The FinTech Hub
Source: Live Mint Financial experts came together at the Mint Money Festival 2024 to discuss FIRE (financial independence, retire early), how to execute it, and things to look out for along the way. FIRE was popularized by the 1992 bestselling book Your Money or Your Life by Vicki Robin and Joe Dominguez. Here, people seek to…
Source: Live Mint Indian Bank offers a special fixed deposit (known as IND Super 400 days) that offers upto 8.05 percent for super senior citizens. For the general public, the rate of interest is 7.30 percent and senior citizens are entitled to receive 7.80 percent per annum. IND Supreme 300 days fixed deposit There is…
Source: Live Mint Reliance Industries Ltd on Thursday said it has acquired a 21 per cent stake in US helium gas exploration and production company Wavetech Helium Inc for USD 12 million. “Reliance Finance and Investments USA LLC, a step-down wholly owned subsidiary of the company, has on November 27, 2024 entered into a stock…
Source: Live Mint India’s deep-rooted love affair with gold dates back centuries. In the bygone era ofrajas andmaharajas, gold coins were bestowed as rewards, andasharfis were used to trade for commodities. Even today, gold remains more than just an investment asset class; it is deeply ingrained in India’s cultural fabric and every auspicious occasion, from…
Source: Live Mint Capital markets regulator Securities and Exchange Board of India (SEBI), on Thursday, November 28, announced measures to ensure seamless trading during technical outages, particularly in interoperable segments such as equities, derivatives, and currency markets on stock exchanges. The measures aim to strengthen the business continuity and disaster recovery mechanisms of the two…
Source: Live Mint “I started my research purely from the knowledge perspective so that I don’t appear clueless when my clients talk to me about it. I felt I should understand all about it before I write it off or look at it as an investment option,” said Pande. Initially, he allocated 1-2% of his…
Source: Live Mint An Indian-origin individual living outside India is termed a Non-Resident Indian (NRI). The Income Tax Act, 1961, outlines different tax rules for residents and NRIs. Residency status is determined based on the time spent in India during a financial year. This guide explains NRI status, taxation rules, and the concept of Resident…
Source: Live Mint Aptex Ecotech IPO: The initial public offer of Aptex Ecotech opened for subscription on November 27 in the price band of ₹71 to ₹73 per share. Aptex Ecotech IPO, worth ₹25.54 crore, is entirely a fresh issue of 34.99 lakh shares. The issue closes for subscription on Friday, November 29, with the…
Source: Live Mint If you have faced a credit card fraud, the immediate reaction is to call up the banker to get the card blocked. Does it mean that your card has been closed? Well, it does not. Closure of card is quite different from the blocking of card. Let us understand with an example….
Source: Live Mint Credit score might be one of the most critical figures in any adult’s life. It reflects your borrowing and repayment habits, as documented in your credit history. Among the factors influencing your credit score are hard inquiries, often misunderstood but can significantly affect your financial standing. Let’s delve into what hard inquiries…
