The FinTech Hub
Source: Live Mint Gold prices in your city today, April 24: Despite continued volatility in global markets, technicals charts show early signs of trend exhaustion, which aided by a slight rebound in United States Dollar index, and comments from US President Donald Trump on easing tariffs policies with India and Japan, have eased gold prices…
Source: Live Mint Much of this transition has been lauded for its ability to bring the unbanked into the formal banking system and for making financial transactions seamless, transparent, and accessible. However, this transformation has not been uniformly experienced across demographics and population. One segment that remains noticeably absent in this digital narrative is India’s…
Source: Live Mint While all these vehicles pool investors’ money for investment and are regulated by the Securities and Exchange Board of India (Sebi), they are governed by different sets of regulations — and taxed under strikingly different rules. This fragmented approach has created opportunities for tax arbitrage, where investors can choose routes that offer…
Source: Live Mint With these numbers, India stands at the precipice of its largest intergenerational wealth transfer. Over the coming decades, trillions of rupees will shift hands as family businesses, assets, and investments transition from the first-generation wealth creators to their heirs. Yet, despite this seismic economic shift, most wealthy Indian families remain woefully unprepared….
Source: Live Mint US President Donald Trump announced sweeping reciprocal tariffs on its trading partners on 2 April, a move aimed at reducing the country’s dependency on foreign products amid its ballooning trade deficit. Trump announced a 26% tariff on imports from India, effective 9 April. Companies in sectors such as apparels & textiles and…
Source: Live Mint Late on 25 March, the government announced that it was discontinuing the medium- and long-term government deposit under the Gold Monetization Scheme, 2015, with effect from the next morning. That meant gold tendered at testing centres and designated bank branches would not be accepted 26 March morning. However, existing deposits are to…
Source: Live Mint Gold and Silver prices today: Gold is priced at ₹89,330 per 10 grams (24 carat) on March 31, according to data on the Indian Bullion Association (IBA) at 7.20 am. Further, 22 carat gold is priced at ₹81,886/10 gms. Gold prices have remained increased over the past 24 hours. On the MCX…
Source: Live Mint The U.S. tariff disruption to the world has intensified. Following the imposition of an additional 10% tariff on Chinese imports in February, the rate was further increased by another 10% in March. Consequently, the average U.S. tariff on Chinese goods could reach 39%, marking a steady rise over the past eight years….
Source: Live Mint Indian Prime Minister Narendra Modi, in a podcast with MIT scientist and American podcaster Lex Fridman, said that artificial intelligence (AI) development around the world will remain incomplete without India’s contribution. “I speak openly from my heart. No matter what the world does with AI, it will remain incomplete without India. I’m…
Source: Live Mint India’s tourism sector has been on a recent high buoyed by three elements integral to Indian culture: religion, cricket, and music. To be more specific, the once-in-a-lifetime Maha Kumbh Mela; the Indian cricket team’s recent success, including the Champion Trophy title it won on Sunday; and concerts headlined by the likes of…
