The FinTech Hub
Source: Live Mint Oil rose from its lowest close since 2021 after a deep weekly loss pushed futures close to levels regarded as oversold, with the focus this week on three reports that may clarify the demand outlook. Global benchmark Brent advanced toward $72 a barrel after plunging by almost 10% last week, while West…
Source: Live Mint After Friday’s rout on Wall Street due to disappointing jobs data, in the week ahead investors will have three major economic reports to watch closely. A jobs report released by the US Labor Department on Friday showed a continued slowdown in the labor market. Next week, the economic calendar will feature reports…
Source: Live Mint To understand BHFL’s market positioning and assess its prospects, we present a SWOT analysis. Standing out in the mortgage market Bajaj Housing Finance distinguishes itself from competitors with a diversified mortgage lending product suite. Unlike many peers who predominantly focus on home loans, BHFL offers a broader range of products, including home…
Source: Live Mint The U.S. is presently at the forefront of critical factors that may influence financial markets. With the much-anticipated FOMC meeting in September and the upcoming November elections, attention is focused on the U.S. These events are significant, affecting not only traditional markets but also crypto enthusiasts who are hoping for legislation that…
Source: Live Mint Buy or sell: The Nifty index concluded the week at 24,852, settling comfortably within the anticipated support zone of 24,800-24,900. Throughout the week, the index demonstrated notable volatility, oscillating between 24,800 and 25,400. The consistent close above the key support level of 24,600 suggests that the bullish trend may persist, with the…
Source: Live Mint Trailer axle and suspension assembly manufacturing company Kross is all set to launch its initial public offerings (IPO) on September 9. The IPO will remain for subscription till September 11. Kross Limited, previously known as Kross Manufacturers (India) Private Limited, was founded in 1991 and specializes in the production and supply of…
Source: Live Mint Approximately 4,300 Indian millionaires are expected to move abroad in 2024, with a majority of them preferring to relocate to Dubai, the UAE, according to a recent Private Wealth Migration Report by Henley & Partners. Here’s an overview of how the Golden Visa programme works. Application process The most popular way of applying for…
Source: Live Mint The primary market is all set to witness one of the busiest weeks with over thirteen new initial public offerings (IPO) scheduled to open, along with eight new listings next week. The Indian Primary market has demonstrated robust momentum this week, with several public offerings drawing strong demand from investors. Also Read…
Source: Live Mint Bajaj Housing Finance IPO: Bajaj Housing Finance’s much awaited ₹6,560-crore initial share-sale will open for public subscription on September 9 and conclude on September 11. The purpose of the share sale is to fulfill the Reserve Bank of India’s (RBI) mandate that by September 2025, upper layer non-banking financial organisations (NBFCs) must…
Source: Live Mint Warren Buffett’s birthday present arrived early this year. On August 28th, two days before America Inc’s favourite great-grandpa turned 94, his bricks-to-motor-insurance conglomerate, Berkshire Hathaway, reached a market value of $1trn. It became only the eighth American company to claim that title and, as a child of the Nebraskan heartland, the first…
