Since interest rates are higher for NRE deposits as compared to FCNR deposits, why would an NRI want to maintain his savings in an FCNR account instead of an NRE account? A local bank is running the following advertisement in the newspaper: "For just $1000 we ...
b) In whose income returns should such income be reflected? Since interest rates are higher for NRE deposits as compared to FCNR deposits, why would an NRI want to maintain his savings in an FCNR account instead of an NRE account? If you earn 8% per year on your bank accou...
Non-resident diaspora with an Indian passport tends to look for certain options that attract a steady flow of income. However, the Reserve Bank of India (RBI) has put some restrictions in place, forbidding the non-residents to invest in the government securities and bonds. But still, t...
I am an NRI and earning in USD. What is better, to invest USD in international mutual funds or to invest in Indian mutual funds after converting the USD into INR? I have 10 lakh rupees in my bank account what should I do? What are two ways to speculate in ...
On the one hand, in order to grasp this "carbon opportunity," enterprises that maximize profits will proactively improve their production processes, reduce the use of equipment and manufacture fewer products with large carbon emissions, and invest in assets with low levels of pollution [34–36]....