Types of Foreign Investment- Decoded- FDI, FII, FPI and QFI

There are different types of foreign investment. Foreign investors can invest in India either through Foreign Direct Investment (FDI) or Foreign Institutional Investment (FII). Types of Foreign Investment 1) Foreign Direct Investment Foreign direct investment (FDI) is when a foreign company or individual makes an investment in India that involves either (i) establishing new business …

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Interconnection Usage Charges IUC cut by TRAI- Explained

The Telecom Regulatory Authority of India (TRAI) has slashed Interconnection Usage Charges (IUC) from 14 paise per minute to 6 paise per minute from Oct 1, 2017. TRAI has also decided to abolish the IUC regime completely by 2020 and move to a Bill and Keep (BAK) regime. What is Interconnection Usage Charges (IUC)? IUC …

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Changes in GST in the 22nd GST Council Meeting (Oct 2017)

On 5th October 2017, the GST council, headed by the Finance Minister Arun Jaitley, announced a slew of changes in the GST. It was done to ease compliance norms for small and medium sector enterprises (SMEs). [You may read this article to understand GST: The Goods and Services Tax Explained] The GST council reduced GST rates …

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All you need to know about the Economics Nobel Prize for Richard Thaler

The 2017 Nobel prize in Economic Science has been awarded to Richard H. Thaler. He was a Professor of Economics at the University of Chicago. Thaler has been recognised for his ‘contributions to Behavioural Economics.’ Economists make simplified assumptions about the economy to develop economic models. A common assumption is that individuals are perfectly rational and …

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Balance of Payment (BOP), Current Account & Capital Account Explained

Balance of payments (BOP) The Balance of payments (BOP) is the accounting record of all economic transactions between residents of the country and the rest of the world in a particular time period. These transactions are made by individuals, firms, and the Government. Hence, the BOP is the record of a country’s exports, imports, foreign …

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Repo, Reverse Repo, LAF, CRR, SLR, MSF, Bank Rate, OMO, MSS- Explained

[Updated on 27th Feb 2022] The RBI’s Monetary Policy Committee (MPC) meets every two months/ bi-monthly to review its monetary policy. [Read: The Monetary Policy Committee (MPC) Explained] Monetary policy is the action taken by the RBI  to control the amount of money supply in the economy. RBI has several monetary policy tools at its …

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