The FinTech Hub
Source: Live Mint (Bloomberg Opinion) — Do people see residential property as a utility or an investment? Hong Kong’s property tycoons are racing to find out. Consider Uptown East in Kowloon Bay, developed by Wong Sun Hing Ltd. Its latest pre-sales pitch included a so-called “super flex stage payment plan”, where buyers only need to…
Source: Live Mint The Securities and Exchange Board of India (Sebi) has unveiled a proposal for promoting financial inclusion through the “sachetisation” of mutual fund (MFs) investments. Sachetisation refers to the process of offering financial products and services in smaller, more affordable packages, making them easier to access and manage. The initiative proposes offering small-ticket…
Source: Live Mint Small-cap stock below ₹100: Hazoor Multi Projects Limited on Wednesday, January 22, announced that the company will consider expansion plans to move into new and emerging business segments, according to the stock market filing. According to the filing data, the company aims “to strategically expand into new and emerging business segments that…
Source: Live Mint Denta Water and Infra Solutions Limited’s initial public offering (IPO), through a book-building process, offers an entire fresh issue of up to 75 lakh equity shares, which opened for subscription on January 22. According to the BSE data, the IPO was subscribed 17.07 times on the first day as investors subscribed for…
Source: Live Mint HDFC Bank, the largest private sector lender in India, announced its Q3 results today, January 22. HDFC Bank reported a marginal 2.2% year-on-year (YoY) rise in Q3FY25 net profit, while its net interest income (NII) growth was 8% YoY. Margins are likely to remain stable QoQ with a slight positive bias. The…
Source: Live Mint (Repeats item published earlier in the global day) NAPERVILLE, Illinois, Jan 21 (Reuters) – “Stairs up, elevator down.” The phrase may strike nerves for bullish speculators as it can take weeks or months for prices to build, but the gains can be wiped out much more quickly whenever sufficiently bearish hurdles surface….
Source: Live Mint PARIS, Jan 22 (Reuters) – White sugar futures rose on Wednesday but remained close to a three-year low hit in the previous session, pressured by news of India’s return to the export trade market, while robusta coffee extended its rise on a lower production outlook in Brazil. * White sugar was 1.6%…
Source: Live Mint With the Union Budget just a few days away, speculations are high about what Finance Minister Nirmala Sitharaman may announce on February 1 to stimulate economic growth and boost consumption. Budget 2025 is expected to strike a balance between fiscal prudence and economic growth. Amid slowing manufacturing activity, weak urban consumption, and…
Source: Live Mint New Delhi, Jan 22 (PTI) The National Stock Exchange (NSE) on Wednesday said its unique registered investors have crossed the 11 crore mark, with the latest 1 crore addition taking place in just five months, reflecting investor participation in the stock market through direct means. Investor registrations at the NSE have experienced…
Source: Live Mint By Bharath Rajeswaran and Indranil Sarkar (Reuters) -India’s benchmark indexes ended strongly on Wednesday, boosted by gains in HDFC Bank after its quarterly results, after having spent the day struggling due to worries about earnings moderation and U.S. trade policy. The Nifty 50 rose 0.57% to finish at 23,155.35, while the BSE…
