India's GDP growth rate at 8.4 Percent in Q2FY22

 India's GDP growth rate at 8.4 Percent in Q2FY22 The First quarter of the last fiscal year 2020-21 saw a sharp decline in the Indian Economy due to Covid-19 Epidemic. The Country's economy contracted (-24.4) Percent in the April-June 2021 quarter, reason for Nation wide lock down. This was followed by a decline of (-7.4) Percent in the next quarter which is July to September 2020-21. It is noteworthy that most developed and emerging economy countries had such an impact last year. Curfew controls eased somewhat and the economy is started to recover. It was 0.5 Percent growth in the December quarter and 1.6 Percent in the ending March 2021 quarter. During April to June period of the current fiscal year, the growth rate was said to be 20.1 Percent, then now 8.4 Percent in the second quarter of 2021-22. This said 8.4 Percent growth were compared with the last year September, which was seen as Negative growth. The Q2FY22 September quarter growth was mainly driven by the Service Sec

Trading Activity of FII and DII - October 2021 - Indian Equity Market

 Trading Activity of FII and DII - October 2021 - Indian Equity Market The BSE Sensex has risen 50 Percent in the last one year and the NSE Primary index - Nifty50 has risen 52 Percent in the said period. Both indices have risen more than 20 percent in the current year so far. Recently the major indices of the Indian Equity market were traded at its Lifetime High. Currently, both indices are trading down around 5 Percent from its peak. However, we cannot say that this is the significant correction. BSE Sensex is at 59,307 points and Nifty50 is at 17,672 points at the end of the last traded session of October 2021. Generally, Indian Equity market is largely dominated by the Foreign Institutional Investors(FII) based on Net Purchase / Sales. The investment from the FII for the Indian Equity and Debt Securities will be substantial. With the Stock Market boom seen over the past one year and a half, the selling mode of Foreign investors are now on the Rise. Foreign investors have sold share

Small Savings Scheme interest rates for the period - October to December 2021

 Small Savings Scheme interest rates for the period - October to December 2021 Interest Rates on Small Savings Scheme were announced recently for the period between October - December, which is the third quarter of the current fiscal year 2021-22. The rates are subject to change on a quarterly basis.  According to the data released by the Ministry of Finance, the interest rates are unchanged from the current rates which is said in the July to September 2021 quarter. So, there is no change in the rates for the period of October - December 2021. Most of the Savings plan were available in Banking and Postal Offices are coming under the Small Savings Scheme, Ministry of Finance. For the Term deposit of one year, two year and three years the interest rates are said to be 5.5 Percent. However it is 6.7 Percent for the 5 years Term Deposit savings plan. The 5 years Senior Citizen Savings Scheme(SCSS) comes with 7.4 Percent and 5 years monthly income scheme which provides 6.6 Percent rate unde

Short cut to Fastest Financial Freedom(FFF)

 Short cut to Fastest Financial Freedom(FFF) Whether it's a Simple Life style or the life style which we want, we always depend on Economy (Say 'Money'). On the other side, only if we have a time to happily spend the money we have put together, will the money we have added benefit.  In the Modern-age development,  most of us are talking about Early Retirement Plan(ERP), Financial Freedom, Entrepreneurship, Blogging, Flexible work Hours, Live the life as we want and so on. All of these are the root cause for Financial Independence, as we are not interested to depend something or someone. Thoughts like these are a healthy thing to do, however we have to work with some key factors to attain the Financial Independence or live the life we want. Financially Free or Financial Freedom or Financial Independence is when we do not work or not required to work for our Essential needs for the rest of our lives. For this Independence, we have to create a massive or enough wealth in advan

Drawbacks of Investing in a Single Investment product

  Drawbacks of Investing in a Single Investment product It is common nature for any investment product to experience ups and downs over a period or time or cyclically. If we can predict this easily - in fact it's not. Hard to predict even with enough skill and insider information.  There are few disadvantages of investing the entire amount in a single investment product or avenue,  Chances of Losing the investment value drastically are very high The problem with receiving the Targeted or Goal amount in a certain period, the amount may be low Investment Risk is very high when invest in a Single product Missing the Opportunity cost of any other investment product which gives good returns False Predictability about the Market or Herd Mentality Asset Allocation and Diversification - both are very important on Investing Life. This will reduce the investment risk and increase the chances of generating better returns. In the long run, invest in a single instrument is not only the huge ris

TCS and Infosys - The better friendly fundamentals

 TCS and Infosys - The better friendly fundamentals India's two biggest IT Companies - Tata Consultancy Services and Infosys Limited. TCS have over 50 years of experience and Infosys have more than 40 years in the field of Tech Industry. The Current Market Capitalization for TCS is around Rs.11.85 Lakh Crore, where Infosys stands with Rs.6.73 Lakh Crore in the Indian Stock Market Exchange. TCS is the fourth largest employer in India after Indian Railways, Indian Army and India Post. It has more than 4 Lakh employees and it is noteworthy that 37 percent of its employees are Women. Tata Consultancy Services takes its revenue mostly from America and Europe. 52 Percent of revenue comes from America and the Europe contributed with 31 Percent. Both Companies are considered as a Debt Free Companies. Their Financial Track record were also reasonably good and progressively improving. They are not fast on its financials, but with stabled achievement. TCS is currently trading at 14 times of i

Small Savings Scheme interest rates for the period - July to September 2021

 Small Savings Scheme interest rates for the period - July to September 2021  Small Savings interest rates for the Q2FY22(July to September) have been announced recently. It is noteworthy that the interest rates for Small Savings Scheme would be announced by every quarter. According to the recent report, the interest rates will remain same as last time(April to June 2021).  Generally Savings Account Deposit, Recurring Deposit, Term Deposits, Monthly Income Scheme(MIS), NSC, Kisan Vikas Patra, Public Provident Fund(PPF) are coming under the Small Savings Scheme. Small Savings Schemes are available in Post Offices and Banks across India. Senior Citizens Savings Scheme(SCSS), Sukanya Samriddhi for the Girl Child were also included in the Small Savings Category. It is noteworthy that the interest rates on small savings has been declining over the past few years. This lead and attracts to invest in Low risk product mutual funds like Liquid Funds and Debt Funds(Low to Moderate) in the curren