Investors can look at parking the majority of their corpus in short-term bond funds, which will insulate them from the low-interest rate concerns
The current interest rate offered on PPFs is 7.1% per annum. This allows massive tax benefits under Section 80C of the I-T Act
Even though you may have a retirement corpus in place, the question to ask is whether the amount that you have in hand will match your needs?
Interest rates on small savings: The interest rate on the five-year senior citizens' savings scheme would be retained at 7.4%.
Senior citizens can time and align their FDs with the varying tenures offered by the bank and encash them accordingly
Following the outbreak of the Covid-19 pandemic last year, the yields at the long end were mostly anchored in the band of 5.90% - 6.25%
Buying a house is one of the biggest financial decisions and one should not rush through the decision-making process
The fears of firming inflation may also refrain the MPC from tinkering with the interest rate in its bi-monthly monetary policy outcome to be announce
Under the ECLGS 4.0, 100% guarantee cover will be given to loans up to Rs 2 crore to hospitals, nursing homes, clinics, medical colleges for setting u
Senior citizens can time and align their FDs with the varying tenures offered by the bank and encash them accordingly