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Money9 Survey unveils India’s dreams persist amidst economic struggles
Mumbai: Startling revelations from the Money9 Mega Annual Personal Finance Pulse survey shed light on the financial landscape of India. More than 22 per cent of Indians have been forced to deplete their lifetime savings due to unexpected medical emergencies. Despite signs of economic recovery, a daunting 56 per cent of Indian households live in constant fear of job loss.
However amidst these challenges, India continues to dream. The survey indicates that 3 per cent of families plan to purchase a two-wheeler or car in the next six months, while over 10 per cent have their sights set on acquiring a smartphone within the same period.
This groundbreaking data comes from Money9’s annual Personal Finance Pulse survey, the most extensive and comprehensive examination of Indian households’ income, expenditures, standard of living, savings, investments, and future aspirations. Money9, India’s multi-media and multi-language Personal Finance platform, is also a super app, and it is part of the TV9 Network, India’s premier news network.
The 2023 edition of the survey has covered more than 35,000 households across 20 states, spanning 1,170 locations and 115 districts in India. It represents a diverse cross-section of age groups, income levels, and geographical locations, encompassing both urban and rural populations. Special attention has been given to urban and suburban households.
This survey was conducted in collaboration with Research Triangle Institute (RTI) International. RTI International has a proven track record of conducting research studies for various clients, including esteemed organizations such as the World Bank, International Finance Corporation, and the World Health Organization.
TV9 Network MD CEO, Barun Das said, “Amidst the financial challenges revealed by the Money9 Mega Annual Personal Finance Pulse survey, the resilient spirit of India shines through. The data puts a spotlight on both the struggles and dreams of our people. As the MD and CEO of TV9 Network, India’s No.1 News Network, I see a nation unyielding in its aspirations, adapting to change, and crafting unmeasurable layers that define the complexity and richness of India’s financial landscape.”
Money9 Editor Anshuman Tiwari said, “Navigating the intricate threads of India’s financial narrative, I find inspiration in the resilience of our people. The Money 9 Mega Annual Personal Finance Pulse survey unravels the stories of challenges and aspirations, painting a vivid picture of our economic landscape. Through these revelations, we empower individuals with knowledge, fostering a community that dreams, adapts, and charts its course towards financial well-being,”
Post Covid recovery and risks:
The survey reveals that the return of migrant labourers post-Covid has contributed to an increase in the income of India’s urban households in 2023. The average monthly income has surged by over 12 per cent to reach Rs 25,910, up from Rs 23,000 the previous year. However, a staggering 77 per cent of Indians still earn less than Rs 35,000 per month. The Money 9 personal finance survey’s financial security index categorizes 65 per cent of Indian households as financially vulnerable. Alarmingly, only 30 per cent of households reported an improvement in their financial situation in the last five years, while over 70 per cent experienced a decline or stagnation during the same period.
Big upset in state’s ranking:
In a surprising turn of events, Karnataka has surpassed Maharashtra to claim the top spot in terms of average monthly household income. Karnataka now boasts an impressive figure of Rs 35,411, dethroning Maharashtra, which held the title in the 2022 survey.
Insurance penetration grows:
Despite the changing financial landscape, the affinity of Indians for gold and traditional bank deposits remains unwavering. Approximately 77 per cent of Indians prefer to safeguard their hard-earned money through bank deposits, while 21 per cent choose to invest in gold. Encouragingly, the survey indicates a positive trend in insurance penetration, with over 27 per cent of households holding life insurance policies in 2023, up from 19 per cent in the 2022 survey. However, a concerning 53 per cent of households still lack health insurance coverage.
Stocks and Mutual Funds shine:
India’s burgeoning stock market is gradually making its way into the pockets of investors, with the percentage of stock market investors surging from a mere 3 per cent to 9 per cent compared to the previous year. Additionally, 10 per cent of Indian families have now embraced mutual fund investments, up from 6 per cent in 2022.
Not Just India, it is about your city:
Regional variations persist, with southern Indian cities such as Bengaluru (69%) and Thiruvananthapuram (66 per cent) leading in gold savings. In terms of insurance penetration, Madurai (84 per cent) claims the top spot, followed closely by Amravati (79 per cent) and Aurangabad (76 per cent).
iWorld
JioStar revenue hits Rs 9,784 crore as cricket fuels 22 per cent growth
A surge in digital viewership and sports dominance fuels a blockbuster quarter for the media giant
MUMBAI: JioStar is batting on a flat pitch. The media titan’s fourth-quarter results for the financial year 2026 reveal a business scaling new heights, propelled by an unprecedented appetite for premium sports and digital-first storytelling.
Gross revenue for the quarter soared by 22.15 per cent to Rs 9,784 crore, up from Rs 8,010 crore in the third quarter. Operationally, the momentum was equally strong; revenue from operations climbed 21 per cent to Rs 8,372 crore. These figures underscore the firm’s successful integration following the Reliance and Disney merger, creating a dominant force in the Indian market.
The annual performance has been nothing short of a spectacle. Full-year gross revenue reached a massive Rs 36,248 crore, while annual profit after tax hit Rs 3,210 crore. This rapid expansion reflects JioStar’s ability to capture and monetise the massive growth in India’s media consumption.
Cricket proved to be the ultimate growth engine. The ICC Men’s T20 World Cup 2026 and TATA IPL 2026 delivered “record-breaking viewership” across both television and digital screens. The World Cup final alone drew a global peak concurrency of 72.5 million on JioHotstar, cementing its status as the nation’s premier streaming destination. On television, JioStar maintained a commanding 34.2 per cent viewership share, reaching a staggering 810 million viewers nationwide.
The digital numbers were just as impressive. JioHotstar averaged 500 million monthly active users, driven by consistent subscriber growth and innovative AI-led content discovery tools. These advancements are ensuring that JioStar remains at the cutting edge of the global “Race for Attention.”
With a firm grip on the country’s most valuable sporting rights and a rapidly growing digital footprint, JioStar is perfectly positioned for the future. It has built the ultimate content powerhouse—one that is ready to dominate the Indian living room for years to come.
