The finance ministry on Thursday sought to clarify that there was no distress in household savings and the data indicated that changing consumer preference for different financial products was the real reason for the change in the pattern of household savings. The clarification comes in the backdrop of Reserve Bank of India data showing that household net financial savings rate is at its lowest in decades, at 5.1 per cent of GDP in FY23 compared to 7.2 per cent of GDP in FY22. The divergence in the data for household gross financial assets and liabilities is not a cause for concern for the government, as the loans have largely been taken to buy real assets or automobiles, the finance ministry said.
Ananya shoots with Mike Tyson...Sonali plays with Little Miss Icy... Karisma's lunch with family...
Pooja's at the Kashi Vishwanath temple... Sid tells us about Life.. Gauhar promotes her new show...
Sonakshi visits Singapore... Rakul enjoys the summer... Deepika's lazy Sunday...
Saas Bahu Aur Flamingo overdoses on sex, violence and drugs without an inkling of plot or purpose, feels Sukanya Verma.
Bhupinder's magical legacy lives on in the musical masterpieces he left behind.
Niharika NM was the showstopper for designer Sameer Madan's collection at the LFW X FDCI.
There has been a sharp recovery in the headline corporate earnings in the April-June 2023 quarter (Q1FY24), after a dismal showing by early bird companies. The combined net profit of the 983 listed companies that have declared their quarterly results, so far, was up 64.7 per cent year-on-year to record a high of Rs 2.68 trillion in the first quarter, but growth in earnings remained lopsided because most of the incremental gains came from a handful of companies. Moreover, the quarterly numbers showed a continued slowdown in revenue growth.
Not one to mince his words, Sehwag called for good man-management and an association free from politics.
A 30-member Archaeological Survey of India team halted a survey here of the Gyanvapi mosque -- just hours after beginning the exercise Monday morning -- following a Supreme Court order.
India's inclusion in JP Morgan's bond index can channel billions of dollars into India. How will the government securities market handle it?
What is criteria of excluding Mohali from list of World Cup venues? Punjab sports minister writes to Binny and Shah
Former coach Madan Lal on Thursday lashed out at India following their ODI series loss in Bangladesh.
Nationalist Congress Party supremo Sharad Pawar convened the meeting of leaders of opposition parties in the Rajya Sabha, which was attended by Congress leader Digvijaya Singh, independent Rajya Sabha member Kapil Sibal, Samajwadi Party leader Ramgopal Yadav, Shiv Sena (Thackeray faction) member Anil Desai and Bharat Rashtra Samithi member K Keshav Rao among others.
Vaani gets catty... Radhika goes rangeela... Kartik is confused...
Look who turned up to watch the Sanya Malhotra-Rajkummar Rao starrer, HIT: The First Case.
On Ashaji's 89th birthday on September 8, Subhash K Jha revisits some of her lesser-known classics.
To celebrate India's glorious World Cup win on June 25, 1983, Paymentz launch The 1983 World Cup Opus exactly 39 years later.
Vijay Deverakonda's new movie releases. Tripti gets gold glasses...What's Ayushmann waiting for?
One hopes in his next term, Narendra Modi will take up the mission of inculcating respect for following rules in Indians as a mission. Therein lies the chance for India to become a developed country, asserts Colonel Anil A Athale (retd).
In November, the BCCI had sacked the entire selection panel headed by Chetan Sharma. The other members were Harvinder Singh, Sunil Joshi and Debasish Mohanty.
The first ever Bollywood Hungama Style Icons awards were held in Mumbai on March 24, and Bollywood's glamour stars looked gorgeous as they walked down the purple carpet.
Meet the best-dressed celebs for the week.
'Much as I feel on top of the world after being a part of a special series like Jubilee, I would say my biggest achievement so far has been spreading happiness around.'
If you're wondering how Bollywood is keeping it stylish this summer, we have got you covered.
It's time to say goodbye to white and bring out your bright, desi outfits.
The Indian cricket team defied all odds, expectations and made history on June 25, 1983 by winning its first cricket World Cup crown, defeating the mighty West Indies in the final by 43 runs at Lord's.
On this day in 1983, legendary Indian all-rounder Kapil Dev delivered a smashing 175* against Zimbabwe in the 20th match of the World Cup that year in England.
The five men approached the high court challenging their conviction and sentence.
Kriti's a water baby... Radhika soaks in the sun... Divyanka gets serious...
The Reserve Bank is likely to maintain status-quo on the key interest rates for the third time in a row in its upcoming bi-monthly policy review despite the US Federal Reserve and the European Central Bank hiking benchmark rates, as domestic inflation is within the RBI's comfort zone, say experts. The borrowing cost which started rising in May last year has stabilised with RBI keeping the repo rate unchanged at 6.5 per cent since February when it was raised from 6.25 per cent. In the previous two bi-monthly policy reviews in April and June the benchmark rate was retained.
The Deol girls bond... Keerty's movie releases on Thursday...Nargis and Radhika have gyaan for us...
The annual IIFA weekend in Abu Dhabi saw Bollywood's top stars in attendance, as they walked the green carpet and put up power-packed performances.
Taapsee's ready for 2022... Fatima shows off her winter fashion.. What's Ileana guilty of...
The stars Rediff.com Contributing Photographer Pradeep Bandekar sighted on Monday.
Aasmaan Bhardwaj, singer Rekha Bhardwaj and director-composer Vishal Bhardwaj's son, gets ready for his directorial debut with Kuttey, an ensemble action thriller, starring Arjun Kapoor, Radhika Madan, Konkona Sen Sharma, Tabu, Naseeruddin Shah and Kumud Mishra.
The old Parliament building will now be known as 'Samvidhan Sadan', Lok Sabha Speaker Om Birla said on Tuesday as the functioning of Parliament shifted to its new building in New Delhi.
Sukanya Verma lists everything you can watch on streaming platforms this weekend.
