As the name suggests and unlike the other two types of bank accounts, FCNR accounts are maintained in foreign currency. The principal and interest from these accounts are transferable, but the interest earned is not taxed in India. Did you find an account that suits you? Open anHDFC Bank ...
Check the different types of credit cards in India & choose the best to suit your need. Each type of credit card lets the user enjoy specific benefits & features.
Emerging Markets Bonds Emerging markets bonds, issued by the Indian government, are issued abroad as hard currency to raise capital for economic development in third-world countries. What’s different about these bonds is that they are usually issued in U.S. dollars or the euro, which can make...
NRE is one of the many types of NRI bank accounts. NRIs use it to transfer foreign earnings to India. With this account, you can deposit money in a foreign currency and freely repatriate back to your country of residence. Once the money is deposited in foreign currency, it is converted ...
The Current Spot Rate of INR/USD is 0.014286 $, which effectively means that one rupee of Indian currency is equivalent to 0.014286 dollars. The current risk-free rate is 4% in the United States and 8% in India. Based on the above information, we can derive the 180 day Forward Exchange...
For fees of programs in Singapore, Thailand, Australia, HongKong, Germany, Portugal, Italy and Kazakhstan please contact yoga@yogapoint.com Fees can be paid with any of the following ways Cash Currency - USD $, Sterling £ , Euro €, Canadian Dollar, Singapore Dollar, Australian Dollar, ...
The History of Tokenisation Tokеnisation has its roots in early currency systems whеrе physical tokens rеprеsеntеd valuable assets likе coins and banknotеs. The transition from physical tokеnisation to digital tokеnisation began in the 1970s with its usе in databasеs. ...
Otherwise, to fund projects, the government will have to print more currency or take loans leading to inflation in the economy. Hence the it is also responsible for controlling inflation. What are Money Market Instruments? Money market instruments are financial instruments that help companies, ...
Foreign Currency Non-Resident Account or FCNR accounts are maintained in foreign currency denominations. This is a Fixed Deposit Account that offers a fixed interest rate upon maturity. Accounts holders can avail of loans in India against their FCNR deposits. ...
Guarantee Agency (MIGA): MIGA was established in 1988 to promoteforeign direct investmentin developing countries. It offers political risk insurance (guarantees) to investors and lenders to protect against risks such as expropriation, breach of contract, war and civil disturbance, and currency in...