Sensex and Nifty are market indices that represent the market. They are the benchmarks for the country's stock market trend, development in the industry, and individual investors' portfolios. This article covers in detail Sensex and Nifty, their calculation and the...

What is credit scrip India? Scrip is an alternative or substitute for a legal tender. The term scrip has reference in the Indian Foreign Trade Policy as 'Duty Credit Scrips'. It is one of the export incentives that the government...

Retirement planning is an essential part of financial planning. An increase in average life expectancy increases the need for retirement planning. Planning  for retirement not only ensures an additional source of income but also helps in dealing with medical emergencies,...

What is a Real Estate Investment Trust (REIT)? Real Estate Investment Trusts are similar to mutual funds. They pool money from multiple investors and use that to buy income-generating real estate properties. REITs manage these assets so that they can...

What is a redeemable security? Redeemable security is the one which can be liquidated into cash by the issuer at investor's request. The most common redeemable security available in the market is the open-ended mutual fund. Any open-ended mutual fund...

A Non-Resident Indian (NRI) account can be opened by an NRI or PIO with any authorized bank in India. In India, there are three types of NRI accounts, namely, NRE account, NRO account, and FCNR account. This article covers NRI...

Non-Resident External (NRE) account is a bank account for NRIs to transfer their foreign currency earnings to India. This account is very liquid, and all deposits are fully and freely repatriable to the NRIs country of residence. Moreover, the interest...

Nifty BeEs is an exchange-traded fund that replicates the S&P CNX Nifty Index. It is the first ETF introduced by the benchmark in 2002 January. It trades on the National Stock Exchange and hence can be bought or sold in...