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Entry level Salary offered by IT firms in 2003-04: around 2.5-3Lakhs. Entry level Salary in 2022: around 3-3.5Lakhs. Inflation every year is around 6-7%. Yet FD is where 58% of Indians have invested. FD is safe FD ensure liquidity FD return doe

Imagine instead of keeping your money in boring savings account, you could simply do an FD of it and get good interest rates, but also get a steady no interest credit line upto FD amount to be used by you for daily expenses? Basically your money will

Hello Everyone 🖐️, FED is now trying to cut their interest rates from 5.5% to maybe 3-4% . Now , Inflation is in control so that they will cut fed rates till June . Due to this , companies don't have high interest on loans so that I think recession

Do you Know How Important inflation is? Let's test it. If you had to borrow $1,000 from a friend and they agreed not to charge interest, but inflation is 3% annually, are you actually paying them back the full value of what you borrowed after one

Have studied about Monetary Policy in short and it's effect. The monetary policy is a tool through which the Reserve Bank of India (RBI) controls the money supply by controlling the interest rates. RBI is India’s central bank. While setting the int

Two major decisions yesterday: 1. Federal Reserve pauses interest rate hikes, it remains at 5.25% - 5.50% 2. FED Chair Jerome Powell said there will be no more cut in interest rates "until we have greater confidence inflation is going back to 2%"

Here's a Summary of the FED decision on March 20, 2024: 1. The Federal Reserve keeps interest rates steady at 5.50% for the fifth consecutive meeting. 2. The Fed maintains its anticipation of three interest rate reductions in 2024. 3. The proje

Hi what are your thoughts on Compound interest Let's say if I invest 10000 Rs every month for 40 years at an annual interest of 8% then after 40 years My invested amount = 48 lacs Money I will get = 3.51 cr But will it really be worthy with an a

hey everyone I have a firm .actually we are into money lending business but now we want to expand our business so any idea how we can get more capital in less interest rates. we provide 5% monthly fixed returns schemes those who are interested can co

"The best way to predict the future is to create it." – Peter Drucker Today, we’ll focus on Finance Concepts. Concept of the Day: Compound Interest Compound interest is a fundamental finance concept that builds wealth over time. Let’s explore it in