Do you like taking risks when it comes to making investments? Have some cash and want to keep it liquid but wouldn’t mind some interest on it?
If you answered ‘yes’ to any of the questions above then Fixed Deposits (FDs) are an option you could consider.
If you are looking to invest in India, do you sometimes wonder where to start?
Do you think India with its mature capital market, relatively control free economy and backed by professional banking services offers diversified investment options?
The first step is to assess your personal need for liquidity, capacity to take risks and the returns you are looking for.
In the US, the Social Security card is of paramount importance as it helps to identify each resident taxpayer. Its Indian equivalent is the PAN card.
What is PAN?
Permanent Account Number (PAN) is a 10-digit alphanumeric code that is issued to taxpayers in the form of a laminated card.
The food processing industry is one of the largest in the country and is ranked fifth. Facts and figures show that India is the third largest producer of food, largest milk producer and largest livestock holder in the world.
India, the world’s second largest fruit and vegetable producer encounters a waste of close to $12 billion worth of produce.
Buying a house or property in India is relatively simple for an NRI /PIO. Any Indian who has been living abroad for employment, conducting business or pursuing a vocation is eligible for a NRI Housing loan! Personnel deputed abroad on short term or long term assignments with foreign governments or international agencies are also eligible for these loans.
According to the Central Statistical Organization of India, the advance calculation of economic growth rate for 2006-2007 has already crossed the 9% mark. India has also secured the number one place globally as wealth creator – a position mainly contributed to by its dynamic stock market and handsome returns.
NRI remittances may mean valuable foreign exchange for India, but for many households, it is a means of making two ends meet. Whether it’s a semi-skilled laborer in the Gulf or a software professional in Silicon Valley, every other NRI sends a part of his or her earning back home.
Invest In India