Understanding a Non-Resident Indian (NRI) Individuals might have to reside in other countries across the globe. It may be for their professional and personal requirements. Similarly, nationals from other countries may wish to reside in India. In both cases, the...

Dividend is the amount distributed to shareholders of a company. Companies use it as a mode to distribute the company's profits to its shareholders. Mature companies with consistent earnings over the past few years pay dividends to their shareholders. Also,...

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...

Introduction 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...

The advent of digital technologies has transformed everything around us including our investments. In this digital age, it is essential to have a Demat account for holding securities. However, your Demat account does not allow you to transact with them....

A stock market index is an indicator of an economy’s performance. It indicates the health of an economy by tracking the performance of the companies in the market. There are approximately 5,000 indices in the U.S., and this article covers...

Gross salary is the sum of the total amount of compensation paid by the employer company to the employee as a part of the employer-employee relationship. Given the increase in salaried workforce, it becomes really important to understand the basics...

An ESOP or an employee stock ownership plan is a strategic employee benefits plan. It is designed to reward employees with an ownership interest in the company. In other words, it is a profit-sharing plan devised by the company to...