The FinTech Hub
Source: Business Standard SEBI(Photo: Shutterstock) 2 min read Last Updated : Sep 23 2024 | 5:40 PM IST Indian retail traders made net losses totalling 1.81 trillion rupees ($21.67 billion) in futures and options trading in the three years to March 2024, the markets regulator said in a study on Monday. A…
Source: Business Standard Illustration: Binay Sinha 2 min read Last Updated : Sep 23 2024 | 7:58 PM IST Reflecting the build-up of stress due to a rise in delinquencies, the credit costs of microfinance companies are expected to rise to 3.0–3.5 per cent in the current financial year (FY25) from around 2.0 per…
Source: Business Standard 4 min read Last Updated : Sep 23 2024 | 7:28 PM IST Foreign portfolio investors (FPIs) have pumped over Rs 87,000 crore (over $10 billion) into domestic equities this quarter—the most since the three months ending June 2023. A combination of better growth prospects, increased weightage in global indices, and…
Source: Business Standard Face authentication allows pensioners to submit their life certificates from home, eliminating the need to visit a bank or pension disbursal office Read Full Article
Source: Business Standard 3 min read Last Updated : Sep 23 2024 | 6:28 PM IST Markets regulator Sebi on Monday imposed a penalty of Rs 1 crore on Anmol Ambani, son of industrialist Anil Ambani, for his failure to exercise due diligence while approving general-purpose corporate loans in Reliance Home Finance matter. …
Source: Business Standard 3 min read Last Updated : Sep 23 2024 | 5:16 PM IST Many taxpayers are waiting for their income tax refunds for the income tax return (ITR) filed for the financial year 2023-24 (assessment year 2024-25). However, can someone request an income tax refund from the Income Tax Department for…
Source: Business Standard 4 min read Last Updated : Sep 23 2024 | 6:05 PM IST Retail traders remain at the wrong end of the stick when it comes to equity derivatives trading, with 93 per cent of them incurring an average loss of Rs 2 lakh per trader during the last three financial years,…
Source: Business Standard 3 min read Last Updated : Sep 23 2024 | 5:22 PM IST LIC Mutual Fund is set to introduce a new daily Systematic Investment Plan (SIP) option starting at Rs 100, according to media reports. This move aligns with the Securities and Exchange Board of India’s (SEBI) initiative to promote micro-SIPs…
Source: Business Standard Illustration by Binay Sinha 4 min read Last Updated : Sep 23 2024 | 3:13 PM IST Shares of Amber Enterprises hit a record high of Rs 5,177.95, skyrocketing 19 per cent on the BSE in Monday’s intra-day trade on expectation of strong earnings growth. The company\, engaged in household appliances…
Source: Business Standard Illustration: Ajay Mohanty 3 min read Last Updated : Sep 23 2024 | 4:14 PM IST Bank of Baroda has partnered with EaseMyTrip.com to launch a co-branded travel debit card from a public sector bank. Announced on September 23, 2024, the Bank of Baroda EaseMyTrip Co-branded Debit Card offers an combination of…
