The FinTech Hub
Source: Business Standard Illustration: Ajay Mohanty 4 min read Last Updated : Sep 17 2024 | 10:15 AM IST The Reserve Bank of India (RBI) has imposed a Rs 1 crore penalty on HDFC Bank for violating guidelines related to the engagement of recovery agents. The bank’s recovery agents were found to have contacted customers…
Source: Live Mint An average Indian, as per Crisil’s research, owns just two. Will Indians start buying footwear in the years ahead with the rise in per capita income? As the numbers show, India’s per capita footwear consumption has not changed in years. Hence, we would not recommend betting your money on that. So,…
Source: Coin Tegraph Bhutan’s investment arm, Druk Holdings, holds more than 13,000 BTC, which is more than double El Salvador’s stash. Read Full Article
Source: Business Standard 3 min read Last Updated : Sep 17 2024 | 12:01 PM IST Globus Spirits hits 52-week high: Shares of alcohol manufacturer Globus Spirits rose as much as 3.95 per cent to hit a fresh 52-week high of Rs 1,373.35 per share on September 17, 2024. The shares of Globus…
Source: Business Standard 2 min read Last Updated : Sep 17 2024 | 11:07 AM IST Australia is set to introduce a new ballot system starting in the 2024-25 programme year to manage the demand for Work and Holiday visa for Indian, Chinese, and Vietnamese citizens. What is the Work and Holiday visa?…
Source: Bitcoinist As the broader crypto market faces significant price corrections, primarily driven by Bitcoin’s (BTC) nearly 5% drop on Monday, one token has emerged as a standout performer. Black Agnus and its native token, FTW, have captured attention with an extraordinary surge of 507% in just 24 hours, alongside a significant 183% increase in…
Source: Coin Tegraph Trade group UK Finance hailed experiments on the Regulated Liability Network as a success but called for further talks with regulators to develop the system. Read Full Article
Source: Live Mint Small-cap stock Krishival Foods jumped over 4 per cent in intraday trade on NSE on Tuesday, September 17, a day after the company announced it acquired a 52.94 per cent stake in Melt ‘N’ Mellow Foods Private Limited. Krishival Foods share price opened at ₹312 against its previous close of ₹302.45 and…
Source: Business Standard 5 min read Last Updated : Sep 17 2024 | 11:06 AM IST Amid the market revival in the last 4 trading sessions, 11 out of 180 stocks traded in the derivatives segment have been able to rally more than 5 per cent. Prominent among these has been Dixon Technologies –…
Source: Live Mint “This tax is as high as 35%, the same as what people earning above ₹1 crore pay,” said Harsh Roongta, founder of Fee Only Investment Advisers. How so? That’s because of compulsory contributions to state insurance schemes and pension funds that are “akin to a tax” because of the difficulty in accessing…
