The FinTech Hub
Source: Live Mint Top News India’s foreign exchange reserves saw a significant boost, increasing by USD 12.588 billion to reach an all-time high of USD 704.885 billion as of the week ending September 27, 2024. This growth in reserves can be attributed to several factors, including rising foreign investments, positive trends in exports, and possibly…
Source: Live Mint Gotham City’s Arkham prison is not a fun place. The inmates have been tortured and medicated into submission. Among the prisoners is Arthur Fleck – dubbed the Clown Prince Of Crime – who has shot to death a TV host Murray Franklin (live on TV) as well as three drunk people who…
Source: Live Mint Financial emergencies—such as unexpected job loss, urgent travel needs, or critical household repairs—can quickly deplete your savings and investments, especially if you lack a contingency fund. When you find yourself in a situation where your emergency fund falls short, a personal loan may be a viable solution. With their easy availability and…
Source: Live Mint Right outside Fernandes’s home is a poster of a woman who passed away recently. It grabs his attention each time he opens his gate. His eyes are then drawn to one of his favourite possessions, his bicycle, long unused, which reminds him of happier days. Now, he can barely pick up his…
Source: Live Mint Are you interested in buying government securities and bonds? If yes, you can buy them on RBI Direct Retail app or portal. For the unversed, RBI direct retail scheme was launched in Nov 2021, which enables investment in government securities by individual investors. Under this scheme, investors can open a Gilt Securities Account —…
Source: Live Mint There is a view that in the growing pie of savings and investments, banks are losing out to mutual funds. That may be happening in the margins as India’s equity market has been on a bull run. But let us look at the big picture. While individuals are moving towards financialization of…
Source: Live Mint Top News The Securities and Exchange Board of India (SEBI) has introduced a new directive concerning the use of the Unified Payments Interface (UPI) for individual investors. According to SEBI’s recent circular, starting November 1, 2024, individual investors can apply for public issues of debt securities, non-convertible preference shares, municipal debt securities,…
Source: Live Mint When your ancestors have been great warriors of the sea – looting the British ships to fuel the struggle for freedom – what do you do to survive in times of peace? Old man Singappa tries to explain the survival of four mountain villages to a visitor who comes in search of…
Source: Live Mint There are two sides to investing, buying and selling. The most basic purpose of any investment is to make profits. Those profits are useful to you, only if you actually book them when you sell your investment. However, the danger with focusing too much on profit booking is that you don’t want…
Source: Live Mint Top News The National Payments Corporation of India (NPCI) has announced a significant change to its Unified Payments Interface (UPI) transaction limit. Effective from September 16, 2024, the UPI transaction cap has been raised to ₹5 lakh per transaction. This increase aims to further bolster India’s push toward a more robust digital…
