The FinTech Hub
Source: Live Mint The proposal mandates asset management companies (AMCs) to allocate funds within 30 days of NFO closure, with a possible 30-day extension upon committee approval. The market regulator’s objective is to enhance transparency and safeguard investor interests by reducing fund idle time and ensuring alignment with stated asset allocations. Why Sebi is setting…
Source: Live Mint Top Gainers and Losers Today : **Top Gainers and Losers Today** The Nifty 50 index concluded the trading session at 24,304.35, reflecting a decline of 1.27%. Throughout the day, the index reached a high of 24,316.75 and fell to a low of 23,816.15. The Sensex experienced a trading range between 79,713.14 and…
Source: Live Mint Do you enjoy travelling to different countries but are tired of paying heavy exchange rates on foreign currencies? Well, now you do not need to lose your precious money anymore over exchange rates and say hello to a travel credit card! Usually you are required to pay a small foreign exchange fee…
Source: Live Mint Credit cards are a convenient method to track your expenses, but they also complicate tax preparation. Understanding the tax implications of your credit card transactions is critical for avoiding penalties and increasing your savings. In this article, we’ll answer common questions concerning credit card taxes and offer practical advice to make the…
Source: Live Mint Reliance Industries is likely to launch the initial public offering (IPO) for its telecom arm, Jio, next year, while the IPO for its retail division may be delayed until a later date, according to media reports. “Mukesh Ambani targets a 2025 Mumbai listing for his telecom business Jio, valued by analysts at…
Source: Live Mint In today’s market of online shopping and purchasing, consumers are always ready to find the best deals available at the lowest prices in town. While credit cards have many benefits, however, one aspect that will often be overlooked is called price protection. This kind of essential benefit, reserved for some credit cards…
Source: Live Mint Political risk—the notion that an election might have a meaningful impact on financial markets—used to be something that was the concern of emerging-market investors. Those in rich countries paid attention to central bankers, rather than politicians. Things are a little different today. In the run-up to America’s presidential election on November 5th,…
Source: Live Mint Are you a frequent traveller and want to save on budget? Then, travel credit cards are a great choice you can consider. Travel credit cards provide you with special discounts and reward programs to choose from so that you can make the most of your travel without compromising on luxury. In this…
Source: Live Mint In changing financial scenarios, mobile wallets are a new addition. You can link your credit card to a mobile wallet to avoid carrying a physical card every time you make a purchase. What is a mobile wallet? A mobile wallet is a digital version of your physical wallet that enables you to…
Source: Live Mint SBI Mutual Fund, the country’s largest asset management company (AMC), has achieved a record average asset under management (AAUM) of ₹10.99 lakh crore in the September quarter (Q2 FY25), according to data from the Association of Mutual Funds in India (AMFI). The fund house concluded FY24 with an AAUM of ₹9.14 lakh…
