The FinTech Hub
Source: Live Mint The Reserve Bank of India has reduced the repo rate by 50 basis points to 5.5% on June 6, 2025. This marks the third consecutive cut this year. This move aims to stimulate economic growth amid easing inflation, thus bringing challenges for fixed deposit (FD) investors as banks are expected to lower…
Source: Live Mint It merely started off as an experiment. A friend nonchalantly said, ‘You are not broke, you are merely addicted to convenience.’ That hit harder than expected. I opened my expense tracker and there it was — a trail of daily micro-spends: ₹60 here for milk and bread delivered in 10 minutes, ₹240…
Source: Live Mint “Beta, this Bitcon… it is like tulsi plant, no?” I choked on my chai. “Tulsi, Kaka?” “Yes, very precious. But nobody knows why exactly. And everyone insists you must have one.” Welcome to a Sunday morning in Suburban Ahmedabad, where I, a crypto-curious millennial, attempted to explain Bitcoin to my seventy-five-year-old Gujarati…
Source: Live Mint In today’s digital age, getting a loan is as easy as downloading an app. A few taps, a couple of permissions, and voilà — money lands in your account in minutes. But behind the convenience lies a hidden cost that millions of borrowers are unknowingly paying — their privacy. The dark side…
Source: Live Mint Net inflows into equity mutual funds declined by 3.2% month-on-month to ₹24,269.26 crore in April, per the data released by the Association of Mutual Funds in India (AMFI) Friday. In April, investor sentiment appeared to shift within the equity mutual fund space, with inflows into midcap and smallcap fund categories experiencing a…
Source: Live Mint The Indian government’s bold military response—Operation Sindoor—in response to the Pahalgam attack on April 22 has created understandable jitters in financial markets. However, history offers a reassuring narrative for long-term investors, especially mutual fund participants. The immediate impact of any political upheaval is seen instantly in the stock markets. However, mutual funds…
Source: Live Mint Ajay Devgn’s Amay Patnaik gave us the hero who, with his team of income tax officers, raided a powerful politician who had stashed all his ‘kala dhan’ in the form of gold coins and cash in the walls of his home. Saurabh Shukla played the politician who was sent to jail for…
Source: Live Mint RPG Enterprises’ Chairman Harsh Goenka on Wednesday, April 23, compared buying gold against spending money on other depreciating assets like a car, a phone, or a vacation, according to a social media post on X. Also Read | Harsh Goenka impressed by Shanghai’s gold ATM, warns Indian lenders Sharing an example from…
Source: Live Mint Bank of India has announced to cut its home loan interest rates, offering relief to new as well as existing borrowers. With this change, the home loan rate stands reduced from 8.10 per cent per annum to 7.90 per cent per annum based on their credit score. This move is aimed at…
Source: Live Mint AMFI data March 2025: Equity mutual funds witnessed a 14% month-on-month decline in net inflows, falling to ₹25,082.01 crore in March, according to data released by the Association of Mutual Funds in India (AMFI) on April 11. This follows a sharper 26% decline in February, when net inflows dropped to ₹29,303.34 crore…
