The FinTech Hub
Source: Live Mint In 2024, despite the momentum in financialisation, the Nifty Bank index has underperformed, rising only 7% compared to the Nifty 50’s impressive 15.6% gain. This gap signals investor hesitation, with key banking stocks hovering around critical levels in both the public and private sectors. However, many banks maintain solid fundamentals and have…
Source: Business Standard 2 min read Last Updated : Oct 16 2024 | 1:31 PM IST Wockhardt shares rose 4.3 per cent on Wednesday and registered an intraday high of Rs 1127.25 per share. The pharma company’s stock gained after it filed for approval for its fast-acting insulin analog, Aspart injection, with India’s drugs…
Source: Bitcoinist Kenya Revenue Authority (KRA) announced its plan to switch its outdated system to a more efficient one as part of its tax system reform. The new system, powered by emerging technologies, is set to track crypto transactions in real time to fight tax evasion and foster a “more transparent” organization. KRA To Track…
Source: Business Standard Sweden plans to raise payments to immigrants who voluntarily leave the country by 2026. The new policy, announced in September 2024, will boost the current payment from 40,000 Swedish kronor to as much as 350,000 kronor (approximately Rs 28.5 lakh). “We are in the midst of a paradigm shift in…
Source: Business Standard 2 min read Last Updated : Oct 16 2024 | 12:50 PM IST Shares of Akums Drugs and Pharmaceuticals rose up to 5.32 per cent at Rs 928 a piece on the BSE after the company on Wednesday said that it has entered into a licence and distribution agreement with Canada-based…
Source: Live Mint Lakshya Powertech IPO: The initial public offering (IPO) of power generation firm Lakshya Powertech Limited opened in the Indian primary market on Wednesday, October 16. The IPO, available for subscription until Friday, October 18, has seen strong demand, with nearly 20 times oversubscription within the first two hours of its launch. The…
Source: Business Standard The funding will accelerate Budy’s AI development, focusing on tasks such as optimising Salesforce setups and improving sales pipeline efficiency | Photo: X@rtpvc 2 min read Last Updated : Oct 16 2024 | 12:28 PM IST Venture capital firm RTP Global has led a $4.2 million pre-seed funding round in Budy,…
Source: Business Standard 4 min read Last Updated : Oct 16 2024 | 11:28 AM IST The Finance Ministry has released a note in the form of frequently asked questions (FAQ) regarding the Direct Tax Vivad Se Vishwas Scheme, 2024. Click here to connect with us on WhatsApp “In order to…
Source: Live Mint If you are short of funds and do not have a clarity as to where to raise the loan from – you can rely on what is known as a ‘personal loan’. This is an unsecured loan offered by banks and financial institutions to meet the immediate needs of people. In case…
Source: Coin Tegraph After the latest $630,000 transfer, the Bitcoin whale has now sent $5.47 million worth of Bitcoin to Kraken in the last two months. Read Full Article
