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ONAD: One News A Day

Easy to understand financial news for young Indians.

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India Sixth Wealthiest Country in World | May 21

🤔 Cool Title, but what’s the news? India is the sixth wealthiest country in the world with a total wealth of USD 8,230 billion, while the US is the richest nation globally, says a report by the AfrAsia Bank Global Wealth Migration Review. 😕 Okay, but what does it mean? Total wealth refers to the private wealth held by all the individuals living in each country. It includes all their assets...

₹8 Trillion AUM in Equity Mutual Funds | May 15

ONAD-Equity mutual funds log ₹12,400 crore inflow in April

The strong inflow of Equity Mutual Funds logging in ₹12,400 crore in April has pushed the asset base of Equity Mutual Funds (MFs) by more than 6%. Read more to know how this news affects your pocket in under 1 minute.

Fly Air India, fly! | May 13

ONAD-air-india-sees-growth-in-revenue

Air India has embarked on a route analysis exercise, focusing on increasing flying hours of each of its aircraft. Read more to know how this news affects your pocket in under 2 minutes.

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