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RISING INCOMES
States' revenue growth to accelerate 9-11% as GST collections rise 16% in first five months: CrisilRevenue growth for 18 major Indian states is projected to accelerate to 9–11% in fiscal 2027, taking combined revenues past ₹44 lakh crore,...- Delhi NCR families and the Rs 50 lakh wedding trap: CA warns about bigger cars, designer brands and lifestyle inflationCA Nitin Kaushik highlighted a lifestyle inflation trend among some families in Delhi NCR, where rising incomes can lead to bigger weddings...
- India’s next consumption wave can’t be built for urban elite alone: FM SitharamanFinance Minister Nirmala Sitharaman urged corporate India to look beyond affluent urban consumers. Rising incomes will drive future consump...
- ETMarkets Smart Talk | Fed, inflation, rupee: How investors should navigate India’s 7%+ bond yields, says Vineet AgrawalWith the 10-year government bond yield moving above 7%, investors are once again facing a key question: is this an opportunity to lock in a...
- The muddled class: The middle class is becoming too large and too diverse to offer a clear view of the consumerIndia's middle class now forms a majority, making income categories less informative. Household consumption patterns shift significantly af...
- Canada OAS payment increase: Seniors to get more money from October 28 as 2026 benefit rises 1.4% — new monthly amounts, GIS, payment dates and tax rules explainedCanada's Old Age Security (OAS) payments are set to increase by 1.4% for the October to December 2026 quarter, giving millions of seniors a...
- New York energy rebate checks 2026: Who is eligible, when will you get it and how much?New York has begun mailing POWER energy rebate checks to eligible taxpayers in 2026. Payments range from $100 to $200 depending on filing s...
- India soyoil imports to rise to record high on price competitivenessIndia's soyoil imports are projected to reach a record high in the upcoming marketing year. Higher soyoil purchases will offset declining s...
- Govt support, benign inflation helped in Q1: Sonal Varma, Chief Economist, India & Asia (excl. Japan), Nomura"We expect GDP growth to moderate from around 7.3% in H1FY27 to 6.7% in H2, still delivering a solid 7% for FY27 overall."
- Dollars no longer buy happinessDespite an unexpected increase in spending, US consumer sentiment is showing a notable decline. Economists are delving into the underlying ...
- Rs 1 crore foreign asset limit under FAST-DS 2026: What taxpayers must know about undisclosed incomeFAST-DS 2026 prescribes detailed rules for valuing foreign assets, but how should undisclosed foreign income be computed for the ₹1-crore l...
- Global Market: J.P. Morgan sees BoE rates rising amid renewed inflation risksJ.P. Morgan expects the Bank of England to raise interest rates by 25 basis points in November and again in 2027 after holding rates at 3.7...
- Salary jumped from Rs 25,000 to Rs 1.2 lakh, but financial stress didn’t. Bengaluru CA explains what went wrongA Reddit user earning Rs 1.2 lakh monthly at 28 said they still feel financially stressed despite their salary rising from Rs 25,000 in 202...
- SNAP benefits changing October 1, 2026: New eligibility limits, deductions, monthly payments and asset rulesStarting October 1, 2026, SNAP benefits and income limits are poised for a substantial increase. Eligible households can expect a notable r...
- India’s wealth market seen growing to $436 billion by 2034; small, micro-caps in focus: Emkay WealthIndia’s wealth-management market could grow 2.5 times to $436 billion by 2034, driven by rising incomes, financialisation of savings and wi...
- Trade fragmentation could hit poor economies much harder than rich ones, WTO warnsGlobal trade fragmentation will severely impact the world's poorest economies. Least-developed countries could see GDP fall significantly b...
- India’s richer households are fuelling a market-investing boomIndia's economy will grow due to domestic consumption and infrastructure spending. Rising incomes will support a higher growth trajectory b...
- Gurgaon couple earning Rs 3 lakh a month said no to a Rs 2 crore flat: CA explains the financial reasonA Gurgaon couple earning Rs 3 lakh monthly decided against buying a Rs 2 crore flat after calculating the financial burden of a Rs 1.5 lakh...
- Couple earning Rs 3 lakh per month reject Rs 1.5 lakh EMI: How they avoided a home loan trap, CA explains the mathA Gurgaon couple earning Rs 3 lakh a month decided against buying a Rs 2 crore home that would have required an EMI of around Rs 1.5 lakh. ...
- As China slows, global FMCG and consumer giants from L'Oreal to Nestle bet big on IndiaIndia is becoming a key growth focus for global consumer companies. Rising incomes and expanding retail offer major untapped market potenti...
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