I am an Indian citizen working in Singapore. I have an education loan for which I have monthly EMIs. Currently I transfer money to my parents account and they pay the loan EMIs.
Kindly advise on:
What is the best and most economical way for me to pay the loan EMIs directly? (whether from a Singapore account or a NRE/NRO account)
For all expenses I make in India (e.g shopping, general expenses in India visits) what account should I be using, ideally? Is the route to transfer into NRE then NRO and then withdraw from NRO?
If I plan to make any investments in SIPs/Stock markets, should I link my NRE account with a demat account and directly use that? If I sell the shares will the earnings come back into NRO or NRE?