The FinTech Hub
Source: Live Mint Systematic Investment Plans (SIPs) continue to maintain strong momentum as a favored investment strategy, with contributions reaching nearly ₹26,400 crore in January 2025, just shy of the record ₹26,459 crore in December 2024. This marks a slight dip of only 0.2%. Meanwhile, equity mutual fund inflows saw a modest decline of 3.6%…
Source: Live Mint A small-cap stock, backed by global financial giant Goldman Sachs and held by popular domestic institutional investors (DIIs), plunged to a record low in intraday trade on Thursday, February 13, a day after the company disclosed that one of its promoters had pledged shares. Archean Chemical Industries’ share price crashed as much…
Source: Live Mint Systematic Transfer Plans (STPs) offer an efficient and disciplined way to manage investments and navigate market volatility. By gradually shifting funds from one mutual fund scheme to another within the same fund house, STPs balance risk and reward for both new and seasoned investors. On Mint;s series Money Shots, Neil Borate, Editor…
Source: Live Mint Weddings are an important occasion in everyone’s life. A typical Indian wedding is usually a grand affair wherein not only you take the relationship to another level but also spend a lot of money on it. What if you do not have sufficient money at your disposal? From where can you raise the…
Source: Live Mint Shares of Vakrangee, one of India’s largest last-mile distribution platforms, surged 4.95% in intraday trade on February 13 to reach ₹15.92 per share, its upper price band, after the company announced that the Reserve Bank of India (RBI) had renewed its authorisation for White Label ATMs. In an exchange filing on Wednesday,…
Source: Live Mint The attempt at global harmony ended in cacophony. As Emmanuel Macron’s ai summit drew to a close on February 11th J.D. Vance, America’s vice-president, bluntly set out an America-first vision for artificial intelligence, castigated Europe for being too rule-bound and left before the usual group photograph. eu countries, for their part, struck…
Source: Live Mint A personal loan comes handy when you are in urgent need of money. Let us suppose, you need funds for organising a wedding or for home renovation, or there is tuition to be paid for your ward who is studying in a boarding school and your financial situation is slightly bad. In such…
Source: Live Mint AU Small Finance Bank Limited (AU SFB), in an exchange filing, announced on Thursday, February 13 that the Reserve Bank of India (RBI) has approved Temasek’s Zulia Investments to acquire up to 7 percent stake in the company. “We hereby inform that AU Small Finance Bank Limited (“AU SFB”) has received a…
Source: Live Mint ICICI Bank share price will be in focus on Thursday after its joint venture partner Prudential plc is considering listing of ICICI Prudential Asset Management by partial divestment of its stake in the company. “Prudential plc announced today that it is evaluating a potential listing of ICICI Prudential Asset Management Company Limited…
Source: Live Mint The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on a flat note on Thursday following mixed global market cues. The trends on Gift Nifty indicate a mildly positive start for the Indian benchmark index. The Gift Nifty was trading around 23,135 level, a premium of nearly…
