'Have a long way to go even as a small finance bank, both in terms of size, and in terms of fulfilling our aspirations for financial inclusion.'
Sari-clad women ride their Bullet bikes across the streets of Nagpur.
'As long as economic growth remains steady, creating jobs and generating stable incomes, the rise in home loans should not create problems.' 'If the growth trajectory changes course over the medium term and interest rates rise along with inflation, the expanding trend in home loans may not sustain.'
Bengaluru outpaced Mumbai, Delhi, and Pune in 2023 to become India's leading city for electric car registrations. The city's tech-savvy workforce, increased acceptability, zero road tax, subsidised electricity for EV charging, and a wide charging station network contributed to this surge. Electric car registrations in Karnataka's capital surged more than threefold in 2023 to 8,690 units, overtaking the growth witnessed in the other three cities, according to data from Jato Dynamics
Growth in credit card outstanding has been the fastest compared to other personal loan segments
'We are probably working with flawed data on household finance.'
India has seen rapid growth in wealth creation between mid-2012 to mid-2013 as the household wealth in the country has increased by 7.4 per cent to $3.6 trillion during the period, says a report.
The data profiles the country's rural households.
MEA spokesperson Randhir Jaiswal also said that no visa is required for diplomatic passport holders to travel to Germany.
Rediff.com's data journalists have visualised the National Sample Survey Office (NSS 66th round, July 2009-June 2010 and 68th round, July 2011-June 2012) data into an interactive map.
The Nepal earthquake has driven home the importance of home insurance. What are the factors you need to keep in mind before insuring your property? Indrani Roy offers a checklist.
The searing heat pushed the city's peak power demand to its highest for May, while the Delhi government directed the schools that have not closed for summer vacations to do so with immediate effect.
As more companies ask their employees to return to office after the pandemic, the share of women employed in regular salaried jobs in urban India decreased from 54 per cent in the first quarter to 52.8 per cent in the second quarter of the current financial year, according to the quarterly Periodic Labour Force Survey (PLFS) data. The slump in the share is the lowest in wage employment in any quarter in the last six years when the National Statistical Office started releasing the quarterly PLFS surveys in Q3 of FY19. The share of women in wage work was highest in Q1 of FY21 at 61.2 per cent.
Find out how India cooks in this data-driven story.
Key infrastructure sectors -- from railways to power, and from coal to petroleum -- will not only be part of the achievements but promises too, as the BJP fights to get a third term at the Centre.
Could the MPCE survey results be used as a basis of reconstructing the Consumer Price Index with new weights, asks Madan Sabnavis.
Let's take a look at 15 economies that have highest household debt in the world.
He was trolled during the Lok Sabha poll campaign, but despite the tactics by his rivals, action hero Suresh Gopi rose to national stardom in cinema style on June 4, winning the Thrissur seat on a BJP ticket and scripting history for the saffron party in Kerala.
The startling report comes at a time when many analysts are concerned over almost all the key indicators heading south or even contracting, forcing the government to offer massive tax giveaways.
Ensure that the meals provided in their tiffins and snack breaks are colourful, says Dr Imran Patel.
rediffGURU Ashwini Dasgupta offers handy tips on time management for a stress-free work life.
Pradhan Mantri Awas Yojana envisages housing to 20 mn households by 2022.
The size of India's middle class will nearly double to 61 per cent of its total population by 2047, from 31 per cent in 2020-21, as continuing political stability and economic reforms with a sustained annual growth rate of between 6 per cent and 7 per cent over the next two and half decades will make the country one of the largest markets in the world. The findings are part of a report released on Wednesday by the People Research on India's Consumer Economy (PRICE) and India's Citizen Environment, a not-for-profit think tank. The report titled, The Rise of India's Middle Class, is based on an analysis of primary data collected by PRICE through its pan-Indian survey.
Worst affected were the countries of euro zone, which saw a loss of $10.9 trn
The current estimate, however, largely covers only the cost of infrastructure such as pipes, construction of borewells, overhead costs among others and not the expenditure to be incurred on operation and maintenance.
The Indian economy will grow at around 6.5 per cent in the current fiscal, notwithstanding high crude oil prices and increased uncertainty due climate changes, NITI Aayog member Arvind Virmani said on Thursday. Virmani also asserted that the gross household savings ratio in India has consistently gone up. In an interview with PTI, he said: "My growth projection (of India's GDP growth) is 6.5 per cent plus minus 0.5 per cent... because my experience is that the fluctuations in global GDP more or less has balanced out for us, assuming normal changes."
'The Odisha government has changed the image of the state by making it a sporting hub of the country with high performance centres, state-of-the-art training facilities and hosting big tournaments. The sports loving people of Sundergarh and Odisha will not forget this while voting.'
Tokyo -- the songs Japan, Love In Tokyo and Sayonara from the 1966 Hindi film automatically pop up in the mind -- is buzzing and crowded like any other metropolis, discovers Deepa Gahlot. The modern apartment blocks are built cheek by jowl, so close together that one can open the window and borrow sugar from the neighbour in the next building. One of the fears of the Indian traveller is the unavailability of vegetarian food. Every city and town in Japan has an array of Indian restaurants that serve every variety of cuisine, right from Gujarati to Punjabi to Andhra and Kerala meals.
'On October 12-13, he started shivering from fear in his tent.' 'That was the time he wrote a letter to my mother to conduct Ganeshji's Atharvashirsha.' 'The moment he finished writing that letter, he told us, he felt serene calmness.'
The cut-off to enter India's one per cent - Rs 12.5 lakh - is nothing to write home about compared to global standards.
Atishi said that all AAP leaders and volunteers will change their profile picture on X, Facebook, WhatsApp and other social media accounts with the new one showing Delhi Chief Minister Arvind Kejriwal behind the bars captioned "Modi Ka Sabse Bada Dar Kejriwal".
Sakshi and her husband were at the Dhonis's ancestral home in Almora.
In a novel initiative aimed at increasing voter turnout in Haryana, the state election commission will send an invitation letter to every family in the state urging them to exercise their franchise in the Lok Sabha polls.
The number of millionaire households in India jumped nearly 21 per cent.
Most members of the Reserve Bank of India's monetary policy committee (MPC) decided to stick to the course on bringing retail inflation to the target of 4 per cent while voting for maintaining status quo in the April review, except external member Jayanth Varma who voted for a 25 bps cut in the repo rate. "I believe that the extant monetary policy setting is well positioned," RBI governor Shaktikanta Das said in the minutes of the policy review, which came out on Friday. "Monetary policy transmission is continuing and inflation expectations of households are also getting further anchored.
Around 80 million rural households are estimated to have no access to grid power.
The number of dematerialised (demat) accounts required to hold shares and other securities in electronic format rose by 3.1 million in April, bringing the total tally to a fresh record of 154.5 million. Since December last year, the new additions have consistently remained above the 3 trillion mark, a sign that the stock markets continue to attract new investors despite a spike in volatility.
India's wealth grew by $451 billion, the eighth largest wealth gain globally.
The T20 showpiece is also seen as a major stepping stone to the 2028 Los Angeles Olympics, where cricket will make a comeback after 128 years when the big event kicks off on June 1.
Who else do we know who meditated so with such impeccable timing (much of the Lok Sabha elections over and with only the last phase to go) and hordes for unsolicited defence of the grand meditation at public expense? asks Shyam G Menon.
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