The FinTech Hub
Source: Live Mint India’s small savings schemes, long cherished for their high interest rates, are under the scanner. The government has announced a strict crackdown on irregular Public Provident Fund (PPF) and Sukanya Samriddhi Account (SSA) accounts, stripping them of their attractive 7.1% and 8.2% interest rates. Instead, such accounts will either earn no interest…
Source: Live Mint Gold rate today: After three weeks of consolidation, gold prices moved decisively upwards last week and touched a new peak of $2,583 per ounce in the spot market. During Friday’s session, Comex’s gold price touched a new high of $2,611.60 per troy ounce. While climbing to this new peak, the yellow metal…
Source: Live Mint Stock market holiday: After a week of bullish activity, stock market investors and followers must know about the upcoming holiday. The confusion surrounding the Eid Milad Un Nabi falling on Monday, 16th September 2024, can be resolved by referring to the BSE or NSE website for the official list of stock market…
Source: Live Mint Latest Market News Today Live Updates: Catch today’s market wrap-up! Track Nifty 50 and Sensex movements, along with top gainers and losers. See how Asian and US markets fared and which sectors led the charge (or declined). Summary: Follow Mint’s market blog for real-time updates on your favourite companies. This blog keeps…
Source: Live Mint Western Carriers India IPO: The initial public offering (IPO) of logistics company Western Carriers Ltd. received a tepid response from investors on the first day of subscription. On Friday, September 13, the mainboard IPO was subscribed 79 per cent, with only the retail portion booked fully, according to BSE data. Western Carriers…
Source: Live Mint Arkade Developers Limited, the real estate development firm, on Friday, said that it has raised around ₹122.40 crore from investors in its anchor round, ahead of the company’s proposed initial public offering (IPO), according to the company’s exchange filing. As per the exchange filing, the company has allocated 95,62,500 or 95.62 lakh…
Source: Live Mint European stocks gained, with the regional benchmark heading for its best week in a month. Danish stocks hit an all-time high, helped by the rally in Novo Nordisk A/S. The Stoxx 600 Index rose 0.5% as of 12:58 p.m. in London. The index is up 1.5% this week, recouping some of last…
Source: Live Mint NEW YORK — U.S. stocks closed out their best week of the year with more gains on Friday and climbed to the cusp of their records. The S&P 500 rose 0.5% for a fifth straight gain and is just 0.7% below its all-time high set in July. Rallies for Microsoft, Broadcom and…
Source: Live Mint European stocks rose on Friday, with the regional benchmark marking its best week in a month. Danish stocks hit an all-time high, helped by this year’s rally in Novo Nordisk A/S. The Stoxx 600 Index rose 0.8% at the close in London, rounding out a 1.9% advance for the week to recoup…
Source: Live Mint (Bloomberg) — A trio of biotech companies’ shares rose in their first trading sessions after they each sold more shares in their respective initial public offerings than they had planned. Bicara Therapeutics Inc. shares climbed 42% to $25.50 apiece as of 1:22 p.m. on Friday. The company had expanded its IPO to…
