India's gross savings rate is projected to be nearly 47 basis points higher in FY25 than previously estimated, following the Securities and Exchange Board of India's (Sebi) revision of the methodology for calculating household savings routed through the securities market.
The government is identifying households with both liquefied petroleum gas (LPG) and piped natural gas (PNG) connections to enforce a ban on dual ownership, aiming to curb misuse and better target subsidies amid global energy supply disruptions.
The government has mandated that cooking gas LPG supply to households will be discontinued if consumers fail to switch to piped natural gas where such connectivity is available, under a new order aimed at accelerating gas network expansion and reducing reliance on a single fuel.
India restricts subsidised LPG connections for households with piped natural gas (PNG) to ensure equitable distribution and address global energy supply concerns, pushing for faster PNG adoption.
Households should moderate large discretionary expenses for the time being.
'They should prioritise essential spending. They should maintain an emergency fund covering 6 to 12 months of expenses.'
Of the donations, 48% is in kind -- such as food, clothing, or other household goods -- followed by cash (44%) and volunteering (30%) with non-profits, religious institutions, or community groups.
CNG prices in Delhi have been increased by Re 1 per kg, marking the second increase in less than a week, according to Indraprastha Gas Ltd.
The Directorate of Revenue Intelligence (DRI) in Ludhiana seized over 4 kg of opium worth Rs 21.69 lakh, uncovering a cross-border drug smuggling operation using courier channels.
The West Bengal government will resume the rural employment scheme under the Viksit Bharat-Guarantee for Rozgar and Ajeevika Mission (Grameen) Act in all districts of the state, barring Murshidabad and South 24 Parganas, where allegations of irregularities in its implementation are being investigated.
Authorities in Delhi have implemented a QR code-based verification system for census enumerators and supervisors to combat rising cyber fraud cases involving impersonation and fake government officials during the Census 2027.
Moody's Ratings has highlighted that Indian banks are among the most exposed in the Asia-Pacific region to the West Asia crisis, primarily due to India's high dependence on energy imports, which could lead to increased inflation, higher interest rates, and strained borrower cash flows.
Rapid growth in personal gold loans has raised concerns over borrower leverage, large-ticket exposure and volatility in gold prices, points out Swaminathan J, Deputy Governor, Reserve Bank of India.
A 41-year-old man in Faridabad allegedly drowned himself in a canal after his wife stopped him from drinking alcohol. The man, reportedly an alcoholic and unemployed, had frequent fights with his wife, who supported the family by working as a teacher.
DMK Youth Wing chief Udhayanidhi Stalin has launched a scathing attack on the Congress, accusing the former ally of 'stabbing the DMK in the back' and blaming them for the BJP's consecutive national victories. He exhorted party cadre to 'never trust the Congress again'.
Shape of Momo is a compelling drama that masterfully portrays a young woman's rebellion against societal expectations in Sikkim, offering a nuanced look at feminism, family dynamics, and the search for identity, observes Sukanya Verma.
Leading Indian jewellery bodies, including the All India Gem & Jewellery Domestic Council (GJC) and Malabar Gold & Diamonds, have expressed support for Prime Minister Narendra Modi's appeal to reduce gold imports and are advocating for enhancements to the Gold Monetisation Scheme (GMS) to unlock India's vast idle gold reserves.
It seems odd to criticise a country for delivering growth rates in standards of living and consumption that have been perhaps the fastest, longest, and most broad-based (affecting hundreds of millions of people) in history, points out Arvind Subramanian.
West Bengal Chief Minister Suvendu Adhikari announced that the first phase of fund transfers under the 'Annapurna Yojana' will begin on June 3, with eligible women beneficiaries receiving Rs 3,000 directly in their bank accounts.
Two individuals have been arrested in Belagavi, Karnataka, for allegedly stealing gold ornaments worth Rs 1.2 crore from the residence of an elderly doctor couple. Police have recovered a significant portion of the stolen goods and are continuing efforts to retrieve the remainder.
Two minor girls in Maharashtra's Beed district allegedly committed suicide after being scolded by their mothers over household issues.
Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh Insights from behavioural economics suggest that an ambitious nudge can be effective if three conditions are met, points out Ram Singh, director, Delhi School of Economics.
The Centre has announced that the Viksit Bharat -- Guarantee for Rozgar and Ajeevika Mission (Gramin) Act will come into force across the country from July 1, replacing the Mahatma Gandhi National Rural Employment Guarantee Act.
'Instant home services act as an on-demand household support system, bridging the gap between informal domestic help and structured service platforms,'
A 26-year-old man was fatally stabbed in Delhi following a dispute over a cigarette. Police have apprehended three juveniles in connection with the incident.
Prime Minister Narendra Modi has welcomed the West Bengal government's decision to implement the Ayushman Bharat scheme, highlighting the benefits for the state's residents.
A new study in Phoenix, USA, reveals that waste heat from data centres can significantly increase air temperatures in nearby neighbourhoods, exacerbating urban heat island effects.
Over 93,000 individuals in Delhi have participated in the self-enumeration exercise for Census 2027, with North East, South West, and North West Delhi districts leading in registrations. The initiative, part of a broader census effort, allows residents to submit household details online, contributing to the overall data collection process.
India's wholesale price inflation surged to 8.30 per cent in April, up from 3.88 per cent in March, primarily driven by a significant increase in the prices of fuel, power, and crude petroleum, according to data from the commerce and industry ministry.
Amid the arithmetic of subsidies, consumption and capacity, whichever government assumes office in Tamil Nadu after May 4 is likely to inherit a growing debate over how far the state can continue to expand welfare promises without placing additional strain on public finances and the power sector.
Police in Hyderabad are investigating the murder of Tanuja, the wife of retired IPS officer Vinay Ranjan Ray. Investigators suspect the culprits, possibly Nepali nationals aided by a domestic worker, fled the city by train. Multiple teams are working to apprehend the suspects, and police have alerted forces in other states and the Sashastra Seema Bal.
Nagaland has launched the 'Jan Bhagidari Abhiyan -- Sabse Dur, Sabse Pehle' campaign to ensure government welfare schemes and essential services reach remote areas and underserved communities.
A man has been arrested in connection with a dacoity in New Delhi's Tughlak Road area, where a businessman and his family were held hostage. The crime was allegedly facilitated by a newly hired domestic servant.
A 30-year-old woman was found dead in her room in Kushinagar, Uttar Pradesh. Police are investigating the circumstances surrounding her death, and her husband has been detained for questioning.
Domestic Institutional Investors (DIIs) have significantly increased their holdings in Nifty 500 companies, reaching a record 20.9 per cent by the end of March, while Foreign Portfolio Investors (FPIs) reduced their ownership to an all-time low of 17.1 per cent, according to Motilal Oswal Financial Services.
Cash remains dominant for many transactions despite continued expansion in digital payments across the country.
'Historically, India has depended on the Middle Eastern Gulf for nearly 90 per cent of its LPG imports. Shifting to alternative suppliers is not something that can happen quickly.'
A 24-year-old farmer in Beed district allegedly committed suicide due to delays in obtaining a Kunbi caste certificate for quota benefits and financial difficulties. Police are investigating the case.
Following Prime Minister Modi's appeal, Delhi ministers are adopting measures like using public transport, electric vehicles, and virtual meetings to reduce fuel consumption and cut expenditure.
Kapil Dev's efforts to attract sponsors and increase prize money in Indian golf are creating better opportunities for players to qualify for the Olympics and compete globally, according to DP World PGTI CEO Amandeep Johl.
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