The FinTech Hub
Source: Live Mint Fintech player CheQ, founded by ex-Flipkart executive Aditya Soni, has rolled out Wisor, which is an AI-powered credit card expert, designed to turn credit card chaos into clarity. This innovation – the company believes — is set to redefine how millions of Indians interact with their credit cards, offering personalised insights, effortless…
Source: Live Mint In FY 2023-24, the new tax regime became a default regime. This shift has led many taxpayers to wonder whether traditional tax-saving investments such as PPF (Public Provident Fund), NSC (National Savings Certificate), post office saving scheme and NPS (National Pension System) are still relevant for the purpose of investment. The tax-saving…
Source: Live Mint If you somehow failed to file your income tax return (ITR) for any of the past two years, you can still file an updated income tax return. These two years are 2021-22 (AY 2022-23) and 2022-23 (AY 2023-24) for which taxpayers can still file their updated return before March 31, 2025, reveals the…
Source: Live Mint As from January 1, 2025, one of the key regulations taken by the Reserve Bank of India will make it compulsory for lenders to update credit bureau records every 15 days. This may completely transform the way credit score is calculated and published, thus ensuring that the financial activity of the borrowers…
Source: Live Mint If you are planning to start a business venture and have access to ₹1 crore while you believe that you have enough capital to get by, then you should probably think again. In a candid interview with Zerodha’s co-founder Nikhil Kamath, Kumar Mangalam Birla, chairman of Aditya Birla Group, delved into a…
Source: Live Mint Many investors are eagerly waiting for Donald Trump to take over as the 47th President of the United States on January 20, 2025 as it is likely to cause a spike in the benchmark indices of US markets. While regulatory roadblocks make investing directly in US stocks seem cumbersome for domestic investors,…
Source: Live Mint As we are geared to enter the year 2025, the mutual fund industry is seen promising and shows no signs of slowing down. The growth of the overall asset size in the mutual fund industry has been quite impressive, particularly in the equity space. Over the past decade, retail investors have moved…
Source: Live Mint SBI Mutual Fund has introduced a new fund offer (NFO) on December 4 called SBI Quant Fund. It is an open-ended equity scheme following a Quant-based investing theme and will be benchmarked against the BSE 200 TRI. The scheme will stay open for investors until December 18 and will reopen for continuous…
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…
