My SCRAPBOOK (సేకరణలు): A COLLECTION of articles in English and Telugu(తెలుగు), from various sources, on varied subjects. I do not claim credit for any of the contents of these postings as my own.A student's declaration made at the end of his answer paper, holds good to the articles here too:"I hereby declare that the answers written above are true to the best of my friend's knowledge and I claim no responsibility whatsoever of the correctness of the answers."

Tuesday, March 18, 2014

1375- Inflation cut Rs.100 to Rs.14 in 30years & how to beat inflation:



@6.5% long-term WPI(wholesale price index) inflation in India, the purchasing power of Rs.100/- has eroded to a dismal Rs.13.80 over the last 30years! 

'Inflation Indexed Bonds' (IIBs) are a low-risk, perfect hedge against inflation, and must, therefore, be part of any long-term debt portfolio.
(TOI)
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posted by C. Narayana Rao at 1:45 pm

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