For Whom Wealth Matters
June 29, 2011 1 Comment
The 25 paise coin, popularly called chaar anna , has cease to be legal tender today.It has passed into history just like the 1,2,3,5,10 & 20 paise coins.In a way it is the death of an era.It makes me a bit sad. Read more of this post
June 29, 2011 3 Comments
Here are some inflation figures from the report ‘Higher inflation cost households Rs 5.8 trillion’from CRISIL.They can be plugged into the calculator here: https://wealthymatters.com/2011/01/22/inflation-calculator/
Hope this helps with your financial planning.
‘The study shows that growth of private consumption expenditure in nominal terms increased to nearly 17 per cent per year during this period from 14 per cent in the preceding 3 years mainly due to the rise in food inflation.’
‘The rise in inflation to 8 per cent per year during 2008-09 to 2010-11 from 5 per cent in the preceding 3 years Read more of this post
wealthymatters 