Search For "financial savings"
Budget 2026 should announce tax relief on bank deposits, insurance and pen
Updated : 3 months, 3 weeks ago IST
The central government in the upcoming budget 2026 should announce reforms across taxation, insurance and pension sectors to boost household financial savings, reduce compliance challenges and improve social security coverage in the country, highlighted a report by State Bank of India (SB
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Paytm unveils all-new AI-powered app with cleaner design, smarter payment
Updated : 6 months, 1 week ago IST
Paytm has unveiled its redesigned app, offering a cleaner and faster payments experience powered by AI-first features. The update introduces intelligent insights and a simple interface, marking the company's bid to continue reshaping mobile payments in the country.
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India becoming one of largest economy depends on how it channelises househ
Updated : 7 months, 1 week ago IST
India's aspiration to become one of the largest and fastest-growing economies in the world depends on how effectively it channels household savings into productive assets, according to a report by Elara Securities.
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Tax relief to boost financial savings, consumption for urban Indians: Gold
Updated : 1 year, 3 months ago IST
Multinational investment banking company Goldman Sachs said that the mega tax relief provided for in Budget 2025 will help the urban consumers boost their net household financial savings, besides partly boosting their consumption.
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Cooking cost for a family on LPG comes at Rs 5 per day for Ujjwala benefic
Updated : 1 year, 8 months ago IST
Union Minister Hardeep Singh Puri highlighted the financial savings that beneficiaries of the Pradhan Mantri Ujjwala Yojana (PMUY) enjoy in their cooking expenditure.
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Transition from a nation of savers to investors marks a paradigm shift: PF
Updated : 1 year, 8 months ago IST
Deepak Mohanty, Chairperson, Pension Fund Regulatory and Development Authority (PFRDA) on Tuesday said that the share of cash and bank deposits in household financial assets is declining, while investments in bonds and equities are rising in the recent years, alongside a steady increase in f
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Recent changes in household finances in India are worrisome says Motilal O
Updated : 1 year, 9 months ago IST
On the savings front, household total savings stood at 23.3 per cent of PDI (18.4 per cent of GDP) in FY23, nearing a two-decade low. Net Financial Savings (NFS) were particularly concerning, reaching a four-decade low of 6.6 per cent of PDI. Physical savings, on the other hand, hit a decade
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UAE: 'Jaywan' poised to generate savings of up to AED1 billion
Updated : 2 years ago IST
Abdulaziz Al Ghurair, Chairman of the UAE Banks Federation (UBF), affirmed that the national domestic card scheme, Jaywan, is poised to generate substantial financial savings for numerous companies and retailers across the country, amounting to AED 1 billion compared to conventional cards su
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Low-interest rates prompted households to shift to physical assets: SBI Re
Updated : 2 years, 8 months ago IST
A low-interest rate regime in India during the pandemic resulted in a "paradigm shift" of households' savings from financial to physical assets, according to a report by SBI Research.
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Capital markets to play bigger role in funding economic growth: SEBI Chair
Updated : 4 years, 9 months ago IST
New Delhi [India], July 28 (ANI): SEBI Chairman Ajay Tyagi said on Wednesday that a large part of the non-banking financial intermediation is happening through capital markets.
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More fiscal transparency will mean better economic policy in India: IMF
Updated : 6 years, 5 months ago IST
Washington DC [USA], Dec 24 (ANI): Financing new social initiatives and development projects will benefit India's younger generations but this will require prudent use of public funds, the International Monetary Fund (IMF) has said.
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Household financial savings back to pre-demonetisation levels: Emkay
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Nov 25 (ANI): Emkay Global Financial Services said on Monday that India's savings which have been steadily falling since 2018-19, appear to be flattening out.
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