The FinTech Hub
Source: Live Mint After a strong four-month period demat account additions for October 2024 saw a decline amid volatility in the Indian stock markets, according to ANI citing an ICICI Securities report. Demat accounts additions exceeded 4 million in the preceding four months and saw a decline below the number in October 2024, it noted….
Source: Live Mint Yield for China’s benchmark 10-year bonds have slid to their lowest in over a month after the government announced its 10 trillion yuan or $1.4 billion worth debt refinancing programme, Bloomberg reported. This mostly came as traders were disappointed with the measures and are awaiting more stimulus amid China’s wait-and-watch approach to…
Source: Live Mint Q2 results today on November 9: At least 88 companies are set to release their July-September quarter financial results today, on Friday, November 9, according to BSE data. Further, several major blue-chip firms and banks are scheduled to declare their Q2 results this week. The second quarter results (Q2FY25) season began last…
Source: Live Mint PIB Fact Check: The government’s Press Information Bureau (PIB) has warned unsuspecting customers to be aware of a ‘SBI Rewards’ scam being used by fraudsters. In a post on social media platform X (formerly known as Twitter), the PIB Fact Check account warned users “never to download unknown files or click on…
Source: Live Mint Artificial intelligence (AI) chipmaker Nvidia Corp will soon be part of Wall Street’s oldest three main equity benchmark indices, displacing no less than Silicopn Valley giant Intel, Bloomberg reported. Nvidia, which is “at heart of the artificial intelligence boom”, will replace rival Intel Corp. in the 128-year-old Dow Jones Industrial Average from…
Source: Live Mint Q2 results today on October 28: At least 180 companies are set to release their July-September quarter financial results today, on Monday, October 28, according to BSE data. Further, several major blue-chip firms and banks are scheduled to declare their Q2 results this week. The second quarter results (Q2FY25) season began this…
Source: Live Mint Q2 results today on October 18: At least 34 companies are set to release their July-September quarter financial results today, on Friday, October 18, according to BSE data. Further, several major blue-chip firms are scheduled to declare their Q2 results today and on October 19 (Saturday). The second quarter results (Q2FY25) season…
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…
