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Top Elite Wealth News

India Economy · IndiaIndia’s central bank delivered an outsized cut to its benchmark policy rate, bringing it to 5.5% from 6%, its lowest level since August 2022. This also marks a third straight rate cut since February, and comes below the median estimates of 5.75% in a Reuters poll.See the Story
India’s central bank beats market expectations to deliver outsized rate cut of 50 points
Coverage: 44 sources

IPO · IndiaOswal Pumps IPO GMP ahead of the offer opening on June 13 is attracting a grey market premium of ₹67. The company seeks to raise ₹1,387 crore, primarily for capital projects, expanding its subsidiary, and addressing debt, with shares expected to list on June 20.See the Story
Oswal Pumps IPO to Open on Friday; Here's What GMP Signals Ahead of the Issue Launch
Coverage: 4 sources

Noida · NoidaNRI investments in Gurgaon’s luxury real estate are surging, with deals over Rs 10 crore. Key drivers include long-term capital appreciation and projects like Dwarka Expressway.See the Story
Gurgaon Draws Global Eyes: NRIs Pump Rs 10 Cr+ Into Luxury Real Estate
100% Right coverage: 1 sources