The FinTech Hub
Source: Live Mint New Delhi, India’s e-retail market is expected to scale to USD 170–190 billion by 2030, its growth engines accelerating to over 18 per cent annually, fuelled by increased discretionary spending, according to a report by Flipkart and Bain and Company. Off the historic high of 20 per cent, the e-retail growth in…
Source: Live Mint New Delhi, Domestic equity markets have reversed this year’s losses as both benchmark indices Sensex and Nifty extended their winning momentum to the sixth day in a row on Monday after facing heavy corrections recently. Return of foreign investors after a prolonged period of selling, bargain hunting at lower levels, better valuations…
Source: Live Mint New Delhi, Mar 9 (PTI) After heightened activity in 2024, there has been a slowdown in new listings, with no main-bourse IPOs hitting the market in the past three weeks due to a correction in the secondary market. This slowdown in IPO activity is reflected in the numbers, as only five companies…
Source: Live Mint New Delhi, Feb 15 (PTI) Capital markets regulator Sebi has revised the timelines for the issuance of Consolidated Account Statements by depositories to enhance compliance ease. In a circular issued on Friday, the regulator said the asset management companies (AMCs) and mutual fund registrar and transfer agents (MF-RTAs) are required to provide…
Source: Live Mint New Delhi, Reserve Bank Governor Sanjay Malhotra on Saturday said that the market forces decide the value of rupee with respect to the US dollar and the central bank is not worried about day-to-day movement of the currency value. Addressing the media after the meeting of Finance Minister Nirmala Sitharaman with the…
Source: Live Mint New Delhi, Investors’ wealth eroded by ₹9.65 lakh crore in four days of sharp decline in the equity market where the BSE benchmark Sensex tanked 2,915 points. In the past four days, the BSE benchmark slumped 2,915.07 points or 3.54 per cent. Falling for the fourth day running on Thursday, the 30-share…
Source: Live Mint New Delhi, Nov 24 (PTI) The primary market is expected to remain vibrant, with at least 10 companies, including supermart major Vishal Mega Mart and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd expected to raise a combined ₹20,000 crore in the next month, merchant bankers said. Education-focused NBFC Avanse Financial…
