Moneynomical Newsdesk 149 posts

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…

The International Monetary Fund (IMF) has revised upwards India's growth forecast for the financial year 2024-25 to 7%, from its earlier estimate of 6.8%. This positive outlook is underpinned by the robust performance of…

Railway stocks are poised for a potential surge as the Union Budget 2024 approaches on July 23. Key players including Rail Vikas Nigam (RVNL), Indian Railway Finance Corporation (IRFC), Ircon International, NBCC (India),…

Real estate investment has long been hailed as a surefire path to wealth, offering a tangible asset, potential passive income, and even status. However, the allure of property ownership can often overshadow the potential…

Valuations in the defense sector are currently high, trading at 50-60x P/E for FY25, but the market anticipates long-term growth driven by strong government support. Defense stocks have been surging, reflecting investor…

Parents in their 50s often juggle responsibilities for their children and planning for their own retirement. A comprehensive financial strategy is essential to ensure both short-term and long-term financial security.…

Over the past 12 months, the Indian hospital sector has experienced significant growth on the stock market. However, some analysts caution that the upward trend may be approaching its limit and hospital stocks are now…

As Finance Minister Nirmala Sitharaman prepares to present the Union Budget 2024 later this month, the mutual fund industry is eagerly awaiting significant announcements. Expectations within the industry are varied, including…

As more retail investors chant the ‘mutual fund sahi hai’ mantra, asset management companies are trying to cash in on the enthusiasm through offbeat offerings. From tourism to business opportunities, mutual funds are…

Many taxpayers mistakenly believe they don't need to file an Income Tax Return (ITR) if they incurred a financial loss. However, filing your ITR, even in a loss year, offers significant advantages and is a legal requirement.…

Reliance Jio Infocomm Ltd, the telecom arm of Reliance Industries Ltd (RIL), is poised for a significant IPO in 2025, with a projected valuation exceeding Rs 9.3 lakh crore, according to a Jefferies report. The note, dated…