Moneynomical Newsdesk 149 posts

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…

Private equity firm Carlyle Group has offloaded a significant 13.1% stake in PNB Housing Finance through a block deal on July 30, 2023. The transaction valued at Rs 2,642 crore saw 3.40 crore shares changing hands at an…

Ola Electric, led by Bhavish Aggarwal, is set to open its much-anticipated IPO to investors on August 02, aiming to raise a substantial Rs 6,145.56 crore. This amount will be garnered through the issuance of fresh shares and…

The Union Budget for 2024-2025 reflects the government's strong commitment to enhancing various high-impact sectors through strategic financial allocations. Key announcements include a Rs 1000 crore venture capital fund for…

The recent Union Budget has introduced substantial tax changes that could significantly impact your financial planning. While it's natural to react to such news, impulsive decisions can lead to financial setbacks. This…

Finance Minister Nirmala Sitharaman presented the Union Budget for the financial year 2024-25 in Parliament today. This marks her seventh budget and the first of Prime Minister Narendra Modi-led government’s third term. Here…

Broking shares took a hit following Finance Minister Nirmala Sitharaman's announcement of increased long-term capital gains tax (LTCG) and Securities Transaction Tax (STT) in the Budget 2024-25. Leading broking firms like…

In a move that promises to bring significant relief to salaried taxpayers and pensioners, Finance Minister Nirmala Sitharaman has announced a revamp of income tax slabs and an increase in the standard deduction under the new…

Indian government bond yields edged higher in early trade on Monday as investors braced for the upcoming Union Budget and digested the Reserve Bank of India's (RBI) surprise debt sale. The benchmark 10-year yield climbed…

India’s economy has displayed remarkable resilience in the face of a global economic slowdown. The Economic Survey for 2023-24 projects a conservative growth outlook of 6.5-7 percent for FY25. Chief Economic Advisor V Anantha…

The Information Technology (IT) sector is a cornerstone of India's economy, contributing significantly to the GDP and driving export revenue. Despite market fluctuations caused by the COVID-19 pandemic, the IT sector…