The FinTech Hub
Source: Live Mint Indian stock market benchmarks witnessed a surprising decline last week after consolidating at all-time highs for 14 straight sessions dragged by weak global cues. In the second week of September, investors will closely monitor key triggers such as domestic and global macroeconomic data, including inflation in India and the US, foreign fund…
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 I live in a rented flat in Noida, U.P., paying a rent of less than two lakh per annum (INR). The flat owner is an NRI residing in Dubai, UAE. Please advise whether I, as a tenant, must deduct tax before paying rent every month to the NRI landlord. If yes, how…
Source: Live Mint The Indian stock market ended Friday’s session lower, snapping a 3-week winning streak, as investors remained cautious ahead of a crucial US jobs report that could determine the size and speed of the Federal Reserve’s interest rate cuts. Both the Nifty 50 and BSE Sensex finished Friday’s session in the red. The…
Source: Live Mint As India has largest amount of data and largest IT services industry in the world, the country can do to artificial intelligence (AI) what China did to manufacturing, said Ola founder and chief executive officer (CEO) Bhavish Aggarwal on Sunday. In a post on social media platform X (formerly twitter), Bhavish Aggarwal…
Source: Live Mint Gold rate today: After inching close to the record high of $2,531 per ounce, gold prices witnessed sharp selling last week and ended below the psychological $2,500 per ounce mark. COMEX gold price finished at $2,526 per troy ounce, whereas spot gold price ended at $2,497 per ounce. On the Multi Commodity…
Source: Live Mint In an interview on the sidelines of the Google I/O Connect held in Bengaluru on Wednesday, Ajjarapu reasoned that with its largest mobile-first population, micro-payment and digital payment models, a booming startup and developer ecosystem, and diverse language landscape, “India is uniquely positioned to drive the next generation of AI innovation.” In…
Source: Live Mint Multibager stock: The potential of multibagger stocks is like a beacon of hope in the world of investments. As Charlie Munger once said, the real money is not in the buying or selling but in the waiting. This principle holds true for penny stock investment, where the focus is on the long-term…
Source: Live Mint ANYONE CAN spot a tipping point after it’s been crossed. Also known as critical transitions, such mathematical cliff-edges influence everything from the behaviour of financial markets and the spread of disease to the extinction of species. The financial crisis of 2007-09 is often described as one. So is the moment that covid-19…
Source: Live Mint Investors in the riskiest portions of collateralized loan obligations are seeing their returns get juiced thanks to the biggest wave of resetting on record. Resets, a form of refinancing for CLOs, surged to a US record of more than $26 billion in August, according to data compiled by Citigroup Inc. that dates…
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