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HOUSEHOLD INCOME STATISTICS
Slowing rural incomes could weigh on consumer demand: Dhananjay SinhaHeadline rural wage growth in India is misleading, with underlying increases significantly lower than reported. Rising inflation, reverse m...
China's May retail sales fall for first time in over three yearsChina's economy shows a worrying split in May. While factories are humming with strong exports, consumer spending took a hit, with retail s...
Reassure homes, not just economy: Why India’s growth feels weaker at household levelThe ripples of global disruptions are felt in the everyday lives of Indian families, shaping individual narratives beyond simple data point...
India's new GDP yardstick: What changed, what did not, and what every investor should now read differentlyIndia changed the base year used to measure its economy from 2011-12 to 2022-23. The first full-year provisional numbers under the new yard...
Why has the average mortgage payment crossed $2,000, and how can you lower yours as mortgage rates remain stubbornly high in 2026?The average mortgage payment has surged past $2,000 for the first time, reaching $2,005 as high mortgage rates, rising home prices, and per...
Mumbai man received tax notice over unreported income, not filing ITR; ITAT rules in his favour on TDS benefit, tax demand reducedManoj Soman had not filed an ITR for the relevant assessment year, which is FY 10-11 in this case. Based on information available through t...
Macro, the Mightiest: Why India’s biggest macro variable still falls from the skyThe 2026 monsoon comes with a clear warning: Rainfall is forecast at 92% of the long-period average, with higher-than-usual probability of ...
Jeff Bezos, world's 4th richest man, couldn't stop talking about a nurse in Queens earning $75,000. Here's whyAmazon founder Jeff Bezos, also the world's fourth richest man, argued that low-income earners in the US should pay no taxes, citing a nurs...
Social Security May 20, 2026 payments: Who gets SSA and SSI checks this week, and how much amid inflation?Social Security May 20, 2026 payments are arriving this week for Americans born between the 11th and 20th. Many retirees, SSDI recipients, ...
China's economy slows in April as output, retail sales disappoint in blow to outlookChina’s industrial output growth slowed to 4.1% in April from 5.7% in March, missing market expectations of a 5.9% rise, official data show...
India must push solar, grid reforms to navigate oil price rise: Ex-NITI Aayog member Arvind Virmanisuggested navigating this crisis by adopting a two-pronged strategy by implementing a gradual pass-through of rising oil and gas prices in ...
Charting the global economy: Inflation mounts as war drags onThe Iran war is causing global economic disruption. Inflation is rising, impacting consumers and markets worldwide. The US sees its worst i...
Charting the global economy: US job growth exceeds projectionsUS employers added more jobs than expected for a second month. Germany's industrial output declined again. Australia's central bank raised ...
Earning more but still broke? The real reasons your money never feels enough explainedEarning more money does not always reduce money stress. Many people spend more as income grows, and rising costs make it harder to save. Wi...
The myth of India’s extreme inequality: What the data gets wrongRecent studies reveal a misrepresentation of income inequality in India, challenging the commonly accepted pre-tax Gini coefficient of 0.61...
Tax Day is here: IRS sending bigger refunds to more Americans this yearIRS tax refund 2026: Americans are receiving larger tax refunds this year. The average refund has reached $3,500, an increase of 11 percent...
79% households fund construction via own income, informal loans: NSOA recent pilot survey reveals a striking reliance on personal funds and family loans for household construction, with nearly 79% of familie...
GVA per unit in unincorporated construction at Rs 7.98 lakhA new report from the statistics ministry details the construction sector's economic performance. Unincorporated construction establishment...
Unincorporated construction GVA at Rs 7.98 lakh; 10.27 lakh units engagedA recent report reveals key economic figures for India's unincorporated construction sector. Gross value added per establishment reached Rs...
Pre-testing exercise held for new household income surveyIndia's statistics ministry pre-tested its National Household Income Survey, a first-ever pan-India initiative to measure household income,...