Household finances in distress — worsening
After household (net) financial savings dipped to 47-year low of 5.3% of GDP in FY23, household debt has risen sharply to 40% of GDP in Q3 of FY24
household income
April 2024
December 2023
January 2023
December 2022
Expenditure on education, nutrition is a great investment: Rajan
Rajan says allocating benefits for the poorest households is not a bad investment
Budget 2023: Is India ready to face global recession?
Distress signals: In FY23, average income and consumption may not breach FY20 level, fiscal spending is lower than FY21 and FY22 and trade deficit zooms to 6% of GDP by December 2022
'General concern across industry is consumers being squeezed': The Body Shop CEO
In the backdrop of Russia-Ukraine war as well as higher inflation and energy costs, there is a general concern across the industry that the consumer is being squeezed, says David Boynton
