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2 mins read
Household consumption to surge in Q2 as inflation eases, rural demand revives
Rural areas are witnessing a revival in demand, with increased purchases of fast-moving consumer go…
ANI
2 mins read
Rural demand, government spending to drive growth in the second half of FY25
Rural demand and government spending will be key drivers of India's economic growth in the second h…
2 mins read
Festive consumption growth halved in 2024 as urban demand slacks, notes Nomura
Nomura reports festive consumption growth has dropped to 15% this year. Analysts observed slower gr…
2 mins read
Unemployment rate of tribals declines to 1.8% in 2022-23 from 5.3% in 2017-18
The unemployment rate among the tribal communities has seen a noticeable decline, as it stood at 1.…
ANI
2 mins read
As PMAY receives a massive boost in Budget 2024, how can you sign up for the affordable housing scheme?
The Union Budget 2024 significantly increased funds for PMAY, targeting affordable housing for econ…
3 mins read
Modi 3.0 1st Budget: Tax relief for middle class, Rs 2 lakh cr job scheme
With rural distress and unemployment being blamed for BJP losing its majority, Sitharaman in her se…
PTI
3 mins read
An Arkansas county doesn't want families to move. It's offering them up to $50,000 to buy a new home.
Mississippi County, Arkansas is offering new and existing residents up to $50,000 toward their drea…
Allie Kelly
3 mins read
RBI proposes higher liquidity coverage ratio for retail deposits, creation of level-1 high quality assets
The Reserve Bank of India (RBI) has issued a draft circular on the Basel III framework regarding li…
3 mins read
Indian economy relatively slowed in Q1-FY25, here's what experts have to say
The Indian economy grew by 6.7% in real terms in the April-June quarter of the current financial ye…
ANI
2 mins read
Axis Bank, PayNearby partner to take banking to rural and remote areas
PayNearby is known to provide branchless and digital banking services to rural customers. The pa…
3 mins read
CPI inflation drops to lowest in five years but road ahead could be bumpy: SBI Report
India's CPI inflation dropped to 3.54% in July 2024, the lowest in nearly five years, due to a sign…
ANI
4 mins read
RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly
MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…
2 mins read
52.81 crore Jan-Dhan accounts have deposited balance of over Rs. 2.3 lakh crore: Minister of State for Finance
About 35.15 crores or 66.6 per cent of PMJDY accounts have been opened in rural and semi-urban area…
ANI
2 mins read
India accounts for nearly half of the global digital payments, highlights RBI report
India holds 48.5% share in the global real-time payments volume, according to the Reserve Bank of I…
ANI
2 mins read
India's digital public infrastructure is transforming country's economic landscape, notes RBI
Built on principles of public good, open access, and regulatory fairness, India Stack has become a …
ANI
2 mins read
Monsoon projections to ensure India's GDP growth forecast remains at 7% for FY'25: Asian Development Bank
The Asian Development Bank (ADB) on Wednesday maintained India's GDP growth forecast at 7 per cent …
PTI
2 mins read
Govt to launch scheme to help middle class buy or build own house; 2 cr more rural houses
Wooing the middle class ahead of the general elections, Finance Minister Nirmala Sitharaman on Thur…
PTI
4 mins read
RBI announces digital payments intelligence platform to check online frauds
In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …
ANI
3 mins read
A Gen Xer relocated from Austin to rural Arkansas thanks to a $16,000 mover incentive that helped pay his mortgage. Now he's enjoying the 'good, hometown living.'
Britt Lorino, 55, relocated to Arkansas after living most of his life in Austin. The county's mover…
Allie Kelly
6 mins read
India could emerge as an economic superpower amid dull global economic landscape
IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…