The FinTech Hub
Source: Live Mint Usually when a personal loan is disbursed, the loan seeker is free to use the money for anything s/he wishes to. Unlike home loan repayment, personal loan borrowers are not given any income tax benefit. However, this rule is subject to certain exceptions. One can claim income tax benefits on interest paid when the…
Source: Business Standard RBI, Reserve Bank of India | Image: Bloomberg 4 min read Last Updated : Oct 08 2024 | 9:07 AM IST By Anup Roy and Subhadip Sircar India’s new monetary policy committee may lay the ground for an interest rate cut on Wednesday as a wave of global easing kicks off and…
Source: Coin Tegraph The North Dakota Senate has passed a bill that regulates crypto ATMs while re-adding a provision capping daily transactions at $2,000 per user that was originally dropped by the state’s House. The state’s Senate passed House Bill 1447 in a 45-to-1 vote on March 18. The bill was introduced to the state’s…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25762801/629538437.jpg?w=600&resize=600,400&ssl=1 "Kodak pauses film production for factory upgrades to help meet demand")
Source: The Verge Eastman Kodak has temporarily paused all film production. The news comes as part of a shutdown in November allowing the company to upgrade and modernize its Rochester, New York factory, according to a report by Kosmo Foto. The decision was announced by Kodak CEO Jim Continenza during the company’s Q3 2024 quarterly earnings…
Source: Live Mint Swiggy IPO: Food and grocery delivery giant Swiggy is set to make its stock market debut next week with the launch of its initial public offering (IPO). Swiggy IPO is set to hit the Street on November 6 and the SoftBank-backed company plans to raise more than ₹11,000 crore from the primary…
Source: Coin Tegraph Crypto analysts say a daily close above $65,000 will confirm “bullish momentum,” but a possible reversal still can’t be ruled out. Read Full Article
Source: Coin Tegraph DBS Bank has launched its “DBS Token Services” for real-time blockchain payment settlements, using smart contracts for enhanced security and transparency. Read Full Article
Source: Bitcoinist In the last week, Bitcoin (BTC) secured an all-time high above $109,000 as Billionaire Republican Donald Trump became the 46th US President. However, the premier crypto asset has since declined, with its current market price now below $105,000. Interestingly, current data on Bitcoin holders’ profitability backs the bullish structure of the market indicating…
Source: Live Mint New Delhi: Smartphone maker Xiaomi is expected to bring a number of generative AI user applications to its smartphones in India by the end of this fiscal, three people with knowledge of the matter said. The move, which could begin with Xiaomi’s upper-mid range smartphones priced at around ₹40,000, may help democratize…
Source: Live Mint KEI Industries Ltd is preparing to carry out its enhanced capital expenditure (capex) guidance. The cable and wire company recently completed a fundraise of ₹2,000 crore through a qualified institutional placement (QIP) at ₹3,800 a share. These funds are expected to help its balance sheet and support its greenfield expansion at Sanand…
