The FinTech Hub
Source: Bitcoinist The once-flying Trump meme coin has crashed, costing investors billions of dollars. The so-called “Official Trump” coin, which once shot up to $75 per token, is currently only worth $16.00. According to grapevines, US President Donald Trump and his friends got away with a fortune, while regular traders suffered a severe blow. Early…
Source: Live Mint I have gifted some money to my daughter when she turned 16. We both are residents. I have set up her custodial account in US for investment in Nasdaq-listed stocks from this gifted money. I would like to understand the potential tax implications in India on this. -Name withheld on request As…
Source: Coin Tegraph Changpeng Zhao says Binance’s token listing process is flawed and suggests CEXs should automate listings like decentralized exchanges. Read Full Article
Source: Live Mint The gross non-performing assets (GNPAs) pertaining to gold loans in scheduled commercial banks (SCBs) and Upper and Middle-Layer non-banking financial companies (NBFCs) have increased by 18.14% from March 2024 to June 2024, according to a reply filed by the Ministry of Finance Read Full Article
Source: Live Mint Finance Minister Nirmala Sitharaman introduced customized credit cards for micro enterprises registered on the Udyam portal in her recent budget speech. This step was taken with the objective of strengthening India’s Micro, Small and Medium Enterprises (MSME) sector. These cards will come with a credit limit of ₹5 lakh each. These cards…
Source: Coin Tegraph Develop an AI-powered crypto trading agent that processes real-time market data, automates execution, manages risk, and continuously adapts for smarter, faster trading. Read Full Article
Source: Live Mint Stock market today: The Indian benchmark indices, Nifty 50 and Sensex, experienced selling pressure for the fourth straight session on Monday, February 10, with the Sensex dropping more than 650 points and the Nifty 50 nearing 23,340 during intraday trading. As of 14:11 IST, the Nifty 50 had declined 0.93% to reach…
Source: Live Mint Most investors consider gold safe haven, and investing in it generally gives an assurance of sorts that the money is safely locked in a reliable asset. This is not expected to deliver extraordinary returns just like equity. But perception can be different from reality. In the case of gold, it indeed is. In…
Source: Live Mint Chandan Healthcare IPO: The initial public offer (IPO) of Chandan Healthcare, which runs diagnostic centres in North India, kicked off for subscription on Monday, February 10 and will remain open till Wednesday, February 12. Chandan Healthcare IPO price band has been fixed at ₹151 to ₹159 per share, with the company looking…
Source: Bitcoinist In a move that has reignited ongoing speculation within the Bitcoin community, GameStop CEO Ryan Cohen met with Strategy (formerly MicroStrategy) Executive Chairman Michael Saylor on Saturday. Cohen subsequently shared a photo on X depicting him alongside Saylor—without providing any additional context. The post once again sparked rumors that GameStop could be contemplating…
