With inflation continuing to hurt daily budgets, Indian households are finding it difficult to save money. Indian households saved a smaller portion of their income in 2022-23 compared to previous year and net financial savings have dropped to a five-year low. The Reserve Bank of India has noted tha...
The emergence of plantations in India was a part of the commercialisation strategy adopted by the British planters. Geographical spread and development of plantations in the world was in tune with the expansion of colonialism and imperialism. The growth and spread of plantation in India is no way di...
As India enters the new fiscal year, the agricultural landscape remains at the forefront of economic concerns. Last year witnessed significant restrictions on the import and export of various agricultural commodities as the nation struggled with rising food inflation following fear of a fall in farm...
“The Indian economy has witnessed profound positive transformation in the last ten years. The people of India are looking ahead to the future with hope and optimism” was how FM Sitharaman opened her interim Budget speech for 2024-25.The UN World Economic Situation and Prospects (WESP) 2024 repor...
As India enters into 2024, the automotive sector stands ready to script a remarkable growth narrative. Backed by a buoyant demand in the passenger vehicle segment despite continuing rises in commodity prices, automobile makers are optimistic to embrace new technologies, especially in the electric mo...
“The secret of getting ahead is getting started. The secret of getting started is breaking your complex overwhelming tasks into smaller manageable tasks, and then starting on the first one.” observed Mark Twain, the American humorist and author. Mark Twain's words seem to have shaped the mindset...
“Owning a home is a keystone of wealth --- both financial affluence and emotional security’ said Suze Oman, an American financial advisor and author. Suze seems to have portrayed the Indian sentiments to perfection. Owning a home for an average Indian is as much a step for wealth building as the...
The festival season is here. India celebrates its two biggest festivals, Durga puja and Diwali, during October-November. While for the larger part of the country, festival spirits are flagrant around the Diwali, in Bengal, it starts with the Durga puja. With the Durga puja having been inscribed on t...
India’s gross domestic product (GDP) rose by a four-quarter high of 7.8% during April-June quarter of the current fiscal against a comparatively lower growth forecast of many international agencies. The higher growth is largely attributed to the sharp increase in capital expenditure by the central...
"Travel makes one modest. You see what a tiny place you occupy in the world.” Is how Gustave Flaubert, the nineteenth century French novelist and the exponent of literary realism, looked at travelling.Flaubert’s concept of travelling was based on nineteenth century realism of a modern society bu...
