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Tag Archives: fixed deposits

Savings accounts that offer better returns than bank fixed deposits: see the latest rates

12/26/2020 India

Low-risk investors can spread their savings account deposits among several banks offering high-yield savings accounts to maximize the benefit of the deposit insurance coverage offered by DICGC, a subsidiary of RBI. After a series of buyback rate cuts by the RBI in recent months, fixed deposits are no longer as …

Six reasons why the tax package has more to do with putting people’s money in their hands than with starting a paralyzed economy

05/14/2020 India

[ad_1] The central government has announced an economic package that supposedly represents about 10 percent of India’s gross domestic product (GDP). GDP is a measure of the economic size of a country. India’s GDP is around Rs 200 lakh crore. This is how 10 percent of that results in Rs …