The FinTech Hub
Source: Live Mint With Donald Trump winning the US Presidential Elections 2024, investing in the US stocks has suddenly become sought after. The S&P 500 briefly surpassed the 6,000-mark and closed with its biggest weekly percentage gain in a year, reported Reuters. This has prompted several Indian investors to start exploring options to invest in…
Source: Live Mint Taxpayers who are meant to get their accounts audited have only one week left to file their income tax return (ITR) for AY 2024-25. The last date to file income tax return for these taxpayers is November 15. The income tax department recently issued a statement that says that it’s the last…
Source: Live Mint Are you looking to invest in a safe financial instrument for a long term investment? Besides fixed deposit (FD), bonds or debt mutual funds, one can invest in a post office small savings scheme. Among all these options, one of the popular small savings scheme is public provident fund (PPF). Investment in…
Source: Live Mint ‘You beat up a director?!’ an incredulous stuntman Bunny grins at small-time actress Honey as he hands her a cup of tea. Thankfully this is not going to be a khichdi of The Fall Guy and The Dirty Picture. Honey offers to be literally a honey trap and soon she’s involved with…
Source: Live Mint It is common among investors to examine the past returns of a scheme before deciding to invest. When small and mid cap stocks are seen as too risky for their high valuation, investors are recommended to invest in large-cap stocks or mutual funds for their fair current valuation. Large cap funds Large…
Source: Live Mint Credit cards have been increasingly reducing benefits and in certain cases have been withdrawing them totally in a bid to curb wrong usage. But what options does a customer, who takes a credit card solely for its benefits, have when they are withdrawn suddenly? RBI guidelines Card issuing banks have to give…
Source: Live Mint Fund managers, advisors and market watchers are always talking about asset allocation. Asset allocation means diversifying your investments across different assets like equity, gold, real estate and fixed return securities among others. Asset prices go through cycles and having a diversified exposure allows you to safeguard overall portfolio returns when any one…
Source: Live Mint Warren Buffett’s most famous advice is to buy companies with strong moats when they’re available at reasonable valuations. But do you know his second most famous piece of advice? Buy a low-cost index fund. That’s right. Despite building his wealth through active stock investing, Buffett advises the average investor to pursue a…
Source: Live Mint If you have already accumulated a considerable chunk of corpus in your EPF (Employees Provident Fund) account then you can use the money for any of the purposes given in the rules. As an EPF subscriber, you are supposed to fill form 31 to be able to withdraw the money. First of…
Source: Live Mint Before investing in a fixed deposit (FD), it is recommended to compare the interest rates offered by different banks. Typically, banks offer a higher rate of interest to the term deposit of a long tenure. Conversely, short tenure term deposits offer a relatively lower interest rate. Here, we list out the interest…
