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RURAL HOUSEHOLD INCOMES
Weak rains clouds recovery in Rs 3.3 lakh crore microfinance sectorIndia's microfinance sector, with a market worth ₹3.30 lakh crore, is encountering credit risk hurdles. Key factors include inconsistent ra...- Lakhpati Didi scheme boosts household income: IIM StudyThe Lakhpati Didi initiative, launched in 2023, aims to enhance women's income and savings in India. Recent studies indicate that household...
- Why women in Jharkhand are running 1.6 km in saris and slippers every morningWomen from villages in Jharkhand's Ramgarh district are training every morning for the upcoming home guard recruitment, with some running 1...
- S&P projects 12-14% credit growth this fiscal, warns weak monsoon may hit rural lendingS&P Global forecasts a 12-14% increase in financial sector lending despite potential slowdowns in rural areas. Concerns about weak monsoon ...
- S&P sees 12-14% credit growth in India despite rural stress risksS&P has projected credit growth of 12-14% in India's financial sector, emphasizing concerns about rural credit growth. The potential impact...
- Khadi over the decades: How Gandhi’s fabric found a new lifeKhadi remains an important symbol of India's independence and has significantly grown as a commercial entity. The sales and production of k...
- The Street feels global heatBond markets are imposing fiscal discipline on governments as borrowing levels increase amid geopolitical tensions and rising inflation. Ce...
- New data points to a sharper divide in consumption trends in rural, urban IndiaIndian households in urban areas are showing a decline in quarterly expenditure while rural spending is increasing. A study indicates urban...
- Crisil lifts India FY27 growth forecast to 7% on strong H1 momentumCrisil has raised its GDP growth forecast for India in FY27 to 7%, reflecting strong domestic demand. Resilient consumer spending and gover...
- SNAP benefits from October 1: Will 37 million Americans get increased payments? New rules, income limits and monthly benefits explainedSNAP benefits from October 1, 2026: Millions of Americans receiving SNAP benefits will see updated benefit amounts and changes to eligibili...
- ITC expands dairy play in East India, bets on branded milkITC is enhancing its Aashirvaad dairy brand in Eastern India to leverage growing market demand. The company aims to convert households from...
- In Brazil, frustration over cost of living undermines Lula's reelection bidKleyton Zacarioto, a butcher, expresses frustration with high food prices impacting household budgets ahead of elections. Incumbent Preside...
- Indian agriculture enters new phase as diets, incomes and climate reshape farming: ReportThe first phase, from roughly 1967 to 1995, was dominated by the need to achieve food security, says the paper.
- Fitch raises India FY27 GDP growth forecast to 6.9% from 6.4%, sees 25 bps RBI rate hike in OctoberFitch Ratings has raised India’s FY27 growth forecast to 6.9% from 6.4% after the economy expanded 7.8% in the June quarter, demonstrating ...
- India’s big upgrade wave: Rs 1 crore+ homes, premium cars, Swiss watches & pricier phonesPremiumisation trend is spreading beyond affluent urban consumers, with households upgrading across homes, cars, travel, smartphones, appli...
- Meghalaya links farm income to water security, releases ₹28.60 crore to 1.14 lakh households in TuraMeghalaya Chief Minister Conrad K. Sangma released Rs 28.60 crore under FOCUS+ for 1,14,400 farming households, including 9,070 new benefic...
- 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...
- 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."
- 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...
- A New York program weatherized 40 homes for low-income families; SCCAP reported $38,148 in energy savings and 8,348 gallons of fuel savedOlder housing infrastructure continues to put a strain on low-income families, leading to substantial energy costs. In response, a program ...
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