The FinTech Hub
Source: Live Mint Many investors are eagerly waiting for Donald Trump to take over as the 47th President of the United States on January 20, 2025 as it is likely to cause a spike in the benchmark indices of US markets. While regulatory roadblocks make investing directly in US stocks seem cumbersome for domestic investors,…
Source: Live Mint Top News The Securities and Exchange Board of India (SEBI) has proposed a platform called MITRA (Mutual Fund Investment Tracing and Retrieval Assistant) to help investors reconnect with their forgotten or unclaimed mutual fund investments. MITRA will assist individuals in tracing inactive or lost mutual fund folios, ensuring that no hard-earned money…
Source: Live Mint A Jodhpur bench of Income Tax Appellate Tribunal (ITAT) recently ordered that the gains on cryptocurrencies sold before 2022 will be treated as capital gains and not as income from other sources. This is believed to hold a lot of significance as the capital gains (both short and long term) on cryptocurrencies sold after April…
Source: Live Mint As we are geared to enter the year 2025, the mutual fund industry is seen promising and shows no signs of slowing down. The growth of the overall asset size in the mutual fund industry has been quite impressive, particularly in the equity space. Over the past decade, retail investors have moved…
Source: Live Mint Top News Sanjay Malhotra has been appointed as the new Governor of the Reserve Bank of India (RBI), taking on one of the most significant roles in the country’s financial and economic ecosystem. With a wealth of experience in banking and governance, Malhotra is expected to steer the central bank through complex…
Source: Live Mint In an interview with Mint, Amit Suri, founder of AUM Wealth, discusses strategies for handling market volatility, including smart systematic transfer plans that adjust fund transfers based on market conditions. He also advises on credit card management and financial planning for discretionary expenses. Edited excerpts Can you share a bit about AUM…
Source: Live Mint Backed by fundamentals and New Delhi’s commitment to attracting private capital, the trend would continue, increasing global investor interest and focus in India over time, Pettit said. He underscores the importance of energy transition projects for developed and emerging market economies as institutional investors remain focused on managing long-term financial risks and…
Source: Live Mint Top News The Securities and Exchange Board of India (SEBI) has introduced revised guidelines for stockbrokers regarding the use of shared contact information for multiple clients. SEBI has updated its guidelines on SMS and email alerts to investors, allowing stockbrokers to upload the same mobile number or email address for multiple clients…
Source: Live Mint Stock Market Today: Indian equity markets ended flat with a negative bias on Friday, December 6, with the Nifty 50 and Sensex showing little movement after a series of key announcements by the Reserve Bank of India (RBI) in its MPC meeting today. The RBI MPC pulled off a balancing act today…
Source: Live Mint Indian markets are expected to open positively on December 5, following a strong close on Wall Street, while Asian peers opened with mixed movements. The US benchmark indices reached record highs for the third consecutive session on Wednesday, with the Dow surpassing the 45,000 mark for the first time, while the S&P…
