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
Pune (Maharashtra) [India], August 20: Savings+ is a new and innovative facility provided by Bajaj Finserv Asset Management Ltd that helps investors make their idle money work for them. It helps you seamlessly invest surplus funds from your account into the Bajaj Finserv Liquid Fund or Ba
On the concern over the recent decline in bank deposits, the State Bank of India (SBI) in its latest report asked for tax reforms. The report says tax Reforms for Deposits can accentuate the banking system's stability and resilience to next level.
New Delhi [India], August 19: The recent tragic incident in Kolkata involving a young female doctor has shocked the nation and the entire healthcare community. Paras Health strongly condemns this heinous act and stands in solidarity with the victim's family and colleagues. This incident i
Mumbai (Maharashtra) [India], August 17: Fixed Deposits (FDs) have long been a preferred investment option among Indian investors, providing a straightforward way to grow wealth with predictable returns. Shriram Finance, a trusted name in the NBFC space, offers investors an opportunity to
Mumbai (Maharashtra) [India], August 17: SBI Life Insurance, one of India's most trusted life insurance companies, steps up to partner with the Paralympic Committee of India (PCI) as a Gold Sponsor for the Paris 2024 Paralympic Games starting on 28th August 2024 in Paris. This alliance ai
Emphasising the significance of the Fintech ecosystem, Chief Economic Advisor V Anantha Nageswaran on Thursday stated that the swift development of Fintech solutions will significantly transform income, savings, and wealth creation in India, ultimately contributing to social stability
Taking to its official handle on X, the Information Public Relations (IPRD), Kerala government posted, "A 13-year-old girl child from Tamil Nadu, Harini Sri, performed Bharatanatyam for 3 hours straight to raise funds for the Wayanad landslide to #standwithwayanad. She donated Rs15,000, incl
New Delhi [India], August 8: In a groundbreaking move set to revolutionize the food industry, Biryanipalayam, a renowned multi-cuisine restaurant chain from Erode, Tamil Nadu, has introduced MyFoodMyPrice, an innovative app poised to redefine how customers order and enjoy their meals. This a
New Delhi [India], August 6: Have you heard about the life-saving potential and miraculous benefits of stem cells for your entire family's health? No? Well, stem cells are the primary and master cells responsible for the body's repair system. They can differentiate into a vast array of disti
Pune (Maharashtra) [India], August 6: Bajaj Markets, an online financial marketplace, offers a practical solution for parents planning their children's further education. It has partnered with leading issuers to provide Fixed Deposits (FDs) offering interest rates of up to 9.40% p.a. This sa
New Delhi [India] August 3: Retirement should be a time of relaxation and enjoyment after years of hard work. However, without proper financial planning, it can become a period of financial stress. The key to a restful retirement lies in setting up a reliable income source. Annuity plans can