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Household savings in India dip to record levels, loans rise sharply
As per RBI data, household debt stood at 37.6% of India’s GDP, as opposed to constituting 36.9% of the country’s GDP in FY 22
Ira PuranikSeptember 20, 2023/6:07 PM IST -
Global slowdown almost halves equity FDI inflows in April-July
The drop is far higher when net FDI is taken into account. It went into a free fall from $17.28 billion in April-July 2022 to $5.70 billion in April-July 2023, translating into a drop of 67%
Money9September 20, 2023/5:33 PM IST -
Crude marching past $95 to test govt’s inflation management skill
The crude price rise has been fuelled substantially by the voluntary production cuts by Russia – the country that gave India cheap oil in the past year and a half -- and Saudi Arabia – the world’s largest crude producer
Money9September 20, 2023/3:16 PM IST -
Why do you get fraud calls again and again?
Are you also getting repeated calls from cyber thugs? How are cyber thugs harassing people? What to do to avoid this?
Pranav PradhiSeptember 19, 2023/10:05 PM IST -
What things you should keep in mind while using UPI?
How fraudsters commit UPI related frauds? In which states are maximum UPI frauds being committed? What things should you keep in mind to avoid falling prey to such frauds?
Money9September 19, 2023/10:45 AM IST -
Ideal way to prepare portfolio of companies involved in gold business!
Indian stock markets are trading near record levels. There are many reasons behind the ongoing rise in the market, one of which is the expectation of strong demand during the festive season. Which stocks will benefit from increase in demand during the festive season and how should you invest in these?
Money9September 19, 2023/10:34 AM IST -
How lifestyle inflation is eroding your wealth and what you should do
There is one category of inflation that is less talked about but can be a wealth killer for your retirement corpus if ignored. The inflation is called ‘Lifestyle Inflation.’
Himali PatelSeptember 19, 2023/10:11 AM IST -
Individuals under 40 lead in availing digital loans: FACE report
The amount of loan disbursed saw a 21% Y-o-Y jump from Rs 76,396 crores in FY 21-22 to Rs 92,267 crores in FY 22-23. And not just the amount, the number of loans disbursed also significantly went up from 4.77 crores in FY 21-22 to 7.10 crores in FY 22-23.
Ira PuranikSeptember 18, 2023/7:38 PM IST -
PM Vishwakarma Yojana: Everything you need to know
PM modi launched PM Vishwakarma yojana on the occasion of Vishwakarma Jayanti on Sunday. Vishwakarma Yojana is a centrally sponsored scheme. Under this cheaper loans will be provided to traditional artisans and craftsmen. Giving details, finance minister Nirmala Sitharaman said the government will provide subsidy of up to 8 percent on interest of loan without […]
Money9September 18, 2023/4:50 PM IST
