Rising use of credit cards

15 Jun 2024 03:55 AM IST

Food, beverage, and tobacco spending is within 10-15%, and spending on health and wellness is between 5-10%. The Reserve Bank of India in its release for February 2024, reveals a notable growth in credit card transactions along with a 34% higher year-on-year figure in volume and a 25% rise in

Real estate – a hedge against inflation

14 Jun 2024 01:53 AM IST

Steady population growth coupled with urbanization consistently fuels housing demand. As more people migrate to cities for better opportunities, rising residential demand exerts upward pressure on prices. Moreover, real estate investments can generate rental income, which potentially grows over time in response to inflation. As the cost of living rises,

Let us end child labour!

13 Jun 2024 02:23 AM IST

This year’s World Day will focus on celebrating the 25th anniversary of the adoption of the Worst Forms of Child Labour Convention (1999, No. 182). It also presents an opportunity to remind all stakeholders to improve their implementation of the two fundamental Conventions on child labour – Convention No. 182 and Convention

Women On Their Priorities And Building The Future They Want

12 Jun 2024 01:10 AM IST

The ‘We the Women’ survey reveals that despite facing a global backlash against women’s rights, 85 per cent of the 25 000 women surveyed across 185 countries express willingness to contribute to advancing their rights. An overwhelming majority — 60 per cent — of women believe that women’s representation in

Consumers see prices moving up over one year

08 Jun 2024 04:01 AM IST

The Reserve Bank released the results of May 2024 round of its bi-monthly inflation expectations survey of households (IESH)1 2. The survey was conducted during May 2-11, 2024 in 19 major cities, with responses from 5,943 urban households. Female respondents accounted for 52.6 per cent of this sample. Findings: l

RBI survey: Consumers expect rise in spending over one year

08 Jun 2024 03:58 AM IST

The Reserve Bank has released the results of May 2024 round of its bi-monthly consumer confidence survey (CCS). The survey collects current perceptions (vis-à-vis a year ago) and one year ahead expectations of households on general economic situation, employment scenario, overall price situation, own income and spending across 19 major

A close look at the 11th Sikkim Legislative Assembly

06 Jun 2024 01:33 AM IST

• The Sikkim Krantikari Morcha (SKM) won 31 of the 32 seats. Previously in 2004, Sikkim Democratic Front (SDF) had won all seats barring one, and in 2009, SDF had won all 32 seats in the Assembly. • In 2024, four women have been elected to the Assembly,onemore thanin2019. • The average age

Climate shocks impart uncertainty to food inflation: RBI

03 Jun 2024 02:54 AM IST

The increasing incidence of climate shocks imparts considerable uncertainty to the food inflation and overall inflation outlook. Low reservoir levels, especially in the southern states and the outlook of above normal temperatures during the initial months of 2024-25 need close monitoring. The volatility in international crude oil prices, the persisting

Tobacco kills

03 Jun 2024 02:49 AM IST

World No Tobacco Day 2024 was observed on May 31 . The habit of smoking is highly prevalent in many countries. Latest data from a Statista Consumer Insights survey, says roughly 36 % of urban Indian respondents said they smoke cigarettes at least occasionally.

Temp hits new highs, yet world fails to cut emissions

01 Jun 2024 03:32 AM IST

Most emissions come from just a few countries The top five emitters (China, the United States of America, India, the European Union, the Russian Federation) accounted for about 60 per cent of greenhouse gas emissions in 2021. The Group of 20 (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia,

MMR home to 154 skyscrapers, 207 under construction

31 May 2024 02:07 AM IST

Mumbai Metropolitan Region (MMR) currently has 154 high-rise towers of more than 40 floors each and over 200 skyscrapers are expected to come up in the city till 2030, according to Anarock. Real estate consultant Anarock Chairman Anuj Puri said between 2019 and 2023, 154 high-rises with over 40 floors

Leasing sector to play a key role for MSMes: report

30 May 2024 03:09 AM IST

A transformative era is on the horizon for India’s leasing sec tor, according to the latest report by FICCI and PwC titled, ‘Unveiling Opportunities: Exploring India’s Leasing Landscape’. The report underscores leasing as a pivotal mechanism for fostering growth across both private and public sectors, with implications for financial inclusion,