Households

India not growing enough pulses to meet nutritional needs of population

India faces a nutrition gap as pulses production and consumption fall short of dietary norms, even as cereals remain overconsumed across states

Home services platform Snabbit raises $56 mn in Series D funding round

Home services platform Snabbit has raised USD 56 million (about Rs 530 crore) in a funding round co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments' Unicorn Growth Fund, and Bertelsmann India Investments, the company said on Tuesday. Existing investors Nexus Venture Partners and Lightspeed also participated in the round. Snabbit Founder and CEO Aayush Agarwal told PTI that the company plans to utilise the fund to build a strong balance sheet as it is gearing up to expand service in micro markets and foray into new categories in near future. "We have raised USD 56 million in Series D round funding, led by SIG, along with Mirae and Bertelsmann. This also marks Miraeas first investment from the Unicorn Growth Fund that was recently launched. We already have strong investors like Lightspeed, Elevation, and Nexus. Bertelsmann, which led our previous round, is doubling down significantly," Agarwal said. Global marketplace investor FJ Labs also participated in the fund

Lower GST on insecticides can boost access, cut disease risk: EY-HICA

Reducing GST on household insecticides to 5% can improve affordability, widen rural access, and help curb mosquito-borne diseases, says a joint EY India-HICA report

Census 2027: More than 572,000 households avail self-enumeration facility

More than 5.72 lakh households have availed the self-enumeration facility so far during the first phase of the Census 2027, the Registrar General of India (RGI) said on Friday. This reflects the growing participation in the digital initiative of the Census, it said. "By choosing to provide their details online, these families have embraced a faster, smarter and a more convenient way to contribute to nation-building," the RGI said in a post on X. The self-enumeration facility is available to citizens in states and Union territories which will start physical Houselisting and Housing Census (HLO) from April 16. The Census 2027 kick-started on April 1 in eight states and Union territories, including New Delhi Municipal Council (NDMC) and Delhi Cantt areas of the national capital, with a 15-day self-enumeration window -- a first in the history of the massive exercise. A specially developed portal for self-enumeration has been opened for the Andaman and Nicobar Islands, Goa, Karnataka,

Tackling West Asia conflict's impact on investments, household budget

Avoid panic selling, keep SIPs going: Past wars caused transitory selloffs

Snabbit founder seeks fresh funding in India's $60 bn housework market

Less than 1 per cent of paid household help is currently ordered through online platforms, Redseer estimates, leaving them with ample room to gain market share

The quality of philanthropy is not strained in India, shows study

The line from The Merchant of Venice finds expression in India, where people of moderate means are opening their wallet of generosity

'Households allocating greater share of monthly bill to non-food spending'

Households are now allocating a greater share of household consumption expenditure to non-food spending on consumables and services, and durable goods, according to a working paper of the Economic Advisory Council to the Prime Minister (EAC-PM). EAC-PM in a working paper titled 'Changes in Durable Goods Ownership in India: Analysis of the Household Consumption Expenditure Survey 2011-12 and 2023-24' on Friday noted that the share of of the monthly per capita expenditure (MPCE) spent on durables has risen in both rural and urban areas, with the rural share slightly surpassing that of urban households in many states. Further, in absolute values (rupees), spending has increased across all states and sectors, with higher absolute expenditure in urban households. "Consequently, a greater share of household consumption expenditure is now non-food spending on consumables and services, and durable goods. Consumables and services are the largest component of household spending in urban areas

Reform lending to low-income households to strengthen credit systems

A sharper partnership framework, stronger NBFC funding and better income assessment can make low-income credit flow stable instead of stop-start

Household Income Survey: Getting responses to hard questions won't be easy

There is also a logistical challenge relating to the time of the day when the households should be visited

Shift in dependency as 83% of sole-earning women gig workers married: Study

Of the total women surveyed in Delhi NCR region, 16. 3 per cent responded as being sole earners

EAC-PM chair flags comparability issue in latest consumption surveys

S Mahendra Dev says recent HCES lacks comparability with previous surveys due to design changes and suggests pilot-stage testing should have included comparability checks

Households expect easing inflation and improved consumer confidence: RBI

According to the RBI's May survey, households see inflation easing with stable near-term and improving one-year-ahead consumer confidence in both rural and urban areas

Fastest growth in years: Corporate manufacturing trumps household units

The gross value added by household manufacturing units has grown 13.5 per cent in absolute terms between FY19 and FY24 after adjusting for inflation

Net household financial savings rebound, India to lead growth in FY26: RBI

RBI annual report says household savings recovered to 5.1% of GNDI in FY24, projects 6.5% GDP growth for FY26 as India remains the fastest-growing major economy

Snabbit raises $19 mn to expand on-demand home services across India

Backed by Lightspeed, Elevation, and Nexus, the startup aims to enter 200 micro-markets and build a tech-enabled platform for rapid household services

Will a poor monsoon have the same effect in 2025 as it did earlier?

India's agricultural sector is still largely dependent on the four-month-long Southwest monsoon, but that correlation may be weakening as irrigation infra develops

Centre plans digital push to tackle non-response in sample surveys

Government data shows that the share of people averse to the surveys conducted by the NSO more than doubled in five years between the 75th National Sample Survey

Households expect inflation to moderate; consumer confidence dips

Inflation expectations showed an upward trajectory for three months and one-year ahead period

Indians see lower living costs but anticipate price hikes: Report

Indian fear that food prices, utilities, household shopping, fuel, and going out are all likely to become more expensive next year: Ipsos Cost of Living report