The FinTech Hub
Source: Live Mint Before opening a fixed deposit (FD) account, depositors typically compare the interest rates offered by banks on their fixed deposits. Lenders, typically, offer lower interest rates on short term fixed deposits and higher rates on long term deposits. This means the interest offered on three-year FD is usually higher than that on…
Source: Live Mint Gold and Silver Prices Today: Gold prices observed a slight increase on Saturday. The cost of 24 carat gold is Rs.7594.3 per gm, reflecting an increment of Rs.130.0. The cost of 22 carat gold is Rs.6963.3 per gm, which has risen by Rs.120.0. The price change in 24 carat gold over the…
Source: Live Mint Bollywood has been doing it for years, so why shouldn’t Ridley Scott bring the son of the Gladiator back into the arena for revenge? South films have been giving political machinations filled with slash and chop peoples arms and legs and heads off violence, then why not see Roman blood and gore?…
Source: Live Mint The Central Board of Direct Taxes (CBDT) has started a Compliance-Cum-Awareness Campaign for Assessment Year (AY) 2024-25 to assist taxpayers in correctly completing the Schedule overseas assets and appropriately reporting income from overseas sources in their income tax returns (ITRs). As part of this campaign, informational messages will be sent via SMS…
Source: Live Mint Buy or sell stocks: The domestic stock market benchmarks, Nifty 50 and Sensex, are closed today, Friday, November 15, due to the observance of Guru Nanak Jayanti, creating a three-day trading hiatus. On Thursday, both indices extended their losing streak to six consecutive sessions, marking multi-month lows. This decline was attributed to…
Source: Live Mint To continue receiving pensions, all central and state government pensioners must submit their life certificates (Jeewan Braman patra) every year by the end of November. With the advent of technology, submitting a life certificate has become simpler. Pensioners have three options for submitting their Jeevan Pramaan Patra: in-person, online, or through doorstep…
Source: Live Mint Savvy investors can turn market downturns into tax advantages through loss harvesting in a bear market. Tax loss harvesting is a tactic smart investors use to profit from market declines. This technique enables individuals to sell underperforming stocks during a down market, resulting in losses that can be used to offset capital…
Source: Live Mint Top News The Securities and Exchange Board of India, in its recent circular, has introduced an abridged Common Application Form (CAF) for certain Foreign Portfolio Investors (FPIs). SEBI has simplified the registration process for certain FPIs by introducing an abridged CAF. This applies to FPIs linked to already registered investment managers, sub-funds,…
Source: Live Mint Fin One, a digital-first project by Angel One Limited, has provided insightful information about the changing financial habits of Gen Z and Millennials in India. It has unveiled its Fin One: Young Indians’ Saving Habits Outlook 2024, offering valuable insights into the evolving financial behaviours of Millennials and Gen Z across India….
Source: Live Mint Following better-than-expected September quarter results, global brokerage firm Nomura India has reaffirmed its ‘Buy’ rating on Vodafone Idea, setting a target price of ₹14. This suggests a potential 91 percent upside from the stock’s closing price of ₹7.34 on Friday. Nomura anticipates that the pace of subscriber losses for the telco will…
