Axis Bank Q1 Results: Axis Bank reported a 22.5% YoY rise in Q1 FY27 standalone net profit to Rs 7,114 crore, while net interest income inc...

Chinese banks are reluctant to increase lending as bad loans rise. The government wants borrowing to boost consumption and economic growth....

China's second-quarter economic growth slowed to its weakest pace in over three years. Official data revealed a 4.3% annual rise, missing a...

A political storm is brewing in Kolkata as dissident Trinamool MLAs, led by Ritabrata Banerjee, have lodged a police complaint demanding a ...

The ripples of global disruptions are felt in the everyday lives of Indian families, shaping individual narratives beyond simple data point...

An Air India flight from Thiruvananthapuram to Delhi, carrying Congress leader K C Venugopal and other MPs, was diverted to Chennai due to ...

Indian auto dealers anticipate a sales boost during the upcoming festive season. Rakhi, Janmashtami and Ganesh Chaturthi are expected to dr...

Reserve Bank Deputy Governor Michael Patra reported that household saving behavior is returning to normal, with total household savings sta...

Minister of State for Finance Pankaj Chaudhary noted on Tuesday that the government’s emphasis on improving the ease of doing business, enh...

The precautionary behaviour in cash usage is also evident from the excess financial savings of households, which rose to 15.5 per cent of t...

Elden Ring players can trace their save file location and back it up now. There is a process to do so without losing any in-game progress. ...

In terms of consumption, urban-led recovery may be relatively muted compared to the first wave, while rural demand may also be blunted by t...

Significantly, individual savers also rushed to small savings in which the returns are higher than bank deposits as banks have lowered inte...

Bank deposits -- having a share of around 55 per cent in total assets of households -- decelerated by 0.1 per cent at end-April 2021 on a m...

Preliminary estimates by RBI indicate that household financial savings jumped to 21.4 per cent of GDP in the first quarter(April-June) of 2...

Monetary policy developments are not looking favourable for savers.

It said higher savings are important as it preclude domestic consumption that drives growth.