The FinTech Hub
Source: Live Mint Wall Street stocks were mixed on Friday with the S&P 500 and the Nasdaq edging higher, lifted by technology shares, while the Dow Jones dropped. The Dow Jones Industrial Average fell 108.85 points, or 0.25 per cent, to 43,132.38, the S&P 500 gained 12.41 points, or 0.21 per cent, to 5,853.88, and…
Source: Live Mint Mumbai: The Nifty snapped a three-day losing streak on Friday, but posted the longest weekly losing streak of this year on relentless selling by foreign institutional investors (FIIs), who have flocked to China beginning late last month chasing a stimulus-led recovery in the world’s second -biggest economy. Analysts expect the intense battle…
Source: Live Mint Gold raced past the $2,700 mark for the first time on Friday, extending a rally driven by expectations of further monetary policy easing and safe-haven demand due to uncertainty about the U.S. presidential elections and Middle East conflicts. Spot gold rose 0.6% to $2,709.81 per ounce by 1145 GMT, having hit an…
Source: Live Mint The Securities and Exchange Board of India (Sebi) has introduced a three-day liquidity window facility to encourage retail participation in the corporate bond market. In a 16 October circular, the market regulator said it would allow bond issuers to give investors voluntary put options to sell bonds back at specific intervals before…
Source: Live Mint A structured budget is essential for managing your finances effectively. It not only helps during emergencies but also secures your financial future. While credit cards can be a double-edged sword, when used wisely, they can significantly enhance your budgeting efforts. The key risk lies in impulsive spending, which can lead to debt…
Source: Live Mint India’s central bank Governor Shaktikanta Das said an interest rate cut at this stage would be “very premature” and risky. While inflation is expected to moderate, there are “significant risks” to the outlook, Das told Bloomberg News Deputy Editor-in-Chief Reto Gregori at the India Credit Forum in Mumbai on Friday. He added…
Source: Live Mint In today’s fast-paced financial landscape, personal loans have become a go-to solution for various needs, from home renovations to unexpected medical expenses. However, the allure of quick access to funds can sometimes overshadow the potential pitfalls, particularly the hidden fees that can significantly inflate the overall cost of borrowing. In this article,…
Source: Live Mint Choosing the right personal loan can significantly impact your financial situation. With numerous lenders offering various options, it’s essential to carefully evaluate offers to find the best deal. Here’s a guide to the key factors to consider when comparing personal loan offers from different lenders, ensuring you make an informed decision. Key…
Source: Live Mint Top Gainers and Losers Today : The **Top Gainers and Losers** Today: The Nifty index closed at 24,749.85, reflecting an increase of 0.42%. During the trading session, the Nifty reached a day high of 24,886.20 and a low of 24,567.65. The Sensex traded within a range of 81,391.15 and 80,409.25, closing 0.27%…
Source: Live Mint In today’s consumer-driven society, credit cards have become an essential financial tool. While they provide convenience and flexibility, they can also lead to significant debt if not used wisely. Failing to pay credit card bills on time can create serious financial problems. Let’s explore effective strategies for managing credit card debt and…
