The financial assets added by Indian households each year stood at 12% of India’s GDP in 2019-20, which declined to 10.8% by 2024-25. This figure has remained largely stable at this level in the post-pandemic period. | Photo Credit: Getty Images The annual financial debt accumulated by Indian households has grown faster than their annual […]
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Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The capacity utilisation of Indian factories needs to rise to 79-80% and remain at that level for at least three quarters to induce the private sector to ramp up the investment ratio in the economy, according to a new analysis. India’s capacity utilisation — […]
Continue ReadingA logo of Reserve Bank of India at the RBI headquarters in Mumbai. File | Photo Credit: The HIndu The Reserve Bank of India (RBI) publishes data on financial assets and liabilities of households across India. A disturbing trend it shows is net financial savings of households, as a percentage of GDP, is declining. Let […]
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According to RBI’s latest data, India’s foreign currency assets, the biggest component of the forex reserves, rose by USD 4.38 billion to USD 509.728 billion. File photo | Photo Credit: AFP India’s foreign exchange reserves rose sharply by USD 5.977 billion to USD 578.778 billion, hitting an over eight-month high. During the prior week that […]
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