The FinTech Hub
Source: Live Mint Stock market holiday: The Maharashtra government has declared Friday, December 6, a local holiday for Mumbai and suburban areas in honour of Mahaparinirvan Diwas 2024. The public holiday has raised questions about whether trading activities at the stock exchanges Bombay Stock Exchange (BSE) and National Exchange (NSE) will also be impacted on…
Source: Live Mint DeepMind has introduced Genie 2, an innovative artificial intelligence model capable of generating playable and immersive 3D worlds. Building on its predecessor, Genie, which could transform single images into interactive environments, Genie 2 takes this concept further by crafting dynamic and realistic virtual worlds from text prompts or images. In a recent…
Source: Live Mint Axis Bank offers its credit cardholders one of the best options for transfer of reward points to various airline and hotel loyalty programs. However, from 20th December 2024, Axis Bank will charge its credit cardholders a Rs. 199 redemption fee for transferring credit card reward points to any transfer partner. Apart from…
Source: Live Mint Used in the right manner, interest-free periods for credit cards can be one of the best tools in managing your spending and therefore improving your financial standing. Understand how these periods work and use smart strategies to benefit from the advantage of credit cards without debt. Let’s find out how to use…
Source: Live Mint Debt-ridden telecom major Vodafone Idea announced on Thursday, December 5, that its board will consider a proposal to raise ₹2,000 crore from entities belonging to promoter Vodafone Group. The development follows Vodafone Group’s announcement to sell a 3 per cent stake in Indus Towers to clear its debt of USD 101 million…
Source: Live Mint When you invest in a mutual fund scheme, the returns keep getting added to the corpus, thus letting it grow faster in the later years vis-a-vis initial years. The overall corpus, therefore, jumps at a rate faster than it did in the first few years. The faster pace of growth of a…
Source: Live Mint Suraksha Diagnostic IPO listing date has been scheduled for tomorrow (Friday, December 6). Suraksha Diagnostic IPO allotment was finalised yesterday (Wednesday, December 4). For those who have been allocated shares, the crediting of shares to demat accounts will occur today, Thursday, December 5. The process of refunding those who have not yet…
Source: Live Mint Markets regulator Sebi issued a circular on instant redemption in liquid funds in 2017, allowing investors to withdraw up to ₹50,000 or 90% of the money parked in a liquid fund per day, whichever is lower. Many fund houses such as PPFAS, Nippon, Shriram, Bajaj, ICICI, HDFC and SBI offer this facility. …
Source: Live Mint One of my friends recently offered me a top-up insurance plan. The plan covers ₹5 crore sum assured sans a deductible of ₹20 lakh. This would cost around ₹1,000 every year. My wife and I are 40 years old, and my children are 12 and 7. Is this a real option or…
Source: Live Mint Indian IT stocks continued their winning streak for the fifth straight session on Thursday, December 5, boosted by Federal Reserve Chair Jerome Powell’s remarks at the New York Times DealBook Summit, where he emphasised the resilience of the US economy, which contributes 60-70 per cent of revenue for IT companies. Riding on…
