I am 38 years old, make ₹1.35 lakh a month, and want to accumulate ₹5 crore for my retirement. Where and how should I invest to achieve this objective? —Name withheld on request You are 38, and if you plan to retire at the age of 60 with a corpus of ₹5 crore, you should … Read more
As millennials, it’s commonplace for us to prioritise our personal financial aspirations. However, amidst our pursuits, we must recognize the financial security of our younger siblings, who may still need to gain the maturity or resources to secure their own financial futures. Rather than solely indulging in fleeting pleasures like gadgets or social outings, we … Read more
Investment is one such goal that makes the journey of life interesting. Investment is an asset acquired with the goal of generating income or appreciation. Appreciation increases in value over a period of time. Investment is made to create future wealth. When a child is born, learning is gradual. Recognition with senses, reciprocation with gestures, … Read more
However, in March 2024, some banks increased their fixed deposit rates. In the case of most banks, the current fixed deposit interest rates being offered are at a decadal high. So, are these the best interest rates on fixed deposits? And should you lock into these high fixed deposit rates? Let us discuss. Also Read: … Read more
If you like scary movies, then you are going to enjoy this psychological scary movie called First Omen. It has everything you need to sit on the edge of your seat (or be stuck to it out of sheer fright) and the most important thing: a story that will keep you interested, even after the … Read more
This is believed to be either the last or perhaps second last meeting before the interest rates are eventually slashed after a long hiatus. A Reuters poll predicted that the RBI is expected to cut rates in the Sept quarter. Notably, the banking regulator had raised the repo rates by a cumulative of 250 basis points … Read more
