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Post demonetisation, flush with liquidity, banks have slashed their deposit rates. This is bad news for investors especially retirees who rely on interest on bank fixed deposits for regular income.
Those currently invested in debt funds are advised to remain invested and people with ample idle money should also concentrate on investing their surplus funds.
Here are a few points that should help you decide wether to buy a plot of land or invest in a flat.
This can be good news for borrowers as banks are expected to reduce the lending rates. But this could also mean that your fixed deposit rates might go down further.
Most youth do save, and some up to a fourth of their income. But what a majority of them falter at is investing- investing intelligent.
Gold, which is considered as safe haven under uncertain circumstances, saw a surge in demand on Wednesday due to both global and domestic factors.
SGB still remains the best bet for portfolio diversification, above all the available options
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