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Foreign direct investment in India is a major monetary source for economic development in India. Foreign companies invest directly in fast growing private auspicious businesses to take benefits of cheaper wages and changing business environment of India. Economic liberalisation started in India in wake of the 1991 economic crisis and since then ...
The Public Provident Fund (PPF) is a voluntary savings-cum-tax-reduction social security instrument in India, [1] introduced by the National Savings Institute of the Ministry of Finance in 1968. The scheme's main objective is to mobilize small savings for social security during uncertain times by offering an investment with reasonable returns ...
Nomura Research Institute (Japan's first full-fledged private comprehensive think tank) and Nomura Computer Systems, Inc. (Japan's first systems development company to use commercial computers for business purposes) merged to form the current Nomura Research Institute, Ltd.
Best investments for beginners. 1. High-yield savings accounts. This can be one of the simplest ways to boost the return on your money above what you’re earning in a typical checking account ...
Remittances to India are money transfers (called remittance) from non-resident Indians (NRIs) employed outside the country to family, friends or relatives residing in India. India is the world's top receiver of remittances, claiming more than 12% of the world's remittances in 2015. [1][2] Remittances to India stood at US$110 billion in 2022, US ...
Best books on investing for beginners 1. The Only Investment Guide You’ll Ever Need, by Andrew Tobias. If you are truly just starting out in your investing journey, this book is a great place to ...
Indian diaspora. Overseas Indians (ISO: Pravāsī Bhāratīya), officially Non-Resident Indians (NRIs) and People of Indian Origin (PIOs) are Indians who reside or originate outside of India. [30][31] According to the Government of India, Non-Resident Indians are citizens of India who currently are not living in India, while the term People of ...
Mutual fund statistics. The total Assets Under Management (AUM) of the Indian mutual fund industry as of December 31, 2023, stood at a staggering ₹ 50.78 trillion (US$610 billion). This is a significant milestone, marking over a six-fold increase compared to the ₹ 8.26 trillion (US$99 billion) recorded in December 2013.
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