India's Middle Class Debt Trap: Savings at 48-Year Low
India's net household savings plunge to a 48-year low as post-pandemic borrowing for consumption surges. The middle class is trapped in high-cost debt. Read the full analysis.
India's net household savings plunge to a 48-year low as post-pandemic borrowing for consumption surges. The middle class is trapped in high-cost debt. Read the full analysis.
Odisha government issues notifications for major urban expansion, upgrading 5 NACs to municipalities and creating 24 new NACs across 13 districts to boost governance and civic amenities.
Greater Hyderabad saved 238 million electricity units and Rs 193 crore in one year, cutting 0.19 million tonnes of CO2. Discover the initiatives behind this green success story.
Notre Dame professor Ettore Maria Mazzola emphasized balancing urban regeneration with cultural identity at an IIA Bihar lecture. Learn how Indian cities can grow without losing their soul.
A Morgan Stanley report reveals Indian households hold a staggering 35,000 tonnes of gold, worth $5 trillion. This massive informal savings pool surpasses even the Titanic's capacity. Discover the scale and impact.
A 25-year-old food delivery rider in China saved 1.12 million yuan (₹1.3 crore) in five years through extreme discipline. Read his inspiring story of debt repayment and future business plans.
Notre Dame professor Ettore Maria Mazzola emphasizes urban conservation to maintain regional identity during regeneration. Learn how Indian cities can balance development with heritage.
Analysis reveals how India's development path diverged from China's, with male-dominated migration hindering the creation of a stable, urban middle class. Explore the key factors.
Zhang Xueqiang, a 25-year-old food delivery worker in China, saved 1.12 million yuan (₹1.3 crore) in five years by working gruelling 13-hour shifts, seven days a week. Discover his incredible journey from debt to financial freedom.
Indian households shifted ₹4.5 lakh crore to equities via mutual funds in 2025, as retail investors grew from 3 crore to 12 crore since 2019. Read how domestic flows are stabilizing markets.
SEBI slashes mutual fund expense ratios and brokerage costs, promising lower fees for investors. New regulations aim for greater transparency and simpler compliance after 30 years.
US Treasury reveals 'Trump Accounts', a pro-family scheme giving $1000 to every American child born 2025-2028. Plan aims to build long-term wealth. Details inside.
The central government has weeded out over 2.12 crore ineligible beneficiaries from the PDS, preventing a leak of ₹17,000 crore in food subsidies. Discover how tech-driven reforms are cleaning up India's food security system.
Union Minister Nitin Gadkari announces nationwide satellite-based toll collection by end-2026, aiming to save Rs 1,500 crore in fuel and boost revenue by Rs 6,000 crore. Read more.
Sukanya Samriddhi Yojana offers 8.2% tax-free interest for a girl's future. But is it the best option? We compare SSY with PPF, mutual funds, and more for long-term goals like education and marriage.
IDFC FIRST Bank unveils 'IDFC FIRST Global Savings' for NRIs in GIFT City, offering high-interest rates in USD, EUR, and GBP. A strategic move to attract NRI deposits with competitive returns.
Learn the simple steps to find and consolidate your dormant Employee Provident Fund accounts using the UAN portal. Secure your retirement savings today!
GCC plans biogas plants in Chennai schools with centralized kitchens. Initiative follows successful pilots saving LPG cylinders & converting waste to energy. Learn how students benefit.
RBI mandates banks to offer ATM cards, cheque books & unlimited deposits in BSBD accounts. Existing customers can now switch. Discover the new banking freedom.
Bengaluru's Greater Bengaluru Authority will appoint urban designers and planners for the first time to transform city infrastructure. Applications open until Dec 15.
A 50-hectare urban forest, Nagar Van Merakum Tzuin, launched in Mokokchung village. The project aims to boost biodiversity conservation and environmental education in Nagaland's urban landscape. Read more.
The Centre's NAKSHA programme uses drone surveys to create digital urban land records, aiming to curb illegal construction and simplify property deals for 600 million future city dwellers. Read how it works.
US President Trump launches new child wealth-building accounts with a $1,000 govt seed. Dell's $6.25B donation expands reach. Learn eligibility, key dates, and growth potential.
A 40-year-old bank clerk in Berhampur has been arrested for allegedly misappropriating over ₹6.28 lakh from 26 savings accounts. The fraud was uncovered after customers complained. Read the full details of the case and ongoing police investigation.
The new Trump Accounts initiative aims to build long-term wealth for American children. Learn about eligibility, contributions, and projected million-dollar balances.
The Nagari – Future Cities Conclave in Delhi brought together policymakers & experts to discuss resilient, sustainable, and people-focused urban transformation for India. Explore the key insights.
Sebi's new rule allows easy gifting of mutual fund units, enabling massive tax savings for families. Learn how to transfer units without triggering capital gains tax.
70% of Indians prioritize saving over spending despite economic growth. Discover how financial anxiety and inflation are reshaping consumer behavior and what this means for India's economy.
IIT Delhi develops AI-powered energy management that automatically adjusts appliances using weather, occupancy data & real-time pricing. Save money while supporting India's green grid.
Taxpayers under new regime lose Section 80C deductions for PPF, NSC, SCSS & KVP. Compare interest rates, tax benefits with FDs for informed investment decisions.