The FinTech Hub
Source: Live Mint Gone are the days when a loan seeker had to literally run from pillar to post to procure a personal loan. Now with a barrage of loan options to choose from, consumers do not need to rely on a large financial institution alone. Besides a large bank, one can also approach an NBFC…
Source: Live Mint The idea of planning for retirement at a young age may seem unconventional to many. However, there is significant merit in starting early. When individuals begin earning, the focus often lies on fulfilling immediate financial goals rather than preparing for long-term needs. A significant 57% of urban Indians worry their retirement savings…
Source: Live Mint Shares of Indian PSU lenders have made a strong recovery in recent sessions, reversing the weak performance seen in the first half of the current month. This resurgence is largely attributed to the BJP-led NDA’s victory in the Maharashtra assembly elections. The win has sparked optimism that the central government will prioritise…
Source: Live Mint My husband and I earn ₹20 lakh every year and invest ₹40,000 every month through a systematic investment plan (SIP), which I started two months ago. At present, I have ₹3 lakh in direct stocks and some amount invested in gold. We want to accumulate a down payment of ₹1 crore after…
Source: Live Mint ChatGPT-owner OpenAI is allowing its employees to sell roughly $1.5 billion worth of shares in a new tender offer to Japan’s SoftBank Group, two sources familiar with the matter told Reuters on Wednesday. SoftBank’s billionaire CEO Masayoshi Son has been persistent in seeking a larger stake in the startup after investing in…
Source: Live Mint Benchmark indices have undergone a correction of nearly 10 per cent in the past couple of months, leaving investors jittery and anxious. When investors are unsure about the blue chips and mid-caps alike, there are some sectors and themes which are still investible. The IT sector got an impetus soon after Donald…
Source: Live Mint Personal loans are one of the most commonly used financial tools to address the need for emergency funds, as they can be used for multiple purposes. These are unsecured loans, meaning they do not require any collateral as a guarantee. Compared to other loans, eligibility for a personal loan is less strict,…
Source: Live Mint Suraksha Diagnostic IPO: The issue opens for subscription on 29 November 2024. Here are 10 Key things to know from the RHP 1.Suraksha Diagnostic IPO: Key dates On November 29, 2024, the Suraksha Diagnostic IPO will be available for subscriptions, and it ends on December 3, 2024. On Wednesday, December 4, 2024,…
Source: Live Mint Index funds are investment vehicles designed to track a benchmark index. Their objective is to replicate the overall performance of the index they follow. When an investor places money into an index fund, the funds are allocated across the companies that constitute the chosen index, thereby offering a diversified portfolio. Index funds…
Source: Live Mint Floater credit cards or supplementary credit cards can be quite useful for meeting the financial requirements of a family. A floater credit card is an additional credit card that shares the credit limit with the primary card. These cards can be given to a family member, say a spouse. Virtual credit cards…
