Moneynomical Newsdesk 159 posts

Swiggy is gearing up for a highly anticipated IPO, filing its updated Draft Red Herring Prospectus (DRHP) as it eyes a significant slice of India’s massive Rs 2 lakh-crore food delivery market. Investors, eager to diversify…

Hyundai Motor India Limited (HMIL), the Indian arm of South Korean auto giant Hyundai Motor Co, is gearing up to launch a massive $3 billion IPO, which could become the largest initial public offering (IPO) in India's…

The Asian Development Bank (ADB) has maintained India’s growth forecast at 7% for the current fiscal year, with expectations of an accelerated growth rate of 7.2% in FY26, according to the report released on September 25.…

As the world becomes increasingly interconnected, global services exports have surged, tripling since 2005 and accounting for 7% of the world’s GDP by 2023. Among the countries leading this growth, India stands out. According…

The price of gold has surged to unprecedented levels in 2024, climbing over 20% to reach a historic peak of more than $2,500 per troy ounce. According to Goldman Sachs Research, this upward trend is far from over. The…

Over the past two decades, India has solidified its position as one of the world’s fastest-growing economies. According to Crisil estimates, the Indian economy is on track to surpass $5 trillion and approach the $7 trillion…

India's debt-to-GDP ratio could inch closer to 100% by 2030 if the government attempts to fill the 3.4% of GDP annual gap in climate mitigation and adaptation, according to a recent report by Moody's Ratings. The agency…

Diffusion Engineers, a leading provider of repair and reconditioning services for heavy machinery, is set to launch its Initial Public Offering (IPO) on September 26, 2024 with a price band of Rs 159-168 per share. The…

The Initial Public Offering (IPO) of Manba Finance Limited opened today, offering investors a fresh opportunity to enter the financial sector. The public issue, worth ₹150.84 crore, will remain open for subscription until…

The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) has decided to maintain the repo rate at 6.5% for the ninth consecutive time. This decision comes as the central bank continues to prioritize managing…

The Reserve Bank of India (RBI) highlighted a significant shift in retail investment preferences towards alternative investment avenues during its 50th Monetary Policy Committee (MPC) meeting on Thursday, August 8. This trend…

India's agriculture sector plays a pivotal role in the country's development, offering numerous benefits and growth opportunities for investors. With a rapidly increasing population, the demand for food and agricultural…

Indian stock markets concluded on a positive note, mirroring gains in global markets, as investors await the crucial US Federal Reserve interest rate decision. The benchmark Sensex and Nifty indices registered modest gains,…

The insurance industry in India has a rich history spanning over 200 years, evolving to include public sector companies, private sector entities, and more recently, Insuretech companies. These digital insurance providers have…

Emergencies can strike at any age, but the financial implications can be particularly daunting for those in their 50s. For individuals in their 50s seeking personal loans, it's crucial to understand how age affects loan…