The FinTech Hub
Source: Business Standard 1 min read Last Updated : Oct 02 2024 | 11:28 PM IST Average daily transactions on India’s unified payments interface (UPI) surged over eightfold, from 60 million in September 2020 to over 500 million by September this year since the pandemic. In September 2024 alone, UPI processed 15.04…
Source: Business Standard 6 min read Last Updated : Oct 02 2024 | 11:21 PM IST By Ruth Carson, Masaki Kondo and Winnie Hsu Japan’s investors are starting to lose their decades-long infatuation with overseas assets. Click here to connect with us on WhatsApp In the first eight months of the…
Source: Business Standard 2 min read Last Updated : Oct 02 2024 | 10:22 PM IST By Ameya Karve and Sharon Klyne BlackRock Inc., the world’s largest asset manager, is hunting for Indian direct lending opportunities in a broadening array of sectors from agriculture to hospitality as the nation’s booming private credit market…
Source: Business Standard 4 min read Last Updated : Oct 02 2024 | 8:10 PM IST The Ministry of Finance has released new guidelines for handling delayed tax refund claims and loss carry forward applications. The new guidelines issued on Tuesday increase the limit of tax refund claim amount in condonation of delay cases…
Source: Business Standard 5 min read Last Updated : Oct 02 2024 | 7:33 PM IST Workers in the UK’s hospitality and service industries will now benefit from a law guaranteeing them all the tips they earn, starting this week. The Employment (Allocation of Tips) Act, introduced through a Private Members’ Bill on Tuesday,…
Source: Business Standard 3 min read Last Updated : Oct 02 2024 | 5:10 PM IST Starting February 1, qualified stock brokers will have to either offer the facility of trading in the secondary market using the UPI-based block mechanism to their clients, similar to the ASBA facility, or a three-in-one trading account facility,…
Source: Business Standard 2 min read Last Updated : Oct 02 2024 | 6:45 PM IST The loan sanctions by non-banking finance companies (NBFCs) in the country rose by 12 per cent year-on-year (Y-o-Y) in the first quarter ended June 2024 (Q1FY25) with robust growth in segments like home, auto, and personal credit. Sequentially,…
Source: Business Standard Dalal Street investors added Rs 81.90 trillion to their wealth in 2023. | Photo: Shutterstock 4 min read Last Updated : Oct 02 2024 | 5:26 PM IST Investors’ wealth surged by a whopping Rs 110.57 trillion so far this year, driven by a remarkable rally in the stock market, where…
Source: Business Standard Illustration: Ajay Mohanty 3 min read Last Updated : Oct 02 2024 | 2:59 PM IST Private equity investments in India’s residential market are on the rise, fuelled by home-ownership trends and growing interest from domestic as well as foreign institutional investors. In the first nine months of 2024, investments in…
Source: Business Standard 1 min read Last Updated : Oct 02 2024 | 5:26 PM IST Bombay Stock Exchange Brokers’ Forum (BBF) on Wednesday said it has appointed Anup Gupta as the chairman, succeeding Kishor Kansagra. The appointment has been effected from September 30, the Forum said in a statement. Click here to…
