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Family s financial future top concern for the consumers followed by protection against health emergencies - Tata AIA Life Survey

Mumbai (Maharashtra) [India], April 20 (ANI/BusinessWire India): Driven by the need to secure family s future financially and concern around medical emergencies, Life Insurance has emerged as the most preferred financial tool, reveals Tata AIA Life Insurance s Consumer Confidence Survey on the impact of COVID-19 Pandemic. The survey also found that most consumers would buy life insurance in the next six months as a part of their investment allocation. 49 per cent of respondents suggested that they intend to buy Life Insurance in the next six months to ensure the financial security, followed by health insurance at 40 per cent, Mutual Fund SIPs at 37 per cent, Bank/Company FDs at 33 per cent, Equity shares at 30 per cent and Gold/Digital Gold at 25 per cent of those surveyed.

Consumer Confidence Weakens In March 2021 Says RBI

The Reserve Bank released the results of the March 2021 round of its Consumer Confidence Survey yesterday. The survey was conducted through field interviews during February 27 to March 08, 2021 in thirteen major cities, viz., Ahmedabad; Bengaluru; Bhopal; Chennai; Delhi; Guwahati; Hyderabad; Jaipur; Kolkata; Lucknow; Mumbai; Patna; and Thiruvananthapuram. Perceptions and expectations on general economic situation, employment scenario, overall price situation and own income and spending have been obtained from 5,372 households across these cities. Consumer confidence for the current period weakened in March 2021 as the current situation index (CSI) dipped further in the negative territory on the back of deteriorating sentiments on general economic situation, income and prices. Respondents expressed lower optimism for the year ahead, which was reflected in the future expectations index (FEI); one year ahead sentiments on all major parameters except prices, however, remained in positiv

Fiscal steps taken by government led to positive growth in Q3: Nirmala Sitharaman

Fiscal steps taken by government led to positive growth in Q3: Nirmala Sitharaman Top Searches Fiscal steps taken by government led to positive growth in Q3: Nirmala Sitharaman PTI / Mar 8, 2021, 23:46 IST FacebookTwitterLinkedinEMail Finance minister Nirmala Sitharaman (File photo) NEW DELHI: Finance minister Nirmala Sitharaman on Monday said the fiscal measures taken by the government have resulted in positive growth of 0.4 per cent in the third quarter of the current financial year. The economy is estimated to contract by 8 per cent during 2020-21 due to the impact of the Covid-19 pandemic. The fiscal measures taken by government during 2020-21 have been calibrated to sustain high spending in the economy and assist in its V-shaped recovery, resulting in a positive GDP growth of 0.4 per cent in third quarter of FY 2020-21, she said in a written reply in the Lok Sabha.

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