The FinTech Hub
Source: Live Mint MUMBAI : The Securities and Exchange Board of India (Sebi) has impounded an amount of ₹53.6 crore as illegal investment advisory fees under the garb of providing educational courses from Asmita Patel Global School Of Trading and other entities connected with financial influencer Asmita Patel, who is known as “options queen” and…
Source: Live Mint As the Reserve Bank of India’s (RBI) monetary policy committee (MPC) cut repo rate by 25 basis points on Friday, it is seen as the start of interest rate cut cycle. Typically, a cut in repo rate is followed by a similar decline in interest levied on loans as well as interest rates offered on…
Source: Live Mint To maintain optimum financial health and a respectable credit score, it is imperative for you to understand the implications of closing a credit account on the integrity of your current credit score. What is a credit score? Your credit score is a numerical representation of your creditworthiness. It ranges from 300 to…
Source: Live Mint M&M Q3 result: Mahindra & Mahindra (M&M) on Friday, February 7, reported a decent rise in its consolidated net profit and revenue for the December quarter of the current financial year (Q3FY25). The automaker reported a consolidated profit of ₹3,180.58 crore, up 19.64 per cent year-on-year (YoY) from ₹2,658.40 crore reported in…
Source: Live Mint Stock market today: The domestic benchmark indices, Nifty 50 and Sensex, ended lower on Thursday, with the Sensex dropping by 213.12 points to close at 78,058.16, while the Nifty 50 fell 92.95 points to finish at 23,603.35. Market sentiment remained wary as investors awaited the Reserve Bank of India’s (RBI) policy announcement,…
Source: Live Mint Maintaining a credit score above 700 (measured by CRIF High Mark, Experian or Equifax) calls for credit discipline. This means one should clear one’s credit card bills and loan repayments on time. Additionally, one should keep the credit utilisation ratio (CUR) under the optimum level of 30 percent. Aside from this, one…
Source: Live Mint RBI Monetary Policy: The Reserve Bank of India (RBI) avoided disappointing the market by announcing a 25-basis-point rate cut on Friday, February 7—the first in nearly five years. The central bank cut benchmark policy rates by 25 bps to 6.25 per cent from 6.50 per cent and maintained the policy stance as…
Source: Live Mint It is a common belief that it is easy to make money in a bull market. Still, when the going gets tough, it becomes challenging to not only make money but to survive in the market. That is why the song quote: “When the going gets tough, the tough get going” by…
Source: Live Mint In India, all banks together offer 100s of different credit cards. Each card has its own unique selling point (USP). For many people, one single credit card cannot cater to all their needs. Hence, they follow a multi-credit card strategy to maximise the benefits. In this article, we will understand why people…
Source: Live Mint Gold Rate and Silver Price Today on February 7, 2025: Gold prices experienced a modest increase on Friday. The cost of 24 carat gold in India is Rs.8669.3 per gram, reflecting an increase of ₹ 270.0. The cost of 22 carat gold in India is 7948.3 per gram, a rise of ₹250.0….
