Real-world asset tokenization is the crypto killer app — Polygon exec
Source: Coin Tegraph According to Colin Butler, financial institutions that don’t embrace blockchain technology will lose their relevancy and competitive edge. Read Full Article
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Robinhood, Revolut eye entry into stablecoin market — Report
Source: Coin Tegraph Both Robinhood and Revolut are reportedly considering issuing their own stablecoins as the industry continues to expand. Read Full Article
SBI Mutual Fund average AUM surges to record ₹11 lakh crore in Q2, surpassing competitors ICICI and HDFC | Stock Market News
Source: Live Mint SBI Mutual Fund, the country’s largest asset management company (AMC), has achieved a record average asset under management (AAUM) of ₹10.99 lakh crore in the September quarter (Q2 FY25), according to data from the Association of Mutual Funds in India (AMFI). The fund house concluded FY24 with an AAUM of ₹9.14 lakh…
Multibagger stock Suraj Estate tumbles 29% from recent peak. Is it a good chance to buy? | Stock Market News
Source: Live Mint Multibagger Stock: Shares of Suraj Estate Developers, a real estate construction company, have come under significant selling pressure, with the stock declining by 29% to ₹603 apiece in less than three months. This correction follows a sharp, one-way surge in the stock price between March and August 2024, which led to a…
H1FY25 Review: Mid and small-caps underperform Nifty in Sept even as they shine in H1FY25; where are they headed next? | Stock Market News
Source: Live Mint Despite a strong performance, the broader markets failed to beat the benchmark indices in September. While the Nifty Midcap index and the Nifty Smallcap index rose 1.76 per cent and 1.32 per cent, respectively, their performance lagged behind the 2.28 per cent rise in the Nifty benchmark index. The underperformance in mid-caps…
Banks restricting lounge access? These non-premium credit cards come to rescue
Source: Live Mint Earlier this year, Axis Bank and HDFC Bank had also introduced minimum quarterly spending caps of ₹50,000 and ₹1 lakh, respectively, on select cards to unlock lounge access on them. A senior bank official of a leading bank informed Mint that the lounge is increasingly becoming a loss-making feature given the increase in…
Bitcoin hashrate hits all-time high, boosting network security
Source: Coin Tegraph The growing Bitcoin hashrate and block reward reduction from the Bitcoin halving could lead to miner consolidation among smaller firms. Read Full Article
Magic of compounding: ₹1 lakh investment in THIS mutual fund at launch would have swelled to ₹14 lakh in 17 years | Mint
Source: Live Mint If you are contemplating investment in a mutual fund scheme, it is normal to examine its past returns. While looking at the trend of historical returns for a year or two usually can offer some insights, it often does not give a complete picture of how the scheme has fared over a…
Top 3 Altcoins To Buy For Explosive Growth Before October 24th: Solana Cardano and GoodEgg | TheSpuzz
Source: Bitcoinist The cryptocurrency market is known for its volatility, but that also means there are massive opportunities for those who know where to look. With a bull market around the corner, investors are scrambling to find the next big winners. As October approaches, three altcoins are standing out as the top picks for explosive…
Capital A launches Rs 400 cr fund to target manufacturing, climate startups
Source: Business Standard 2 min read Last Updated : Sep 20 2024 | 5:05 PM IST Venture capital firm Capital A has launched its second fund with a corpus of Rs 400 crore, aimed at startups in high-growth sectors like manufacturing, climate, fintech, and deep-tech. The fund intends to identify innovative technologies and business…