Moneynomical Newsdesk 159 posts

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…

The eagerly anticipated initial public offering (IPO) of RNFI Services is set to open for subscriptions on Monday, July 22, and will close on Wednesday, July 24. The IPO price band is fixed between ₹98 and ₹105 per share,…

The initial public offering (IPO) of Sanstar Limited opened on July 19, 2024, and will remain open until July 23, 2024. With a price band set at ₹90 to ₹95 per equity share, the IPO aims to raise ₹510.15 crore. Sanstar…

The upcoming week promises to be a pivotal one for Indian equity markets as the highly anticipated Union Budget 2024 takes center stage. Investor sentiment has been buoyant, driven by expectations of pro-growth policies and…

The global economic landscape remains dynamic, with central banks and policymakers closely monitoring data to guide future actions. In the UK, the steady unemployment rate reflects a stable labor market, while Japan's…

The Securities and Exchange Board of India (SEBI) has taken a significant step towards expanding investment options for Indian investors by proposing a new asset class. This move aims to bridge the gap between mutual funds…