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The stand-out trend in mutual funds in the last couple of months has been the return of active equity funds

With the economic landscape constantly evolving, the insights from the Economic Survey will be closely watched for their implications on India’s fiscal and economic policies.

Nearly half (48%) of Indian households reported a decline in earnings and savings compared to the previous year. Inflation (5.08% in June 2024) is a major contributor to financial stress, straining household budgets on essentials like food, rent, education, and transportation.

Of the 13 sectors, auto, pharma, and healthcare were the top gainers. In the auto index, M&M, Tata Motors, and Maruti Suzuki were the major contributors.

Under a strategic partnership, Indian Oil and Panasonic Energy of Japan will investigate the possibility of producing lithium-ion battery cells in India.

The sister company of JSW Infra, JSW Energy, is likewise looking at acquisitions in the green energy space.

According to Ayukawa, Suzuki hopes to release its first EV in India and Europe next year after showcasing its mass production model.

The Economic Survey’s focus on these six key areas reflects a comprehensive approach to achieving sustained economic growth during the Amrit Kaal.

The anticipated budget will likely address these concerns through targeted reforms and incentives aimed at sustaining economic momentum and improving the business environment.

Within deposits, HDFC Bank's current account savings account (CASA) deposits increased by 6.2% year on year in April-June.