The FinTech Hub
Source: Live Mint A Jodhpur bench of Income Tax Appellate Tribunal (ITAT) recently ordered that the gains on cryptocurrencies sold before 2022 will be treated as capital gains and not as income from other sources. This is believed to hold a lot of significance as the capital gains (both short and long term) on cryptocurrencies sold after April…
Source: Live Mint I am a senior ad executive with a FMCG company in Bengaluru. My wife is a senior Python developer with an IT company. We are currently living in a rented accommodation. We are aiming to buy a house on the outskirts of Bengaluru in the future. We want to understand how we…
Source: Live Mint The latest stress test ofmutual funds reveals that the mid cap schemes will take as long as 32-34 days to liquidate 50 percent of their portfolio. At the same time, small cap mutual funds will take as long as 54 to 56 days for the same, shows the latest data shared onAMFI’s…
Source: Live Mint Capital market regulator Securities and Exchange Board of India (Sebi) has proposed a platform to give relief to those investors who have lost track of their mutual fund investment. By releasing a draft circular on Tuesday, Sebi has expressed the intent to launch a service platform, MITRA or Mutual Fund Investment Tracing…
Source: Live Mint As we are geared to enter the year 2025, the mutual fund industry is seen promising and shows no signs of slowing down. The growth of the overall asset size in the mutual fund industry has been quite impressive, particularly in the equity space. Over the past decade, retail investors have moved…
Source: Live Mint If you are planning to invest in a mutual fund, then it is recommended to examine the past returns of that scheme vis-a-vis other schemes in the same category. The past returns give a fair idea of how that scheme has performed over a period of time, thus giving an indication of…
Source: Live Mint Top News Sanjay Malhotra has been appointed as the new Governor of the Reserve Bank of India (RBI), taking on one of the most significant roles in the country’s financial and economic ecosystem. With a wealth of experience in banking and governance, Malhotra is expected to steer the central bank through complex…
Source: Live Mint You have almost never ever heard of world religions being compared to a game of Monopoly, but you find yourself nodding in agreement because the explanation is so smoothly done you cannot but marvel at the intelligent writing. Mr. Reed invites two sister missionaries into his home (after assuring them that he…
Source: Live Mint HDFC Bank vs ICICI Bank: The private banking sector in India is dominated by two stalwarts, HDFC Bank and ICICI Bank, offering investors a blend of stability and growth potential. Both banks have delivered robust performances, backed by strong fundamentals and solid financial metrics. However, with differing strategies and market positions, choosing…
Source: Live Mint In an interview with Mint, Amit Suri, founder of AUM Wealth, discusses strategies for handling market volatility, including smart systematic transfer plans that adjust fund transfers based on market conditions. He also advises on credit card management and financial planning for discretionary expenses. Edited excerpts Can you share a bit about AUM…
