The FinTech Hub
Source: Live Mint Using a credit card affects your credit score in a number of ways. The factors which determine your score include the payment history, credit utilisation ratio and the length of credit history, among others. Here explain each of them in detail: 1. The payment history: When you make payment on time, it boosts your…
Source: Live Mint Before investing in a mutual fund scheme, it is important to see — among other factors –the past returns delivered by a scheme vis-à-vis others schemes which fall in the same category. It is also recommended to view other factors such as the category which the scheme belongs to, overall economic scenario,…
Source: Live Mint NFL Q3 results: Net profit declines 70% to ₹458 crore, revenue falls 23% Read Full Article
Source: Live Mint Indians typically view the US as a stable destination and a land of opportunities. In today’s interconnected world, where global mobility is the norm, more Indians have ties to the US, not just family but also business, financial, and other interests. Indian families who have members based in or are citizens of…
Source: Live Mint A credit card not only allows you to use credit for making payments and buying merchandise, but it also gives a range of complimentary services alongside. Some of these services include discounts on shopping, dining and movies while other services fall in the broader theme of lifestyle. Aside from these services, banks…
Source: Live Mint Indian markets have declined 0.7 per cent so far in February, setting the indices up for a fifth consecutive month of losses. In 2025 so far, the benchmark indices have dropped over a per cent, weighed down by global economic uncertainties and elevated domestic valuations. The broader markets have faced a steeper…
Source: Live Mint With RBI slashing its repo rate by 25 basis points on Friday, home loan EMIs are likely to see a decline. The revision in monetary policy is seen as the start of the interest rate cut cycle. As a result, loan EMIs are expected to fall. If you are contemplating raising a home loan…
Source: Live Mint I have gifted some money to my daughter when she turned 16. We both are residents. I have set up her custodial account in US for investment in Nasdaq-listed stocks from this gifted money. I would like to understand the potential tax implications in India on this. -Name withheld on request As…
Source: Live Mint The gross non-performing assets (GNPAs) pertaining to gold loans in scheduled commercial banks (SCBs) and Upper and Middle-Layer non-banking financial companies (NBFCs) have increased by 18.14% from March 2024 to June 2024, according to a reply filed by the Ministry of Finance Read Full Article
Source: Live Mint Finance Minister Nirmala Sitharaman introduced customized credit cards for micro enterprises registered on the Udyam portal in her recent budget speech. This step was taken with the objective of strengthening India’s Micro, Small and Medium Enterprises (MSME) sector. These cards will come with a credit limit of ₹5 lakh each. These cards…
