- Paytm’s stock saw a 1% increase after launching a Rs 250 SIP in collaboration with SBI Mutual Fund, aiming to enhance financial inclusion.
- The initiative, named JanNivesh, is part of India’s Viksit Bharat vision, allowing investments with as little as Rs 250.
- This move is expected to expand the mutual fund investor base in India from 100 million to 300-400 million, contributing to the nation’s economic growth.
Read next
OpenAI CEO Sam Altman to visit India amid legal challenges and competitive pressures
Sam Altman is expected in New Delhi on February 5, amidst OpenAI’s legal issues and a crucial meeting with…
Meta enhances AI to personalize recommendations using Facebook and Instagram activity
Meta’s AI will now remember user details from chats and use social media activity for personalized…
OpenAI challenges copyright lawsuit from book publishers in Delhi court
OpenAI has moved to dismiss a lawsuit by book publishers in a Delhi court, arguing ChatGPT’s use of data…
Amazon yet to commit to AMD’s AI chips due to low demand, says executive
Amazon Web Services has not committed to offering AMD’s MI300 AI chips, citing low customer demand.…