Credit over caution: Household savings in India fall to 18.1% of...

Dununu.com Dununu

Sponsor

Credit over caution: Household savings in India fall to 18.1% of GDP; more Indians rely on credit to fund expenses

RSS Feed Business

Posted

62

Indian household savings declined for the third year to 18.1% of GDP. Household debt nearly doubled in ten years. Gross domestic savings also witnessed a dip. Rural India shows promise with rising wages and easing inflation. Retail inflation hit a low of 3.2% in April 2025. The Indian economy grew by 6.5% in FY25. Corporate India is controlling costs.

Read Full Article

Vă rugăm să vă autentificați pentru a vă dori, partaja și comenta!

'I can give my blood for this team': Kagiso Rabada

Kagiso Rabada highlighted the South African team's remarkable World Test Championship victory...

By 0 2

Akhil- Zainab's wedding menu features South Indian dishes

Actor Akhil Akkineni exchanged vows with Zainab Ravdjee in a close-knit traditional wedding...

By 0 3

Aaishvary Thackeray: Bal Thackeray's grandson, Alaya's boyfriend

Aaishvary Thackeray, grandson of Balasaheb Thackeray, is poised to enter Bollywood with his debut...

By 0 3

Vishnu Manchu: 'I think it is Lord Shiva who chose Akshay Kumar'

Vishnu Manchu’s film 'Kannappa', releasing June 27, 2025, stars Akshay Kumar as Lord Shiva,...

By 0 3

'Raja was taken by surprise': Police recreate Meghalaya crime scene; 'Sonam fled after screams'

By 0 5