The FinTech Hub
Source: Live Mint Borrowing money i.e., personal loan through digital applications can expose aspirational borrowers to various risks. These include high interest rates, hidden facts, aggressive recollection practices, cheating, harassment of all forms etc. Many borrowers generally don’t fully understand the terms and conditions of their personal loans, leading to the possibility of exploitation by…
Source: Live Mint Upcoming IPO: Indogulf Cropsciences Limited, headquartered in Delhi, has been issued final observation by the Securities and Exchange Board of India (SEBI), allowing them to raise up to ₹200 crore through an initial public offering (IPO). The company submitted its IPO documents to SEBI on September 25, 2024. Indogulf Cropsciences commenced its…
Source: Live Mint Investors are often recommended to stay invested in their stocks and mutual funds over a long period of time. This is because it not only allows them to book profits in the medium term but also paves way for wealth creation in the long term. Being able to earn massive gains on…
Source: Live Mint This move aims to encourage first-time investors, particularly from low-income segments and underserved regions, to participate in mutual fund investments. Despite the mutual fund industry’s robust growth, a significant market remains untapped, offering immense potential for expansion. Untapped potential The country’s mutual fund industry has witnessed exponential growth in recent years. Total…
Source: Live Mint Stock Market today: Defence stock Avantel gained more than 3% during the intraday trades on Tuesday after it received order update from ISRO. Avantel ltd share price opened at ₹128.10 on the BSE on Tuesday, higher than previous close of ₹127.10 . Avantel Ltd share price thereafter gained further to intraday highs…
Source: Live Mint I purchased a flat worth ₹50,00,000 on 15/4/2024, against which I took a home loan. On 15/10/2024, I sold my 10 years of commercial property for ₹45,00,000. So, to get long-term capital gain tax exemption, is it necessary to repay the home loan amount from the money I got from selling the…
Source: Live Mint Stock market today: The domestic benchmark indices, Nifty 50 and Sensex, experienced an increase on Tuesday, following the upward movement in other Asian markets, as the US deferred its intended tariffs on Canada and Mexico, alleviating worries about a potential global trade conflict. The Nifty 50 had climbed by 0.82% to reach…
Source: Live Mint It can be a smart financial decision to repay a personal loan early for saving interest costs and obtaining the independence of debt earlier. Here we will take you through the foreclosure procedure in case you have an Axis Bank personal loan and think about it. It will make this process simple…
Source: Live Mint For the majority of us, the promise of consistent profits and long-term financial progress motivates us to invest in mutual funds. One of the least discussed cons, however, is a seemingly simple investment option that may just be shaving off your profits unnoticed: mutual fund fees. In India, where mutual funds are…
Source: Live Mint Stock Market Outlook: Brokerage house Emkay Global Financial Services, in its latest India Strategy Report, projected that the Nifty index is likely to attain the 25,000 level by December 2025. The brokerage attributed this optimism to fiscal stimulus through tax cuts in the FY26 Union Budget, which is expected to support consumption…
