The FinTech Hub
Source: Live Mint For a long time, gold has been a common investment for people in India as it not only is a financial investment but also resonates religious and emotional sentiments. With rising gold rates, financing gold can become tough. Hence, people often resort to borrowing personal loans to buy gold. Let us understand…
Source: Live Mint PF new rule: Your Provident Fund (PF) contributions may earn a stable interest soon as the government is considering creating an interest stabilisation reserve fund for the Employees’ Provident Fund Organisation (EPFO). According to a report by The Economic Times quoting officials in the know of the matter, over 65 million EPFO…
Source: Live Mint Looks like Bollywood is thirsty for blood and gore and does not care whether the audience connects with the characters or not. A sketchy back story of a child who hankers for his mother, talks to his dead father who inspires him, and often suffers from nightmares about walking endlessly through tunnels…
Source: Live Mint The popularity of passive investing among investors who seek low-cost automation solutions has surged through the use of index funds together with Exchange-Traded Funds (ETFs). Most investors choose passive funds since they provide broad market coverage at lower operating expense levels. Some investors miss crucial threats that exist in their investments. This…
Source: Live Mint Budget 2025: The Indian stock market experienced high volatility on Saturday, February 1, following the FY26 Union Budget announcement by Finance Minister Nirmala Sitharaman. While the budget introduced major changes in income tax slabs, shifting more money into the hands of middle-class consumers, market sentiment remained mixed due to concerns over government…
Source: Live Mint Foreign portfolio investors (FPIs) have withdrawn ₹64,156 crore from the Indian equities market so far in January 2025, in an unabated exodus amid Rupee depreciation, rise in United States bond yields and expectations of an overall tepid earnings season, according to a PTI report. The selling shows a reversal in investor sentiments…
Source: Live Mint The famous Netflix series Squid Game is an expression of faithfully intimate drama, troubling imagery, and nail-biting plot twists, thus gripping audiences across the globe. In this wait for Season 2, these deeper reflections about money, human nature, and survival strike a chord with most of us, just like those high-stakes games…
Source: Live Mint (Bloomberg Opinion) — Do people see residential property as a utility or an investment? Hong Kong’s property tycoons are racing to find out. Consider Uptown East in Kowloon Bay, developed by Wong Sun Hing Ltd. Its latest pre-sales pitch included a so-called “super flex stage payment plan”, where buyers only need to…
Source: Live Mint This trend has been driven by changes in tax residency conditions and a heightened focus on global transparency. NRIs are now more diligent in reporting their Indian-sourced income and claiming tax reliefs under the act and the Double Taxation Avoidance Agreement (DTAA). When NRIs become residents, they need to make disclosure of…
Source: Live Mint This is the time of the year when employees are busy submitting investment proofs to their employers. Essentially, investments are meant to be declared to the respective employers during the year and one must submit the proof of investment in order for the employer to deduct TDS (tax deducted at source) accordingly. Meanwhile,…
