Hi

The interest rates for FD have been reduced to 7% by the India's largest lender SBI (from Sept 1) and the news says that its an indication that the rates will fall more. FD's have always been considered as a safe and steady income option specially for the retired people. So now with the reducing rates and increasing inflation, what else is the next best investment option that we can look at?

http://www.livemint.com/Money/89WFPIl4K9ZDCgLZ7QOl4H/7-the-interest-rate-on-State-Bank-of-India-fixed-deposits.html

 


Life is really simple, but we insist on making it complicated - Confucius

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Is the current education system of India making the kids a machinery of producing good results?

Today's education system promotes extensive learning and cramming so that child must earn good marks. This marks-oriented system promotes cramming and mugging up thereby, discouraging understanding of concepts. Therefore, children are unable to take out time for their work-outs and remain stressful.
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