The FinTech Hub
Source: Live Mint The yield curve is a key barometer in financial markets, illustrating how interest rates vary across bond maturities. Typically, an upward-sloping curve signals optimism about economic growth, with longer-term bonds offering higher yields. However, when the curve inverts—where short-term yields surpass long-term ones—it can raise red flags, often seen as a precursor…
Source: Business Standard In the debt markets, FPIs pulled out 900 crore through the General Limit and invested Rs 190 crore via Voluntary Retention Route (VRR) during the period under review | Photo: Shutterstock 2 min read Last Updated : Oct 06 2024 | 11:14 AM IST Foreign investors turned net sellers in October,…
Source: Business Standard Worsening tensions in the Middle East and foreign fund outflows were the major culprits behind the equity markets sharp fall last week | (Photo: Shutterstock) 3 min read Last Updated : Oct 06 2024 | 11:20 AM IST The Reserve Bank of India’s (RBI’s) interest rate decision, Middle East conflict and…
Source: Bitcoinist PEPE’s recent price action is raising concerns among traders, as bullish momentum appears to be fading. After attempting to rebound, the token faced strong resistance at the $0.00000963 mark, signaling a potential shift in market sentiment. With bulls struggling to maintain control and selling pressure mounting, the door is now open for further…
Source: Live Mint Gold and Silver Prices Today: Gold prices experienced a minor decline on Sunday. The cost of 24 carat gold is Rs.7784.3 per gram, down by Rs.10.0. The cost of 22 carat gold is Rs.7137.3 per gram, also down by Rs.10.0. The price change in 24 carat gold over the past week has…
Source: Bitcoinist David Carmona, founder of the cryptocurrency Ponzi scheme IcomTech, has received a 10-year prison sentence following a court ruling in the last week. This development was revealed on October 4 by the US Attorney’s Office, Southern District of New York. Carmona To Serve 121 Months In Jail For Crypto Fraud According to the…
Source: Bitcoinist Shiba Inu (SHIB) rallied over 5% in the last 24 hours, leaving Dogecoin (DOGE) behind, as the largest meme coin by market cap recorded lesser gains. Onchain data shows that crypto whales, considering the whale activity for both meme coins, seem to be favoring Shiba Inu over Dogecoin at the moment. Why Shiba…
Source: Business Standard Markets faced heavy drubbing last week amid worsening tensions in the Middle East and foreign fund outflows | (Photo: Shutterstock) 2 min read Last Updated : Oct 06 2024 | 10:07 AM IST Nine of the top-10 most valued firms together lost a whopping Rs 4,74,906.18 crore in market valuation last…
Source: Live Mint Food delivery giant Zomato revealed that it has granted a total of 11,997,768 shares under its employee stock ownership plans (ESOPs). The announcement was made on Wednesday, October 2, 2024. With Zomato’s shares closing at ₹275.20 on the Bombay Stock Exchange (BSE) during the last trading session of the week, the total…
Source: Coin Tegraph The “LEGO Coin” token appeared on the toy manufacturer’s homepage for roughly 75 minutes before being taken down, onlookers said. Read Full Article
