The FinTech Hub
Source: Live Mint As the mutual fund industry in India grows, investors looking for a well-rounded approach across market segments are becoming more interested in multi-cap funds. The distinctive feature of multi-cap funds is their mandatory minimum 25% allocation to large, mid, and small-cap categories, providing opportunities for growth and diversification. What are multi-cap funds?…
Source: Live Mint Are you planning to invest in gold this Dhanteras. It is quite likely for you to be staring at a conundrum i.e., whether to choose physical or digital gold for the purpose of investing. Both the forms of gold have their own advantages and disadvantages, however, one key factor which may swing…
Source: Live Mint The Indian front-line indices made a significant rebound during the second half of the trading session today, October 29, recovering from an initial downturn that saw them tumble sharply in the first half of the day. This recovery was primarily driven by strong performances from heavyweights such as Reliance Industries and HDFC…
Source: Live Mint Nitin Sawant, founder of NS Wealth, a Sebi-registered investment advisory firm, secured final approval from the Reserve Bank of India (RBI) on 28 October to launch an account aggregator (AA) platform under his new venture, OMS Fintech Account Aggregator. This initiative aims to provide a consumer-focused AA service. Sawant, who began his…
Source: Live Mint NEW DELHI : For Indians, shopping for gold on Dhanteras symbolizes fortune and prosperity. Tradition aside, the yellow metal is also a good long-term investment option. Gold bought 10 years ago has yielded a compound annual growth rate (CAGR) of about 11%, whereas CAGR for the five-year period stands at 14.2%. During…
Source: Live Mint Pharma major Cipla Ltd on Tuesday reported an 15.2% year-on-year rise in its consolidated net profit for the fiscal’s second quarter ended September (Q2FY25) to ₹1,303.53 crore. The company had reported a profit of ₹1,177.64 crore in the year-ago period. Sequentially, the consolidated net profit was up 10.6%. Cipla’s consolidated revenue from…
Source: Live Mint Maruti Suzuki India, the largest passenger car manufacturer in India, on Tuesday reported a net profit of ₹3,069.2 crore for the second quarter of FY25, registering a fall of 17.4% from ₹3,716.5 crore in the same quarter last fiscal year. Maruti Suzuki’s revenue from operations in Q2FY25 increased marginally by 0.4% to…
Source: Live Mint Mint is thrilled to introduce the All About AI Tech4Good Awards, sponsored by Salesforce, that recognizes the most impactful and creative uses of Artificial Intelligence (AI) in driving impact and social good. This unique initiative will conclude with a grand awards night in Mumbai, uniting industry leaders, technologists, and AI experts to discuss how…
Source: Live Mint Expert view: India is relatively better placed, but valuation is a concern, says Surjitt Singh Arora, Portfolio Manager, Portfolio Management Services, PGIM India Asset Management Pvt. Ltd. In an interview with LiveMint, Arora says he is cautious about the mid-and small-cap segments in the near term. The broader market may see some…
Source: Live Mint Karnataka Bank Share Price Today on : At 29 Oct 11:32 today, Karnataka Bank shares are trading at price ₹202.25, 0.62% up from the previous closing price. Sensex is trading at ₹79573.66, down by -0.54%. The stock has hit a high of ₹204.25 and a low of ₹200.35 during the day. On…
