The FinTech Hub
Source: Live Mint Alternative investment funds (AIFs) have evolved from niche offerings to become a cornerstone of India’s financial ecosystem. With a remarkable compound annual growth rate (CAGR) of 31% over the past five years and commitments reaching ₹12.4 trillion as of September 2024, AIFs are poised to play an increasingly critical role in reshaping…
Source: Live Mint (Bloomberg) — The cost of FTX’s bankruptcy is approaching $1 billion, cementing the implosion of Sam Bankman-Fried’s crypto enterprise as one of costliest Chapter 11 cases in US history. Nearly $948 million was paid to more than a dozen firms hired to work on the bankruptcy through Jan. 2, and more than…
Source: Coin Tegraph Tron DAO said in an announcement that DeFi applications JustLend and JustStable — with over $6.5 billion in TVL — will use Chainlink’s data feeds. Read Full Article
Source: Business Standard The rupee rose 6 paise to 83.94 against the US dollar in early trade on Tuesday (Photo: Shutterstock) 2 min read Last Updated : Oct 08 2024 | 10:15 AM IST The rupee rose 6 paise to 83.94 against the US dollar in early trade on Tuesday supported by a weaker…
Source: Live Mint 2025 is an unusual year for Indian investors. Even though the Indian economy has so much potential, investors need to be careful of risks and pitfalls. Financial mistakes that investors should avoid making in 2025 Bandwagon riding without research: Riding the bandwagon of popular stocks or industries today without research may result…
Source: Live Mint Infosys Ltd’s September quarter (Q2FY25) results fell short of market expectations, leading to a nearly 5% drop in its share price on Friday. This was despite the IT major reporting a sequential constant currency (CC) revenue growth of 3.1%, exceeding consensus estimates. Excluding the retail sector, all other verticals grew quarter-on-quarter. As…
Source: Live Mint Shriram Finance dividend: The Non-banking financial services (NBFC) firm, Shriram Finance Ltd, announced its second interim dividend issue for the financial year 2024-25, at ₹2.50 per equity share of a face value of ₹2 apiece fully paid up, according to an exchange filling on Friday, January 24. The company “declared second interim…
Source: Venture Beat CONTRIBUTOR CONTENT: The cryptocurrency world has undergone many transformations in recent years. The global crypto market capitalization is currently at $2.19 trillion, which highlights the growing acceptance and integration of digital assets into mainstream finance. Amidst this rapid expansion, a distinct trend has appeared: the rise of personali… Read Full Article
/cdn.vox-cdn.com/uploads/chorus_asset/file/25628673/Screenshot_2024_09_18_at_4.46.56_PM.jpeg?w=600&resize=600,400&ssl=1 "Google Workspace users will see their Calendars front and center in Chrome")
Source: The Verge Google is adding a new daily calendar overview in newly opened Chrome tabs for Workspace users with easy access to schedules and video calls. That way, when you’re signed in with your organization’s account, the first thing you’ll see is your appointments and meetings, in addition to files stored in Google Drive….
Source: Coin Tegraph A Texas federal judge has entered a default judgment against Bancor DAO, which operated the decentralized finance platform Bancor, after it failed to respond to an online summons. Judge Robert Pitman issued the judgment after Bancor DAO did not appear to defend itself following a summons that was posted on the DAO’s…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25706773/2181637441.jpg?w=400&resize=400,250&ssl=1 "Why you’re seeing those gross political ads during the World Series")