The FinTech Hub
Source: Live Mint Elon Musk’s AI Grok: An American woman has revealed that Elon Musk’s AI chatbot, Grok, successfully recognised a fracture in her daughter’s hand after a doctor failed to identify it. The woman, AJ Kay, made the stunning claim on social media. Her claims have sparked a debate about the potential of AI…
Source: Live Mint TSX off 1% in broader declines Healthcare, tech stocks at the bottom (Updates after markets open) Dec 30 (Reuters) – Canada’s main stock index dropped more than 1% on Monday in broader market declines as investors opted to secure some profits and take stock of market conditions heading into the new year….
Source: Live Mint Blame it on geopolitical tensions, global economic weakness, or elevated interest rates, among other factors, but the Indian stock market saw significant volatility in the calendar year 2024. Sample this: Between March and June 2024, the equity benchmark Nifty 50 remained rangebound, fluctuating between 22,339 and 22,821 levels, advancing by barely 500…
Source: Live Mint Indian stock markets have delivered an impressive 13 percent year-to-date (YTD) gain in 2024, with nearly all sectoral indices recording positive performance. The realty and pharma sectors stood out, posting gains of 39 percent and 32 percent, respectively. Meanwhile, indices like Nifty IT, Nifty PSU Bank, and Nifty Auto climbed over 20…
Source: Live Mint The idea of planning for retirement at a young age may seem unconventional to many. However, there is significant merit in starting early. When individuals begin earning, the focus often lies on fulfilling immediate financial goals rather than preparing for long-term needs. A significant 57% of urban Indians worry their retirement savings…
Source: Live Mint Investing with a focus on the quality factor involves identifying companies that demonstrate strong financial health, sustainable competitive advantages, and consistent earnings growth. Quality and value are two of the oldest and most widely recognised factors in investing. The quality factor, in particular, has historically performed well in the Indian stock market,…
Source: Live Mint Among the many other provisions and laws of the land, Section 80DD of the Income Tax Act, 1961, (the Act) is a vital provision aimed at offering relief to those caring for disabled dependents. This section allows tax deductions for expenses related to medical treatment, training, and rehabilitation of dependents, as well…
Source: Business Standard Government recently approved expanding a free health-insurance plan for all citizens aged 70 and above. Image: Bloomberg 2 min read Last Updated : Oct 01 2024 | 10:55 AM IST By Alex Gabriel Simon India’s hospital stocks are set to benefit from the expected growth in healthcare spending, according to…
Source: Business Standard Illustration: Ajay Mohanty 3 min read Last Updated : Sep 27 2024 | 12:10 PM IST Primary market, it seems, is not only luring investors back home but also globally. A recent report by GlobalData, a London-based data analytics firm suggests that 822 Initial Public Offers (IPO) aimed to raise $65…
Source: Live Mint Global brokerage house Phillip Capital, in a recent note, observed that it has witnessed sectoral shifts within the Nifty and broader Indian equity markets, focusing on changes over both long and short terms. According to the report, investment-oriented sectors, including cement and building materials, gained considerable traction post the Covid-19 pandemic and…
