Seizing the Moment: High Bond Yield Offers Golden Investment Opportunities?

The Indian bond market succumbed to selling pressure after the RBI Governor announced open market operations(OMO) to sell the bonds during his policy statement on 6th Oct 2023. India’s 10-year bond yield saw the biggest rise of 14 basis points(around 2%) in the last 14 months post the Governor’s statement. Borrowing of around Rs 3.5 … Continue reading Seizing the Moment: High Bond Yield Offers Golden Investment Opportunities?

Why Do We Save and How Should We Invest?

In the last three months or so, ever since the lockdown has been enforced all across the world, the household savings rate has gone up substantially despite an increase in unemployment/loss of income. No outdoor eating /parties/movies, no shopping other than necessities, no travel are the main contributors. Why do we have to save money?  … Continue reading Why Do We Save and How Should We Invest?

Are We Loosing Money By Investing In Bank FD?

Rates of interest on various small saving schemes have been slashed substantially by the Government of India wef  01 April 2020.  The annual rate of interest on Bank Savings Account would be around 2.75% and Bank FDs will fetch you 5.5% to 5.8% for one to three years of term deposit. Further, interest accrued on these investments … Continue reading Are We Loosing Money By Investing In Bank FD?

Are You Paying Income tax On Interest Income?

As part of direct taxes, all of us are paying Income tax to Government of India. Income tax is levied on following two parts of income: 1. Earned income which is earned by us in a financial year(Apr to Mar)2. And the interest income which gets accrued on our savings / investments There is hardly any scope … Continue reading Are You Paying Income tax On Interest Income?