If you book a Nano, and unfortunately not selected in the draw, do not despair as your booking amount will fetch you better returns than even a fixed deposit. With RBI’s recent reverse repo and repo rate cuts, banks have started slashing deposit rates, with fixed deposits now fetching lesser interest rates as against what [...]
interest rates
One of the only investment which gave positive return after Jan 2008 is Bank FD. With an average interest rate of 9% pa FD’s act as a stable source of income. Now its hight time to take a FD and lock it due to certain reasons – Banks are cutting key interest rates. Inflation is [...]
So you are at this fancy restaurant with your partner. The restaurant is expensive and the bill comes up to a hefty sum. Now, what would anyone normally do? Pay cash? Not likely. With the easy availability of credit today, you would end up using your credit card. Credit card: What is it? A credit [...]
