The FinTech Hub
Source: Bitcoinist Horst Jicha, a German national charged with orchestrating a $150 million crypto fraud scheme, has become a fugitive after failing to appear in a Brooklyn federal court. Jicha was reportedly under home detention in New York City, having secured a $5 million bond guaranteed by his domestic partner and children. Trial Set For…
Source: Live Mint I had invested in Sovereign Gold Bond (SGB). I opted for early redemption after the completion of five years. Are the profits made on such early redemption also tax-exempt, like redemption on maturity? Am I required to declare long-term capital gains on these bonds in my ITR2? A Sovereign Gold Bond (SGB)…
Source: Live Mint Elon Musk unveiled Tesla Inc.’s highly anticipated self-driving taxi at a flashy event that was light on specifics, sending its stock sliding as investors questioned how the carmaker will achieve its ambitious goals. The chief executive officer showed off prototypes of a slick two-door sedan called the Cybercab late Thursday, along with…
Source: Business Standard The tied grants will focus on core services such as sanitation, maintenance of open-defecation free (ODF) status and water management, including rainwater harvesting, water recycling, and treatment of household waste 2 min read Last Updated : Oct 12 2024 | 2:09 PM IST The Union Government has released the first instalment…
Source: Bitcoinist According to a recent Bloomberg report, blockchain data firm Arkham Intelligence, backed by Sam Altman, the founder of OpenAI, is preparing to launch a crypto derivatives exchange in November. New Crypto Exchange On The Horizon According to a source familiar with the plans, Arkham is relocating its operations from London and New York…
Source: Live Mint Weddings in India have transformed into extravagant celebrations, often leading couples to seek significant funding. Wedding season is about to start, and this is the time when people start applying for wedding loans. This requires a well-thought-out decision to recognise and avoid predatory lending. Post-wedding debt can feel daunting, but with a…
Source: Live Mint Stocks to buy: Shares of JTL Industries are expected to surge by over 35 per cent, according to market experts, who see significant potential for the small-cap stock in the long term. With the steel sector rallying on the back of China’s stimulus efforts, JTL Industries is showing signs of a breakout….
Source: Live Mint Close on the heels of HDFC Bank upgrading the eligibility criteria for its premium credit cards and SBI increasing interest rates for its credit cards, ICICI Bank has reduced the benefits for customers across credit cards. There will be no reward points on government-related spending on ICICI credit cards. The bank has…
Source: Live Mint Buy or sell stocks: The Indian stock market continued to trade in a narrow range for yet another session on Friday last week. The Nifty 50 index ended 34 points lower at the 24,964 mark, below the psychological 25,000 level. The BSE Sensex shed 230 points and closed at 81,381, while the…
Source: Bitcoinist On October 10, 2024, Japanese investment firm Metaplanet added another 108 Bitcoin (BTC) to its reserves, bringing its total holdings to over 748 BTC. Metaplanet Eyes 1000 Bitcoin Target In its third purchase of October, Metaplanet acquired an additional 108 BTC at an average price of $61,659. The firm’s total reserves now stand…
