I have a business plan which will definitely change the whole home loan, loan company sector in India for the people who are paying more interest on thier loans just because they have low income or low cibil score.
While people earning more who don
And even fd rates don't compensate for inflation today, so at max we can provide them back the amount with fd interest rates
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Soumya Ranjan Dash
Stealth • 5m
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
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
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Atharva Deshmukh
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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
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RootDotAi
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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
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%"
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Himesh Jain
Stealth • 5m
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
Ashneer G(rover) is so back baby! Huge industry. People will pay whatever interest they quote in this segment. Another unicorn if he doesn’t f up. Even Adam Newman is launching his new startup Flow after the WeWork debacle. What a time to be alive 🔥
There are many fraud instant loan companies ,but I want to build an trust worthy loan loan app with fully transparency with user about their interest rates, late fess charges there there are such people who has emergency and they actually need money
Do you invest all your savings into Fixed Deposits? Big mistake, read more
Fixed Deposits (FDs) have been a staple of Indian households for decades, but how do they fit into a modern investment portfolio? Let’s break it down:
🔹 Not a Growth Asset
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