Stealing from the Gods – Quantative Easing the ancient Greek way

ByAmandeep Singh

Gold has always been popular in troubled times.   During the Peloponnesian War (around 431 BC) between the Athenians and the Spartans, the Athenians melted down the gold from the statue of Athene in the Parthenon in order to issue an emergency gold currency.   It’s a fashion that has continued ever since.   Recent…

Should I invest in L & T Finance NCD Issue?

ByAmandeep Singh

Investments can be considered in L&T Finance’s secured non-convertible debentures (NCD), especially the longer-term options as they offer attractive rates and provide a hedge against the interest rate volatility over a 10-year period. With banks’ term deposit rates hovering in the 6.5-8 per cent range across comparable tenures, the rates offered by the debenture appear…