India's Gross Domestic Savings Were 28.6% of GDP in 2024, Above the Global Average

Gross domestic savings represent the portion of a country's GDP that isn't spent on consumption and is instead available for investment. According to World Bank data, India's gross domestic savings stood at 28.6% of GDP in 2024, higher than the global average of 26.4%. The chart also compares India with other major economies.

Source

u/Clario_Says — 18 days ago
▲ 35 r/UPI

UPI now has 55.5 crore users. What's one feature you still wish it had?

UPI has crossed 55.5 crore users, with transactions worth ₹314 lakh crore in FY26. Despite its success, what feature or improvement do you think is still missing?

u/Clario_Says — 1 month ago

Government says there's no plan to remove LTCG tax on domestic equity investors. Thoughts?

The Finance Ministry has clarified that there is no proposal to remove the 12.5% LTCG tax on domestic equity investors, even after exempting certain FPIs investing in government securities. The government says the exemption is aimed at attracting stable foreign capital.

Source

u/Clario_Says — 1 month ago

India, China and Pakistan started at similar levels. Look where they are today.

India, China, and Pakistan started the 1990s with relatively similar levels of GDP per capita. Over the next three decades, however, their growth trajectories diverged significantly.

This comparison uses World Bank data to illustrate how GDP per capita (current US$) has changed between 1990 and 2025 across the three economies.

Source: World Bank

u/Clario_Says — 1 month ago

IMF projects India's GDP growth at 6.5% in both 2026 and 2027

The IMF has projected India's real GDP growth at 6.5% in both 2026 and 2027, keeping it among the fastest-growing major economies globally. While global growth is expected to remain subdued due to rising geopolitical tensions, higher commodity prices, and tighter financial conditions, India's growth outlook continues to outpace most large economies, including the US, China, and the Euro Area.

Source

u/Clario_Says — 1 month ago

Maharashtra alone accounts for 37% of India's mutual fund assets, while the top 5 states make up 71%

New AMFI data shows that mutual fund investments remain heavily concentrated in a handful of states. Maharashtra alone contributes around 37% of the industry's assets under management, while the top five states account for nearly 71%. The data also highlights differences in investment preferences across states, with equity funds dominating in most regions.

Source

u/Clario_Says — 1 month ago

RBI reiterates support for a crypto ban as tax department flags widespread tax evasion risks

Looks like the debate around crypto regulation in India is far from over. According to Reuters, internal government documents suggest the RBI still supports a stricter approach toward cryptocurrencies, while the Income Tax Department has raised concerns about tax evasion and underreporting of crypto transactions. There's no new policy yet, but it does give an idea of where the discussion inside the government currently stands.

Source

u/Clario_Says — 1 month ago

NSE reportedly to begin marketing its ~$3 billion IPO next week, targeting a September listing

According to Bloomberg, the National Stock Exchange (NSE) is expected to begin marketing its proposed IPO as early as next week through investor roadshows across the US, London, Singapore, Hong Kong, the Middle East and India. The exchange is reportedly targeting a September listing, although the issue size, valuation and timeline remain subject to change. The IPO is expected to be structured as an offer for sale (OFS), allowing existing shareholders to sell part of their stake rather than raising fresh capital for NSE.

Source

u/Clario_Says — 2 months ago
▲ 49 r/IndiaFinance+1 crossposts

India is Now the World's 8th-Largest Holder of Official Gold Reserves

According to the World Gold Council's latest data, India holds 880.5 tonnes of official gold reserves, making it the 8th-largest holder of gold among central banks worldwide.

Official gold reserves are held by central banks as part of a country's foreign exchange reserves and can play a role in reserve diversification and financial stability.

Source

u/Clario_Says — 2 months ago