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Life insurance to remain important than other investments: Survey
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The survey reached out to 1,369 respondents across nine centres in the age group 25-55
Unlike the pre-covid-19 times, people are more inclined to buy a term plan than a unit-linked insurance plan or a traditional policy
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The momentum of buying life insurance may have slowed down compared to the initial days of the covid-19 pandemic. However, it remains the top priority of those who have not purchased it yet or don t have adequate cover, according to a survey.
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Consumer confidence 3D gear graphic reporting the Conference Board Consumer Confidence Index.
The Conference Board Consumer Confidence Index (CCI) rose modestly in February after months of a post-election decline driven by a more negative view of the future. The Index now stands at 91.3 (1985=100), an increase from a slightly upwardly revised 88.9 reading for January.
The Present Situation Index based on consumers’ assessment of current business and labor market conditions rose from 85.5 to 92.0. The percentage saying conditions are “good” rose from 15.8% to 16.5%, while the proportion claiming business conditions are “bad” fell from 42.4% to 39.9%.
But the Expectations Index based on consumers’ short-term outlook for income, business, and labor market conditions fell again, from 91.2 last month to 90.8 in February. The percentage expecting conditions to improve over the next six months fell from 34.1% to 31.0%, while those expecting to worsen also declined, fr
After two consecutive quarters of contraction, India s GDP is set to revert to the growth territory in the October-December 2020 period compared to the year-ago period, according to a report. Private consumption and government spending will help the economy post a turnaround during the December quarter and the GDP will grow 0.7 per cent, Icra Ratings said in a report on Tuesday. The economy contracted almost by a fourth in the June quarter and by 7.5 per cent in the September quarter in the current fiscal. Even as a recovery is underway, official estimates peg the FY21 contraction at 7.7 per cent. It can be noted that the economic growth has been on a downward spiral for over three years till it went into a contraction mode.
GDP to be in growth territory in December qtr, says report
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Last Updated: Feb 16, 2021, 06:01 PM IST
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The economy contracted almost by a fourth in the June quarter and by 7.5 per cent in the September quarter in the current fiscal. Even as a recovery is underway, official estimates peg the FY21 contraction at 7.7 per cent.
It can be noted that the economic growth has been on a downward spiral for over three years till it went into a contraction mode.
Mumbai: After two consecutive quarters of contraction, India s Gross domestic product (GDP) is set to revert to the growth territory in the October-December 2020 period compared to the year-ago period, according to a report. Private consumption and government spending will help the economy post a turnaround during the December quarter and the GDP will grow 0.7 per cent, Icra Ratings said in a report on Tuesday.