The FinTech Hub
Source: Live Mint US currency may consolidate on uncertainty over Trump policies Japanese yen suffers from widening interest rate differential By Karen Brettell and Stefano Rebaudo Nov 8 – The dollar rose on Friday and was heading for a weekly gain as investors evaluated the likely impact on the American economy of Tuesday’s election of…
Source: Live Mint NEW YORK — U.S. stocks are coasting to the close of their best week in a year with some modest moves on Friday. The S&P 500 was 0.4% higher in afternoon trading and on track for its biggest weekly gain since early November 2023. The Dow Jones Industrial Average was up 244…
Source: Live Mint Tesla’s market value breached the $1 trillion-mark in a sharp rally on Friday, on growing bets of a favorable treatment for CEO Elon Musk’s companies in return for his support for President-elect Donald Trump in his poll campaign. The electric automaker’s shares rose more than 6% to a more than two-year high…
Source: Live Mint If you have already accumulated a considerable chunk of corpus in your EPF (Employees Provident Fund) account then you can use the money for any of the purposes given in the rules. As an EPF subscriber, you are supposed to fill form 31 to be able to withdraw the money. First of…
Source: Live Mint Ernie Garcia II, the father of Carvana Co. Chief Executive Officer Ernest Garcia III, has cashed in $1.4 billion of the company’s stock since April — a stake that’s now worth $2.5 billion after a blistering rally in the online auto retailer’s shares. The elder Garcia has unloaded almost 10 million shares…
Source: Live Mint Indian stock market extended its slide to the second consecutive day on Friday, November 08, as sharp selloff in major large-cap stocks, including Reliance Industries, ICICI Bank, State Bank of India, and Trent, weighed heavily on the frontline indices, causing them to end the session in the red. The 25-basis point rate…
Source: Live Mint Gold prices retreated on Friday and were on track for their biggest weekly fall in over five months, as markets digested Donald Trump’s victory and its potential impact on the U.S. interest rate trajectory. Spot gold fell 0.7% to $2,687.48 per ounce as of 1224 GMT and was down 1.7% for the…
Source: Live Mint Before investing in a fixed deposit (FD), it is recommended to compare the interest rates offered by different banks. Typically, banks offer a higher rate of interest to the term deposit of a long tenure. Conversely, short tenure term deposits offer a relatively lower interest rate. Here, we list out the interest…
Source: Live Mint When every investor is chasing high-yielding funds, there are some who chase low-performing mutual funds to make the most of the current attractive valuations. Time and again, wealth advisors have advised that historical returns are not a guarantee for a scheme’s future returns. Therefore, just because a scheme has performed well in…
Source: Live Mint Top Gainers and Losers Today : **Top Gainers and Losers Today** The Nifty Index closed at 24,199.35, reflecting a decline of 0.21%. Throughout the trading day, the Nifty reached a high of 24,276.15 and a low of 24,066.65. The Sensex exhibited a trading range between 79,807.26 and 79,117.37, ultimately closing down 0.07%…
