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2 mins read
Household savings are choosing mutual funds over banks to invest savings: RBI Governor
The households are choosing the capital markets over the banks to park or invest their savings, hig…
ANI
2 mins read
India to remain fastest growing major economy in 2024-25, says CEA Nageswaran
India is poised to remain the fastest-growing major economy in 2024-25, Chief Economic Adviser V An…
ANI
2 mins read
Seven years of GST has lowered taxes and improved lives of 140 crore Indians: PM
The PM also highlighted that after the implementation of GST, the savings of the poor and the commo…
ANI
1 min read
Household savings dip over Rs 9 lakh cr in 3 years to Rs 14.16 lakh cr in 2022-23
The net household savings declined to Rs 17.12 lakh crore in 2021-22 and dipped further to a fi…
PTI
1 min read
The average household would need to save for 36 years to afford a typical home in LA. Here's how 50 US markets compare.
Zillow found the typical Pittsburgh home only costs about $217,000, meaning a median-income househo…
Theron Mohamed
3 mins read
I'm 31 and I live with my parents and grandmother. I'm not ashamed of it, and I love my multigenerational household.
I'm 31 and live with my parents and grandmother. It wasn't always my plan to move back home, but I …
Ces Heredia
2 mins read
Rising household debt and shrinking incomes are setting the stage for a recession, top economist says
The US economy has two imbalances that could tip it into a downturn, according to economist David R…
Jennifer Sor
3 mins read
Incomes are either rising too slowly or falling at the lower end of the bracket
India’s gross domestic product (GDP) has been growing at a much faster clip than expected — most go…
6 mins read
Budget A-Z, for the GenZ: A fun and handy guide for major terms around upcoming Union Budget
From fiscal deficit to GDP, understand key terms to navigate the financial landscape and make the m…
1 min read
Bank deposits losing attractiveness as govt savings schemes see strong growth
Global brokerage Goldman Sachs has flagged multiple headwinds to deposit growth in Indian banks as …
2 mins read
Household debt in India does not pose systemic concern: RBI
Despite the recent increase in financial liabilities, household debt in India is much lower than in…
3 mins read
Time to push divestment of state-owned banks, says SBI report
With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…
PTI
3 mins read
Meet a boomer with no retirement savings — and no regrets
Nancy has lived her life by her values. But she's a little worried about what will happen when she …
Juliana Kaplan
5 mins read
A new rule makes buying a home more complicated — but it could also save you a lot of money
A buyer-representation contract used to be optional, but new rules change that in almost all cases.
Dan DeFrancesco
3 mins read
India poised to become world's third largest consumer market by 2026 outpacing Germany, Japan
According to recent data, India is expected to outpace Germany by 2024 and Japan by 2026, solidifyi…
ANI
4 mins read
My roommates and I share groceries. We all bulk shop for our apartment and save $300 a month.
We are all creatives so can be short on money sometimes. We share groceries and use the barter syst…
Cailey Griffin
2 mins read
The US economy is in a 'selective recession' as lower-income consumers struggle and high-income households see huge wealth creation, JPMorgan strategist says
The top 10% of Americans have gained a whopping $30.5 trillion in wealth since 2020, according to F…
Jennifer Sor
2 mins read
The economy has run out of dry powder as inflation has slashed excess household savings, investment firm says
For most Americans, inflation has eaten away at excess savings from the pandemic. That spells troub…
Jennifer Sor
3 mins read
Millennial and Gen Z retirements might actually be OK while boomers and Gen X could struggle. It's due to how savings have changed over time.
A Morningstar report found that boomers and Gen Xers are likelier to face shortfalls in retirement,…
Ayelet Sheffey,Madison Hoff
4 mins read
You're probably missing out on this international travel hack that saves time at the airport and costs nothing
Mobile Passport Control is a free alternative to Global Entry that allows passengers to skip custom…