The FinTech Hub
Source: Live Mint (Bloomberg) — Oil is on track to snap a five-session rally as key technical markers show gains driven by tightness in global physical crude markets may have gone too far. West Texas Intermediate fell more than 0.5% to below $74 a barrel, reversing earlier gains after futures were unable to breach a…
Source: Live Mint (Bloomberg) — European stocks rose the most in over a month boosted by technology, autos and luxury shares as investors weighed Donald Trump’s tariff plans. The Stoxx 600 Index was up 1% at the close in London, with auto and luxury stocks jumping on the back of the Washington Post’s report that…
Source: Live Mint Carvana Co. said it has reestablished an agreement with Ally Financial Inc. to sell the lender up to $4 billion in used-vehicle loan receivables over the next year, a move that counters one claim by short seller Hindenburg Research that the financier was pulling back on their relationship. The deal, announced in…
Source: Live Mint To pursue higher education anywhere in the world, students not only require good grades but having enough finances is equally important. Most students face difficulty in arranging finances to fund their higher education despite having good grades. In order to help such students, the government and private banks have introduced a scheme…
Source: Live Mint Fresh virus fears rode on other weak signals to send the markets tumbling on Monday, wiping out ₹11 trillion of investor wealth in a day. Benchmarks BSE Sensex and NSE Nifty crashed more than 1.5% each, and fear gauge Vix rose the most in four months. News of two cases of the…
Source: Live Mint India’s Unified Payments Interface (UPI) transactions rose to 16.73 billion for the month of December 2024, according to data collected from the National Payments Corporation of India (NPCI) website. This rise is killing the nation’s Toffee or candy business. The transactions rose 8 per cent month-on-month (MoM) to its December level, when…
Source: Live Mint In the last few months, many banks have announced changes to their credit card rewards program. Some banks have excluded some categories from earning reward points, while some have started charging a 1% processing fee on some categories. Some banks have gone one step ahead and announced the exclusion of reward points…
Source: Live Mint Wall Street Today: The US stock markets opened higher on January 6, as investors remain optimistic about the artificial intelligence technology fueling the tech stock gain on Monday. At 9:30 am (EDT), the stock markets for the United States opened higher, with the Dow Jones Industrial Average gaining 0.24 per cent to…
Source: Live Mint If you regularly invest in financial assets and have recently redeemed some of your investments, it is noteworthy that the profits earned on these gains are subject to capital gains tax. While we are in the run-up to the Budget 2025, it is worth recalling that the previous Budget, announced on July…
Source: Live Mint The credit utilisation ratio on your credit card is an important financial metric that lenders consider while approving a loan. If your credit utilisation ratio is above normal limits, the chances of you getting a loan comes down significantly. Here is a primer on credit utilisation ratio, how it works and how…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25619781/IMG_5234.jpeg?w=400&resize=400,250&ssl=1 "Cars with Android Automotive are about to get a lot more apps")