Amortization breaks down large debts or asset costs into manageable payments over time. For loans, it means paying both ...
'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.
“RBI not cutting rates will not prevent rupee depreciation, but it will hurt the growth prospects for 2025 and beyond,in our view. Therefore, the interest rate policy should not be linked to the ...
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 ...
Jayesh Mehta from DSP Finance explains the recent rapid depreciation of the rupee and its connection to the new RBI governor. He discusses the potential impact of FPIs and global market conditions on ...
"The pace of depreciation has definitely picked up in the recent past, and I see the rupee touching 86.50/$1 levels by March. January to March is a critical time. After March, the RBI is expected to ...
Q - Should a resident Indian having rental income from the US, take the benefit of depreciation and other reliefs allowed in the US and offer for tax on house property income on a net basis in India?