The FinTech Hub
Source: Live Mint Indian Stock Market: The recent sell-off in the Indian stock market has spared no one, including the new-age tech stocks, dragging many to multi-month lows as investor sentiment remains fragile amid global uncertainties. Fears of an uptick in global inflation and slower economic growth are mounting after US President Donald Trump officially…
Source: Live Mint The New Income Tax Law is set to become a reality soon. Union Finance Minister Nirmala Sitharaman will table the new legislation in Parliament on Thursday . Upon accesssing the first draft of the bill, we have realised that this is quite in line with what is being expected from it. It…
Source: Live Mint Shares of pharma major Lupin rebounded from their day’s low after the company posted strong financial results for the quarter ended December 2024 (Q3 FY25). The stock initially fell by 3.2 percent to an intra-day low of ₹2,000.10 in early trade but later recovered by almost 6 percent, reaching day’s high of…
Source: Live Mint The New Income Tax Bill, set to be presented in Parliament on Thursday, February 13, will span over 622 pages and aims to replace the six-decade-old Income Tax Act of 1961. Once passed, the proposed legislation will be called the Income Tax Act, 2025, and is expected to take effect in April…
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 Reliance Industries share price declined over 3% to hit 52-week low on Wednesday, extending the fall for the fourth consecutive session. Reliance shares fell as much as 3.31% to a fresh 52-week low of ₹1,193.65 apiece on the BSE. In one week, Reliance share price has dropped over 6%, while the index…
Source: Live Mint Dividend Stock: Cochin Shipyard Ltd, Hero MotoCorp Ltd, ITC Ltd, Torrent Power, Man Infraconstruction Limited, TCI Express Ltd, Expleo Solutions Ltd , Minda Corporation Ltd are among 10 stocks in focus to trade Ex dividend today The record date for determining the names of the members eligible to receive dividends from these…
Source: Live Mint In the past six months, RIL is down 15%, and Jio Financials is down by 28%. “In the coming weeks and months, we will begin pruning our defensive exposure toward more cyclical and growth-oriented segments,” Quant Mutual Fund said in a recent communication to investors. For context, the benchmark Nifty 50 is…
Source: Live Mint Union Bank Of India Share Price Today Live Updates : On the last trading day, Union Bank of India opened at ₹114.85 and closed slightly lower at ₹114.80. The stock experienced a high of ₹116.10 and a low of ₹110.05 during the day. With a market capitalization of ₹84,389.51 crore, the bank’s…
Source: Live Mint For most startups, a buyout offer nearing $100bn is something to be celebrated. But OpenAI is not like other startups—and Elon Musk is not like other acquirers. On February 11th a consortium led by the world’s richest man made an unsolicited $97bn bid for the assets of the non-profit entity that controls…
