The FinTech Hub
Source: Live Mint A Littlle Humour He added that the second problem with sitting on part cash is — “What do you pray for every morning”. “Second problem with sitting on part cash: What do you pray every morning? That markets go down because you have some cash or that the markets go up because…
Source: Live Mint Top News The National Payments Corporation of India (NPCI) has announced a significant change to its Unified Payments Interface (UPI) transaction limit. Effective from September 16, 2024, the UPI transaction cap has been raised to ₹5 lakh per transaction. This increase aims to further bolster India’s push toward a more robust digital…
Source: Business Standard Sebi has also denied to disclose the dates on which the disclosures were made. (Photo: Shutterstock) 3 min read Last Updated : Sep 21 2024 | 7:46 AM IST The Congress has slammed Sebi’s refusal to disclose instances when its chairperson Madhabi Buch recused herself due to conflict of interest and…
Source: Business Standard 4 min read Last Updated : Sep 20 2024 | 10:20 AM IST Gold: Up in volatile trading as the Fed goes for outsized rate cuts Performance Spot gold swung wildly in the wake of the US Fed cutting rates by 50-bps at its FOMC meeting concluded on September…
Source: Business Standard 5 min read Last Updated : Sep 20 2024 | 10:33 AM IST Silver: Sharply up in volatile trading as the Fed cuts rate by 50-bps. Spot silver was extremely volatile in the wake of the US Fed cutting rates by 50-bps at its FOMC meeting concluded on September 18. …
Source: Business Standard 4 min read Last Updated : Sep 20 2024 | 10:44 PM IST The Supreme Court’s dismissal of curative pleas filed by telecom companies, including Vodafone Idea, in the computation of adjusted gross revenue (AGR) case has evoked mixed views from brokerages. While the apex court’s move is sentimentally negative,…
Source: Business Standard 3 min read Last Updated : Sep 20 2024 | 11:33 AM IST Shares of ITD Cementation surged 18 per cent to Rs 558.15 on the BSE in Friday’s intraday trade, aided by heavy volumes, on report that Adani Group is eyeing promoter stake in the company. The stock of the civil…
Source: Business Standard 2 min read Last Updated : Sep 20 2024 | 10:58 PM IST US-based financial services company Vanguard Group on Friday bought shares of seven companies including Concord Biotech, Five-Star Business Finance and Marksans Pharma for Rs 998 crore through open market transactions. Vanguard through its affiliates acquired shares of…
Source: Business Standard 2 min read Last Updated : Sep 20 2024 | 6:39 PM IST Sebi allows mutual funds to buy, sell credit default swaps New Delhi, Sep 20 (PTI) Markets regulator Sebi on Friday allowed mutual funds to both buy and sell Credit Default Swaps (CDS), a move aimed at increasing liquidity…
Source: Live Mint Adani Energy Solutions, part of Adani Group, has had a volatile 2024, with the stock down over 6 percent YTD. In the last one year, it gained just 14.5 percent. Despite this lacklustre performance, brokerage firm Cantor sees potential multibagger returns for the stock. It has initiated a call on the Adani…
