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.
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.
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.
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'.
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.
Two minor girls in Maharashtra's Beed district allegedly committed suicide after being scolded by their mothers over household issues.
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.
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.
'Instant home services act as an on-demand household support system, bridging the gap between informal domestic help and structured service platforms,'
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.
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.
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.
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.
Cash remains dominant for many transactions despite continued expansion in digital payments across the country.
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.
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.
An international study analysing data from 67 research groups worldwide has found that mood improves with everyday movement for most people, and people are more physically active when they are feeling better.
A fire in a Gurugram flat exposed alleged fire safety lapses in a residential society, raising concerns among residents.
'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.'
Delhi Police have arrested a 26-year-old man for allegedly siphoning off Rs 1.48 lakh from his paralysed brother-in-law's bank accounts after gaining the family's trust as his caretaker.
'Healthcare costs in India rise by 10 to 14% annually, causing treatment costs to double roughly every 5-7 years.'
A man in Mumbai has been booked for allegedly cheating a woman of 7 crore by making false promises of financial assistance and business loans after her husband's death. The accused, Bharat Singh alias Johnny, allegedly obtained the woman's GST login credentials and carried out fake transactions in her company's name.
The campaign for elections to 51 urban local bodies, including four municipal corporations in Himachal Pradesh, concluded on Friday, with key issues including infrastructure, tourism, and fuel prices taking centre stage.
Over the past two decades, India has witnessed several major petrol price hikes, driven by global crude oil fluctuations, economic crises, currency depreciation and geopolitical conflicts. How did we get from Rs 34 to over Rs 100 today
'What exactly is on the prime minister's mind, we do not know. But it feels like the government wants the country to be prepared for unseen challenges ahead.'
rediffGURU Anu Krishna, mind coach, relationship coach and co-founder of Unfear Changemakers, urges couples to openly discuss how to manage money in a relationship.
The closure of the Strait of Hormuz has disrupted some 20 per cent of the global flows but even if it opens, damages to production facilities in the region will take time to repair, points out Sunita Narain.
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