The FinTech Hub
Source: Live Mint If you have missed the credit card payment deadline, you will be liable to pay an interest rate on the outstanding amount. The interest is usually high (between 2.5 to 4 per cent) and charged on a monthly basis. It is worth remembering that interest starts not from the due date of…
Source: Live Mint Bonus Issue: Reliance Industries share price remains in focus as 28 October 2024 remains the record date for bonus issue of shares in the ratio of 1:1 On Monday, Reliance Industries Ltd. (RIL) shares will turn ex-date for the bonus issue at a 1:1 ratio. The record date for which stand to…
Source: Live Mint Q2 results today on October 28: At least 180 companies are set to release their July-September quarter financial results today, on Monday, October 28, according to BSE data. Further, several major blue-chip firms and banks are scheduled to declare their Q2 results this week. The second quarter results (Q2FY25) season began this…
Source: Live Mint F&O ban list: The National Stock Exchange (NSE) banned trading in ten stocks on Monday, October 28, in the futures and options (F&O) segment as they exceeded 95% of the market-wide position limit (MWPL). However, these stocks will be available for trading in the cash market. The NSE updates the list of…
Source: Live Mint Like the man, who would have been better off keeping the goose alive, investors are often safer diversifying into dividend stocks. These stocks tend to give comparatively stable income, capital growth at a milder pace (as compared to growth stocks), and also serve as a cushion during market downturns (as risk off…
Source: Live Mint Wall Street in the week ahead will see plenty of economic data and earnings reports from five megacap companies. On the economic front, investors will closely monitor US Q3 GDP numbers, the Federal Reserve’s preferred inflation gauge – Personal Consumption Expenditures price index, and jobs report. Next week, stocks of five megacap…
Source: Live Mint I’ve retired at 60 with a corpus of ₹4.3 crore and my monthly expenses are ₹2 lakh. With a life expectancy of 85, how should I invest to maintain steady income while preserving my corpus? I am considering real estate, high-dividend stocks, and systematic withdrawal plans (SWPs). How can I diversify to…
Source: Live Mint The initial public offering (IPO) of Afcons Infrastructure opened for bidding on October 25 and will be closing on Tuesday, October 29. The IPO has so far been subscribed only 10%. The GMP of Afcons Infrastructure fell drastically from ₹60 to ₹15 on the first day of subscription in the grey market….
Source: Live Mint If you are new to the credit card universe, it is important for you to know that one of the key incentives for most users while applying for a credit card is to avail credit card rewards program. For those who are unaware, credit card rewards programs are incentives offered by the…
Source: Live Mint Amit Upadhyaya, a Pune-based corporate executive, has achieved financial independence at age 46. Despite working for a French multinational (Dassault Systemes) for two decades, Upadhyaya does not credit his wealth to a high corporate salary or employee stock options. He sees it as the outcome of investing in the right stocks and…
