The FinTech Hub
Source: Live Mint (Bloomberg) — Chinese data center firm Zdata Technologies Co. is considering a potential initial public offering in Hong Kong, according to people familiar with the matter. The company, whose clients include JD.com Inc., TikTok-owner ByteDance Ltd. and Tencent Holdings Ltd., has held early talks with prospective advisers as it evaluates the merits…
Source: Live Mint Now, that might sound like a lot, but let’s put it into perspective. India’s average savings rate is roughly 20%, which translates to about $500 billion saved annually. So, compared to the annual savings, the mutual fund AUM wasn’t as hefty as one might think. This indicated a significant growth opportunity. The…
Source: Live Mint Nifty 50 Stock Price Live Updates: At 08:30 Nifty 50 was trading at 24304.35 (0.41%). Today Nifty 50 has been trading in the range of 24368.25 to 24280.2. Nifty futures are at 24383.65 (0.0%) & with an open interest change of 0.37% which indicates Continuation of bullish trend in near future. Disclaimer:…
Source: Live Mint Stock Market News: Ahead of a significant US employment data that could potentially affect the scope and timing of the Federal Reserve’s interest rate cut, investors were nervous, and the domesticbenchmark indices, the Sensex and Nifty 50, posted their worst week in three months on Friday. The Sensex closed at 81,183.93, marking…
Source: Coin Tegraph The crypto market is up today, following a bullish performance from US equities markets and traders’ anticipation of an interest rate cut by the Federal Reserve. Read Full Article
Source: Bitcoinist The Royal Government of Bhutan has transferred approximately 929 Bitcoin (BTC), valued at around $66.16 million, to the crypto exchange Binance. On-chain data service Lookonchain first reported the transaction via X. The transfers occurred in two tranches: an initial 100 BTC (approximately $7.1 million) at 9:09 am UTC, followed by an additional 839…
Source: Business Standard Stock Market LIVE Updates, Tuesday, September 24, 2024: Indian equity benchmark indices were set for a positive open on Tuesday, after US benchmark indices S&P 500 and the Dow set fresh record closing highs on Wall Street overnight. At 7:28 AM, GIFT Nifty futures were trading at 25,982, around 70 points…
Source: Business Standard Illustration: Binay Sinha 2 min read Last Updated : Sep 23 2024 | 7:58 PM IST Reflecting the build-up of stress due to a rise in delinquencies, the credit costs of microfinance companies are expected to rise to 3.0–3.5 per cent in the current financial year (FY25) from around 2.0 per…
Source: Live Mint Mint recently spoke to a Jaipur couple who explored no less than 15 European countries over five weeks without breaking the bank. Here’s how they did it. Rucchika Samdan, a 34-year-old chartered accountant, and Rohit Nyati, also 34, who heads internal controls at AU Bank in Jaipur, set out on a 35-day…
Source: Bitcoinist Doggy-themed meme coin, Shiba Inu (SHIB) could be on the verge of a major market downturn as recent data reveals a major crash in the cryptocurrency’s whale transaction volume. This sharp decline in whale activity could have far-reaching implications for its price outlook, hinting at a possible decline. Shiba Inu Whale Transaction Plunge…
