The FinTech Hub
Source: Live Mint India stock market news: India’s NSE Nifty 50 and S&P BSE Sensex are trailing only Wall Street’s Nasdaq and S&P 500 as top-performing indexes this year, with analysts expecting the rally to extend into 2025. The Nifty and Sensex have gained 18.7% and 17% respectively in 2024, securing the third and fourth…
Source: Live Mint Deutsche Bank, in its research report on artificial intelligence titled ‘Latest in Al: Five clues to the future of Al in recent headlines’, has listed the themes to watch for in the space. Noting that AI is “as hot as ever”, with AI and ChatGPT still dominating Google search trends, the report…
Source: Live Mint The United States Federal Reserve (US Fed) this week is expected to announce its first interest rate cut in over four years since 2020, months ahead of the US presidential elections scheduled in November 2024, AFP reported. It added that Fed policymakers will debate how big the cut will be ahead of…
Source: Live Mint The mutual fund industry saw a notable decrease (43 per cent) in net inflows for the month of August, to ₹1.08 lakh crore against ₹1.89 lakh crore in July. This decline was driven primarily by a significant drop in inflows to the tune of 62 per cebt into debt mutual funds. Despite…
Source: Live Mint Wall Street stocks finished decisively lower Friday following weaker than expected US jobs growth that pointed to a slowing economy. The lackluster job growth “played right into the market’s worries about (economic) slowing,” said Briefing.com analyst Patrick O’Hare, who noted that September has been a historically tepid period for equities. After a…
