So, where can you invest your retirement corpus so that it stays safe, particularly in these volatile COVID-19 times? Look at instruments that offer security and fixed returns. The options include bank fixed deposits, which offer interest rates between 5-7 per cent. Then, there are company fixed deposits, which offer higher rate of interest than many banks. However, you must evaluate the rating of the companies – it should be AAA or sovereign. … [Read more...] about Invest your retirement corpus to get safe income and beat inflation
Tariff on imports
High non-performing assets (NPAs), or bad loans, were a big concern for the banking industry. Restructuring of loans for companies impacted by COVID and raising the LTV ratio for gold from 75 percent to 90 percent was a positive for the economy and banks, which also enthused the market, Nair said. … [Read more...] about Market gives thumbs up to RBI moves, are rate cuts not a trigger anymore?
"An early containment of the COVID-19 pandemic may impart an upside to the outlook. A more protracted spread of the pandemic, deviations from the forecast of a normal monsoon and global financial market volatility are the key downside risks," the MPC said in the statement. … [Read more...] about RBI Monetary Policy: MPC keeps repo rate unchanged at 4%
“Currently, the Indian TV industry imports most of the raw materials and has a value addition of only 10-12 percent. However, with this investment, Kodak HD LED TV aims to increase value addition to 50-60 per cent. The new plant and R&D Centre will help manufacture technology-driven products and introduce more manufacturing lines aligned to Make in India," said Avneet Singh Marwah, Founder, and Chief Executive Officer (CEO), Super Plastronics (exclusive Kodak brand licensee in India). … [Read more...] about Kodak TV to invest Rs 500 crore in three years for manufacturing plant in Uttar Pradesh
As seen in the video, the Takashi Hara, a member of Yamaha’s Engineering division 2 explains, “We developed the EV motors first with our motorcycles, and we’ve continued that work, but also combined the know-how from our engines to create these new units.” … [Read more...] about Yamaha developing compact electric motors for cars, motorcycles