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HOUSEHOLD FINANCE COMMITTEE
India may have brokered a rupee truce, but hasn't won peace yetIndia has unveiled a package aimed at supporting the rupee without resorting to capital controls, a move seen as more market-friendly than ...
RBI widens direct equity access for overseas investors, doubles investment limits under PISThe RBI has doubled investment limits for overseas individual investors under the Portfolio Investment Scheme and extended direct equity ac...
What? Could your Social Security benefits be cut by $500 a month in 2032? Here's which states face the biggest losses from trust fund insolvencyFor millions of retirees, Social Security is more than a government benefit. It is a lifeline. New projections warn monthly checks could fa...
RBI's inflation forecast signals 1-2 rate hikes in coming months: ExpertsExperts anticipate one to two rate hikes in the coming months following the RBI's increased inflation forecast, despite keeping the policy ...
RBI holds repo rate, but for how long will relief for home loan borrowers continue?The RBI’s decision to keep the repo rate unchanged at 5.25% has provided relief to home loan borrowers, but rising inflation could trigger ...
Consumption demand faces risk from global headwinds, parliamentary panel informedIndian officials have warned that consumption demand might face challenges due to global economic pressures. However, strong service export...
Andhra Cabinet gives nod to 34 proposals; boosts aviation, irrigation, industrial developmentThe Andhra Pradesh Cabinet approved 34 proposals, including a new aviation policy, organ transplantation law, and revised funding for the P...
Parliament panel meeting discusses concerns over rupee, sluggish private investmentMembers of a parliamentary committee voiced concerns about the rupee's decline and slow private investment. The government stated India's e...
Can Trump’s $1,000 IRA match executive order finally bring 56 million Americans without 401(k) access into retirement security? Here's who actually qualifies for this benefitUS President Donald Trump IRA Trump retirement plan executive order: Will $1000 IRA Match Transform Savings. For decades, retirement securi...
US national debt crosses 100% of GDP: America now owes more than its entire economy produces — and the $1 trillion interest payments alone now outpace the PentagonU.S. debt-to-GDP ratio hit 100.2% on March 31: For the first time since the ruins of World War II, the United States national debt has surp...
War revives stagflation dangers for global economyGlobal economic outlook faces uncertainty as seven weeks of Middle East conflict impact growth and inflation. Business surveys from Austral...
Climate crisis is a gender issue, women face higher risks, less representationClimate change disproportionately impacts women, who are often excluded from decision-making despite their crucial roles in crisis response...
World Bank chief sounds alarm about looming jobs crisis even after war endsWorld Bank President Ajay Banga says he's determined to ensure that finance officials stay focused on those longer-term challenges like cre...
Household savings flow to financial market could pose risks, says finance ministryThe finance ministry has informed the Parliament about the risks households face when shifting deposits from banks to market-linked product...
Here is why Indians are retiring poor with more debt and no pensionUnlike advanced countries, Institutional borrowings by Indian families are low in early life and go on increasing leaving many retired pers...
Plan to make PAN card must for all transactions in goldThe panel was set up to look at various facets of household finance in India on the recommendations of the subcommittee of the Financial St...
Government examining suggestion to phase out Rail BudgetThe Committee recommended that the British-era legacy of having a separate railway budget should be phased out and it should be merged with...
RBI to study why Indians spend big to buy goldThe panel will look at various facets of household finance in India and to benchmark India's position vis-à-vis both the peer and advanced ...
- Govt lines up measures to boost financial inclusion
The government is considering a slew of measures to boost financial inclusion, taking off from the recommendations of the Committee on Fina...
- Easy access to banking services for all on cards
Each rural and semi-urban bank branch will have to open at least 250 bank accounts for those who do not have access to banking services.