NATIONAL HOUSEHOLD TRAVEL SURVEY NHTS
Inequality angst can derail growth
Despite India's low Gini index suggesting income equality, wealth concentration remains high compared to Asian standards. While tax revenues have increased, a small percentage of the population contributes the most. India's economic growth, though steady, lags behind other Asian economies, and the IT sector's growth is slowing, necessitating the identification of new growth engines to achieve upper-middle-income status.
New York and other American cities need immigrants
Recent remarks by anti-immigration figures criticizing New York City's high foreign-born population are historically inaccurate, as the city's immigrant share was even higher in the past. The article argues that immigration has historically correlated with urban prosperity, contrasting it with the struggles of cities with declining immigrant populations.
A busy doctor finds a trick to spot his luggage instantly at airport. Netizens impressed
Desi travelers are favoring vibrant ribbons over high-tech trackers to identify their luggage, a tradition highlighted in a viral video by Dr. Faraz Ali. This low-cost, zero-tech method, often involving repurposed fabrics, offers visibility and a sense of cultural connection. The practice resonates widely, with users sharing relatable experiences and noting similar traditions in African and West Indian communities.
Lalu Prasad Yadav re-elected RJD president at 78, says survey underway for identifying candidates for Bihar polls
Lalu Prasad Yadav was re-elected as the national president of the RJD. He addressed the party's national council on its 28th anniversary. Lalu announced a survey to identify suitable candidates for the upcoming Bihar assembly elections. He expressed confidence in his son, Tejashwi Yadav, and urged party members to support him.
Nearly half of MSMEs polled prefer UPI for business transactions, says report
According to the MSME Digital Index Report by PayNearby, digital payments continue to gain strong acceptance among MSMEs, with UPI emerging as the most preferred mode of transaction at 48%, followed by Aadhaar-enabled banking at 39%.
Trump’s new entry rules backfire: European tourists ditch the US for Canada — Ontario booms
Ontario is becoming a popular destination for European tourists. Many are choosing Canada over the United States due to political tensions and stricter entry rules in the US. Canada's welcoming image and upcoming events like the 2026 FIFA World Cup in Toronto are major attractions.
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Amazon Prime Day Sale 2025 - Everything you need to know before the Sale starts
Amazon Prime Sale 2025 is gearing up to be one of the biggest online shopping events of the year, with blockbuster deals on electronics, fashion, appliances and more. Exclusively for Prime members, this mega sale promises early access discounts, limited-time lightning deals and unbeatable prices across top brands. Here's everything you need to know before it begins.
Inspired by Greta Thunberg, Sweden invented flight shaming, now it’s desperately begging airlines to come back
Sweden flight shaming is now facing a major reversal as the country scraps its controversial air tax to boost its struggling economy. Once known for leading the flight shame movement, inspired by climate activist Greta Thunberg, Sweden has now removed the air passenger tax ranging from £5.50 to £37.40. Introduced in 2018, the tax hurt regional airports and cut flight traffic by a third. But after a recession and rising pressure on connectivity, the government is welcoming airlines back. This shift highlights the growing clash between climate goals and economic needs. Here's what this dramatic U-turn means for Sweden and Europe.
Bihar's Special Intensive Revision: 87 pc voters get forms; 38 lakh received back
The Election Commission of India reports that nearly 87% of Bihar's 7.96 crore voters have received semi-filled enumeration forms for the Special Intensive Revision of electoral rolls. Distributed during the first BLO visit to 1.5 crore households, nearly 38 lakh forms have already been collected. The EC emphasizes 'Inclusion First,' with 1.
Britain’s Royal Train nears its final stop after 180 years of service on tracks
After 180 years of service, the British Royal Train will be retired by March 2027 to ensure cost-effectiveness. King Charles III will oversee its final phase, marking the end of a tradition that began with Queen Victoria in 1842.
Severe storms cause travel chaos for millions this Fourth of July weekend
Travelers face challenges this Fourth of July. Severe storms disrupt travel plans in the Northeast. Many flights get cancelled or delayed. Experts advise travelers to check flight status and be flexible. They also suggest preparing for long waits at airports. After the storms, the Northeast will have good weather on July 4th. Florida and the Carolinas may see rain.
Big changes ahead! How Trump’s Big Beautiful Bill could impact your Income Tax and wallet
Trump’s Big Beautiful Bill 2025 brings major changes to how Americans will pay taxes starting in 2026. President Donald Trump’s new “big, beautiful bill” includes permanent tax cuts for the wealthy, temporary deductions for the middle class, and small breaks for low-income earners, while also cutting federal programs like Medicaid and food stamps. The bill introduces new deductions for seniors, tips, and overtime—but many expire in just a few years. While most families will see a tax cut, higher earners benefit the most. The law is expected to add trillions to the national debt, raising big concerns for future generations.
Zohran Mamdani won because too many elites lost
Zohran Mamdani's mayoral primary win in New York City highlights economic frustrations among younger, well-educated, and relatively affluent Brooklyn residents. These aspiring elites, often in culturally prestigious but lower-paying jobs, feel entitled to a higher standard of living. This fuels support for populist policies like rent control, despite potential negative consequences for affordability across the board.
Boomerang kids in 2025: how adult children are impacting parental finances
As boomerang kids return home in increasing numbers due to economic and social factors, American parents are facing new financial pressures. From rising living costs to delayed retirement planning, families must adopt clear financial strategies to support adult children without compromising long-term financial security and independence
Airport customer satisfaction survey out; top three spots go to Bhopal, Khajuraho and Udaipur
Bhopal and Khajuraho airports in Madhya Pradesh, along with Udaipur, have been recognized as the best in India for customer satisfaction, achieving a perfect score in a recent AAI survey. Khajuraho Airport's Director, Santosh Singh, attributed this success to the team's dedication and commitment to providing excellent passenger facilities. Rupasi Airport in Assam ranked lowest in the survey.
US trade deficit widens in May on weak exports
America's trade deficit saw a big jump in May. Export numbers went down, impacting the overall trade scenario. However, a decrease in imports hints at a possible economic growth in the second quarter. The trade gap increased to $71.5 billion. Earlier estimates for April were revised. Economists had predicted a similar rise.
Indians eating more protein than ever, but the real shocker is the spike in fat consumption
A recent report reveals that Indians are consuming more protein, particularly from eggs, meat, and fish. However, fat intake is increasing at an even faster rate, raising concerns about potential long-term health consequences. While cereal consumption as a protein source has decreased, overall dietary habits are shifting towards higher fat consumption in both rural and urban areas.
State-level inflation data for items likely in new CPI series
Statistics ministry plans to release state-level inflation data for individual items in the new Consumer Price Index (CPI) series, offering insights into price trends across states. This initiative, recommended by experts and the RBI, aims to enhance data transparency by disseminating granular level data.
UAE residents plan to save big for summer season travel as tensions in the region continue
As summer arrives in the UAE, Emiratis prioritise travel, with many planning to save a big amount, according to the Allianz Partners Travel Index. Despite Middle East tensions impacting global travel, outbound travel from the UAE remains strong, driven by leisure, family visits, and business. Travellers are increasingly opting for travel insurance for flight delays and health issues.
India’s rising middle class joins the $15 trillion global travel opportunity
A new report by Boston Consulting Group reveals that global leisure travel spending is projected to triple by 2040, driven by emerging markets like China and India. The rise of the middle class and younger, digitally engaged travelers are key factors. While traditional destinations remain popular, curated experiences and food tourism are gaining traction, despite potential economic and geopolitical risks.
US manufacturing mired in weakness as tariffs bite
U.S. manufacturing activity remained sluggish in June, with the PMI below 50 for the fourth consecutive month, signaling contraction. New orders remained subdued, and prices paid for inputs crept higher, suggesting that tariffs continued to hamper businesses. The survey indicated ongoing delays in clearing goods through ports, and manufacturers faced weak demand and further employment decline.
'Silent crisis brewing': This wealth advisor has a big warning for the great Indian middle class
A wealth advisor warns that India's middle class faces a looming retirement crisis as rising expenses and lack of structured planning leave many unprepared. With over 80% at risk of outliving their savings, disciplined investment, like the '15% Rule,' is crucial. Without it, a comfortable retirement may be unattainable due to inflation and healthcare costs.
China's June manufacturing activity shrinks for third month
China's manufacturing sector faces challenges. Activity contracted for the third consecutive month in June. Factory managers struggle with weak domestic demand and sluggish overseas sales. A property crisis and deflationary pressures weigh on household spending. The government aims to shift to a consumer-driven economy. However, economists caution that this transition may take time. Trade tensions with the U.S.
First phase of the Census with Houselisting operations to begin from April 1, 2026
India is gearing up for the 2026 Census. The initial phase, focusing on houselisting, starts on April 1, 2026. Mrityunjay Kumar Narayan, Registrar General of India, has informed state officials. The Census will gather data on housing conditions and household assets. A later phase in February 2027 will enumerate the population. Caste enumeration will also be conducted.
Canadians want to buy local this Canada Day, but rising prices are holding them back
As Canada Day nears, citizens aim to buy local. A survey reveals most Canadians are ready to pay more for local food. Trade tensions with the US boost this trend. But, rising food costs worry many. People are cutting back on spending. They want transparency about product origins. Retailers are labeling Canadian goods. Domestic tourism is also rising.
US weekly jobless claims fall but unemployment rolls swelling
New jobless claims fell to 236,000 last week, yet economists anticipate a potential rise in the unemployment rate for June. Continuing claims reached their highest since November 2021, signaling hiring challenges. Layoffs have increased, influenced by factors like tariffs and summer school breaks, contributing to economic uncertainty and a cautious Federal Reserve.
MoSPI gets real with artificial intelligence: Surveys to use chatbots
The Statistics Ministry is adding Artificial Intelligence to its work. AI chatbots will be used in important surveys. This will give policymakers correct and current data. The Capex survey now has an AI chatbot. New surveys are coming, and old ones are being updated. A household income survey will start in February 2026.
Household income survey set for February launch
India plans to conduct a Household Income Survey in February 2026. The Ministry of Statistics and Programme Implementation will oversee it. The survey aims to estimate average rural and urban household income. It will also study technology's impact on wages. A Technical Expert Group, led by Dr. Surjit S Bhalla, will guide the survey.
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