Post Office Term Deposit Vs Tax-Saver FDs: Interest rates compared - which one should you opt for?
Tuesday, 19 March 2024 Government updates small savings schemes rates quarterly. 5-year Post Office Time Deposit (POTD) rates remain steady. Banks offer tax-saving benefits on 5-year fixed deposits with varying interest rates, such as DCB Bank at 7.75% and IndusInd Bank at 7.25%.
In a bid to revive stagnant post-financial crisis economies and spur inflation, central bankers globally ventured into uncharted territory in the 2010s by pushing interest rates into negative territory.
Interest rates are currently at an all-time high as central banks such as the Bank of England, the US Federal Reserve, and the European Central Bank aim to bring inflation down to their..
The Biden administration has continuously made the promise to cut interest rates for millions of Americans who so desperately need to start to build wealth, but with interest rates at one of the..
IMF Warns of Broad Global Impact, Due to Conflict in the Middle East.
According to 'The Guardian,' the International Monetary
Fund recently highlighted the risks of escalating
conflict in the Middle..
Credit: Wibbitz Top Stories Duration: 01:31Published
Tuesday, 19 March 2024
![Why interest rates matter to bonds, stocks and cash [Video]](https://video.newsserve.net/300/v/20240429/1374063904-Why-interest-rates-matter-to-bonds-stocks-and.jpg)
![Will Biden CUT RATES? Americans SUFFER Among Economic Downturn | $LIGHTLY FINANCIAL [Video]](https://video.newsserve.net/300/v/20240420/1713630454-Will-Biden-CUT-RATES-Americans-SUFFER-Among-Economic.jpg)
![IMF Warns of Broad Global Impact Due to Conflict in the Middle East [Video]](https://video.newsserve.net/300/v/20240416/1372837842-IMF-Warns-of-Broad-Global-Impact-Due-to.jpg)
