The FinTech Hub
Source: Live Mint The Bombay Stock Exchange (BSE) on Friday, November 28, announced that it has revised the price band of Zomato, Paytm, Adani Total Gas, and 52 other stocks, effective Friday, November 29, according to the official exchange filing. “Trading Members of the Exchange are hereby informed that the price band has/have been revised…
Source: Live Mint Suraksha Diagnostic Limited raised ₹253 crore from anchor investors ahead of its public issue, according to an exchange filing by the company on Thursday, November 28. The company has allocated 57.56 lakh shares to the anchor investors at an allocation price of ₹441 per equity share with a face value of ₹2…
Source: Live Mint Artificial intelligence could play a pivotal role in addressing the global climate crisis, according to Yann LeCun, Chief AI Scientist at Meta, in a compelling discussion with Nikhil Kamath on theWTF Podcast. The episode, part of the series WTF is Really A.I.?, delved into how AI’s transformative power can be harnessed to…
Source: Live Mint Financial experts came together at the Mint Money Festival 2024 to discuss FIRE (financial independence, retire early), how to execute it, and things to look out for along the way. FIRE was popularized by the 1992 bestselling book Your Money or Your Life by Vicki Robin and Joe Dominguez. Here, people seek to…
Source: Live Mint Indian Bank offers a special fixed deposit (known as IND Super 400 days) that offers upto 8.05 percent for super senior citizens. For the general public, the rate of interest is 7.30 percent and senior citizens are entitled to receive 7.80 percent per annum. IND Supreme 300 days fixed deposit There is…
Source: Live Mint Reliance Industries Ltd on Thursday said it has acquired a 21 per cent stake in US helium gas exploration and production company Wavetech Helium Inc for USD 12 million. “Reliance Finance and Investments USA LLC, a step-down wholly owned subsidiary of the company, has on November 27, 2024 entered into a stock…
Source: Live Mint India’s deep-rooted love affair with gold dates back centuries. In the bygone era ofrajas andmaharajas, gold coins were bestowed as rewards, andasharfis were used to trade for commodities. Even today, gold remains more than just an investment asset class; it is deeply ingrained in India’s cultural fabric and every auspicious occasion, from…
Source: Live Mint Capital markets regulator Securities and Exchange Board of India (SEBI), on Thursday, November 28, announced measures to ensure seamless trading during technical outages, particularly in interoperable segments such as equities, derivatives, and currency markets on stock exchanges. The measures aim to strengthen the business continuity and disaster recovery mechanisms of the two…
Source: Live Mint “I started my research purely from the knowledge perspective so that I don’t appear clueless when my clients talk to me about it. I felt I should understand all about it before I write it off or look at it as an investment option,” said Pande. Initially, he allocated 1-2% of his…
Source: Live Mint An Indian-origin individual living outside India is termed a Non-Resident Indian (NRI). The Income Tax Act, 1961, outlines different tax rules for residents and NRIs. Residency status is determined based on the time spent in India during a financial year. This guide explains NRI status, taxation rules, and the concept of Resident…
