Bank FDs: Choosing Correctly

Only an unsound bank will offer spectacular rates

Rising interest rates, high inflation and the consequent liquidity squeeze by the Reserve Bank of India (RBI) has finally seen a rapid rise in bank deposit rates. High interest rates are bad for the economy but good news for senior citizens who do not have taxable income and for people in the 40+ age bracket who like bank fixed deposits...

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  • 4 Problems With Travel Cards

    Travel Cards are great if you remember these four negative factors

    Sunil Kumar of Jaipur went abroad last year to scout for business. This time, instead of the usual wad of foreign currency or travellers cheques, he decided to get himself a Travel Card, which is touted as safe, convenient and extremely cost effective.

    Unfortunately, Kumar discovered that there was a big hidden cost...

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  • 7 Tips To Smart Online Bidding

    …And what to do when things go wrong

    For a whole generation of people, malls are a place where you go to eat, catch a movie or just hang out. Serious shopping, especially for books, clothes and electronic gizmos, is something you do online. However, those who do not understand the ways and pitfalls of the vast e-mall that is online shopping, end up angry, frustrated or simply feeling cheated;...

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