The FinTech Hub
Source: Live Mint I moved to New Zealand a few years ago and am now a citizen of the country. Before my marriage, I purchased a property in Varanasi with my father as a co-owner. I made all the payments, and the property was registered in our names. Given that I now reside in New…
Source: Live Mint If you are a salaried employee and have already made investments in some tax-saving instruments, it is imperative that you declare the same to your employer so that your salary in the last two months of fiscal 2025 is not reduced substantially. For instance, if you have invested ₹1 lakh towards an…
Source: Live Mint DAM Capital Advisors IPO: The initial public offer (IPO) of DAM Capital Advisors will open for subscription on Thursday, December 19, and close on Monday, December 21. DAM Capital Advisors IPO, valued at ₹840.25 crore, is entirely an offer for sale (OFS) of 2.97 shares by the investors and promoters of the…
Source: Live Mint However, not all these factors affect your credit score equally. Your repayment history, for instance, matters much more than the number of hard enquiries on your credit report. A hard inquiry, also known as a hard pull or hard credit check, is when a lender or financial institution reviews your credit report…
Source: Live Mint India’s markets regulator has set a minimum investment threshold of ₹10 lakh for investing in specialised investment funds (SIF), a new asset class that allows mutual funds to offer advanced investment strategies to investors. Accredited investors, however, are exempt from this requirement, as per the Securities and Exchange Board of India’s framework…
Source: Live Mint (Updates for market close) By Hritam Mukherjee and Kashish Tandon Dec 17 (Reuters) – Indian shares slipped on Tuesday, on across-the-board selling as investors braced for the Federal Reserve’s monetary policy meeting for clues on its rate cut path next year. The NSE Nifty 50 fell 1.35% to 24,336 points as of…
Source: Live Mint Credit card offers and rewards seem very tempting for many card users. These offers attract many people to opt for credit cards as a mode of payment. However, using a credit card is not limited to offers and benefits, the fine print will exactly determine the impact of card usage. The fine…
Source: Live Mint (Bloomberg) — The liquidity deficit in the Indian banking system hit the highest in nearly six months on advance tax payments by companies and likely dollar sales by the central bank to curb rupee volatility. The banking system cash deficit, as measured by banks’ borrowings from the Reserve Bank of India, was…
Source: Live Mint Google has launched its latest experiment in generative AI, named Whisk, a tool that aims to transform the creative process by allowing users to generate images through prompts based on other images. Unlike traditional image generation tools that rely on detailed text descriptions, Whisk enables users to drag and drop images for…
Source: Live Mint RBL Bank has revised its fixed deposit interest rates with effect from Dec 15. Now the interest rates range between 4 to 8.5 percent per annum. The highest interest rate of 8 percent is offered on the deposits of 500-day tenure to general citizens, and 8.5 percent to senior citizens. The bank…
