST hit household savings rate; decline may pose challenge for economy, says report

Despite an overall decline in the savings rate, the household savings rate for public sector increased marginally to 1.6 percent in FY17 from 1.5 percent in FY12 and for corporations, it fared better at 12.1 percent from 9.5 percent.

Household savings coming into bank deposits, life insurance funds and shares increased manifold: Economic Survey
Business

Household savings coming into bank deposits, life insurance funds and shares increased manifold: Economic Survey

Economic Survey says mutual funds witnessed an inflow of over Rs 2.53 lakh crore savings in April-October period of current fiscal

Household financial savings rate inches up to 7.2% of GDP, finds RBI
Money

Household financial savings rate inches up to 7.2% of GDP, finds RBI

Savings in deposits by the households rose, however, to Rs 1 lakh crore (17 per cent) in the year to Rs 6.91 lakh crore in FY14 as against Rs 5.91 lakh crore in 2012-13.

Counterfeiters lapping up Rs 100, Rs 1,000 bills; Rs 500 note most faked: RBI
Money

Counterfeiters lapping up Rs 100, Rs 1,000 bills; Rs 500 note most faked: RBI

Detection of Rs 100 denomination fake notes increased by 10,000 pieces during the fiscal to 1.18 lakh pieces, the RBI said in its recently released annual report.<br />

Centre mulls raising tax exemption bar to Rs 2 lakh, boost savings
India

Centre mulls raising tax exemption bar to Rs 2 lakh, boost savings

Presently the investments and expenditures up to a combined limit of Rs 1 lakh get exemptions under Sections 80C, 80CC and 80 CCC of the Income-Tax Act.

India Uninc: Predatory state pauperises families and small business
Economy

India Uninc: Predatory state pauperises families and small business

Given the absolute lack of safety nets, government should not be taxing ordinary households and small proprietorships at all.

We need to invest more and consume less: Raghuram Rajan
Economy

We need to invest more and consume less: Raghuram Rajan

Households need to be incentivised for enhancing financial savings, Chief Economic Advisor Raghuram G Rajan said today.