
The concept of “save today for the needy days,” has been practiced since the evolution of mankind for storing, food grains, water, fossil fuels, to name a few items. Generation has been a witness to the conceptual changes where as the ideology has remained more or less unchanged. Today, the art of financial savings and investment has given rise to a new profession, Financial Planner cum Advisor, to impart professional advice, planning and monitoring of individuals portfolio.
The RBI on Friday cut repo rate by a higher-than-expected 50 basis points to prop up growth, which has slowed to a four-year low of 6.5 per cent in FY25.
Live Mint 06/06/2025
RBI MPC meeting: Repo rate cut is expected to lower EMIs for home loan borrowers, providing significant relief, while also likely reducing fixed deposit returns for investors