The government’s Household Consumption Expenditure Survey (HCES) collected data on items like Playstations, AirPods, and power banks. It also included information on the quantity, value, acquisition, repair, and maintenance of these items. The survey provided insights into changing entertainment patterns and tracked monthly expenditures on sanitisers.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,