The Dosa Economics of Raghuram Rajan explains the negative impact of high inflation on our purchasing power. But we already know that high inflation is bad, right? So why the RBI Governor had to coin the concept of Dosa Economics? Both, ‘high’ and ‘very-low’ inflation is bad for the overall economy and also for our pockets. Hence Reserve…
In India we have an investment option called “Post Office Monthly Income Scheme (MIS)”. Among other investment options, PO-MIS can also be considered suitable for investment by retired people. But PO-MIS is not limited for retired people alone. Anyone with age above 18 years can open a PO-MIS account. An account can be open even…
When a person wants to buy a risk free investment, which is the best investment vehicle? Government bonds will be the best choice. Why? There are two reasons for it: (a) Government bonds are issued by the central government in India, (b) These bonds are regulated and managed by Reserve Bank of India (RBI). What…
FD are favourite investment vehicle, right? But is it possible to earn higher interest on FD investment? Fixed deposits (FD) remain one of the most trusted investments in India. People of all ages and all backgrounds loves investing in fixed deposits. But there are ways to earn higher interest on FD? FD promises a guaranteed interest….
