The FinTech Hub
Source: Live Mint Company registration data shows that 100-200 new AI-centric businesses take birth every month as tech entrepreneurs venture into health, agriculture, cloud, and robotics, powering the country’s robust service sector. In April alone, 226 AI-focused businesses were incorporated, a jump from 86 a year earlier, data from the ministry of corporate affairs showed….
Source: Live Mint Buy or sell: Over the past three weeks, the Nifty 50 Index has exhibited a robust recovery, primarily driven by strong buying activity from Foreign Institutional Investors (FIIs), who have collectively infused nearby ₹25,000 crore into the cash market. However, this momentum faced a setback last week, as Institutional Investors (IIs) pulled…
Source: Live Mint Taxpayers should wait until 15 June. This is because banks, employers, and other reporting entities have until 31 May to report specified financial transactions, tax deducted at source (TDS), and tax collected at source (TCS). Additionally, it typically takes another 7 to 10 days for this information to be processed and reflected…
Source: Live Mint Indian domestic technology companies reported another soft performance in the March quarter, led by select cases of delays in project ramp-ups and a cautious spending stance adopted by a few verticals in the run-up to the reciprocal tariff announcement. Companies also remained cautious that growth would be a challenge in the coming…
Source: Live Mint Seven out of the ten most valuable companies in India saw a combined increase of ₹2.31 lakh crore in market valuation during the previous, holiday-shortened week, with Reliance Industries leading the gains amid generally positive sentiment in the equity market. The companies that registered valuation gains were Reliance Industries, HDFC Bank, Bharti…
Source: Live Mint The combined market capitalization of six of the top 10 most valued companies surged by ₹1,18,626.24 crore last week, with Tata Consultancy Services (TCS) leading the gains. During the week, the BSE Sensex rose by 659.33 points or 0.83%, while the NSE Nifty added 187.7 points or 0.78%. Reliance Industries, HDFC Bank,…
Source: Live Mint As the academic year comes to a close, senior graders across the nation are finalising their higher education plans, whether they are looking at options to study further within the country or overseas. An important consideration here is the cost of education. For many families, education loans become a crucial tool in…
Source: Live Mint The combined market capitalization of the ten most valued companies soared by an impressive ₹3,84,004.73 crore during the holiday-shortened week, driven by a strong rally in the equity markets. HDFC Bank and Bharti Airtel led the gains among the top performers. Over the same period, the BSE Sensex surged by 3,395.94 points,…
Source: Live Mint India’s IT services companies were beginning to see improving demand for tech services in the US, their biggest market. But if the trade war unleashed by US President Donald Trump pushes his country into a recession, IT clients could tighten their discretionary spending budgets again, according to experts. The jitters are already…
Source: Live Mint In the holiday-shortened week, nine out of the ten most valued companies collectively lost ₹2,94,170.16 crore in market capitalization, with Tata Consultancy Services (TCS) suffering the steepest decline amid a broader downturn in domestic equity markets. During the same week, the BSE Sensex dropped by 2,050.23 points (2.64%), and the NSE Nifty…
