The FinTech Hub
Source: Live Mint Finance minister Nirmala Sitharaman on Wednesday launched NPS Vatsalya Yojana to give an early head-start to children to save for retirement. Parents can open an account for their child from birth to up to 17 years of age. When the child turns 18, the Vatsalya account will convert into a regular NPS…
Source: Live Mint Mumbai-based Manba Finance is all set to launch its initial public offering (IPO) on September 23. The company has fixed the price band for its upcoming IPO at ₹114to ₹120 with a face value of ₹10. Investors can place bids for at least 125 equity shares, and in increments of 125 Equity…
Source: Live Mint US stock indices rose slightly on Wednesday, as investors widely expect the Federal Reserve to deliver its first interest rate cut in more than four years. At the opening bell, the Dow Jones Industrial Average rose 22.7 points, or 0.05%, to 41,628.91. The S&P 500 rose 7.1 points, or 0.13%, to 5,641.68,…
Source: Live Mint “What’s up?” she asked Vivaan as soon as she entered the bedroom. He was lying down curled up like a baby. “Oh, you have come back early,” said Vivaan, who was a mid-level engineer in a software company. “I didn’t hear the door open.” “Well, if you blast music at such a…
Source: Live Mint I will be retiring in the next five years and have been researching how much of a retirement corpus is sufficient for me and my spouse, considering our current monthly expenses are ₹1 lakh. I’ve come across posts on social media suggesting a corpus of ₹2 crore is enough, where I can…
Source: Live Mint Mint spoke to financial experts to help answer this critical question. When you’ve met your goal One of the most straightforward reasons to sell your mutual fund investments is that you have achieved your financial goal. Vishal Dhawan, a Sebi-registered investment advisor and founder & CEO of Plan Ahead Wealth Advisors, said…
Source: Live Mint Emami Ltd is gearing up for a better FY25, eyeing double-digit domestic revenue growth after clocking a 4% increase in FY24. So, what’s the game plan? focus on direct-to-consumer (D2C). Emami recently acquired the remaining 49.6% stake in The Man Company for ₹180 crore, cementing its position in the premium male grooming…
Source: Live Mint Top Gainers and Losers Today : **Top Gainers and Losers Today** The Nifty index concluded trading at 25,418.55, reflecting a decrease of 0.16%. During the session, the Nifty reached a peak of 25,482.2 and dipped to a low of 25,285.55. The Sensex fluctuated between 83,326.38 and 82,700.63, ultimately closing 0.16% lower at…
Source: Live Mint Emcure Pharmaceuticals share price jumped over 5% to hit a fresh 52-week high on Wednesday after domestic brokerage firm Kotak Institutional Equities initiated coverage on the stock with a bullish view. Emcure Pharma shares spiked as much as 5.80% to a high of ₹1,577.50 apiece on the BSE. Kotak has assigned ‘Add’…
Source: Live Mint Indian IT stocks experienced a sharp sell-off in Wednesday’s trade, leading the Nifty IT index to plunge by 3.7% to 41,820 points, falling below the 42,000 mark for the first time since September 9. This decline has pushed the index to a two-week low. All 10 constituents are currently trading with significant…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25718619/2182236802.jpg?w=400&resize=400,250&ssl=1 "NYT tech workers are making their own games while on strike")