The FinTech Hub
Source: Live Mint The Indian stock market delivered an impressive performance last Samvat, with the benchmark Nifty 50 soaring almost 25 per cent. However, according to Shankar Sharma, ace investor and the founder of GQuant, an AI-tech company, Samvat 2081 could be challenging and a year of moderate to negligible returns. “India’s performance in the…
Source: Live Mint Buy or sell stocks: Despite market volatility, India’s benchmark Nifty 50 broke its four-week losing streak, ending last week with a modest gain of approximately 0.51 per cent. However, on a monthly scale, October witnessed the steepest selloff since the COVID-19 crash of March 2020, marking a turbulent turn in the markets….
Source: Live Mint The Centre has clarified the General Provident Fund (GPF) disbursement to government employees upon retirement. This clarification, provided by the Department of Pension and Pensioners’ Welfare (DoPPW), addresses inquiries regarding interest payments on delayed GPF payments after retirement. The new instructions, dated October 25, 2024, highlight the importance of timely processing at…
Source: Live Mint The National Stock Exchange of India (NSE India) has launched its new mobile app NSEIndia which went live on Diwali (November 1) this year. In a press release, the exchange further said that it has also expanded its website to support a total of 11 regional languages, besides English. The regional languages…
Source: Live Mint Muhurat Trading 2024: As the festival of lights unfolds, India’s stock markets celebrate with Muhurat Trading, a symbolic one-hour session marked by optimism and tradition. Since its inception in 1957 at the Bombay Stock Exchange (BSE) and later embraced by the National Stock Exchange (NSE) in 1992, this unique trading window has…
Source: Live Mint I want to invest in government bonds. Are those tax-free? What plans are available for tax-free interest? I want to invest for 7 -10 years. The government of India has not issued any new tax-free bonds for quite some time, but you can buy some of the tax-free government bonds issued in…
Source: Live Mint Those who grew up watching Doordarshan, those who read Amar Chitra Katha, those who have heard the texts being chanted at homes, have seen many interpretations of the epic Ramayana in folk tales and during the Ram Leela being enacted in towns and cities small and big . In fact Dussehra and…
Source: Live Mint Artificial intelligence (AI) chipmaker Nvidia Corp will soon be part of Wall Street’s oldest three main equity benchmark indices, displacing no less than Silicopn Valley giant Intel, Bloomberg reported. Nvidia, which is “at heart of the artificial intelligence boom”, will replace rival Intel Corp. in the 128-year-old Dow Jones Industrial Average from…
Source: Live Mint OpenAI’s last major Generative Pre-trained Transformer (GPT) release, GPT-4, launched in March 2023, and since then, ChatGPT users have been eagerly awaiting the next big upgrade. Although OpenAI introduced GPT-4o, an iteration of GPT-4 with enhanced text, vision, and audio capabilities earlier this year, there has been no sign of a significant…
Source: Live Mint I am a retired bank employee. My total annual income is around 15 lakhs, which is comprised of a pension, LIC annuity, rent on house property, and interest on fixed deposit. I get the advantage of one per cent being ex-staff and half per cent being a senior citizen. I am also…
