Term Deposit
A term deposit is a fixed-term or tenure or maturity period deposit held at a financial institution. Typical examples include 90 days, 6 Months and 1-year Fixed Deposit in a bank. There is usually a penalty attached to the deposit for premature withdrawal and also a differential interest rate for Senior Citizens PenguWIN attempts to decode Financial Jargons <Term Deposit>
Gross Domestic Product or GDP
Gross Domestic Product or GDP is the monetary value of all goods and services produced within a country in a specific period of time, typically a quarter/year. GDP is one of the primary indicators used to gauge the health of a country’s economy. A significant change in GDP, usually has a significant effect on the stock market. Real GDP refers to economic output adjusted for Inflation while Nominal GDP is not inflation adjusted. India’s GDP in...
SENSEX See-Saw
Greetings from PenguWIN: I presume you are aware of the volatility and battering of stocks in the Indian Equity markets. Experts attribute this carnage to a variety of reasons including Rupee depreciation, continuous increase of Crude oil price, build-up of Non-Performing Assets (NPAs), Global trade war, bank frauds, rise in bond yields, high valuation of Small and Mid-Cap stocks, Mutual Funds Recategorization and introduction of long-term capital gains tax. Investors who started investing in Equity...