RBI Holds Repo Rate at 4% Amid Covid-19 Surge
The Reserve Bank of India (RBI) kept interest rates steady at record lows on Wednesday, as widely expected, sticking to its accommodative monetary policy amid concerns that rising COVID-19 infections could derail the country’s nascent economic recovery. The MPC voted unanimously to keep monetary policy unchanged as long as necessary to sustain growth, Governor Shaktikanta […]
Fractional Ownership Giving a Boost to Commercial Real Estate
Fractional ownership in commercial property has given an opportunity to retail investors to invest smaller sums in India’s booming commercial real estate market. If this pandemic has accomplished anything, it has forced us to reconsider how we make financial decisions, especially how we save and invest. As if wage cuts and layoffs weren’t bad enough, […]