The FinTech Hub
Source: Live Mint The unveiling of NPS Vatsalya, a contributory pension scheme for children, by Union finance minister Nirmala Sitharaman, first announced in her 2024-25 budget speech, marks an important step towards the social security of our citizens. The National Pension System (NPS) was envisaged in 2004 as a jointly funded contributory pension scheme for…
Source: Live Mint Many dreams were shattered on 22 September. About 13 million people rushed to BookMyShow for the 150,000 Coldplay tickets available. The British band is returning to India after a decade, with a concert in Navi Mumbai scheduled for January. In the resale market, a ₹6,450 ticket to the Coldplay concert is now…
Source: Live Mint The motor insurance industry is undergoing a transformation driven by rapid technological advancements, evolving consumer expectations, and the global shift toward sustainability. With the rise of electric vehicles, AI-powered claims processing and shared mobility, these emerging trends are reshaping the landscape of motor insurance. As the industry adapts to these changes, insurers…
Source: Live Mint One can find himself in a dire need of money any time. There could be an important family function ahead, a vacation that you can’t afford to postpone, a set of loans to consolidate in the immediate future, or a luxury item to buy important in the near future. For any of…
Source: Live Mint If you want to raise an instant loan to meet immediate financial need which could range from a medical emergency to paying for a vacation, make sure that you get the best deal possible. One of the key factors to consider is that the interest on personal loan does not carry any GST on…
Source: Live Mint I’m in my 50s and looking to draft my Will. I expect to inherit some assets from my parents, which may include their flat and financial holdings, after their passing. Can I include these future assets in my Will now, or will I need to make a new Will after I inherit…
Source: Live Mint According to data from primedatabase, as many as 104 SMEs (small and medium enterprises) have used BSE and the National Stock Exchange’s (NSE) SME platform to raise ₹3,405 crore in FY25 so far. This figure already surpasses half of the total funds raised by SMEs in FY24. Most of these IPOs are…
Source: Live Mint Let’s consider a real-life example. A friend of mine owned a property for which he was getting offers in the range of ₹4.25 crore to ₹4.5 crore. However, he was determined not to sell for anything less than ₹5 crore. He held onto the property for five years and finally sold it…
Source: Live Mint “The last car we had was a chocolate brown Skoda Superb that he got second-hand,” said Neil Parikh, son of Parag Parikh and now the chief executive of PPFAS MF. “His thought process was that once you buy a brand new car it depreciates 30% in value the moment you drive out…
Source: Live Mint Using a credit card can be daunting for beginners, but understanding its functioning can help you use it efficiently and make timely bill payments. Let’s dive into how credit cards work, key terms, and the process behind transactions. What is a credit card? A credit card is a form of borrowing with…
