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A technique of neutralising risk by taking a position in the derivatives market that is opposite to one’s position in the cash market, thereby reducing or limiting the effect of … Read More
Term life insurance plan provides life cover to an individual. In simple terms, a lump sum amount (Sum Assured) is paid to the family members on demise of life insured. … Read More
A depository receipt is a type of negotiable financial security that is traded on a local stock exchange but represents a security, usually in the form of equity that is … Read More
Portraying a gloomy outlook for the global economy, International Monetary Fund (IMF) today said that it is in a dangerous phase as business activity has weakened and confidence has fallen … Read More
NEW DELHI: The Economic Survey on Friday said India has the fourth largest foreign exchange reserves, which helped the nation to tide over global financial crisis . India’s foreign exchange … Read More
What is monetary policy? A Monetary policy is the process by which the government, central bank, of a country controls (i) the supply of money, (ii) availability of money, and … Read More
The RBI (Reserve Bank of India ) revealed its plan to introduce plastic Indian currency in the market to address the fake currency issue. Amarendra Sahu, Regional Director of RBI, … Read More