In an exclusive interview with ANI, responding to a question on how India can meet the ambitious growth targets of Viksit Bharat with a relatively modest savings rate, Nageswaran said growth depends not just on the volume of investment but also on how efficiently capital is used. He stres
New Delhi [India], November 14: India stands at a defining economic moment. As the country advances toward becoming one of the world's largest consumption-driven economies, the patterns of household spending, saving, and investing are undergoing a major structural shift. Rising incomes, rapi
Among the largest economies, India stands out with a median age of 28.8 years in 2025, the second-highest savings rate, and a government debt-to-GDP ratio projected to decline from 81.3% in 2024 to 75.8% by 2030, unlike its peers, where debt levels are rising.
India's savings rate, while not alarming, is not as strong as it should be, especially considering the country's low foreign direct investment (FDI) inflows, according to a report by Blume Research.
Plainsboro (New Jersey) [USA], June 2 (ANI/PNN): Have you been stashing your cash, lately? Well, you are not alone. The current pandemic has pushed America to save more, resulting in an unusually high personal savings rate.