The FinTech Hub
Source: Live Mint Many investors start reviewing their portfolios at the end of the year and making calculated choices to reach their financial objectives. Selecting between Exchange Traded Funds (ETFs), Public Provident Funds (PPF), and Bank Fixed Deposits (FDs) for year-end investments is a frequent conundrum. While PPF offers a safe, tax-free return of 7.1%…
Source: Live Mint SME stock Hi-Tech Pipes have given exceptional to its investors in the long term. Investors who had invested ₹1.5 lakh in its IPO in February 2016 would have turned ₹51 lakh till now. Stock Split and IPO details Hi-Tech Pipes announced a stock split in January 2023, reducing the face value of…
Source: Live Mint Instead of the regular index, where the highest weight is given to the stock with the largest market capitalization, the smart-beta index gives the highest weight to the stock that scores the highest on the specific factor. View Full Image At the Mint Money Festival 2024, which took place on 22 November…
Source: Live Mint Small-cap Stock: Krystal Integrated Services Limited (Krystal) share price rose 5 per cent to ₹779.3 on Tuesday, November 26 after the company announced receiving a ₹106.3 crore contract from the Brihanmumbai Municipal Corporation (BMC). The contract, valued at ₹1,062.99 million ( ₹106.3 crore), covers three years and involves providing comprehensive attendant manpower…
Source: Live Mint An NRI (Non-Resident Indian) who earns income both abroad and in India often encounters difficulties in managing finances. They also face challenges in keeping track of bank accounts in a foreign country, and sending money to their home account can be tricky. NRE (Non-Resident External) and NRO (Non-Resident Ordinary) accounts are the…
Source: Live Mint Securing your child’s education abroad requires more than just setting aside savings—it demands a strategic and well-structured financial plan. Making plans for your child’s education is crucial to any parent’s financial planning. Education inflation is higher than regular inflation, and with the expected depreciation of the INR, parents need to factor in…
Source: Live Mint The year 2024 has emerged as a stellar one for the Indian primary market, witnessing an unprecedented surge in activity. Companies from diverse sectors—including technology, consumer goods, green energy, and financial services—have successfully debuted on Indian stock exchanges, capitalising on favourable market conditions. Moreover, high-profile debuts from companies like Swiggy, Hyundai Motor…
Source: Live Mint Modern credit cards and debit cards are the core of financial life in a fast-paced world. Both are made for convenience and flexibility but are based on fundamentally different concepts. Understanding these key differences will help you make sound financial decisions that will benefit your lifestyle. What is a credit card? A…
Source: Live Mint In the recent past, most banks have either reduced the benefits of their credit card reward program or allowed some benefits on spending a specified amount. For example, for airport lounge access, some banks have either reduced the complimentary visits and/or made the access spend-based. The National Payments Corporation of India (NPCI)…
Source: Live Mint Stock market today: The domestic benchmark indices, Nifty 50 and Sensex, experienced a positive surge on Monday, sustaining their early momentum and signalling a promising start to the week. This upward movement indicates a constructive effort to recover from recent losses. The Sensex concluded the day at 80,109.85 points, marking an increase…
