Indian Households Wealth

A report reveals that food aggregators' pricing models include small, seemingly negligible fees, which can add up significantly, affecting consumers' wallets without immediate notice

A survey has revealed that televisions are requiring repairs much sooner than expected, with one in three households reporting issues with their television sets within five years of purchase

Consumer confidence stable; fairly optimistic about economy, employment, income

National Stock Exchange's managing director and chief executive officer Ashish Chauhan on Monday said 17 per cent of Indian households are invested in stocks, and urged investment bankers to get quality companies to the market. Speaking at an event organised by the Association of Investment Bankers of India here, Chauhan said people who are seemingly poor are investing in entrepreneurs because of the trust factor and the number of investors are growing. There are 8 crore unique investors from 5 crore households who are invested, which means 17 per cent of the overall households of the country are directly invested in the stock markets, Chauhan said, adding that initial public offerings (IPOs) by companies are the preferred route for entering the markets. "So let us pray and of course work hard to ensure that only good companies come to the markets," Chauhan said in his address to the investment bankers. He said if the country's largest bourse NSE was a country, it would be 20th ...

What the data suggests, however, is that India's numbers are unsustainable. They're driven by debt-fueled household consumption and government investment

The survey covered over 40,000 households, both rural and urban from 25 states.

Critical need to provide financial risk protection to reduce the monetary impact of health care expenditure on mental illness among households in India, says paper

The poor have really suffered loss of incomes and employment during Covid-19

Only one among BRIC countries to have cut leverage to levels to pre-pandemic levels

Despite robust growth in financial inclusion and the burgeoning financial services industry, almost 69 per cent of Indian households struggle with financial insecurity and vulnerability, according to a personal finance survey conducted by Money9. India's Personal Finance Pulse maps Indian households' income, savings, investment and spending, said a statement issued by Money9, promoted by TV9 Network. Providing insights into how India earns, spends and saves, the survey has also unveiled the country's first-ever state ranking of citizen financial security -- the Money9 Financial Security Index. "The survey finds that the average income of an Indian family of 4.2 persons is Rs 23,000 per month. Over 46 per cent of Indian families have an income of less than Rs 15,000 per month i.e.belong to the aspiring or lowest-income cohort," it said. "Only 3 per cent of Indian households have a luxury standard of living and most of them belong to higher income cohorts (High- Middle and Rich)." Al

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

Total financial assets of US households, according to the report, amounted to $94 trillion, or around 440 per cent of their gross domestic product (GDP) as at CY19-end.

"It's the same story in all these homes - the sons migrate to find jobs in the city", says the authors

Sharing of data raises privacy concerns; there should be rights-based privacy framework: FSDC report