The FinTech Hub
Source: Business Standard 3 min read Last Updated : Oct 15 2024 | 1:11 PM IST Hyundai Motor IPO subscription status: South Korean automaker Hyundai Motor’s India arm, Hyundai Motor India, launched the country’s largest Initial Public Offering (IPO) today, but it has received a subdued response from investors so far. According to NSE data,…
Source: Live Mint The selling streak by foreign portfolio investors (FPIs) continues to grow, with another outflow of ₹3,731.60 crore from Indian stocks recorded in Monday’s trading session. This marks the 11th consecutive day of selling, highlighting a sustained trend of bearish sentiment among international investors towards the Indian equity market. This brings their total…
Source: Live Mint Are you holding shares or mutual fund units for your long-term financial goals? During a financial emergency, instead of selling a part of your investment, pledge it and take a loan against it. Pledging of shares/mutual fund units for a loan has benefits over selling them. Let us understand what is pledging,…
Source: Coin Tegraph Non-KYC crypto exchanges expose users to significant legal risks, including liability for money laundering, asset seizure and tax compliance issues. Read Full Article
Source: Business Standard 3 min read Last Updated : Oct 15 2024 | 11:47 AM IST The Reserve Bank of India (RBI) has proposed expanding the real-time gross settlement (RTGS) system to include transactions of the United States dollar, Euro, and British pound through bilateral or multilateral agreements. RBI Governor Shaktikanta Das also underscored…
Source: Bitcoinist Data shows the cryptocurrency derivatives sector has suffered a lot of liquidations as Bitcoin has rallied to the $66,000 mark. Bitcoin Has Now Recovered To The $66,000 Level The past day has been a great time for Bitcoin investors as the price has shown a sharp recovery surge, which has taken it to…
Source: Coin Tegraph Grayscale listed 35 cryptocurrencies it’s mulling to potentially include in its suite of crypto investment products. Read Full Article
Source: Business Standard Infosys(Photo: Shutterstock) 5 min read Last Updated : Oct 15 2024 | 12:27 PM IST Infosys, the second largest Indian information technology firm is scheduled to deliver its financial results for the second quarter (July-September) of fiscal year 2024-25 (Q2FY25) on Thursday, October 17. Analysts expect Infosys to log strong…
Source: Live Mint The Indian stock market has been undergoing a correction since September 27 and significantly underperforming its Asian peers. India is at a risk of seeing its premium valuations, held since May 2021, narrowing in the coming months. In contrast, global investors are increasingly drawn to the Chinese market due to its low…
Source: Business Standard Indian rupee hovered close to a record low on Tuesday (Photo: Shutterstock) 2 min read Last Updated : Oct 15 2024 | 11:54 AM IST The Indian rupee hovered close to a record low on Tuesday, pressed by a fall in its regional peers, while mild dollar sales from state-run banks…
