The FinTech Hub
Source: Live Mint Mumbai, Benchmark Sensex and Nifty started the New Year on a high note with the key indices closing higher in a see-saw trade on Wednesday on buying in blue-chip stocks. Snapping its two-day falling streak, the 30-share BSE Sensex rose by 368.40 points or 0.47 per cent to settle at 78,507.41 on…
Source: Live Mint Mumbai, Jan 1 (PTI) The Reserve Bank on Wednesday said 98.12 per cent of the ₹2000 banknotes have been returned to the banking system, and only ₹6,691 crore worth such notes are still with the public. On May 19, 2023, the Reserve Bank of India (RBI) announced the withdrawal of ₹2000 denomination…
Source: Live Mint However, what about their value as investments? Are diamonds really forever? Mint asked experts to share investing lessons from diamonds’ two-decade-long price stagnation and whether modern-day assets like cryptocurrencies will meet the same fate. Radhika Gupta, MD and CEO at Edelweiss Asset Management Ltd The key thing is that some asset…
Source: Live Mint Reliance Power share price rallied over 5 per cent on January 1, 2025, after Sasan Power Limited, a subsidiary of Reliance Power, made a bullet payment of $150 million to IIFCL, UK, settling its debt obligation on December 31, 2024. Reliance Power’s stock gained by 5 per cent, reaching ₹44.68, compared to…
Source: Live Mint Employees’ Pension Scheme (EPS) subscribers can access pension from any bank branch in India from today, January 1, 2025. Although the change in rule was announced in a statement on September 4 last year, it took effect today. This is the outcome of the introduction of the Centralised Pension Payments System (CPPS),…
Source: Live Mint Markets Outlook 2025 and sectors and stocks to Buy “Expert View- Despite recent challenges, India’s economic trajectory remains strong, with GDP growth outpacing global peers. As we approach 2025, sectors like IT, Auto, BFSI, and Solar offer promising opportunities. While FPI outflows and inflation risks linger, domestic flows and resilient consumption support…
Source: Live Mint Stock market today: The Indian stock market started the new year 2025 on a positive note, with the benchmark indices, the Sensex and the Nifty 50, rising about half a per cent each on gains led by select heavyweights such as HDFC Bank, Larsen and Toubro (L&T) and Mahindra and Mahindra (M&M)….
Source: Live Mint The Income-Tax (I-T) Department is allowing taxpayers who qualify for the section 87A tax rebate for FY24 to now claim it in the updated Income-Tax Return (ITR) forms — ITR-2 and ITR-3, according to a report by Business Today. Eligible taxpayers will soon be able to submit a revised or belated income…
Source: Live Mint How can I check if I’m pre-approved for a consumer durable loan, and does it save time in the application process? -Name withheld on request Pre-approved consumer durable loans are a fast and hassle-free way to finance big-ticket purchases. These loans are typically offered by banks and non-bank lenders to existing customers…
Source: Live Mint Stock Market Today: Multibagger Mid-cap stock Transformers and Rectifiers India Ltd share price gained up to 5% during the intraday trades to hit an upper circuit on Wednesday: The company in its board meeting will consider bonus share issue on 8 January 2024. Transformers and Rectifiers India share price The Transformers and…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25833807/STKR001_NINTENDO_SWITCH__LOGO_2_C.jpg?w=400&resize=400,250&ssl=1 "The Switch 2 is boring — and that’s exactly what Nintendo needs"){kind=logo}