The FinTech Hub
Source: Live Mint According to Paisabazaar’s, its free credit score service has been utilized by more than 50 million users. Since its 2017 inception this program has transformed India’s credit market by enabling 16% of the nation’s active credit score users to access their scores through Paisabazaar’s platform. Improved credit scores for millions The company…
Source: Live Mint Ajax Engineering IPO: The public offering of concrete equipment manufacturer Ajax Engineering has been completely subscribed on the final day of bidding, today, as qualified institutional buyers (QIBs) swooped in to save the day. After facing challenges during the first two days, where the employee segment attracted significant interest, the issue has…
Source: Live Mint If you are a credit card user and a travel freak at the same time, it is recommended to opt for a travel credit card which makes attractive offers at the same time. This way, you can enjoy the same services at a discounted price while making use of the 45-day interest free credit…
Source: Live Mint The “crisper and simplified” new Income Tax Bill 2025 has replaced the term ‘previous year’ from the 60-year-old Income Tax Act, 1961, with ‘tax year’ and done away with the concept of ‘assessment year’, a PTI report noted. The new I-T Bill, with 536 sections, and 23 chapters running into 622 pages,…
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…
