Moneynomical Newsdesk 159 posts

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…

The Indian Mutual Fund industry remains on a positive trajectory, driven by consistent SIP inflows and growing investor confidence in equity markets. The industry's ability to weather market volatility and offer diverse…

China's annual inflation rate decreased to 0.2% in June, down from 0.3% in the previous two months, and below market expectations of 0.4%. This slight dip indicates a continued easing of inflationary pressures in the world's…

The Union Budget for 2024-25 is expected to introduce measures aimed at supporting the middle class and low-income populations affected by persistent food inflation and stagnant incomes. Policymakers are reportedly…

Credit card debt poses significant challenges for both individuals and the broader economy, especially during tough economic times. High payments towards credit card debt reduce disposable income, limiting funds for essential…

Ageas Federal Life Insurance has unveiled its latest offering, the Ageas Federal Life Insurance Golden Years Pension Plan, featuring the Bluechip Pension Fund. This comprehensive plan aims to secure policyholders’ financial…