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PER CAPITA EXPENDITURE
CRISIL's Dharmakirti Joshi gives India a 7 out of 10 on growth durability; says private capex has the money but not the willIndia's economic growth remains strong and durable. Corporate India possesses robust financial health but lacks the confidence to invest. N...- India's out-of-pocket healthcare spending drops significantly, govt data showsIndian families now pay less for healthcare. Out-of-pocket spending fell from 64.2% to 43.4% in ten years. This is due to the government sp...
- Govt health spending triples to Rs 3.85 lakh crore in 2022-23: National Health AccountsGovernment spending on healthcare has surged to Rs 3.85 lakh crore in 2022-23, nearly tripling from a decade ago. This increased public inv...
- A $2.89 trillion military surge signals the sharpest global arms buildup since WWIIThe surge in global military budgets is astonishing, with nations investing heavily in their defense capabilities in response to escalating...
- India needs to raise R&D spending to 2 pc of GDP by 2035 to boost manufacturing: ReportIndia's manufacturing growth is hampered by low R&D spending, currently at 0.6% of GDP, a report highlights. To boost its manufacturing sha...
- Big auto bets big: Carmakers line up Rs 40,000-crore capex push amid demand boomWhile Maruti Suzuki has earmarked record investments of Rs 14,000 crore in FY27 to add annual capacity for 500,000 cars, Hyundai Motor Indi...
- Chanel for Chandigarh, Mango for Mangaluru: India’s luxury map shifts beyond metrosIndia's retail landscape is shifting as smaller Tier-2 cities are now attracting global brands and premium malls, outperforming larger metr...
- Maruti Suzuki lines up record capex of Rs 14k cr to add capacityMaruti Suzuki plans a record Rs 14,000 crore capital expenditure for FY27. This investment will expand manufacturing capacity to meet risin...
- 8th Pay Commission demands: Rs 72,000 as minimum pay and fitment factor of 4.0; why this employee body wants 4x salary hikeThe Bharatiya Pratiraksha Mazdoor Sangh (BPMS) has proposed a significant overhaul for the 8th Pay Commission, demanding a minimum basic sa...
- 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...
- Sector rotation underway: 3 themes to watch for your portfolio, says Devang MehtaIndia's stock markets are experiencing a sector rotation, with consumption stocks like tobacco and alcobev surging after years of quiet. In...
- Rural consumption rises higher than urban, allowing the inequality to dip during Aug 2023-July 2024Consumption inequality decreased in both rural and urban areas during August 2023-July 2024 compared to the previous year, with Gini coeffi...
- Buses most preferred mode of transport in India: SurveyTrams have been clubbed with buses in a single category in the report titled, 'Key Indicators of Household Expenditure on Services and Dura...
- Defence spending less than US, UK per capita: ChinaChina today said the allocation to the world's largest armed forces was required to maintain the country's territorial integrity.
- Base year change: Per capita income rises to Rs 6,699/month in FY14The per capita Private Final Consumption Expenditure (PFCE) at current prices for the year 2013-14 stood at Rs 4,511.08 per month.
- Monthly urban per capita spending highest in DelhiMonthly per capita expenditure in urban Delhi is highest among all states, according to Delhi government's report on Household Consumer Exp...
- Narendra Modi’s Gujarat not a role model in urban spendingNSSO report shows per capita monthly spending in urban areas of the state below national average
- Poorest of poor survive on Rs 17 a day in villages: NSSOPoorest of poor in the country survive on barely Rs 17 per day in villages and Rs 23 a day in cities, as per the latest data.
- UP is home to people with dangerously wide gaps in skills, income and casteWith a total population at par with Brazil, if UP was to be declared a separate country today, it would be the sixth-largest nation.
- National Sample Survey finds huge disparity in Indians' incomeWhile average monthly per capita expenditure at Rs 1,053.64 in rural areas and Rs 1,984.46 in urban India in 2009-10, there exists a huge g...
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