Center class smarter now, diversifying portfolio, says Finance Minister

Hinting at a shift within the funding behaviour of the middle-class in India, Finance Minister Nirmala Sitharaman on Thursday stated people belonging to this part have diversified their portfolio in a sensible means, with particular person buyers searching for higher returns than what the normal avenues had been providing. She additionally reiterated that any determination … Read more

From lower than 2% in FY14, abroad journey now accounts for half of outward remittances: Financial institution of Baroda report

Abroad journey accounted for over half of outward remittances in FY2024, a pointy enhance in a decade fuelled by rise in disposable revenue and aspirational center class, Financial institution of Baroda mentioned in its newest analysis. The journey section accounted for a miniscule 1.5 per cent of $ 1.1 billion outflow in FY2014 and its … Read more

Price range 2024: Reasonably priced housing, center class houses, infra spend to spice up actual property sector

The announcement made by the Finance Minister within the interim finance funds to launch a housing scheme for center class folks residing in rented houses or in unorganised tenements in addition to thrust on infrastructure and railway initiatives is predicted to offer an impetus to the true property sector , based on actual property builders.  … Read more