Consumer anxiety is at the highest levels since the outbreak of coronavirus pandemic in India with the less affluent most skeptical about economic outlook while a majority of consumers think their income in the next six months will be lower than the pre-COVID levels, says a latest study. As per the COVID-19 consumer sentiment research by global management consulting firm Boston Consulting group (BCG) conducted between May 23 and May 28, 2021, covering around 4,000 respondents across metros, tier I, II, III, IV and rural India, 51 per cent of consumers expected their spends over the next six months to be lower. In the last round of survey conducted from July 20 to August 2, 2020, the figure stood at 40 per cent.
'Technology is streamliming the entire process of aid distribution and making it transparent and digital.'
Some of these items of consumption include ultraviolet disinfectants and sanitising boxes, free-finger touch devices, do-it-yourself grooming kits, self-cleaning water bottles, smart tiffin boxes, hand-sanitizer wearables, antiviral fabrics, tiles, flooring and mattresses, and anti-fogging glasses.
'We need people who can position a product digitally and craft the journey for customers, by improving user interface and user experience.'
Be mindful of your tone while you try to calm down your child and refrain from yelling, shouting, or hitting, advises Asha Vaghasia, founder, We Positive Parenting.
Affordable pricing, a variety of themes, and the ease of transacting are among key reasons that have made smallcases a hit among young investors.
To avoid season pricing, keep a close eye on the calendar and begin planning travel at least 60 to 90 days in advance keeping tentative dates in mind.
Petroleum Minister Dharmendra Pradhan on Tuesday put state-owned ONGC and OIL on notice saying oil and gas reserves they hold need to be monetised through joint ventures with domain experts or the government will take them away and auction them. Speaking at BNEF Summit, he said state-owned firms cannot indefinitely sit on resources when the nation is a net importer of oil and gas. Despite India bidding out acreages to private and other companies since the 1990s, Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL) hold a "sizeable number of acreage for years," he said.
Anil Rego, CEO of RightHorizons, will answer your financial planning queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
'I take outdated clothes and turn it into new' says mother of three Sarah Tyau.
It is rare for Cabinet ministers to tick off state-owned companies publicly, yet that was what then petroleum and natural gas minister Dharmendra Pradhan did for ONGC. Speaking at an event on June 29, Pradhan said he has asked India's premier exploration company to find fresh oil acreages fast. "Do it yourself through some joint venture (or) through a new business model. But the government cannot permit you to hold resources for an indefinite time." The reason for this stricture is India's rising dependence on imported oil and gas. Or, to put it another way, falling domestic production (see chart: "Crude truth"), especially from ONGC, which faces a simple problem.
There are some things you must be careful of while using online stock trading websites. Here are five common mistakes that you must not make.
Only those who can "afford" to not depend on the Indian state can live comfortably in it.
An unresponsive treatment and the monotony of the long rehabilitation almost convinced Yuki Bhambri to hang his racquet for good but a voice within kept telling him that he could still pursue the game he is so passionate about.
It is not impossible to claim a 10-15-year-old deposit, but the process can be cumbersome and time taking.
Subrata Pati, who is in Ahanda village in West Bengal's Bankura district, climbs atop a neem tree each day to receive uninterrupted signal on his cell phone, which he uses to teach his pupils with.
Triple Formula One world champion Sebastian Vettel is ready to put the hammer down after spending his winter break catching up on handywork around the house.
'It could tempt investors to pick stocks that are not fundamentally sound.'
Khadija Choonawala tells us how she did the impossible.
Easy availability of drones has increased the complexity of security challenges and the Indian military is developing capabilities to effectively deal with the threats, be it from State-sponsored elements or by states themselves, Army Chief Gen M M Naravane said on Thursday.
'Trust me, I don't even enjoy the company of friends who live in regret.' 'You either own your decisions or just let it go and work harder to get something better.'
A financial plan gives you a roadmap, which helps you take the right decisions and avoid expensive blunders.
This Raksha Bandhan, give your sibling a present with a difference.
Some of the simple things you are doing every day may not necessarily be good for your health.
'Always have two (not more) things you want badly in life -- really badly -- and it will bring such focus, such hard work and such sacrifice that you never knew existed inside you.' 'This is the secret sauce to success today and most days.' A must-read excerpt from Ronnie Screwvala's Skill It, Kill It: Up Your Game.
Market forces always work and India has an intensely competitive service economy, says Rama Bijapurkar.
Filing your income tax return will be easier this financial year (FY) 2009-10. Want to know how? Read on.
The Washington Post said the deliberate act of proliferation was part of a secret nuclear deal struck in 1976 between Chinese leader Mao Zedong and Pakistan's then Prime Minister Zulfiquar Ali Bhutto.
These DIY projects before wintertime reduce home energy use and save you money.
Your feet need as much love and care as the rest of your body. What's more, you can pamper them in style without blowing up your monthly budget at a spa -- your kitchen has all the items you will require.
Many millennials believe that they have enough time to plan for long-term goals, hence they do not worry about goals such as retirement.
Twelve easy-to-learn, do-yourself poses that should get you in fine fettle and whet your appetite for its challenges in the coming months.
Rediff.com's Ashish Narsale presents a list of gadgets that will fit your budget and instantly impress your bae.
Intel, Raytheon, and other companies are dabbling in technology that enables 3D conferencing, but will employees take to avatar exchanges?
In conclusion, the financial planner's role in helping you achieve your financial goals is undisputed. And you would do well to take due care before engaging the services of one.
The revised policy, which has come into effect since last week, means passengers who are looking to skip the long queues at airports will have to shell out a fee for it. For IndiGo, the lowest seat fees is Rs 100 while for SpiceJet it is Rs 99.
The Briton, who was playing fairly before the mid-match trim, slumped to a defeat against Nadal in their Round Robin match in the ATP Tour Finals on Wednesday.
You can easily become a crorepati in your lifetime by investing in PPF and SIPs of mutual funds. Here's how.
Hena Mehta will answer Your Questions on personal finance on a weekly basis. Please mail your questions to getahead@rediff.co.in with the subject line 'Personal Finance Query' along with your name and Hena will offer his helpful advice.
