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RBI: Post-pandemic spends dragged household savings in FY23, rate climbing up now: RBI

The household savings rate in India has hit a five-decade low in 2022-23, according to the Reserve Bank of India. Deputy Governor Michael Patra explained that the decline is due to increased spending after pandemic-related restrictions were lifted, as well as an increase in liabilities, particularly in the form of home loans. Patra noted that historically, the average household savings rate was about 7.5%, but during the pandemic, it had increased due to factors such as inability to spend and precautionary savings. ....

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india: Even China will step back seeing INDIA alliance's advance: Sanjay Raut

The INDIA alliance members are scheduled to hold a joint meeting on September 1 in Mumbai. The meeting will discuss the alliance strategies for Lok Sabha election and the seat sharing in the states. A new logo of the INDIA alliance is also likely to be launched. ....

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We are not required to tarnish Chhattisgarh Govt's image: Patra

new delhi, bjp on thursday hit back at chhattisgarh chief minister bhupesh baghel after he accused the centre of attempting to tarnish the image of his government. “we are not required to tarnish the image of chhattisgar ....

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Sasmit Raises Women's Quota Issue In Rs | Bhubaneswar News

Bhubaneswar: BJD Rajya Sabha member Sasmit Patra on Tuesday raised the issue of women’s reservation in Parliament while participating in a debate in t. ....

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BJP claim at least 45 killed in Bengal panchayat polls, terms Mamata Banerjee 'ruthless'

Violence rocked the July 8 rural polls, leaving 15 dead while ballot boxes were vandalised, ballot papers burnt and bombs thrown at rivals in several places. Repolling was held on Monday in 696 booths across 19 districts where voting was declared void amid allegations of ballot box tampering and violence. ....

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