The FinTech Hub
Source: Live Mint The primary market is set to see significant activity beginning November 4, with four mainboard IPOs, including the anticipated Swiggy IPO, scheduled to launch on Dalal Street. Additionally, the SME segment will have one IPO opening next week. In October, the Indian stock market faced a substantial sell-off, with the Nifty 50…
Source: Live Mint There is a fundamental difference between financial investment products and other conventional products we consume. Investments have no ‘product’ with a look and feel. You are sacrificing your current consumption, expecting to get back a higher amount in future. An investment ‘product’ is created by a manufacturer through the brochure/other literature, and…
Source: Bitcoinist Craig Wright, the discredited “self-proclaimed” Bitcoin creator Satoshi Nakamoto, faces another legal hurdle. According to multiple reports, a UK court has filed contempt of court charges against Wright. The filing is based on Wright’s £911 million ($1.1 billion) complaint he filed against Block’s Square Up Europe Limited. The charge is the latest twist…
Source: Live Mint PIB Fact Check: The government’s Press Information Bureau (PIB) has warned unsuspecting customers to be aware of a ‘SBI Rewards’ scam being used by fraudsters. In a post on social media platform X (formerly known as Twitter), the PIB Fact Check account warned users “never to download unknown files or click on…
Source: Live Mint The combined market capitalisation of six of the top-10 most-valued companies soared by more than ₹1 lakh crore last week, which saw a special Diwali Muhurat Trading session on November 1. Last week, the benchmark BSE Sensex rose 321.83 points, or 0.40%. Despite last week’s gains, the Sensex and Nifty 50 are…
Source: Bitcoinist The Shiba Inu price movement has been marked by ups and downs in the past seven days. Particularly, the meme coin rallied from $0.00001660 to $0.00001996 in three days before dropping sharply to $0.00001770 in the three days after. This volatile Shiba Inu price action resulted in a fluctuating profitability for many SHIB…
Source: Live Mint If you are an active investor and often earn gains on the sale of your securities, bonds or mutual funds, you should be mindful of the tax rate that applies on these transactions. The gains accruing on the sale of assets is taxed under what is known as capital gains tax regime….
Source: Coin Tegraph Researchers argue that “not all Bitcoin mining is equal” across countries, suggesting that bans in certain nations may cause more harm than good on a global scale. Read Full Article
Source: Live Mint Buy or sell: The Nifty 50 index wrapped up the week at 24,304, reflecting notable volatility as traders navigated through market dynamics. As the monthly expiry approached, a short covering rally provided a brief respite, enabling the index to bounce nearly 500 points and reaching nearby resistance levels around the 24,700-24,800 zone….
Source: Live Mint Gold And Silver Prices Today: Gold prices observed a slight decrease on Sunday. The cost of 24 carat gold is Rs.8057.3 per gm, down by Rs.150.0. The cost of 22 carat gold is Rs.7382.3 per gm, down by Rs.190.0. The price change in 24 carat gold over the past week has been…
