The FinTech Hub
Source: Live Mint LONDON, Jan 30 (Reuters) – Is uranium a critical mineral? Not according to the U.S. Geological Survey (USGS), which dropped it from its critical minerals list in 2022 on the grounds it didn’t qualify because it was a “fuel mineral”. U.S. President Donald Trump wants it to think again. One of Trump’s…
Source: Live Mint Gold prices continued their upward trend for the second consecutive session, reaching a new all-time high of ₹83,800 per 10 grams in the national capital on Thursday, driven by strong global cues. As per the All India Sarafa Association, gold with 99.9% purity inched up by ₹50 to hit a fresh peak…
Source: Live Mint Expert view: Ajay Menon, MD & CEO, Wealth Management at Motilal Oswal Financial Services, believes several key events will keep the market sentiment cautious in the near term, making it difficult to say if the Indian stock market has bottomed out. In an interview with Mint, he said the Union Budget 2025…
Source: Live Mint Waaree Energies Q3 Results: Waaree Energies Limited announced its October to December quarter results on Thursday, January 30. The company recorded a 260 per cent year-on-year (YoY) rise in net profits to ₹507 crore in the third quarter, compared to ₹141 crore in the same quarter a year ago, according to the…
Source: Live Mint After a two-day Federal Open Market Committee (FOMC) meeting, the US Federal Reserve announced on January 29 that interest rates would remain unchanged at 4.25-4.50 per cent at this juncture. The US Fed chair Jerome Powell-led rate-setting panel last cut rates for three straight meetings starting September 2024 for the first time…
Source: Live Mint In India, this demand is driven by government investment in infrastructure projects like roads, railways, and housing. The real estate sector, a major consumer of cement, further supports this demand. India is the second-largest cement producer in the world, contributing 8% of the global installed capacity, second only to China. Despite this…
Source: Live Mint Budget Technical Outlook: As the Union Budget 2025 approaches, volatility remains a key concern. According to Motilal Oswal Financial Services (MOSL), the index has been forming lower highs and lower lows on monthly and weekly charts, witnessing a sharp correction of around 3,500 points from 26,277 to 22,786 over the last four…
Source: Live Mint Tata Motors Ltd’s shares nosedived to a new 52-week low of ₹683.20 apiece on Thursday, following muted December quarter (Q3FY25) results accompanied by adverse management commentary, especially with regards to its Jaguar Land Rover (JLR) business. The management has lowered JLR revenue guidance by 3% for FY25, while remaining optimistic of improving…
Source: Live Mint Kirloskar Pneumatic Company Limited has announced an interim dividend of ₹3.50 per share (175 percent) for the financial year 2024-25 (FY25). The record date to determine shareholders’ eligibility for the dividend is set for February 7, 2025, with the payment scheduled on or before February 25, 2025. In an official regulatory filing,…
Source: Live Mint (Bloomberg) — The South African Reserve Bank is set to lower borrowing costs by another frugal 25 basis points on Thursday while warning that uncertainty around US monetary and trade policies may hinder future cuts. Most economists in a Bloomberg survey expect Governor Lesetja Kganyago to reduce the benchmark interest rate to…
