The FinTech Hub
Source: Live Mint TSX ends up 0.7% at 24,898.03 Materials group jumps 3.3% Energy gains 1.6% with oil up nearly 2% (Updates to market close) Jan 2 (Reuters) – Canada’s main stock index rose on Thursday on the first trading day of 2025 as a jump in commodity prices boosted energy and metal mining shares,…
Source: Live Mint Stocks lit a spark of optimism for investors in the New Year as the benchmark indices roared back, even as experts keep their fingers crossed on whether the rally has legs. The Nifty and Sensex closed 1.9% and 1.8% higher at 24,188.65 and 79,943.71 respectively, on a day that saw relatively lower…
Source: Live Mint (Adds Citadel and Schonfeld) * Hedge fund 2024 returns range from almost 10% to over 30% * Equity performance adds to returns, energy detracted – sources By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK, Jan 2 (Reuters) – Some of the world’s largest hedge funds finished 2024 with comfortable double-digit returns, benefiting…
Source: Live Mint Markets regulator Sebi on Thursday barred three individuals, including Ketan Parekh, from the securities markets with immediate effect for their alleged involvement in a front-running scheme which generated illegal gains of ₹65.77 crore. Further, Sebi directed 22 entities, including Parekh, to impound unlawful gains worth ₹65.77 crore earned from the alleged violations,…
Source: Live Mint Unified Payments Interface (UPI) transactions hit a record 16.73 billion in December 2024, shows data released by the National Payments Corporation of India (NPCI). This figure marks an eight percent increase as compared to November’s data, which recorded 15.48 billion transactions. NPCI also reported that the total value of transactions in December…
Source: Live Mint Companies like Rajputana Stainless Ltd, Caliber Mining and Logistics Ltd., and Regaal Resources Ltd. have filed their draft red herring prospectus with the Securities and Exchange Board of India (SEBI). The companies aim to raise funds from the Indian stock market to cater to their funding requirements. Take a look at the…
Source: Live Mint Mumbai: India’s market regulator said it has uncovered an alleged front-running scheme involving Ketan Parekh, convicted in 2008 for stock market manipulation, and Rohit Salgaocar, whose company facilitated these “illicit” trades that led to unlawful gains of ₹65.77 crore. Parekh and Salgaocar orchestrated trades based on confidential, non-public information (NPI) related to…
Source: Live Mint LONDON, Jan 2 (Reuters) – Robusta coffee futures on ICE rose on Thursday as rains continued to delay the Vietnam harvest and heighten quality concerns. * Robusta coffee gained 1.7% to $4,957 a metric ton by 1200 GMT, driven by the rain-hampered harvest in top producer Vietnam. * “The continuous rainy weather…
Source: Live Mint If you are short of funds and need the money urgently, it is recommended to raise a personal loan. For instance, if there is a wedding at home and you have run out of money, you can raise a personal loan. Otherwise, your house needs renovation, and the bank balance is inadequate…
Source: Live Mint The US stock markets opened higher on the first trading session of 2025, after the New Year break on January 2, as investors eye fresh political landscape and more interest rate cuts in the US economy. The Dow Jones Industrial Average gained 0.27% to open at 42,660.09 points. The S&P 500 rose…
