The FinTech Hub
Source: Live Mint The Indian stock market has witnessed a significant decline over the past five months. The Nifty 50 has dropped by approximately 15.8%, while the BSE Sensex has corrected by around 14.9%. In the last month alone, the Nifty 50 has lost about 7.24% of its value. This decline can primarily be attributed…
Source: Coin Tegraph Key takeaways AI trading bots analyze data and execute trades instantly, outperforming manual trading. ChatGPT-powered bots use NLP and ML to factor in sentiment, news and technical indicators. A clear strategy is key. Trend following, arbitrage or sentiment-based trading boosts accuracy. Bots continuously learn and adapt, refining strategies and optimizing risk management….
Source: Live Mint Sticking to his previous stance, U.S. President Donald Trump on Monday reiterated that 25% levies on imports from Mexico and Canada would go into effect on Tuesday, dashing investors’ hopes of a last-minute deal to avert the full tariffs on the two U.S. allies. In addition to confirming that tariffs on the…
Source: Bitcoinist US presidential son Eric Trump urged the traditional financial sector and Wall Street to evolve and embrace cryptocurrencies before they get left behind. Trump made the remark after his father, US President Donald Trump, announced that the US government is moving towards the creation of a Strategic Crypto Reserve. Cryptos Are Imperative Trump…
Source: Live Mint The Insurance Regulatory and Development Authority of India (IRDAI) has warned general and health insurance companies against rising commission payouts, which have led to higher premiums for insurance holders, reported CNBC-TV 18, citing sources on Tuesday. The regulator has also urged firms to contain commissions to avoid strict actions in the future….
Source: Coin Tegraph A cryptocurrency subsidiary of the Japanese financial conglomerate SBI is preparing to roll out support for Circle’s USDC stablecoin as local regulators soften stablecoin rules. On March 4, SBI VC Trade announced the completion of the first registration related to stablecoin transactions, enabling the firm to start processing USDC (USDC) transactions. After…
Source: Live Mint In case of a sudden medical expenditure, Indians take a loan generally to bridge the gap. However, between a medical loan and a personal loan, do you opt for one over the other? Read ahead for both of them to choose wisely: Medical loans: They are meant for medical expenses Medical loans…
Source: Coin Tegraph Bybit CEO Ben Zhou confirmed that $280 million of the $1.4 billion stolen from the exchange has been laundered and is no longer traceable. Still, about $1.07 billion remains trackable, allowing investigators to continue their efforts to recover the funds. On March 4, Zhou provided an update on the movement of 500,000…
Source: Live Mint The Indian stock market has seen a sharp downturn recently, leading to a flurry of reactions from investors and market experts. Amid the turbulence, ace investor Shankar Sharma’s thought-provoking tweet has struck a chord with market participants, highlighting a crucial but often overlooked aspect of investing — exit strategies. Sharma, known for…
Source: Live Mint On 13 February, finance minister Nirmala Sitharaman introduced the much-awaited bill to replace the existing Income-Tax Act, 1961. Among the changes proposed in the Income-Tax Bill, 2025, a significant one that cannot be overlooked is the extensive power granted to tax authorities to carry out searches of tax evaders. The bill has…
