New Delhi: Banks based on income from fixed deposit (FD) schemes will be on the receiving end with senior citizens and other retail inflation exceeding interest rates.
The Reserve Bank of India (RBI) in its latest monetary policy review has projected retail inflation for the current fiscal at 5.3 per cent.
Last week, the RBI said consumer price index (CPI)-based inflation is now projected at 5.3 per cent for 2021-22, with risks evenly balanced.
At this stage, fixed deposits for one year with the country’s largest lender State Bank of India (SBI) will earn negative interest. The real interest rate for the saver will be (-) 0.3 percent.
The real interest rate is the card rate minus the inflation rate. Retail inflation stood at 5.3 per cent in August.
Even for the higher tenure of 2-3 years, the interest rate earned is 5.10 per cent lower than the inflation expected for the current financial year.
In the private sector, market leader HDFC Bank offers an interest rate of 4.90 per cent for fixed deposits of 1-2 years while 5.15 per cent for 2-3 years.
However, small savings schemes run by the government provide better returns than the fixed deposit rates of banks. For fixed deposits of 1-3 years, the interest rate offered is 5.5 per cent higher than the inflation target.
There is a natural advantage of transferring money from bank FDs to government savings schemes as the rates are slightly higher. Thus, the real interest rate is in positive territory.
Experts said it is a common phenomenon that real returns are negative in the post-crisis and recovery world, given the fiscal stimulus to overcome hardship.
India is no exception and in fact, new asset allocation patterns will need to emerge, with more allocation from financial assets to real assets.
Vivek Iyer, Partner, Grant Thornton India, said that real rates are going to be negative for some time, given that post-crisis recovery may take some time and it is imperative that financial literacy initiatives help people make the right investment choices. guide me.
“A negative rate of interest for savers on bank deposits is, these days, a reality that depositors have to face due to complicating factors.
Jyoti Prakash Gadiya, Managing Director, Resurgent India said, “The current average savings deposit rate offered by banks, which is around 3.5 per cent and less than five per cent on one-year deposits, indicates negative returns, even That doesn’t even cover the expected inflation rate.”
The impact of negative interest on bank savings deposits is evident, with low growth of such deposits and the public is now looking for alternatives like mutual funds and equities for better returns.
Gadiya said that however, the higher risk options have shown phenomenal growth which is likely to continue till inflation is contained or bank deposit rates rise significantly.
live TV
#Mute
';
$('div.listing').append(string);
}
});
},
error:function(xhr){
//console.log("Error");
//console.log("An error occured: " + xhr.status + " " + xhr.statusText);
nextload=false;
},
complete: function(){
$('div.listing').find(".loading-block").remove();;
pg +=1;
//console.log("mod" + ice%2);
nextpath="&page=" + pg;
//console.log("request complete" + nextpath);
cat = "?cat=904795";
//console.log(nextpath);
nextload=(ice%2==0)?true:false;
}
});
}
//lastoff = last.offset();
//console.log("**" + lastoff + "**");
});*/
var maindiv = false;
var dis = 0;
var fbcontainer="";
var fbid = '';
var fb_script=document.createElement('script');
fb_script.text= "(function(d, s, id) {var js, fjs = d.getElementsByTagName(s)[0];if (d.getElementById(id)) return;js = d.createElement(s); js.id = id;js.src="https://connect.facebook.net/en_GB/sdk.js#xfbml=1&version=v2.9";fjs.parentNode.insertBefore(js, fjs);}(document, 'script', 'facebook-jssdk'));";
var fmain = $(".sr2402133");
//alert(x+ "-" + url);
var fdiv = '
';
//console.log(fdiv);
//$(fb_script).appendTo(fmain);
$(fdiv).appendTo(fmain);
function fillElementWithAd($el, slotCode, size, targeting){
if (typeof targeting === 'undefined') {
targeting = {};
} else if ( Object.prototype.toString.call( targeting ) !== '[object Object]' ) {
targeting = {};
}
var elId = $el.attr('id');
//console.log("elId:" + elId);
googletag.cmd.push(function(){
var slot = googletag.defineSlot(slotCode, size, elId);
for (var t in targeting){
slot.setTargeting(t, targeting
}
slot.addService(googletag.pubads());
googletag.display(elId);
//googletag.pubads().refresh([slot]);
});
}
$(document).delegate("button[id^='mf']", "click", function(){
fbcontainer="";
fbid = '#' + $(this).attr('id');
var sr = fbid.replace("#mf", ".sr");
$(fbid).parent().children(sr).toggle();
fbcontainer = $(fbid).parent().children(sr).children(".fb-comments").attr("id");
});
function onPlayerStateChange(event){
var ing, fid;
//console.log(event + "---player");
$('iframe[id*="video-"]').each(function(){
_v = $(this).attr('id');
//console.log("_v: " + _v);
if(_v != event){
//console.log("condition match");
ing = new YT.get(_v);
if(ing.getPlayerState()=='1'){
ing.pauseVideo();
}
}
});
$('div[id*="video-"]').each(function(){
_v = $(this).attr('id');
//console.log("_v: " + _v + " event: " + event);
if(_v != event){
//jwplayer(_v).play(false);
}
});
}
function onYouTubePlay(vid, code, playDiv,vx, pvid){
if (typeof(YT) == 'undefined' || typeof(YT.Player) == 'undefined') {
var tag = document.createElement('script');
tag.src = "https://www.youtube.com/iframe_api";
var firstScriptTag = document.getElementsByTagName('script')[0];
firstScriptTag.parentNode.insertBefore(tag, firstScriptTag);
window.onYouTubePlayerAPIReady = function() {
onYouTubePlayer(vid, code, playDiv,vx, pvid);
};
}else{onYouTubePlayer(vid, code, playDiv,vx, pvid);}
}
function onYouTubePlayer(vid, code, playDiv,vx, pvid){
//console.log(playDiv + "Get Youtue " + vid);
//$("#"+vid).find(".playvideo-"+ vx).hide();
var player = new YT.Player(playDiv , {
height: '450',
width: '100%',
videoId:code,
playerVars: {
'autoplay': 1,
'showinfo': 1,
'controls': 1
},
events: {
'onStateChange': function(event){
onPlayerStateChange(event.target.a.id);
}
}
});
$("#video-"+vid).show();
}
function kalturaPlayerAPIReady(code, playDiv,pvid){
var dt=new Date;
var nt=dt.getTime();
var vtitle = "";
pre_roll = "https://pubads.g.doubleclick.net/gampad/ads?sz=640x480&iu=/11440465/Zeenews_English_Video/Zeenews_English_Preroll&tfcd=0&npa=0&sz=640x480&gdfp_req=1&output=vast&unviewed_position_start=1&env=vp&impl=s&description_url="+vtitle+"&correlator="+nt;
var sources ={};
var config = {
targetId: playDiv,
provider: {
partnerId: 2504201
},
playback: {
pictureInPicture : true,
autoplay: true
},
advertising: {
adBreaks: [{
position: 0,
ads: [{
url: [pre_roll]
}]
}]
},
plugins: {
ima: {
adsResponse: ""
}
}
}
var kalturaPlayer = KalturaPlayer.setup(config);
if(kalturaPlayer){
kalturaPlayer.reset();
}
var videoUrl = code;
var mediaid = '"zn' + pvid + '"';
sources = {
hls: [{
id: mediaid,
url: videoUrl,
mimetype: "application/x-mpegURL"
}]
}
kalturaplayerSetup(kalturaPlayer, sources);
if (typeof kalturaPlayer !== 'undefined') {
doRegisterEvents(kalturaPlayer);
}
}
function kalturaplayerSetup(kalturaPlayer, playbackType){
kalturaPlayer.setMedia({
plugins: {},
sources: playbackType
});
}
function doRegisterEvents(kalturaPlayer) {
/* player event*/
kalturaPlayer.addEventListener(kalturaPlayer.Event.Core.PLAY, playEvent);
kalturaPlayer.addEventListener(kalturaPlayer.Event.Core.PAUSE, pauseEvent);
kalturaPlayer.addEventListener(kalturaPlayer.Event.Core.PLAYBACK_ENDED, playbackEndedEvent);
/* ad event */
kalturaPlayer.addEventListener(kalturaPlayer.Event.AD_STARTED, adStartedEvent);
kalturaPlayer.addEventListener(kalturaPlayer.Event.AD_COMPLETED, adCompletedEvent);
kalturaPlayer.addEventListener(kalturaPlayer.Event.AD_SKIPPED, adSkippedEvent);
kalturaPlayer.addEventListener(kalturaPlayer.Event.AD_CLICKED,adClicked);
}
var vlabel = "https://zeenews.india.com"+$(this).attr("video-path");
var isVideoPlayed = false;
var isAdSkippedCompleted = false;
function adStartedEvent(event) {
var videotype = "zee english video";
gtag('event', 'Adstarted', { 'event_category': videotype, 'event_label': vlabel});
gtag('event', 'Play', { 'event_category': videotype, 'event_label': vlabel});
isVideoPlayed = true;
isAdSkippedCompleted = true;
}
function adCompletedEvent(event) {
var videotype = "zee english video";
gtag('event', 'Adcompleted', { 'event_category': videotype, 'event_label': vlabel});
isAdSkippedCompleted = true;
}
function adSkippedEvent(event) {
var videotype = "zee english video";
gtag('event', 'Adskipped', { 'event_category': videotype, 'event_label': vlabel});
isAdSkippedCompleted = true;
}
function adClicked(event) {
var videotype = "zee english video";
gtag('event', 'Adclicked', { 'event_category': videotype, 'event_label': vlabel});
}
function playbackEndedEvent(event){
var videotype = "zee english video";
gtag('event', 'Complete', { 'event_category': videotype, 'event_label': vlabel});
}
function playEvent(event) {
var videotype = "zee english video";
if((isVideoPlayed) && (isAdSkippedCompleted)){
isAdSkippedCompleted = false;
}else if((isVideoPlayed)){
gtag('event', 'resume', { 'event_category': videotype, 'event_label': vlabel});
}else{
gtag('event', 'Play', { 'event_category': videotype, 'event_label': vlabel});
isVideoPlayed = true;
}
}
function pauseEvent(event) {
var videotype = "zee english video";
gtag('event', 'Pause', { 'event_category': videotype, 'event_label': vlabel});
}
function AdloadEvent(event) {
var videotype = "zee english video";
gtag("event", "kaltura_adloaded", { "event_category": videotype, "event_label": vlabel});
}
function AdProgressEvent(event) {
var videotype = "zee english video";
gtag("event", "kaltura_adprogress", { "event_category": videotype, "event_label": vlabel});
}
function adPausedEvent(event) {
var videotype = "zee english video";
gtag("event", "kaltura_adpaused", { "event_category": videotype, "event_label": vlabel});
}
/* End of Kaltura player function code */
$(document).delegate("div[id^='play']", "click", function(){
//console.log($(this).attr("id"));
//console.log($(this).attr("video-source"));
//console.log($(this).attr("video-code"));
var isyoutube = $(this).attr("video-source");
var vurl = $(this).attr("video-path");
var vid = $(this).attr("id");
$(this).hide();
var pvid = $(this).attr("newsid");
var vx = $(this).attr("id").replace('play-','');
var vC = $(this).attr("video-code");
var playDiv = "video-" + vid + "-" + pvid;
if(isyoutube =='No'){
kalturaPlayerAPIReady(vC, playDiv,pvid);
}else{
onYouTubePlay(vid, vC, playDiv,vx, pvid);
}
});
$(document).delegate("div[id^='ptop']", "click", function(){
var vid = $(this).attr("id").replace('ptop','');
$(this).hide();
var pvid = $(this).attr("newsid");
var vurl = $(this).attr("video-path");
//console.log($(this).attr("id") + "--" + vid);
//console.log($(this).parent().children().find('#play-'+vid).attr("video-source"));
//console.log($(this).parent().children().find('#play-'+vid).attr("video-code"));
var isyoutube = $(this).parent().children().find('#play-'+vid).attr("video-source");
var vC = $(this).parent().children().find('#play-'+vid).attr("video-code");
var playDiv = "mvideo-play-" + vid + "-" + pvid;
if(isyoutube =='No'){
//console.log(jwplayer($(this).attr("id")).getState());
kalturaPlayerAPIReady(vC, playDiv,pvid);
}else{
onYouTubePlay($(this).attr("id"), vC, playDiv, vid, pvid);
}
});
var nxti = 3;
var ci = 1;
var nxti_1 = 6;
var nxti_2 = 9;
var nxti_3 = 12;
if($.autopager==false){
var use_ajax = false;
/*var disqus_shortname="zeehindi";
var disqus_identifier; //made of post id and guid
var disqus_url; //post permalink
function loadDisqus(source, identifier, url, nid) {
if (window.DISQUS) {
//alert("if");
jQuery('
').insertAfter(source);
jQuery('#disqus_thread').insertAfter(source); //append the HTML after the link
//if Disqus exists, call it's reset method with new parameters
DISQUS.reset({
reload: true,
config: function () {
this.page.identifier = identifier;
this.page.url = url;
}
});
}else{
jQuery('
').insertAfter(source);
disqus_identifier = identifier; //set the identifier argument
disqus_url = url; //set the permalink argument
//append the Disqus embed script to HTML
var dsq = document.createElement('script'); dsq.type="text/javascript"; dsq.async = true;
dsq.src="http://" + disqus_shortname + '.disqus.com/embed.js';
jQuery('head').append(dsq);
}
};*/
/*$('.disqusOn').live( "click", notify );
function notify() {
identifier = $(this).attr('id');
dUrl = $(this).attr('disqus-url');
source = $(this).parent();
loadDisqus(jQuery(this), identifier, dUrl);
}*/
function loadshare(curl){
history.replaceState('' ,'', curl);
if(window.OBR){
window.OBR.extern.researchWidget();
}
//console.log("loadshare Call->" + curl);
//$('html head').find('title').text("main" + nxtTitle);
if(_up == false){
var cu_url = curl;
gtag('config', 'UA-2069755-1', {'page_path': cu_url });
if(window.COMSCORE){
window.COMSCORE.beacon({c1: "2", c2: "9254297"});
var e = Date.now();
$.ajax({
url: "/marathi/news/zscorecard.json?" + e,
success: function(e) {}
})
}
//console.log('ga:'+r);
/*(function () {
var ga = document.createElement('script'); ga.type="text/javascript"; ga.async = true;
ga.src = ('https:' == document.location.protocol ? 'https://' : 'http://') + 'stats.g.doubleclick.net/dc.js';
var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(ga, s);
})();*/
//console.log("loadshare Call");
}
}
if(use_ajax==false) {
//console.log('getting');
var view_selector="div.center-section"; // + settings.view_name; + '.view-display-id-' + settings.display;
var content_selector = view_selector; // + settings.content_selector;
var items_selector = content_selector + ' > div.rep-block'; // + settings.items_selector;
var pager_selector="div.next-story-block > div.view-zn-article-mc-all-2017 > div.view-content > div.clearfix"; // + settings.pager_selector;
var next_selector="div.next-story-block > div.view-zn-article-mc-all-2017 > div.view-content > div.clearfix > a:last"; // + settings.next_selector;
var auto_selector="div.tag-block";
var img_location = view_selector + ' > div.rep-block:last';
var img_path="
"; //settings.img_path;
//var img = '
' + img_path + '
';
var img = img_path;
//$(pager_selector).hide();
//alert($(next_selector).attr('href'));
var x = 0;
var url="";
var prevLoc = window.location.pathname;
var circle = "";
var myTimer = "";
var interval = 30;
var angle = 0;
var Inverval = "";
var angle_increment = 6;
var handle = $.autopager({
appendTo: content_selector,
content: items_selector,
runscroll: maindiv,
link: next_selector,
autoLoad: false,
page: 0,
start: function(){
$(img_location).after(img);
circle = $('.center-section').find('#green-halo');
myTimer = $('.center-section').find('#myTimer');
angle = 0;
Inverval = setInterval(function (){
$(circle).attr("stroke-dasharray", angle + ", 20000");
//myTimer.innerHTML = parseInt(angle/360*100) + '%';
if (angle >= 360) {
angle = 1;
}
angle += angle_increment;
}.bind(this),interval);
},
load: function(){
$('div.loading-block').remove();
clearInterval(Inverval);
//$('.repeat-block > .row > div.main-rhs2402133').find('div.rhs2402133:first').clone().appendTo('.repeat-block >.row > div.main-rhs' + x);
$('div.rep-block > div.main-rhs2402133 > div:first').clone().appendTo('div.rep-block > div.main-rhs' + x);
$('.center-section >.row:last').before('
Next Story
');
//$(".main-rhs" + x).theiaStickySidebar();
var fb_script=document.createElement('script');
fb_script.text= "(function(d, s, id) {var js, fjs = d.getElementsByTagName(s)[0];if (d.getElementById(id)) return;js = d.createElement(s); js.id = id;js.src="https://connect.facebook.net/en_GB/sdk.js#xfbml=1&version=v2.9";fjs.parentNode.insertBefore(js, fjs);}(document, 'script', 'facebook-jssdk'));";
var fmain = $(".sr"+ x);
//alert(x+ "-" + url);
var fdiv = '
';
//$(fb_script).appendTo(fmain);
$(fdiv).appendTo(fmain);
FB.XFBML.parse();
var $dfpAd = $('.center-section').children().find("#ad-"+ x);
xp = "#star"+x;
//var $dfpAdrhs = $('.main-rhs' + x).children().find('.adATF').empty().attr("id", "ad-300-" + x); //$('.content-area > .main-article > .row > .main-rhs'+x).find('#ad-300-' + x);
//var $dfpAdrhs2 = $('.main-rhs' + x).children().find('.adBTF').empty().attr("id", "ad-300-2-" + x);//$('.content-area > .main-article > .row > .main-rhs'+x).find('#ad-300-2-' + x);
//var $dfpMiddleAd = $('.content-area > .main-article > .row').find('#ar'+x).find('#ad-middle-' + x).empty();
//fillElementWithAd($dfpAdrhs, '/11440465/Zeenews_English_Web/Zeenews_English_AS_ATF_300x250', [[300, 250], [300, 600]], {});
//fillElementWithAd($dfpAdrhs2, '/11440465/Zeenews_English_Web/Zeenews_English_AS_BTF_1_300x250', [300, 250], {});
//fillElementWithAd($dfpMiddleAd, '/11440465/Zeenews_Hindi_Article_Middle_300x250_BTF', [300, 250], {});
var instagram_script=document.createElement('script');
instagram_script.defer="defer";
instagram_script.async="async";
instagram_script.src="https://platform.instagram.com/en_US/embeds.js";
/*var outbrain_script=document.createElement('script');
outbrain_script.type="text/javascript";
outbrain_script.async="async";
outbrain_script.src="https://widgets.outbrain.com/outbrain.js";
var Omain = $("#outbrain-"+ x);
//alert(Omain + "--" + $(Omain).length);
$(Omain).after(outbrain_script);
var rhs = $('.main-article > .row > div.article-right-part > div.rhs2402133:first').clone();
$(rhs).find('.ad-one').attr("id", "ad-300-" + x).empty();
$(rhs).find('.ad-two').attr("id", "ad-300-2-" + x).empty();
//$('.main-article > .row > div.article-right-part > div.rhs2402133:first').clone().appendTo('.main-article > .row > div.main-rhs' + x);
$(rhs).appendTo('.main-article > .row > div.main-rhs' + x); */
setTimeout(function(){
var twit = $("div.field-name-body").find('blockquote[class^="twitter"]').length;
var insta = $("div.field-name-body").find('blockquote[class^="instagram"]').length;
if(twit==0){twit = ($("div.field-name-body").find('twitterwidget[class^="twitter"]').length);}
if(twit>0){
if (typeof (twttr) != 'undefined') {
twttr.widgets.load();
} else {
$.getScript('https://platform.twitter.com/widgets.js');
}
//$(twit).addClass('tfmargin');
}
if(insta>0){
$('.content > .left-block:last').after(instagram_script);
//$(insta).addClass('tfmargin');
window.instgrm.Embeds.process();
}
}, 1500);
}
});
/*$("#loadmore").click(function(){
x=$(next_selector).attr('id');
var url = $(next_selector).attr('href');
disqus_identifier="ZNH" + x;
disqus_url = url;
handle.autopager('load');
history.pushState('' ,'', url);
setTimeout(function(){
//twttr.widgets.load();
//loadDisqus(jQuery(this), disqus_identifier, disqus_url);
}, 6000);
});*/
/*$("button[id^='mf']").live("click", disqusToggle);
function disqusToggle() {
console.log("Main id: " + $(this).attr('id'));
}*/
$(document).delegate("button[id^='mf']", "click", function(){
fbcontainer="";
fbid = '#' + $(this).attr('id');
var sr = fbid.replace("#mf", ".sr");
//console.log("Main id: " + $(this).attr('id') + "Goodbye!jQuery 1.4.3+" + sr);
$(fbid).parent().children(sr).toggle();
fbcontainer = $(fbid).parent().children(sr).children(".fb-comments").attr("id");
//console.log(fbcontainer);
//var commentsContainer = document.getElementById(fbcontainer);
//commentsContainer.innerHTML = '
';
});
/************Player Code ***********/
var title, imageUrl, description, author, shortName, identifier, timestamp, summary, newsID, nextnews;
var previousScroll = 0;
//console.log("prevLoc" + prevLoc);
$(window).scroll(function(){
var last = $(auto_selector).filter(':last');
var lastHeight = last.offset().top ;
//st = $(layout).scrollTop();
//console.log("st:" + st);
var currentScroll = $(this).scrollTop();
if (currentScroll > previousScroll){
_up = false;
} else {
_up = true;
}
previousScroll = currentScroll;
//console.log("_up" + _up);
var cutoff = $(window).scrollTop() + 64;
//console.log(cutoff + "**");
$('div[id^="row"]').each(function(){
//console.log("article" + $(this).children().find('.left-block').attr("id") + $(this).children().find('.left-block').attr('data-url'));
if($(this).offset().top + $(this).height() > cutoff){
//console.log("$$" + $(this).children().find('.left-block').attr('data-url'));
if(prevLoc != $(this).children().find('.left-block').attr('data-url')){
prevLoc = $(this).children().find('.left-block').attr('data-url');
$('html head').find('title').text($(this).children().find('.left-block').attr('data-title'));
$('meta[name=description]').attr("content",$(this).children().find('.left-block').attr('data-summary'));
$('meta[name=keywords]').attr("content",$(this).children().find('.left-block').attr('data-keyword'));
$('meta[name=news_keywords]').attr("content",$(this).children().find('.left-block').attr('data-keyword'));
pSUPERFLY.virtualPage(prevLoc,$(this).children().find('.left-block').attr('data-title'));
//console.log("Summary: " + $(this).children().find('.left-block').attr('data-summary'));
//console.log("Keyword: " + $(this).children().find('.left-block').attr('data-keyword'));
//history.pushState('' ,'', prevLoc);
loadshare(prevLoc);
}
return false; // stops the iteration after the first one on screen
}
});
if(lastHeight + last.height() < $(document).scrollTop() + $(window).height()){
//console.log("**get");
url = $(next_selector).attr('href');
x=$(next_selector).attr('id');
//console.log("x:" + x);
//handle.autopager('load');
/*setTimeout(function(){
//twttr.widgets.load();
//loadDisqus(jQuery(this), disqus_identifier, disqus_url);
}, 6000);*/
}
//lastoff = last.offset();
//console.log("**" + lastoff + "**");
});
//$( ".content-area" ).click(function(event) {
// console.log(event.target.nodeName);
//});
/*$( ".comment-button" ).live("click", disqusToggle);
function disqusToggle() {
var id = $(this).attr("id");
$("#disqus_thread1" + id).toggle();
};*/
//$(".main-rhs2402133").theiaStickySidebar();
var prev_content_height = $(content_selector).height();
//$(function() {
var layout = $(content_selector);
var st = 0;
///});
}
}
});
/*}
};*/
})(jQuery);
.