Household

Milk and milk products account for the second-highest share of food consumption in India; Karnataka reported the fastest milk inflation in May

Household debt doubles in FY23, savings more than halves to 5.15% of GDP

According to SBI Research, a good portion of the drawdown from savings have gone to physical assets and of the Rs 8.2 lakh crore increase in household indebtedness in FY23, as much as Rs 7.1 lakh crore accounted for bank borrowings, primarily for home loans and other retail finances.

Household debt may have declined to 34% in Q1 FY22: SBI report

The COVID-19 pandemic has resulted in a spike in household debt to the GDP rate. As per the report, it rose sharply to 37.3 percent in 2020-21 from 32.5 percent in 2019-20.

Household debt soars to 37.1% of GDP, savings plunge 10.4% in Q2: RBI report

The household savings plunged as the pandemic has led to tens of millions losing jobs and almost all forced to take deep pay-cuts, forcing them to borrow more or dip into their savings to meet expenses.

Chart of the Day | Did households save more in 2019-20?

Net financial assets of households did increase. But that’s because the decline in household borrowings was sharper than that in bank deposits.

India's weak household consumption to curb economic growth: Moody's

Moody's has lowered its GDP growth projection for India for the fiscal year ending March 2020 to 4.9 percent from 5.8 percent.

95% households in India vulnerable to earthquakes

According to a report, ‘Earthquake hazard zoning maps’, by the Building Materials Technology Promotion Council (BMPTC), as many as 95% households in the country are vulnerable to earthquakes. The BMPTC is a government-sponsored body, &#82

Repair on call: My Home Maker

The startup is making life easy for urban families who need assistance in basic household repairs

Poor rains may wash way rural growth in Q2: Godrej Consumer

A Mahendran, MD, Godrej Consumer Products, says that in the FMCG space there are impulse categories and the slowdown will have a bearing in the coming second quarter due to poor monsoons.

TN performed well in many fronts in last 10 years: Census

Tamil Nadu has done well on many fronts including sanitation and communication over a period of 10 years, the Census 2011 facts reveal.