The FinTech Hub
Source: Live Mint US stocks advanced on Monday after Scott Bessent was nominated as Treasury Secretary in the incoming Donald Trump administration. At 09:50 a.m. the Dow Jones Industrial Average rose 459.25 points, or 1.03 per cent, to 44,753.77, the S&P 500 gained 43.12 points, or 0.72 per cent, to 6,012.50 and the Nasdaq Composite…
Source: Live Mint What if your premiums remain the same if you don’t make a claim? A few insurance companies are offering exactly this with premium lock-in options. This will freeze your premium amount until you make a claim or reach a certain age. Some products that provide this option include Niva Bupa Reassure 2.0,…
Source: Live Mint Medical emergencies can strike without a warning, forcing people and families into unexpected bills. From hospitalization expenses to prescriptions and surgical treatments, there’s a possibility that these costs could overshadow one’s savings and any health insurance that the person may have. In such a scenario, personal loans offer much-needed financial support so…
Source: Live Mint Upcoming IPO: Kalpataru Ltd and Unimech Aerospace and Manufacturing Ltd has been issued final observation by the Securities and Exchange Board of India (SEBI), allowing them to raise funds through an initial public offering (IPO). Kalpataru filed its IPO documents with SEBI on August 14, 2024, while Unimech Aerospace and Manufacturing filed…
Source: Live Mint But with heavyweights such as HDFC Infinia, Axis Atlas and Axis Magnus Burgundy serving up stiff competition, do you really need an Amex card? Ashwin, a credit card enthusiast who tweets as @drgrudge, said given how elusive Infinia and Magnus Burgundy are, credit card users could consider getting an Amex card. “Both…
Source: Live Mint If you have been scouting for a personal loan and have already received a few offers from different banks, it is recommended that you compare the impact of the difference in interest rates on your EMIs. Let us examine this in detail For instance, one bank offers a ₹10 lakh loan at…
Source: Live Mint C2C Advanced Systems’ three-day initial public offering (IPO) opened for subscription on Friday, November 22 in the price range of ₹214 to ₹226 per share. The IPO was subscribed on the first day itself, with strong demand from retail and institutional investors. The IPO consists of a fresh issue of 4,383,600 equity…
Source: Live Mint Imagine enjoying a nice meal from your favourite restaurant at your home or dining out and paying a small sum as the bill. A dining credit card will help you get an additional discount on your food bill many times. However, users should be aware of high fees and the probability of…
Source: Live Mint Fast-moving consumer goods (FMCG) giant Hindustan Unilever’s board on Monday, November 25, gave in-principle approval to demerge its ice cream business into an independent, listed entity. According to the filing, HUL shareholders will receive shares in the new entity in proportion to their existing holdings in the FMCG major. HUL has several…
Source: Live Mint My wife and I live and work in France. My wife’s cousin wanted to gift her money by wire transfer after we hosted her cousin’s family recently while on their trip to France. Would this have any tax implications for my wife in India?-Name withheld on request Under foreign exchange regulations, your…
