A shitpost on a meme Facebook group draws attention to the perils of those who overpaid for an early Tesla Cybertruck when ...

Amortization breaks down large debts or asset costs into manageable payments over time. For loans, it means paying both ...

Referring to the rise of India’s fortune after the rupee was devalued in 1991, Sixteenth Finance Commission chairman Arvind Panagariya on Monday said the current policy of allowing the rupee to ...

Additional liquidity measures could be considered. The rupee’s sharp depreciation against the dollar and the resultant squeeze in market liquidity has made what was expected to be simple rate cut ...

'ZDNET Recommends': What exactly does it mean? ZDNET's recommendations are based on many hours of testing, research, and comparison shopping. We gather data from the best available sources ...

Let RBI be restrained in active forex management and aim for gradual depreciation, which is inevitable. Meanwhile, some other non-RBI policy responses designed to strength the rupee would include ...

On January 3, the People’s Bank of China (PBOC) allowed the yuan (also called the Renminbi), to weaken below the critical 7.3 mark against the US dollar. It would now take more yuan to buy one dollar.

Here are some examples on both end of the depreciation spectrum. Vehicles lose 20% of their value in the first year of ownership, and retain just 40% of their original value after five years.

B Prasanna, Head of Global Markets Group at ICICI Bank said that the rupee has performed better than many other currencies despite the recent strength of the dollar. He stated that while the rupee has ...

Here’s a method to calculate car depreciation and its value at the end of each year using the written down value (WDV) method: Car cost at the end of Year 1: Rs 10,00,000 - Rs 1,50,000 (15% of ...