How can a nri invest in fds in india ?

Hello,

I have the following query regarding taxation of FDs in case of NRI's:

(a) I am a Indian Citizen working abroad for the last 1 year. I want to invest in FDs in India. I have a SB account. Can I transfer money to my Indian Account and invest in FDs?

             (sub question) What will be the tax implication for me?

(b) I want to transfer some money to my parents accounts. Will interest earned by my parents's FD be clubbed with my income in India?

             (sub question) What will be the tax implication for my parents and for me?

(c) What is the best way to transfer money to India and invest in FDs - Your suggestion ?

Thanks.