A 2024 government survey reveals increased employment participation among 15-59 year-olds, with 75% of males and 25% of females engaged in work. Female involvement in unpaid domestic services decreased, while caregiving responsibilities remained predominantly female. The survey, covering over 1.39 lakh households, highlights shifts in time allocation among various activities.
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,