Page 2 - Household Budget

'Household spending may grow 6.7% in 2024 on mild inflation, income surge'

The report also notes that the current situation index (CSI) and future expectations index (FEI) are above their pre-pandemic levels (at 89.4 and 118.0 respectively)

Household consumption expenditure survey 'election-inspired', says Kharge

Targeting the Centre for releasing an "election-inspired" Household Consumption Expenditure Survey, Congress president Mallikarjun Kharge Tuesday demanded a census be conducted soon for accurate information, insisting it should also incorporate a caste survey. In a post on 'X' in Hindi, Kharge said that after 10 years of "deep sleep", the Modi government has finally come out with an "election-inspired" survey on public expenditure and income. "The Modi government has made an unsuccessful attempt to pat itself on the back in the survey," he said. "We have only one demand, for correct information, the Census of 2021 should be done as soon as possible and a caste census should be a part of it. The Congress party will definitely get it done as soon as its government is formed," the Congress chief added. Kharge said if everything in the country was so shiny as is being shown in the Household Consumption Expenditure Survey, why the poorest five per cent of rural India was spending only R

Household savings fall to decades low, borrowing rises: RBI data

Annual financial liabilities of households increases by 5.8% of GDP

To end tomato price jumps, India needs more than stop-gap solutions

The government has said that the price rise is temporary and would cool down in 15-30 days

Tomatoes to cumin: Soaring prices put pressure on kitchen bills

The hike in prices will continue as the supply remains affected, claimed those in the business

Household consumption still weak, but private sector capex shows revival

On a nominal basis, gross fixed capital formation (GFCF), a proxy for infrastructure investment, contributed 29.2 per cent to FY23 GDP

More than 70% of working women contribute to household expenses: Survey

Nearly half of working women learned about personal finance from social media, it says

Household wealth optimism collapses, finds Edelman Trust Barometer

The Edelman Trust Barometer found that economic pessimism was at its highest in some of the world's top economies such as the United States, Britain, Germany and Japan

1 in 3 families may splurge over Rs 10,000 this festival season: Survey

LocalCircles report said CMIE had reported that the consumer sentiments decreased in August after rising in July

June quarter's household consumption, capital investment rise, shows data

Government consumption falls in April-June quarter; inflation and supply chain disruption impacts corporate balance sheets

Around 31 mn households demand work under MGNREGA in May, up 11% YoY

The figure is also much higher than the corresponding pre-Covid period, data shows

Household consumption up; below pre-Covid level: FY22 GDP estimates

The NSO also released the GDP data for October-December (Q3) of FY22

A penny saved, a penny earned and other insights into the art of budgeting

Budgeting tips: Start with some kind of allocation of your periodical expenses, even if it's very rudimentary. You can adopt a more sophisticated approach later

Budget FY23: Need to support incomes for household consumption push

Budgetary support on incomes must continue to strengthen household consumption demand, said Crisil Research.

Tomato prices soar, hitting already constrained family budgets

The price jump has been more in southern and eastern parts of the country than in northern and western areas

'Save first, spend the rest': A budgeting approach that's easy to follow

Experienced practitioners may graduate to zero-based budgeting, a more evolved and detailed approach.

Homes in top-10 cities cut expenses sharply as fuel prices continue to rise

Most households in top-10 cities have been sharing concerns related to rising fuel prices and their focus on budget while shopping during this festive season.

79% believe household earnings will dip in FY22 as against FY21: Survey

76% want Centre to cut excise duty on petrol and diesel as high fuel prices hit family budgets, says a Localcircles survey

Covid-19: At Rs 43.5 trn by March, Indian households' debt at record high

Indian households had debts worth nearly Rs 43.5 trillion at the end of March this year, up from Rs 6.6 trillion at the end of March 2008 and Rs 19.3 trillion five years ago at the end of FY15

Your Money: Making a household budget is tedious, but fruitful

Start small by noting down expenses for a month and then decide on allocation