The FinTech Hub
Source: Live Mint Bitcoin has surged to a record high of nearly $80,000 due to US President-elect Donald Trump’s support of digital assets and the possibility of pro-crypto lawmakers in Congress. The cryptocurrency soared 4.3 per cent to $79,771 on Sunday and reached nearly $79,000 at 2:05 pm in Singapore, according to a Bloomberg report….
Source: Live Mint For most credit card users, one of the most common use cases is to buy merchandise now and pay for it at a later date, say a month later. Shopping online or offline with the aid of a credit card without having to worry over the price tag is what defines the…
Source: Live Mint NEW DELHI : For Indians, shopping for gold on Dhanteras symbolizes fortune and prosperity. Tradition aside, the yellow metal is also a good long-term investment option. Gold bought 10 years ago has yielded a compound annual growth rate (CAGR) of about 11%, whereas CAGR for the five-year period stands at 14.2%. During…
Source: Live Mint The stock market gods have been kind in recent years—and sometimes very kind, delivering impressive returns for those who made the right investment choices and got a bit lucky. Unsurprisingly, many individuals have taken notice and moved into direct stock investing. One look at the number of demat accounts being opened shows…
Source: Live Mint The U.S. securities regulator has granted “accelerated approval” to 11 exchange-traded funds to list and trade options tied to spot bitcoin prices on the New York Stock Exchange, according to a regulatory filing. The Securities and Exchange Commission (SEC) had in January approved the bitcoin ETFs to track bitcoin, in what was…
Source: Business Standard Gold(Photo: Shutterstock) 2 min read Last Updated : Oct 08 2024 | 3:25 PM IST Groww Mutual Fund has launched an open ended fund that will offer investors a new, cost-efficient and convenient way to invest in gold, it said on Tuesday. A Gold Exchange-Traded Fund (ETF) is an investment…
Source: Business Standard 2 min read Last Updated : Sep 30 2024 | 1:30 PM IST UBS on Gold: Zurich, Switzerland-based brokerage firm UBS has increased its gold price forecasts, anticipating higher investment demand, a decline in US real rates, a seasonal uptick in jewellery consumption, and continued central bank purchases. “We raise…
Source: Business Standard Illustration: Binay Sinha 3 min read Last Updated : Sep 30 2024 | 1:50 PM IST ICICI Prudential Mutual Fund on Monday launched two new investment products aimed at value-conscious investors: the ICICI Prudential Nifty200 Value 30 ETF and the ICICI Prudential Nifty200 Value 30 Index Fund. The new offerings will…
Source: Live Mint When it comes to growing wealth, exploring diverse investment options is crucial, especially in a landscape where SME IPOs can be unpredictable. While SME IPOs may attract attention for their potential high returns, alternatives like mutual funds, stocks, ETFs, real estate, and REITs offer compelling benefits that can enhance financial security and…
