The FinTech Hub
Source: Live Mint Every bank needs to maintain a balance between the credit card rewards offered to customers and profitability. The balance ensures the rewards program can be provided to customers on a sustainable basis in the long term. Banks like HDFC Bank and Axis Bank have restructured the benefits on their credit cards in…
Source: Live Mint Indian FMCG stocks have emerged as the worst performers in October so far, primarily due to a combination of factors that have negatively impacted investor sentiment. The disappointing performance in the September quarter has raised concerns among analysts and investors as many leading FMCG companies reported results that fell below expectations, prompting…
Source: Live Mint The festive season is a time for celebration, joy, and togetherness. It’s a time to shower loved ones with gifts, decorate your home, and indulge in delicious food. However, it’s also a time when it’s easy to overspend. Therefore, before you go trigger happy with your credit card spends, remember to do…
Source: Live Mint Diwali 2024 Stock Picks: The Indian stock market has enjoyed a remarkable run in Samvat 2080. The Nifty 50 has gained 25 per cent since last Diwali despite headwinds such as stretched valuations, sticky inflation, geopolitical tensions and elevated interest rates. The biggest reasons for the rise of the Indian market are…
Source: Live Mint You never know when a financial emergency might arise. Personal loans are one of the most preferred forms of debt during such times due to their versatility and diverse uses. Here are three reasons why you might consider taking a personal loan: Home renovation Building a house is just the beginning; every…
Source: Live Mint If you are a regular traveller and use airlines on a frequent basis for the purpose, the rewards that you earn on your credit card spends can be utilised for booking flight tickets. Card issuing banks offer free air miles for your spending in select categories, which can then be redeemed for…
Source: Live Mint Upcoming IPO: NTPC Green Energy, a wholly owned subsidiary of NTPC, has been issued final observation by the Securities and Exchange Board of India (SEBI), allowing them to raise ₹10,000 crore through an initial public offering (IPO). The company submitted its IPO documents to SEBI on September 18, 2024. Promoted by NTPC…
Source: Live Mint NEW DELHI : The festive season brings joy and an inclination to start new things. People love to make new purchases or start fresh investments around Diwali. Companies understand this well and offer plentiful discounts. Banks, too, are not far behind. They come out with festive offers on loans and fixed deposits…
Source: Live Mint Top Gainers and Losers Today : **The Top Gainers and Losers Today**: The Nifty index concluded trading at 24,180.8, reflecting an increase of 0.65%. Throughout the day, the Nifty reached a peak of 24,492.6 and a low of 24,134.9. The Sensex fluctuated between 80,539.81 and 79,418.82, closing at 79,402.29, which represents a…
Source: Live Mint I am a non-resident Indian (NRI) residing in Abu Dhabi for many years. I sold my residential property in India at a loss during 2021-22 and filed my income tax return (ITR) well within the due date. However, I have not filed my ITR for 2022-23 since I barely had any taxable…
