The FinTech Hub
Source: Live Mint Mumbai: After finance minister Nirmala Sitharaman delivered a consumption-supporting budget, the ball is now in the Reserve Bank of India’s (RBI) court to deliver the last-mile push to growth with a rate cut next week. A majority of economists believe that the budget has set the stage for a rate cut by…
Source: Live Mint Budget 2025-26 has placed emphasis on the backward integration of India’s electronic goods value chain and other capital-goods industries with a reduction in basic customs duty on components. Among the proposals are a reduction in the duty on open cells for television panels from 10%-15% to 5% and parts of open cells…
Source: Live Mint Zomato Ltd faced double trouble in the December quarter (Q3FY25) as its two main businesses – food delivery and quick commerce (Blinkit)— drastically fell short of expectations. Of course, each business disappointed on separate counts. While the problem for food delivery was the slowdown in the growth rate of gross order value…
Source: Live Mint Time: 5.30 pm, early May Place: Pitampura, north-west Delhi People wait anxiously in front of a roadside food cart. The long, long queue spills over from the pavement onto the street, leaving bikes, cars, cows and canines jostling for space on the narrow road. A few paces ahead, half a dozen vloggers…
Source: Live Mint (Bloomberg) — In 2022, after the Federal Reserve started raising rates at the fastest pace in decades, some blue-chip US companies vowed to start cutting their debt loads. Those days may be over now. Companies with BBB ratings boosted their share buybacks in the latest quarter for the first time since early…
