The FinTech Hub
Source: Live Mint Gold prices rose ₹600 to ₹78,050 per 10 grams in Delhi on Tuesday, November 19, amid a strong global trend in the foreign markets, according to the All India Sarafa Association, reported the news agency PTI. The precious yellow metal with 99.9 per cent purity closed at ₹77,450 per 10 grams the…
Source: Live Mint Miami real estate developer Jorge Perez said interest rate cuts are needed “badly” to help builders manage soaring costs. Borrowing costs have ticked up in recent weeks, boosted by stronger-than-expected economic data. Some developers who were hoping for more pronounced interest-rate cuts by the Federal Reserve have now tempered their expectations for…
Source: Live Mint Oil swung between gains and losses as Russia’s war against Ukraine escalated while Iran agreed to stop producing uranium enriched close to the level at which it can be used in nuclear weapons. West Texas Intermediate fluctuated around $69 a barrel after Ukrainian forces carried out their first strike on a border…
Source: Live Mint Upcoming IPO: Saatvik Green Energy has filed a draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). According to the DRHP documents, filed on Monday, November 18, Saatvik Green Energy is looking to raise up to ₹1,150 crore via…
Source: Live Mint Aegis Vopak Terminals Limited has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) on Monday, November 18. The company aims to raise nearly ₹3,500 crore through this initial public offering (IPO), which comprises solely a fresh issue of equity shares with a face value…
Source: Live Mint Over a period of time, the use of personal loans has extended to cover almost all possible needs of any individual, for example, loans for home renovation, medical expenses, etc. These loans are very useful but still remain flexible and easy to use.. Yet, as much as they may all be termed…
Source: Live Mint US stock indices slipped on Tuesday, as investors rush to safe-haven assets on escalating tensions between Russia and Ukraine. At the opening bell, the Dow Jones Industrial Average fell 146.3 points, or 0.34%, to 43,243.27. The S&P 500 fell 23.6 points, or 0.40%, to 5,870.05, while the Nasdaq Composite dropped 92.1 points,…
Source: Live Mint How can a private trust benefit a differently abled child? Who should be appointed as a trustee? And how can utilization of the trust’s assets be effectively controlled? Establishing a private trust to safeguard the financial future of a differently abled child offers significant advantages over other forms of security or investment….
Source: Live Mint If you have a big credit card debt and believe that the bank will simply forego it since the debt is unsecured, then you are being delusional. A credit card company has all the right to take the defaulter to court. While most credit card users feel that the only implication of…
Source: Live Mint NTPC Green Energy Limited’s initial public offering (IPO), through a book-building process, offers a fresh issue of 92.59 crore shares. The state-owned renewable energy producer aims to raise ₹10,000 crore from the public issue. The IPO opened for public subscription on Tuesday, November 19 and will close on Friday, November 22. The…
