Investment in long term instruments often gives a person hefty return since the power of compounding is immense. Generally, investment above five year
Following Indian Bank, another public sector lender has revised interest rates on fixed deposits. Central Bank of India has hiked the rate on FDs of t
The sooner you start investing for your child, the better it is since the power of compounding turns a small amount into a big one
Tax rules for gifting differ as per the nature of the gift and from whom it is received.
If interest rate is hovering within range of 100 basis points or more it is always better to go for floating rate FDs than normal one, said an expert.
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