Financial savings fueled India’s post-pandemic spending spree

Gross monetary financial savings of households accounted for 10.8% of India’s GDP in FY 2012, falling sharply from 15.9% in FY 2011, when GDP contracted, and 12% every within the final three fiscal years, RBI mentioned. Financial institution knowledge confirmed. see full picture cracks within the nest egg Low-income households are hardest hit by inflation, … Read more

How on-line used automobile market Droom’s development is zooming post-pandemic

As individuals prevented driving public transportation to scale back the danger of an infection throughout the pandemic, gross sales of private autos soared throughout the pandemic. In keeping with a Redseer evaluation, auto gross sales jumped by 140 % between April and June 2021. Droom, an ecommerce platform for getting and promoting used autos, additionally … Read more