The FinTech Hub
Source: Live Mint Private lender ICICI Bank, on Wednesday, became the fourth Indian company to surpass a market capitalization of ₹9 lakh crore for the first time, following a share price increase of over 30 percent in 2024. On September 18, the stock reached an all-time high of ₹1,295 on the BSE, marking a 2…
Source: Live Mint Oil prices fell on Wednesday as the market cautiously awaited a rate cut announcement from the Federal Reserve, while investors digested a mixed crude and fuel storage report out of the United States. Brent crude futures for November lost 55 cents, or 0.8%, at $73.15 a barrel at 11:58 a.m. EDT (1558…
Source: Live Mint Intuitive Machines Inc. shares are surging after the space exploration firm said it won another NASA contract. This one could be worth as much as $4.8 billion. The stock of the the first private company to land a spacecraft intact on the moon soared as much as 66% Wednesday, the biggest intraday…
Source: Live Mint NTPC Green Energy, a subsidiary of India’s NTPC, submitted draft documents on Wednesday for to raise funds via initial public offering (IPO) worth ₹10,000 crore , aiming to capitalize on the nation’s expanding renewable energy initiatives and a booming stock market. Read Full Article
Source: Live Mint Finance minister Nirmala Sitharaman on Wednesday launched NPS Vatsalya Yojana to give an early head-start to children to save for retirement. Parents can open an account for their child from birth to up to 17 years of age. When the child turns 18, the Vatsalya account will convert into a regular NPS…
Source: Live Mint Mumbai-based Manba Finance is all set to launch its initial public offering (IPO) on September 23. The company has fixed the price band for its upcoming IPO at ₹114to ₹120 with a face value of ₹10. Investors can place bids for at least 125 equity shares, and in increments of 125 Equity…
Source: Live Mint US stock indices rose slightly on Wednesday, as investors widely expect the Federal Reserve to deliver its first interest rate cut in more than four years. At the opening bell, the Dow Jones Industrial Average rose 22.7 points, or 0.05%, to 41,628.91. The S&P 500 rose 7.1 points, or 0.13%, to 5,641.68,…
Source: Live Mint “What’s up?” she asked Vivaan as soon as she entered the bedroom. He was lying down curled up like a baby. “Oh, you have come back early,” said Vivaan, who was a mid-level engineer in a software company. “I didn’t hear the door open.” “Well, if you blast music at such a…
Source: Live Mint I will be retiring in the next five years and have been researching how much of a retirement corpus is sufficient for me and my spouse, considering our current monthly expenses are ₹1 lakh. I’ve come across posts on social media suggesting a corpus of ₹2 crore is enough, where I can…
Source: Live Mint Mint spoke to financial experts to help answer this critical question. When you’ve met your goal One of the most straightforward reasons to sell your mutual fund investments is that you have achieved your financial goal. Vishal Dhawan, a Sebi-registered investment advisor and founder & CEO of Plan Ahead Wealth Advisors, said…
