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
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
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
Backed by Lightspeed, Elevation, and Nexus, the startup aims to enter 200 micro-markets and build a tech-enabled platform for rapid household services
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
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
Inflation expectations showed an upward trajectory for three months and one-year ahead period
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
Consumer confidence dips marginally
The snapshot of households' financial wellbeing comes less than a week before the Federal Reserve is widely expected to reduce borrowing costs for the first time since the pandemic recession
The HCES data not only points to a secular decline in the share of food items in the spending basket, but also reveals a shift in the composition of food expenditure itself
Sentiments about current employment conditions & own income deteriorate
Sebi Chairperson Madhabi Puri Buch noted that trading volumes in the F&O segment have surged over the past three years, growing at an unprecedented rate
Finance Minister Nirmala Sitharaman said: "I want to reassure the assessees that our intent is to make GST assessees' life easier. We are working towards lesser compliance"
What changed in the Household Consumption Expenditure Survey 2022-23 - and did it deliver?
The consumption of cereals in rural households declined to 9.61 kg in 2022-23 from 11.23 kg in 2011-12, while in urban households, it declined to 8.05 kg from 9.32 kg over the same period
Authorised CGDs have provided half of their targeted PNG connections to households
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)
Influx of new investors shows that more households are taking to direct investing
Consumer confidence stable; fairly optimistic about economy, employment, income