The FinTech Hub
Source: Live Mint Societe Generale SA has hired four senior salesmen in Japan as it seeks to capitalize on the country’s invigorated bond market along with local banks’ appetite for higher-yielding investments. Former NatWest Group Plc manager Isao Sam Namba is among the additions to the French lender’s Tokyo securities unit, said Tomoyuki Sasai, head…
Source: Live Mint KEC International Ltd appears well-positioned to meet its FY25 order inflow guidance of around ₹25,000 crore. Last week, the company secured three big orders totalling nearly ₹4,000 crore, bringing its FY25 order intake to ₹17,500 crore so far. Additionally, its lowest bidder (L1) portfolio stands at ₹8,400 crore, further supporting its order…
Source: Live Mint Stock market today: The domestic benchmark indices, Nifty 50 and Sensex, were generally subdued on Monday. Gains in cement manufacturer Ultratech and Grasim Industries helped offset broader losses, which were driven by concerns over domestic economic growth and its impact on the central bank’s monetary policy decisions. Data released late Friday indicated…
Source: Live Mint Manufacturing activity has slowed amid worries that India’s consumption story is fizzling out. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) fell to 56.5 in November from 57.5 in October. A reading above 50 indicates expansion. A key highlight of the November PMI survey was that Indian goods producers increased…
Source: Live Mint Most exported to Europe at higher prices Production could go even higher in December UK was major player in the market HOUSTON, – U.S. LNG exports to Europe surged in November as the world’s largest producer of the superchilled gas sent more cargoes to the continent and fewer to Asia and Latin…
Source: Live Mint MUMBAI, – The drop in India’s benchmark bond yields and swap rates signals the central bank may address weaker-than-expected economic growth by easing monetary policy, which, traders say, will likely be via a lower cash reserve ratio than by interest rate cuts. The Reserve Bank of India’s monetary policy decision is due…
Source: Live Mint MILAN, – Carlos Tavares abruptly resigned on Sunday as CEO of Stellantis, two months after a profit warning, and the carmaker said it would seek to appoint a permanent successor in the first half of next year. The Stellantis board is considering the head of North American operations Antonio Filosa and procurement…
Source: Live Mint Credit cards often serve as a quick and convenient mode of payment for several financial transactions. However, the trouble starts when your credit card expires and debts are still pending. It is important to keep track of your credit card payment deadlines and expiry dates. Here’s what happens when your credit card…
Source: Live Mint Indian Stock Market Today: The Indian stock market saw a significant recovery from its lows on Monday, December 2. Both benchmark indices ended the session with positive gains, marking the second consecutive day of rally. Investors appeared to have digested the weak Q2FY25 GDP data, which hit a seven-quarter low. The recovery…
Source: Live Mint US stock indices were mixed on Monday amid signs of strong Black Friday sales and after a report showed the US manufacturing sector is doing slightly better than feared. According to the Institute for Supply Management, manufacturing contracted again in November, but not by as much as expected, The week ahead is…
