The FinTech Hub
Source: Live Mint A family from Miryalaguda lost ₹6 lakh after mistakenly transferring tuition fees to the wrong U.S. bank account over two months ago. As per a report by TOI, Dongari Chakravarthi is studying Advanced Data Analytics at the University of North Texas. His family sent $7,100 ( ₹5,99,174) for his term fees. The…
Source: Live Mint It was a foregone conclusion that Dabur India Ltd’s September quarter (Q2FY25) results would disappoint, as the company’s business update earlier this month had already cautioned of a weak quarter. Unsurprisingly, Dabur’s shares reacted with only a muted response. Read this | Dabur’s September-quarter update pours cold water on market hopes Consolidated…
Source: Live Mint The Public Provident Fund (PPF) is a highly popular savings scheme that offers a low-risk investment option. As you prepare for Diwali 2024 festivities, consider opening a Public Provident Fund (PPF) account to secure your financial future. However, before you proceed, it’s important to be aware of three significant changes that could…
Source: Live Mint Diwali 2024 Muhurat trading: The Indian stock market took a sharp downturn in October, ending its multi-month winning streak. After a steady six-month climb, the BSE Midcap index has slipped, down by 7 per cent in October. The BSE Smallcap index, following a four-month winning streak, has dipped 4.5 per cent. Meanwhile,…
Source: Live Mint Gensol Engineering share price jumped by 5% during Thursday’s trading after the promoter and managing director, Anmol Singh Jaggi, increased his ownership in the firm. In an exchange filing, the company announced that Jaggi has obtained an additional 26,500 shares through open market transactions. As a result, Jaggi’s ownership stake in the…
Source: Live Mint PPF calculator: A Public Provident Fund (PPF) account is a risk-free investment and tax-saving tool backed by the central government. This small savings scheme offers attractive long-term returns. Currently, the PPF interest rate stands at 7.1%. The PPF account has a maturity period of 15 years, but it can be extended indefinitely…
Source: Live Mint However, leveraging shares comes with conditions and risks that need careful consideration. How loan against shares works A loan against shares (LAS) allows borrowers to pledge their equity holdings as collateral for an overdraft facility, offering flexibility by charging interest only on the utilized amount. For example, if shares worth ₹10 lakh…
Source: Live Mint IRCTC Share Price Today on 31-10-2024: At 31 Oct 11:32 today, IRCTC shares are trading at price ₹829.75, -1.18% down from the previous closing price. Sensex is trading at ₹79550.06, down by -0.49%. The stock has hit a high of ₹842.35 and a low of ₹829 during the day. On the technical…
Source: Live Mint My late father bought a plot of land in 1999. The exact cost he paid is not available. He gifted it to me in August 2022 through a duly executed gift deed on which proper stamp duty was paid. Now, I am planning to sell this plot for two Crore rupees in…
Source: Live Mint Stock market today: The NSE-listed SME stock Troms Industries’ share price witnessed strong buying interest during early morning deals on Thursday. The SME stock opened with an upside gap at ₹235 apiece and touched an intraday high of ₹249 apiece on the NSE, logging an over 5 per cent intraday rise against…
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