The FinTech Hub
Source: Live Mint Possessing a credit card is not only uncommon but somewhat close to financial necessity in current times. However, before you procure a credit card, be mindful of a number of thumb rules; for instance, the unpaid dues accrue a very high rate of interest — sometimes as high as 3-4 per cent…
Source: Live Mint The Sukanya Samriddhi Yojana (SSY), a small deposit savings scheme introduced by the Indian government in 2015, continues to provide attractive returns for parents investing in their daughters’ futures. As part of the Beti Bachao Beti Padhao campaign, the SSY aims to support the educational and financial needs of girl children across…
Source: Live Mint The Indian Marlboro cigarette maker Godfrey Phillips India Limited announced that the company’s Board of Directors will meet on September 20 to discuss and consider a bonus issue of shares, according to the company’s Bombay Stock Exchange (BSE) filing on Friday, September 6. “We wish to inform that a meeting of the…
Source: Live Mint I’m sorry Dave, I’m afraid I can’t do that.” HAL 9000, the murderous computer in “2001: A Space Odyssey” is one of many examples in science fiction of an artificial intelligence (AI) that outwits its human creators with deadly consequences. Recent progress in AI, notably the release of ChatGPT, has pushed the…
Source: Live Mint As you are aware that the Union Government is set to roll out the Unified Pension System (UPS) from April 1, 2025 to give fixed, inflation-linked pensions to subscribers. As of now, the scheme is meant only for 23 lakh central government employees and the state government employees are permitted to opt…
Source: Live Mint Shares of Wockhardt Pharma Ltd dropped by more than 5 per cent on , following allegations by Congress that Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch had a conflict of interest with the pharmaceutical company. During a press conference today, Khera accused Buch of corruption and insider trading….
Source: Live Mint OpenAI plans to release two highly-anticipated models. Orion, potentially the new GPT-5 model, is expected to be an advanced large language model (LLM), while Strawberry aims to enhance AI reasoning and problem-solving, particularly in mastering math. Why are these projects important? Project Strawberry (earlier dubbed Q*, or Q-Star) is reportedly a secret…
Source: Live Mint Prior to investing in a fixed deposit (FD), depositors tend to compare the interest rates offered by different banks so that they can choose one bank over the other. Typically, the rate of interest and the tenure of FD go hand in hand. This means the longer the FD tenure, the higher…
Source: Live Mint If you are planning to invest in a mutual fund scheme, it is recommended to first compare the returns it delivered with those of its peers in the past few years. And if you are told that the returns rolled out by one scheme could have made you richer by ₹one crore…
Source: Live Mint P N Gadgil Jewellers Limited IPO: The initial public offering (IPO) of P N Gadgil Jewellers begins on September 10, 2024. Here are 10 key things from Financials to GMP to know before you consider subscribing 10 key things to know P N Gadgil Jewellers IPO: Key details- The initial public offering…
