When we are looking for home loans, we tend to go with the loan product that charges the lowest rate of interest. What if the bank were to charge you a negative interest rate? Essentially, the bank pays you to take a loan from them. Not possible? Well, a Danish Bank has just done that.… Continue Reading
When Finance Minister, Mr Arun Jaitley, presented the NDA government’s first full year budget on 28th February 2015, I was one of the millions of Indians who sat glued to their television sets to catch the budget highlights first hand. To be honest, like most of individual tax payers out there, I was expecting a… Continue Reading
The Indian economy expanded by 4.7% in the year 2013-2014, registering a second consecutive year of sub 5% growth. Between 2012-’13 and 2013-’14 the main driver of the economy were the farm, financial services, and the real estate sectors. The manufacturing sector continued to languish. After lifting the GDP by an average of 1.6 percentage… Continue Reading