Financial Savings

Setting money aside every month is a sign of disciplined financial planning, but the intent and outcome of saving money versus investing it are quite different.

An emergency fund is the money that one needs to keep aside to tackle an unexpected setback one might face.

The existence of an emergency fund matters most if you encounter a financial setback, such as a job loss, health emergency, home repair or some family responsibility

Net household financial savings increased to 7 per cent of GNDI in FY25 as a sharp decline in financial liabilities outweighed a moderation in gross financial savings

A study by IIM Udaipur finds households in Gujarat and Rajasthan save regularly but lag in investing and retirement planning, highlighting gaps in financial capability

Household financial liabilities have climbed to 6.2% of GDP, a decade high, driven by rapid growth in home loans, personal credit, and credit card spending.

The anti-proliferation restrictions need to be revisited to allow a wider range of well-labelled products

As life insurance loses share in households' financial savings, insurers are rushing to create new products, mostly in health insurance, to stay engaged with a younger demographic

Fashion entrepreneur Anam Mirza, sister of tennis star Sania Mirza, says deleting UPI apps like Google Pay helped her become more mindful of her spending

The following plans and premiums are for young male, non-smoker males living in a city

HDB's IPO, the largest by an NBFC and fifth-largest overall, receives Sebi approval and is set to meet RBI's listing deadline for upper-layer NBFCs

State Bank of India in its latest economic research report said that based on the current trends, net financial savings of the household sector may touch Rs 22 lakh crore, or 6.5 per cent of gross national disposable income (GNDI), in the financial year 2024-25. The net financial savings during 2023-24 stood at 5.1 per cent of GNDI, an increase from 4.9 per cent in the previous fiscal. The report said the growing capital pool is crucial for funding government and corporate deficits and supporting macroeconomic stability. Referring to the dynamics of RBI surplus, the report said that the central bank's efforts to contain the volatility of the rupee was a major factor in determining its quantum. During fiscal 2024-25, the balance sheet of RBI expanded by 8.19 per cent, which is less than the nominal GDP growth of 9.9 per cent. An amount of Rs 2.69 lakh crore surplus amount of RBI has been transferred to the government, which would enhance the fiscal space, the report said. Accordin

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Farmer Producer Organisations (FPOs) have transformed lives and provided financial stability to women in rural areas of Chhatrapati Sambhajinagar who once earned meagre wages as farm labourers. Women of Karmad, who until a few years ago received Rs 200-300 in daily wages after toiling away in farms, now earn up to Rs 2,000 per day working at drying and processing units under FPOs. Besides empowering women in the area, FPOs have also cut losses incurred by farmers when excess produce flooded the markets, forcing them to destroy some of it. Drying units for onions and corn have come up in the Karmad area, around 30 km from Chhatrapati Sambhajinagar city, in the last couple of years, and they are part of a supply chain for hotels and food processing companies. Talking to PTI, Padmaja Vedpathak, who works with three other women in her corn processing unit, said, "We work seven days a week and earn around Rs 2,000 a day by processing three tonnes of corn daily. I used to earn Rs 300 a d

An ideal product mix depends on what are the strengths of the company and how they cater the needs of the customers, says Jhingran

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It is high time to assess the preference of Indian households towards different investment streams as Trumponomics affects their valuation

Increasing financial autonomy, with 18% making independent financial decisions and 47% deciding jointly with their spouses

Expectedly, urban households display a greater inclination to adapt their investment choices to dynamic economic conditions

The Congress on Monday claimed that the Tata-Airbus C-295 aircraft facility inaugurated in Vadodara was earlier supposed to be set up in Nagpur and alleged that under Prime Minister Narendra Modi's instructions, the Centre and the Mahayuti dispensation have conspired to ensure the "wholesale surrender" of Maharashtra's interests. Congress general secretary in-charge communications Jairam Ramesh said the people of Maharashtra will give a befitting reply to the PM and his colleagues for their betrayal of the state. The opposition party's attack came after Prime Minister Modi and his Spanish counterpart Pedro Sanchez inaugurated the Tata Advanced System Limited (TASL)-Airbus facility to manufacture C-295 military aircraft in India. The Tata-Airbus facility is the first private sector final assembly line for military aircraft in India. "Today, the non-biological PM is in Vadodara to launch the Tata-Airbus C-295 aircraft facility. This exact same project was supposed to be set up in ...