Household savings now at lowest in decades: RBI

Mumbai: Indian household savings reached decadal lows with surging inflation forcing people to dip into their…

Decline in income of six out of 10 families in FY 2022-23: Survey

New Delhi: Low income amid high household expenses during the pandemic affected a large number of…

Upper middle class being squeezed

Mark Yu had a profitable pandemic. Like many Americans, he added to his savings and made…

Rising cost reduces household budget, some relief for the poor

High inflation due to supply-side pressures was one of the biggest pain points of 2021 across…

China’s love for luxury may be reestablished by their shared prosperity

General Prosperity, President Xi Jinping’s policy directive, will not remove luxury goods from Chinese malls. But…

Estimating household income for microfinance clients

The microfinance movement in India is set to get another dose with the Reserve Bank of…