The FinTech Hub
Source: Live Mint Ganesh Chaturthi 2024: As we kick off the festive season of 2024 with Ganesh Chaturthi, reflecting on the Initial Public Offering (IPO) market reveals some astounding numbers. In essence, IPOs have become the talk of the town following the record highs of Nifty 50 and Sensex, capturing attention not only in the…
Source: Live Mint The Bombay High Court has granted interim relief to singer Arijit Singh in his copyright suit against artificial intelligence (AI) platforms and others for violating his personality rights. Justice RI Chagla noted that Singh’s name, voice, image, likeness, persona and other traits are protectable under his personality rights and right to publicity….
Source: Live Mint I’ve taken a two-year leave of absence from my job to travel and indulge in my interests. My revenue from mutual fund redemptions last year was ₹5.1 lakh; all of these were long-term holdings. The approximate long term capital gain was ₹2 lakh. Is there going to be any tax due this…
Source: Live Mint Wockhardt on Saturday, September 7, refuted all allegations levelled by Congress that it made rental payments to Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch through its affiliate Carol Info Service. The company also denied any connection with the orders passed by the capital market regulator in connection to…
Source: Live Mint Have you ever wondered what can you do if you want to open a fixed deposit account but do not have access to a large sum. Is this possible to accumulate the deposit money in tranches? Well, Bank of Baroda offers systematic deposit plan (SDP) to those depositors who want to start…
Source: Live Mint The internet provided not only the images, but also the resources for labelling them. Once search engines had delivered pictures of what they took to be dogs, cats, chairs or whatever, these images were inspected and annotated by humans recruited through Mechanical Turk, a crowdsourcing service provided by Amazon which allows people…
Source: Live Mint But first, what’s a portfolio investment scheme? It’s an arrangement introduced by the Reserve Bank of India to enable NRIs to invest in the stocks of Indian companies, and allows for both repatriation and non-repatriation of profits. But there are differences in PIS and non-PIS accounts that you need to consider before…
Source: Live Mint Buy or sell stocks: Following fears of a slowdown in the US labour market and US inflation, the Indian stock market ended lower for the third straight session on Friday. The Nifty 50 index lost 292 points and closed at 24,852, the BSE Sensex lost 1,017 points and closed at 81,183, whereas…
Source: Live Mint Unlike his competitors, Dikec eschewed any specialised equipment – such as noise-cancelling ear protectors, special lenses to enhance precision and prevent blurring, or even a hat. Yet, he and his teammate won silver, and took social media by storm. “SWAG. This man just explained the meaning of the term to us, “Anand…
Source: Live Mint HDFC Bank has revised its Marginal Cost of Lending-based interest rates (MCLR) with effect from Saturday i.e., September 7. Now, the MCLR based lending rates will be in the range of 9.10 to 9.45 percent per annum. However, only MCLR for 3-month tenure has been raised by 5 basis points. The rates…
