News for 'Households Income'

'B' in BJP stands for...: Kharge, Cong CMs slam Modi

'B' in BJP stands for...: Kharge, Cong CMs slam Modi

Rediff.com2 Nov 2024

Kharge's remarks came after Modi on Friday said the Congress stands "badly exposed" in front of people for promising to them what the party knows it will never be able to deliver.

Average Indian's income sees slower growth

Average Indian's income sees slower growth

Rediff.com6 Dec 2018

Average salary has grown faster than average business income for three of the last five years. This has implications in a country like India. Most people in India are self-employed, with 51.4% of the population falling in that bracket.

How to make a good household budget

How to make a good household budget

Rediff.com19 Jun 2009

A good budget allows you control over your money, helps you enjoy rather than worry over it, makes spending more purposeful, and protects you from financial problems.

Household savings rate inches up to 7.2% of GDP

Household savings rate inches up to 7.2% of GDP

Rediff.com31 Aug 2014

Savings in deposits by the households rose, however, to Rs 1 trillion (17 per cent) in the year to Rs 6.91 trillion in FY14 as against Rs 5.91 trillion in 2012-13.

Travesties of the basic income scheme

Travesties of the basic income scheme

Rediff.com23 Feb 2019

Alas, the 'basic income' schemes that have hit the headlines in the recent past are a far cry from the genuine article in terms of coverage and fiscal implications, says Vijay Joshi.

'Rates to remain elevated for bulk deposits'

'Rates to remain elevated for bulk deposits'

Rediff.com21 Aug 2024

'In the case of corporate credit, especially to AAA borrowers, lenders will have to take a fresh look at pricing.'

How To Curb Speculation In F&Os

How To Curb Speculation In F&Os

Rediff.com13 Jul 2024

'Sebi had no problem with derivatives until trading exploded after Covid.' 'But now, having built a dangerous road, from which different entities, mainly governments, are extracting a heavy toll, Sebi is concerned that people are driving on it in much greater numbers,' explains Debashis Basu.

India to clock GDP growth of 6.5% in FY24: Arvind Virmani

India to clock GDP growth of 6.5% in FY24: Arvind Virmani

Rediff.com21 Sep 2023

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."

'Ambani, Adani, Tata will move to Dubai if India imposes inheritance tax'

'Ambani, Adani, Tata will move to Dubai if India imposes inheritance tax'

Rediff.com8 May 2024

'Sweden removed the inheritance tax because many of the rich were fleeing. For example, the owner of IKEA had migrated out of Sweden'

Heatwave sears north India, UP's Orai bakes at 46.4 deg C

Heatwave sears north India, UP's Orai bakes at 46.4 deg C

Rediff.com19 Jun 2024

The threshold for a heat wave is met when the maximum temperature of a weather station reaches at least 40 degrees Celsius in the plains, 37 degrees in coastal areas, and 30 degrees in hilly regions, and the departure from normal is at least 4.5 notches.

Mystery Of Indian-Born Foreign Stars

Mystery Of Indian-Born Foreign Stars

Rediff.com15 Nov 2022

Should we not be creating roles in India for the talented, asks Ajit Balakrishnan.

Flipkart's Shopsy intensifies efforts to tap into Bharat

Flipkart's Shopsy intensifies efforts to tap into Bharat

Rediff.com8 Aug 2024

Flipkart's hyper-value e-commerce platform Shopsy is intensifying efforts to tap over half of the 821 million internet users (about 442 million) in rural India. These efforts are being led by Prathyusha Agarwal, who recently joined as business head at Shopsy. The aim is to become the go-to destination for consumers seeking entry-level products across various categories.

NREGA benefited over 4 cr households: Prez

NREGA benefited over 4 cr households: Prez

Rediff.com22 Feb 2010

Patil in her address to both Houses of Parliament said higher public spending on programmes of rural development has successfully raised incomes in those areas.

Gig economy can support 90 mn jobs, add 1.25% to GDP: Report

Gig economy can support 90 mn jobs, add 1.25% to GDP: Report

Rediff.com30 Mar 2021

The gig economy can serve up to 90 million jobs in the non-farm sectors in India with a potential to add 1.25 per cent to the GDP over the "long term", a report said on Tuesday. The gig economy, where workers get hired typically for short durations, can lead to transactions of over $250 billion over the long term, the report by the consultancy firm BCG said. The firm said gig economy is not a new concept but has seen greater adoption following the advent of technology.

'I Pray For That Unknown Woman Who Cooked Pothichoru'

'I Pray For That Unknown Woman Who Cooked Pothichoru'

Rediff.com5 Sep 2024

'A campaign that goes beyond caste, creed and religion.' 'This is a campaign that aims to end hunger in society'

India to become 2nd largest economy in Asia by 2030: S&P Global

India to become 2nd largest economy in Asia by 2030: S&P Global

Rediff.com24 Oct 2023

India, the world's fifth largest economy in the world, is likely to overtake Japan to become the world's third-largest economy with a GDP of $7.3 trillion by 2030, S&P Global Market Intelligence said in its latest issue of PMI. After two years of rapid economic growth in 2021 and 2022, the Indian economy has continued to show sustained strong growth during the 2023 calendar year. India's gross domestic product (GDP) is expected to grow 6.2-6.3 per cent in the fiscal year ending in March 2024, being the fastest-growing major economy this fiscal year.

Income inequality in India lowest among emerging nations: OECD

Income inequality in India lowest among emerging nations: OECD

Rediff.com21 May 2015

The income inequality gap was found to be highest in South Africa and lowest in Denmark.

'Money lending has become prudent and conservative'

'Money lending has become prudent and conservative'

Rediff.com2 Feb 2024

'We need to be far more careful given the fact that while this is group lending, it's essentially unsecured.'

People's movement lights up rural households

People's movement lights up rural households

Rediff.com24 Sep 2015

Around 80 million rural households are estimated to have no access to grid power.

'No Hurry To Convert To Universal Bank'

'No Hurry To Convert To Universal Bank'

Rediff.com11 Jun 2024

'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.'

Why India Will Like Shigeru Ishiba

Why India Will Like Shigeru Ishiba

Rediff.com4 Oct 2024

Shigeru Ishiba is expected to prioritise strengthening Japan's military capabilities and fostering deeper international partnerships, particularly with India, with whom Japan shares significant strategic interests, explains Dr Rajaram Panda.

Trump's Election Should Worry The World

Trump's Election Should Worry The World

Rediff.com6 Nov 2024

'There are ominous portents of an isolationist administration not only building a physical wall to the south to prevent unwanted immigrants from entering the land of milk and honey, but also trade walls not just against China, but all nations,' foresees Sreekant Sambrani.

Managing party without him is...: Ajit Pawar on uncle

Managing party without him is...: Ajit Pawar on uncle

Rediff.com16 Aug 2024

Maharashtra Deputy Chief Minister Ajit Pawar, who heads the Nationalist Congress Party, has said that helming the NCP away from the shadows of his uncle and founder Sharad Pawar after the split is a huge responsibility.

GDP growth still resilient: India maintains momentum despite Q1 slowdown

GDP growth still resilient: India maintains momentum despite Q1 slowdown

Rediff.com7 Sep 2024

Against the Reserve Bank of India's (RBI's) projection of 7.1 per cent, India's first quarter (Q1) 2024-25 (FY25) gross domestic product (GDP) growth came in at 6.7 per cent. This is in line with market expectations and significantly lower than the 7.8 per cent recorded in the fourth quarter (Q4) 2023-24 (FY24) and 8.2 per cent in Q1FY24. The quarter witnessed decreased government consumption and investment spending due to the parliamentary election.

Severe heatwave likely in northwest, east in next 5 days: IMD

Severe heatwave likely in northwest, east in next 5 days: IMD

Rediff.com10 Jun 2024

The heat wave is likely to impact parts of Jammu and Kashmir, Himachal Pradesh, Uttarakhand, Punjab, Haryana, Delhi, Rajasthan, Madhya Pradesh, Jharkhand, Odisha and Gangetic West Bengal, the Met office said.

'No basis in the claim that poverty is down to 5%'

'No basis in the claim that poverty is down to 5%'

Rediff.com4 Mar 2024

'Without a poverty line, how are we to know whether poverty is the same, or it has come down or it has gone up?'

How India can reduce poverty drastically

How India can reduce poverty drastically

Rediff.com30 Oct 2013

Policymakers need to work towards raising the median household income rather than per capita income.

Caste survey: 34% Bihar families earn less than Rs 200/day

Caste survey: 34% Bihar families earn less than Rs 200/day

Rediff.com7 Nov 2023

The percentage of households who live on less than Rs 6,000 a month or less than Rs 200 a day among the Scheduled tribe households (42.91 per cent) was almost the same as among scheduled caste households (42.78 per cent).

Budget: Nirmalaji's Huge Rural Sector Challenge

Budget: Nirmalaji's Huge Rural Sector Challenge

Rediff.com20 Jul 2024

Alloting more funds for MNREGA and PM-KISAN could wipe out the entire additional money that the Centre may have for FY25.

Freebies Dominate Andhra Assembly Polls

Freebies Dominate Andhra Assembly Polls

Rediff.com9 May 2024

The state's economic health is in focus as it has consistently breached the fiscal deficit in eight of the last 10 years since Telangana's formation.

No taxable income? But you may still have to file ITR

No taxable income? But you may still have to file ITR

Rediff.com14 Aug 2020

Finance Act, 2019 has made it mandatory for certain categories of taxpayers to file their ITR, even though their income may be below the taxable threshold. read on to find the details.

Piyush Goyal on why Amazon plans to invest $1 billion in India

Piyush Goyal on why Amazon plans to invest $1 billion in India

Rediff.com21 Aug 2024

Commerce and Industry Minister Piyush Goyal on Wednesday questioned Amazon's announcement of $1 billion investment in India, saying the US retailer was not doing any great service to the Indian economy but filling up for the losses it had suffered in the country. He said that their huge losses in India "smells of predatory pricing", which is not good for the country as it impacts crores of small retailers.

53,000 crorepatis by next year

53,000 crorepatis by next year

Rediff.com17 Jul 2004

The Garbage Collector Whose Book Is Taught At Uni

The Garbage Collector Whose Book Is Taught At Uni

Rediff.com1 Oct 2024

'Not even in my wildest dreams did I think I would write a book one day.'

The Woman Who Lost Everything

The Woman Who Lost Everything

Rediff.com13 Nov 2024

When the landslide hit, Sruthi's house was washed away, along with its inhabitants. She lost her entire family and some relatives. All she had left for a close confidante was her fiance Jenson. Days after the landslide and the loss of her family, Jenson died in a road accident that also left Sruthi with serious injuries. News of the accident and Sruthi's backdrop as the lone surviving member of a family wiped out in the July landslide, was picked up by the media, and people rushed to help.

IPL valuation skyrockets by billions in 2024!

IPL valuation skyrockets by billions in 2024!

Rediff.com12 Jun 2024

The value of the Indian Premier League went up 6.5 per cent to USD 16.4 billion (around Rs 134,858 crore) in 2024, according to a report by American investment bank Houlihan Lokey.

Share of urban women with salaried jobs at 6-year low in Q2: PLFS

Share of urban women with salaried jobs at 6-year low in Q2: PLFS

Rediff.com11 Dec 2023

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.

Five ways to improve your household budget

Five ways to improve your household budget

Rediff.com29 Feb 2016

Take a moment to consider ways to improve your finances.

Caste Is Back In The Electoral Equation

Caste Is Back In The Electoral Equation

Rediff.com20 Nov 2023

Bihar has fertile grounds for caste to emerge as an electoral issue.

Budget: Time To Bet On Big Ideas

Budget: Time To Bet On Big Ideas

Rediff.com16 Jul 2024

The generation of quality jobs and skill development should be the focal point, cutting across ministries and departments, asserts Nivedita Mookerji.