The FinTech Hub
Source: Live Mint I sold some shares during the current year on which I earned some Long Term Capital Gains (LTCG) and immediately invested the sale proceeds to buy a residential flat, say flat A, to claim exemption u/s 54 F in June 2024. I sold another of my flats before 23rd July 2024 (Not…
Source: Live Mint In a move to curb speculative trading by retail investors, market regulator Securities and Exchange Board of India (SEBI) plans to introduce stricter rules for derivative trading, according to sources with direct knowledge of the situation. These new measures are expected to increase entry barriers and raise the cost of trading for…
Source: Live Mint Harshil Mathur-led Indian payments gateway platform Razorpay has been included in the Forbes Cloud 100 list for 2024. This is the company’s third consecutive appearance on the Forbes list of the top 100 cloud-computing private companies in the world. The list was released on August 6, 2024. Razorpay remains the only Indian…
Source: Live Mint Ganesh Chaturthi marks the beginning of the festive season in India, a time associated with new beginnings and prosperity. It’s an auspicious period to reflect on your financial journey and make informed decisions that align with the blessings of Lord Ganesha. Market activity typically increases during this season, offering growth opportunities. Recent…
Source: Live Mint Top Gainers and Losers Today : **The Top Gainers and Losers Today: Market Overview** The Nifty index closed at 25,145.1, reflecting a decline of 1.17%. Throughout the trading session, the Nifty reached a high of 25,168.75 and a low of 24,801.3. Meanwhile, the Sensex fluctuated between 82,254.79 and 80,981.93 before closing down…
Source: Live Mint xAI, the artificial intelligence company owned by Elon Musk, has officially unveiled its latest AI models, Grok-2 and Grok-2 Mini, in a beta release. As per Gadgets 360, these new models represent a significant upgrade from the company’s previous AI iteration, Grok-1.5, offering enhanced capabilities in conversational AI, coding, and complex reasoning…
Source: Live Mint From time to time, you may get a message or email from your bank mentioning that you are eligible for an increase in the credit limit on your credit card. Some people who need a higher limit may accept the offer. Some people may ignore the message, thinking they are already using…
Source: Live Mint On the special occasion of Ganesh Chaturthi, Sumeet Bagadia of Choice Broking has suggested Asian Paints stock to buy with a target price of ₹3562/ 3725. “Asian Paints (ASIANPAINT) is currently trading at ₹3244 and has formed a symmetrical triangle pattern on the monthly chart with significant volume, indicating a strong bullish…
Source: Live Mint In a landmark event on August 15, Ola founder Bhavish Aggarwal announced significant advancements in artificial intelligence and technology during the company’s ‘Sankalp 2024’ event in Bengaluru. The event highlighted the integration of Krutrim, an AI startup founded by Aggarwal, into Ola Electric and Ola Consumer (formerly Ola Cabs), along with the…
Source: Live Mint (ANI)- India’s digital payments industry is witnessing a huge surge, with transaction volumes growing by 42 per cent year-on-year (YoY) in FY 2023-24, according to a new report by PwC. The report projects that the industry will experience threefold growth, with transaction volumes set to rise from 159 billion in FY 2023-24…
