Compound Interest Compound interest is the interest on savings calculated on both the initial principal and the accumulated interest from previous periods. “Interest on interest,” or the power of compound interest, is believed to have originated in 17th-century Italy. It will make a sum grow faster than simple interest, which is calculated only on the […]
Equity Outlook: How will the new FY kick start? Dikshit Mittal of LIC MF, George Thomas of Quantum MF, Ravi Gopalakrishnan of Sundaram MF and Shridatta Bhandwaldar of Canara Robeco MF share their equity outlook for April 2023. Karishma Gagwani March 2023 was an eventful month from a global context. And, given the collapse of[…..]
Inflation or the Economy: What Will Fed Rate Hikes Break First? By DICCON HYATT Published March 29, 2023 It’s a mantra for economists: When the Federal Reserve starts hiking rates, it keeps going until something breaks. So what’s going to break next? In the past year, the Fed has raised its benchmark interest rate to a range[…..]