The FinTech Hub
Source: Bitcoinist Bitcoin, the largest crypto asset appears to be experiencing heightened optimism among investors as evidenced by the consistent decline in the digital asset’s balances on several cryptocurrency exchanges. Particularly, the drop in BTC exchange reserves denotes that investors might be less inclined to sell their holdings in the short term, which is frequent…
Source: Live Mint “Earn ₹200 crore in 30 years through a ₹5,000 monthly SIP in a smallcap index,” screamed a video on social media. The video rather boldly based the calculations on the 30% annual returns of a Nifty Smallcap 250 index fund over the past five years. While such returns are attractive, they’re not…
Source: Coin Tegraph Matrixport has completed its all-cash acquisition of Switzerland-based Crypto Finance Asset Management. Read Full Article
Source: Live Mint German emerging markets fund manager Mark Mobius is expecting that the Sensex may touch one lakh by the end of this year. “We are now on a long term bull market and I see sensex index going up to a 100,000,” Mobius said while speaking to CNBC TV-18. However, Mobius also mentioned…
Source: Business Standard 3 min read Last Updated : Sep 30 2024 | 12:10 PM IST India is set to offer 100,000 free visas to foreign tourists as part of the Ministry of Tourism’s new “Chalo India” campaign. This initiative, revealed during the World Tourism Day celebrations at Vigyan Bhawan, New Delhi, seeks to…
Source: Live Mint The date of acquisition for the property inherited by you from your father will be the date on which your father had purchased the property. The cost and date of acquisition for a capital asset acquired under a will or as a gift, will be the cost and the date for which,…
Source: Coin Tegraph As Bitcoin becomes more institutionalized, some argue that it is losing ties to its founding principles of decentralization. Read Full Article
Source: Business Standard 3 min read Last Updated : Sep 30 2024 | 2:35 PM IST Shares of Shakti Pumps were locked in the 5 per cent upper circuit on the BSE after the company announced a 5:1 bonus issue to its existing shareholders on Monday. The company’s board of directors meet which is scheduled…
Source: Live Mint Multibagger stock: Pitti Engineering share price has seen a remarkable 116% surge over the course of one year, providing multibagger returns for its investors. Specialising in components for rotating electrical equipment (motors) and precision machining, Pitti Engineering is an integrated manufacturer that contributes approximately 70% of a motor’s total value and around…
Source: Business Standard Illustration: Binay Sinha 3 min read Last Updated : Sep 30 2024 | 1:50 PM IST ICICI Prudential Mutual Fund on Monday launched two new investment products aimed at value-conscious investors: the ICICI Prudential Nifty200 Value 30 ETF and the ICICI Prudential Nifty200 Value 30 Index Fund. The new offerings will…
