Financial markets play a crucial role in the economy by facilitating the exchange of funds between savers and borrowers. They serve as platforms for trading financial assets, such as stocks, bonds, and derivatives, and contribute significantly to economic growth and stability. This article explores the key functions of financial markets and their importance in the […]
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Banks are integral to the financial system, yet they operate differently based on their specific functions and services. Among the various types of banks, investment banks and commercial banks stand out as particularly significant. While both play crucial roles in the economy, they serve different purposes and cater to distinct needs. Here’s a closer look
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The global financial system is a complex web of institutions, markets, and instruments that enable the movement of capital and investment across borders. It plays a vital role in promoting economic growth, supporting international trade, and helping countries maintain their financial stability. This article examines the components, functions, and challenges of the global financial system.
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Maintaining accurate and current books of accounts is essential for businesses of all sizes. This practice not only ensures compliance with legal obligations but also provides valuable insights into the organization’s financial health. This article discusses the mandatory nature of maintaining books of accounts, the benefits of diligent record-keeping, and specific regulatory requirements. Why Maintaining
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Trusts are significant legal instruments that enable individuals to manage and distribute assets for the benefit of designated beneficiaries. They play an essential role in estate planning, asset protection, and charitable contributions. Trusts can be broadly divided into two main categories: public trusts and private trusts. This article offers an in-depth look at these types
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Gratuity is a significant employee benefit provided by employers as a token of appreciation for an employee’s long service to the organization. This article explores what gratuity is, how it works, its legal framework, and the various considerations for both employers and employees. What is Gratuity? Gratuity is a monetary benefit given to employees who
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Introduction India is one of the fastest growing economies globally. It has – Substantial human potential and – A large market comprising over 1.2 billion people. The opportunities present in India have attracted a large amount of Foreign Direct Investment (FDI) into the country. Each year, the FDI inflow increases due to many foreign businesses
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