The FinTech Hub
Source: Live Mint Before investing in a fixed deposit (FD), it is recommended to compare the interest rates offered by different banks. Typically, banks offer a higher rate of interest to the term deposit of a long tenure. Conversely, short tenure term deposits offer a relatively lower interest rate. Here, we list out the interest…
Source: Live Mint When every investor is chasing high-yielding funds, there are some who chase low-performing mutual funds to make the most of the current attractive valuations. Time and again, wealth advisors have advised that historical returns are not a guarantee for a scheme’s future returns. Therefore, just because a scheme has performed well in…
Source: Live Mint Top Gainers and Losers Today : **Top Gainers and Losers Today** The Nifty Index closed at 24,199.35, reflecting a decline of 0.21%. Throughout the trading day, the Nifty reached a high of 24,276.15 and a low of 24,066.65. The Sensex exhibited a trading range between 79,807.26 and 79,117.37, ultimately closing down 0.07%…
Source: Live Mint The IIMA-Aura Art Indian Art Index (IAIAI) has hit an all time high of 4,300 as investors take a fancy to artworks after a huge bull run in equity markets. The index, launched in November 2022 by the Indian Institute of Management at Ahmedabad in collaboration with Mumbai-based Aura Art, seeks to…
Source: Live Mint Shares of battery manufacturers Amara Raja Energy and Exide Industries have been on a consistent downward trajectory over the past five months, including November, as both stocks face persistent selling pressure. The companies’ recent financial results for the September quarter have failed to boost investor sentiment as both companies reported earnings that…
Source: Live Mint Ola Electric Mobility posted a consolidated net loss of ₹495 crore for the September 2024 quarter (Q2 FY25) on Friday, November 8. The loss declined from ₹524 crore posted in the same quarter last year. However, it was higher than ₹347 crore loss posted in the June 2024 quarter. The consolidated revenue…
Source: Live Mint IN JULY last year Henry Kissinger travelled to Beijing for the final time before his death. Among the messages he delivered to China’s ruler, Xi Jinping, was a warning about the catastrophic risks of artificial intelligence (AI). Since then American tech bosses and ex-government officials have quietly met their Chinese counterparts in…
Source: Live Mint YES Bank, with effect from Dec 1, will limit the number of YES Rewardz points which are redeemable on flights and hotel bookings. Cardholders can use their points to cover up to 70 percent of the total invoice or up to a monthly cap, whichever is lower. The monthly caps are: MARQUEE…
Source: Live Mint Tata Motors Q2 Results: Automaker Tata Motors on Friday, November 8, reported an 11 per cent year-on-year (YoY) fall in consolidated net profit to ₹3,343 crore for the quarter ended September 2024 (Q2 FY25). The figure stood at ₹3,764 crore in the same period last year. Meanwhile, the revenue declined by 3.74…
Source: Live Mint With a nearly 25-year track record across industry giants like HSBC, Kotak, and Invesco Mutual Fund, Nair is on a mission to simplify investing, cutting through market noise with a focus on long-term strategies that align with investor goals and risk tolerance. In a recent conversation with Mint, he shared Union AMC’s…
