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A Reddit user's Rs 2 crore fixed deposit query sparked debate on inflation, opportunity cost, and tax inefficiencies versus equities. While FDs offer stability, users argued equities provide better long-term returns, compounding benefits, and protection against wealth erosion.
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Before that Solicitor General of India Tushar Mehta and Senior Counsel Amit Desai appeared for Sebi (Securities & Exchange Board of India) Buch and a WTM (whole time member) Bhatia and BSE officials Pramod Agarwal, BSE Chairman respectively and sought the courts intervention to hear the matter expeditiously.
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