The FinTech Hub
Source: Live Mint In a tumultuous week for Indian markets, nine out of the top ten most valuable companies in India saw their market capitalization plummet by a staggering ₹4,74,906.18 crore. This significant erosion in value came as the broader market faced severe headwinds, with the BSE benchmark index plunging by 3,883.4 points, or 4.53…
Source: Coin Tegraph While Telegram did not specify a specific date for implementing NFT support for Gifts, its CEO said that the feature will be launched “later this year.” Read Full Article
Source: Live Mint Yet, even with e-visas and Electronic Travel Authorizations (ETAs) simplifying the process, travellers often face unexpected hurdles. From rejected applications to documentation pitfalls, understanding the fine print of these digital processes can be the difference between a smooth trip and a travel nightmare. Read this | How you can retire in Europe…
Source: Business Standard The central bank last hiked the repo rate to 6.5 per cent in February 2023 and since then, it has held the rate at the same leve (Photo: Shutterstock) 5 min read Last Updated : Oct 06 2024 | 1:54 PM IST The Reserve Bank is unlikely to cut the benchmark…
Source: Live Mint The primary market is all set to take a sigh of relief in the coming week, after a flurry, as only two new initial public offering (IPOs) are set to open for subscription. Among them, Garuda Construction will debut its public offering in the mainboard segment, while Shiv Texchem is preparing to…
Source: Live Mint IPO News Today Live Updates: Navigate the dynamic world of initial public offerings with our dedicated IPO News section. Here, we bring you the latest updates on companies stepping into the public market, offering insights into their financial strategies, valuation, and market reception. Whether you’re an investor looking for new opportunities or…
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…
