Inflation is characterized as a supported increment in the general level of costs for goods and services. It is measured as a yearly rate increment. As inflation increases, each dollar you possess purchases a littler rate of a product or service.
The nation has been gripped by rapid-fire economic reforms unleashed by the Congress-led UPA government. But a lot of these recent measures will lead to higher inflation in India, dimming the hope of cheaper credit and higher growth.
Over the last few days, the government has announced a slew of reform measures such as foreign direct investment (FDI) in retail, aviation and broadcasting as well as diesel price hike and capping the number of LPG gas cylinders per consumer per year. However....
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You're wondering what your best hedge against inflation is. Maybe gold? Stocks? How about education? Yes, education can be a great hedge against inflation.