Category: Finance

SBI has announced an increase in its fixed deposit interest rates for retail deposits (up to Rs 2 crore)  Here are the latest SBI fixed deposit interest rates.(Rates in % p.a) Tenor : 7 days to 45 days  Revised Rates for Public – 3.50 % p.a | Revised Rates for Senior Citizen- 4.00 % p.a […]

Shri R. Lakshmi Kanth Rao has been appointed as the new Executive Director (ED) of the Reserve Bank of India (RBI) with effect from 10th May, 2024. Shri Rao had been serving as the Department of Regulation’s Chief General Manager-in-Charge prior to being appointed as the RBI’s ED.  Shri Rao carries with him an experience […]

Criminals take ‘dirty money’ and effectively ‘clean’ it to make it seem like they have legitimately earned the money. This process is known as Money Laundering.  When the criminals make money, they need to disguise how and why the money came into their hands. Money laundering enables them to do this by making it seem […]

For any nation, the depreciation of their currency can have far-reaching effects on its economy as well as trade relationships. When we talk about the Indian rupee, its fluctuating value against major foreign currencies has been a matter of concern and interest for the policymakers, entities and the general masses in India. In the year […]

The US Dollar is viewed as the strongest and most-traded currency in the world. However, it is not the most expensive currency in the world. There are 9 currencies which are of a higher value than the US Dollar. In this article, we will take a look at the Top 10 Highest Currencies in the […]

Buying a home is a big-ticket investment as people sometimes spend their life’s earnings to buy a home. Considering the scenario of rising inflation and a growing real estate market, the cost of owning a home has increased manifold. And, this is why most home buyers in India resort to taking a home loan to […]

In recent times, mutual fund investment has emerged as a promising investment avenue for all types of investors. Whether you are investing for a shorter period or a longer one, mutual funds investment promises excellent returns along with numerous other benefits. That is what makes them way ahead of other conventional investment channels such as […]

Here is a list of the world’s top 10 richest people, according to Forbes’ ranking for April, 2024. The wealth of these people surpasses the GDP of several nations. Let’s take a look at these billionaires’ biographies, sources, net worth and more.  Rank 1 – Bernard Jean Étienne Arnault           Bernard […]

The best gift a parent can give to their child is to invest in their future. The right investment plan can help your little one(s) to fulfill their goals and ambitions. Child investment plans can be opted for different aims, such as for a child’s education, marriage, healthcare, and more. In this article, we will […]

Among various industrial sectors in India, the real estate sector has been known to deliver promising returns to investors. In recent times, all types of investors including retail and commercial have shown immense interest in the real estate sector of India when it comes to investing to get a remarkable growth over time. This is […]