Instant personal loan is a type of unsecured loan which gives quick access to money with minimal documentation and fast approval, sometimes within minutes or a few hours. Instant personal loans are generally offered by banks, non-banking financial companies (NBFCs), or fintech lenders and are quite handy to address short-term financial needs, which include but … Read more
Infosys, Wipro ADRs Today: American Depository Receipt (ADR) shares of Infosys and Wipro witnessed a sharp decline on the New York Stock Exchange (NYSE) after revealing its July-September quarter results for fiscal 2024-25 (Q2FY24). Infosys ADR crashed three per cent to $21.6 on the American stock exchange even after the IT major hiked its revenue … Read more
Have you ever felt a sudden need for money in the recent past? If yes, how did you manage to meet the requirement? Well, if you ever face a similar situation in the near future, you can – among other things – raise a small amount of personal loan from a bank or a non … Read more
The success of India’s biggest-ever initial public offering from Hyundai Motor India Ltd came down to one key factor: a strong response from qualified institutional buyers (QIBs). But the portion set aside for retail investors, who have been driving demand in the primary market this year, wasn’t even fully subscribed. QIBs, or large institutions, put … Read more
That’s where a conditional will—one that lets you define how, when and under what circumstances your wealth is passed on—can make all the difference. Families are increasingly using such wills to ensure their plans hold firm even when life takes an expected turn. Conditional wills As the same suggests, a conditional or contingent will takes … Read more
The AI that is hogging so much of the world’s attention now—and sucking up huge amounts of computing power and electricity—is based on a technique called deep learning. In deep learning linear algebra (specifically, matrix multiplications) and statistics are used to extract, and thus learn, patterns from large datasets during the training process. Large language … Read more
The upward trajectory has been driven by a consistent sector and segment rotation, moving from large-caps to mid-caps and small-caps, keeping the broader markets on a high. The Nifty Alpha 50 and the Nifty Next 50 have seen remarkable performances, with over 40% returns year-to-date (YTD) as of 15 October, and the Nifty Smallcap 250 … Read more
Direct Tax Vivad Se Vishwas Scheme, 2024, was enacted to resolve disputes regarding pending income tax litigation. The scheme aims to give taxpayers peace of mind by settling legal disputes. This scheme was notified on October 1, 2024. After this, several queries were received from the stakeholders seeking guidance in respect of various provisions. Following … Read more
Indian stock market: Indian stock market benchmarks, the Sensex and Nifty 50, declined for the second straight session on Wednesday, October 16, due to weak global signals. The Sensex dropped 319 points, or 0.39 per cent, to 81,501.36, while the Nifty 50 closed at 24,971.30, down 86 points, or 0.34 per cent. “Nifty fell below … Read more
Despite the high valuations of benchmark indices, there is no significant risk of a major correction soon, Rahul Singh, Chief Investment Officer (equities) of Tata Mutual Fund, says in an emailed interview with MintGenie. He also speaks about the sectors that are likely to do well in the near future. While sharing an investing advice … Read more