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Financial priorities evolving, saving sentiment gains clout: KPMG


Financial priorities evolving, saving sentiment gains clout: KPMG
ANI |
Updated: May 25, 2021 11:52 IST
New Delhi [India], May 25 (ANI): Indian consumers are prioritising their finances amid the Covid-19 pandemic and becoming more savings oriented, according to a new report by professional services firm KPMG.
Nearly 85 per cent of respondents surveyed by KPMG said they are likely to stick to their savings plan even with a 10 per cent fall in their income.
And 70 per cent of them across all age groups said are concerned about their future finances. More than 50 per cent of those surveyed said they started investing more in saving instruments post-pandemic. ....

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Financial priorities evolving with saving sentiment gaining clout: KPMG


Financial priorities evolving with saving sentiment gaining clout: KPMG
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IANS
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New Delhi, May 24 : Financial priorities of Indians are evolving amid the pandemic with more and more Indians turning towards saving, according to a report by KPMG.
The Me, My Life, My Wallet Report 3.0 showed that about 50 per cent of the respondents have started investing more in saving instruments post pandemic.
It further revealed that 85 per cent respondents are likely to stick to their savings plan even with a 10 per cent fall in their income. Around 70 per cent respondents across all age groups are concerned about their future finances as against 49 per cent globally. ....

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Financial priorities evolving with saving sentiment gaining clout, says KPMG report


Financial priorities evolving with saving sentiment gaining clout, says KPMG report
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Last Updated: May 24, 2021, 07:07 PM IST
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The Me, My Life, My Wallet Report 3.0 showed that about 50 per cent of the respondents have started investing more in saving instruments post pandemic.
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Financial priorities of Indians are evolving amid the pandemic with more and more Indians turning towards saving, according to a report by KPMG.
The Me, My Life, My Wallet Report 3.0 showed that about 50 per cent of the respondents have started investing more in saving instruments post pandemic.
It further revealed that 85 per cent respondents are likely to stick to their savings plan even with a 10 per cent fall in their income. Around 70 per cent respondents across all age groups are concerned about their future finances as against 49 per cent globally. ....

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From brink to recovery: India's battered retail sector hopes for better 2021


New Delhi: With an epic battle of billionaires for supremacy in one of the world’s most prolific markets and a pandemic-propelled surge in online shopping in the background, India’s nearly trillion-dollar retail market is hoping to touch 85 per cent of the pre-COVID business in the first half of the new year.
In a year when the COVID-19 carnage ripped apart the retail business, circa 2020 will best go down for the unravelling of the war between Jeff Bezos, the world’s wealthiest man, and richest Indian Mukesh Ambani for pre-eminence in the booming market that is estimated to reach USD 1.3 trillion by 2025. ....

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