Residential housing prices in the country have more than tripled in the past decade. Does it make a strong case for investing into real estate?
Muthukumar KMuthukumar K has been writing extensively on personal finance for the last two decades. He is often seen in a blissful state sparked off by Heartfulness Meditation.
The yield on the 10-year benchmark government bonds has fallen sharply by 100 basis points (100 basis points is equal to 1%) to 6.4% per annum, in the last three months. Similarly, the five-year and one-year government bond yields have fallen to 6% plus levels. Fixed deposit and lending rates of banks are directly linked to these rates of the economy.