The FinTech Hub
Source: Live Mint Mumbai: Former US president Donald Trump’s return to the White House fuelled a market rally in India on Wednesday, propelled by technology stocks, riding hopes that his pro-business stance will spur spending and growth in the world’s largest economy. Indian benchmark indices, which tracked global peers to rally by over 1% each…
Source: Live Mint With the Donald Trump-led Republican Party securing a thumping majority in the US Presidential Elections, cryptocurrencies have turned out to be a clear winner. Bitcoin (BTC) rose nearly 10 per cent to hit $75,000 during the day, and meme coin Dogecoin surged 17 per cent to hover around $0.1986. Intraday, Elon Musk-backed…
Source: Live Mint “President Donald Trump’s US election win is positive for India, whereas Trump’s America First approach means a more bilateral rather than a multilateral approach to foreign policy. In Asia, he is likely to maintain a hawkish stance towards China. Countries will be pressed to take sides, increasing polarization risks. If overall sentiments…
Source: Live Mint With Donald Trump all set to take over as the 47th US President, the markets in America reacted quite positively to the news. S&P 500 and Dow Futures hit a record high on Wednesday after the news of Trump’s victory became clear. In fact, Indian benchmark indices Sensex and Nifty 50 also…
Source: Live Mint Niva Bupa Health Insurance Company’s initial public offering (IPO) will open for public bidding on Thursday, November 7, and will close on Monday, November 11. The healthcare insurer has fixed the price band at ₹70-74 per share. The health insurance company, set up in 2008, is a joint venture between the Bupa…
Source: Live Mint If you are an EPF (Employees Provident Fund) subscriber and keen to check the account balance and/or the last contribution made, the process is super easy. You need to only give a missed call. The only condition is that the member’s mobile number must already be registered on the UAN portal. So,…
Source: Live Mint Indian stock market’s benchmark indices, Sensex and Nifty 50, rallied over 1% on Wednesday in response to the US election results 2024, which indicate a likely victory for Republican candidate and former President Donald Trump over Democratic candidate Kamala Harris. On Wednesday, the Sensex surged 901.50 points, or 1.13%, to close at…
Source: Live Mint What is the TDS rate for purchasing property from an NRI after 23 July 2024? -Name withheld on request If you purchase immovable property from a non-resident Indian (NRI) after 23 July 2024, the applicable TDS rate depends on the duration the seller held the property: For property held more than 2…
Source: Live Mint Small-cap stock below ₹50: Lancer Container Lines share price surged 20 per cent to its upper circuit limit of ₹35.97 on the BSE on Wednesday, November 6 amid high volumes in the counter and as the board set date to declare the financial results for the September 2024 quarter (Q2 FY25). On…
Source: Live Mint Here is a look at how investors can buy and sell bonds on online bond platforms, the limitations they are likely to face, and other options for investors. Let’s look at OBPs first. OBPs: Buying and selling Sebi has stipulated that OBPs use exchanges’ request for quote (RFQ) facility for investors to…
