In India, salaried employees spend an average of 33 percent of their monthly income on monthly installments on loans, A study by financial technology firm Perbias in collaboration with PwC India has found. The study, conducted among over three million tech-savvy consumers, found that 39 percent of their income is spent on monthly expenses, including … Read more
What are the benefits of reduction in custom duties, For India’s own benefit, it is necessary to reduce the duty on imported goods. Reducing import duty is good for India Imposing duty on goods from other countries does not protect any country. Therefore, it is better to reduce the duty regardless of who is asking … Read more
A study has revealed that Indians pay a third of their salary as loan installments, known as EMIs. How do Indians spend their money A recent study by PwC and Perbios has revealed how Indians spend their money. The study surveyed 3 million people using financial technology services, non-bank financial institutions and other digital platforms. … Read more
The country’s export value has also declined in January for the third consecutive month. Why India’s exports are declining India’s exports fell 2.38 percent to Rs 3.17 lakh crore last month, the Union Commerce Ministry said. At the same time, imports rose 10.28 percent to Rs 5.17 lakh crore. This was mainly due to an … Read more
New Delhi: The contribution of the beer industry to the country’s GDP in 2023 was Rs 92,324 crore, a study has revealed. Beer production sector contributes Rs. 92,000 crore to the country’s GDP The beer manufacturing sector contributes Rs 92,000 crore to the country’s GDP. This is a significant contribution to the country’s economy. The … Read more
Mumbai, Feb 8: The Reserve Bank of India (RBI) has announced a much-awaited repo rate cut for the past five years. The short-term lending rate of banks has been reduced by 0.25 percent to 6.25 percent. Its results were released yesterday. What is the expectation of RBI rate cut India This means that banks are … Read more
Can I get a credit card after I retire Generally, credit cards are not issued to people over 60 years of age. However, some banks even issue them up to the age of 70. Can a retired person apply for a credit card The basis of a credit card is to assess whether the person … Read more
Internationally, can’t major commodities like crude oil be traded in US dollars? Why is trade done in US dollars It can be freely converted. It is enough to get the right answer to the question of what is the benefit of it. For many years, the dollar has been the reserve currency and trading currency … Read more
When the British ruled India, they took away assets worth 5,500 lakh crore rupees from 5,500 countries between 1765 and 1900, according to a report released by the human rights organization Oxfam International. How much did Britain take from India The annual meeting of the ‘World Economic Forum’, one of the world’s economic organizations, has … Read more
New Delhi,India’s fiscal deficit is expected to continue to decline in the coming years on the back of strong tax revenues, and India is expected to continue to be the fastest growing major economy with an economic growth rate of 6.70 per cent in the next two fiscal years, What happens if the fiscal deficit … Read more