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Mishra Dhatu Nigam reports robust Q1 growth amid raw material cost pressures and new certification opportunities

Mishra Dhatu Nigam Ltd announced a 40.46% year-on-year increase in Q1 revenue driven by strong demand, despite margin pressures from soaring raw material prices and fuel costs. The company highlighted new growth avenues including certification initiatives and defence contracts, with…

  • apxadmin
  • August 17, 2026
  • Markets & Investing

Virtuoso OptoElectronics' aggressive expansion drives record earnings amid raw material costs and supply challenges

Virtuoso OptoElectronics reports an 85% rise in revenue in the June quarter, with plans to expand capacity across its diversified product portfolio, despite margin pressures and supply chain hurdles. Virtuoso OptoElectronics has started the new fiscal year with a sharp…

  • apxadmin
  • August 17, 2026
  • Economy, Policy and Business

MCX earmarks 2 billion rupees to launch India’s first organised coal and mineral trading platforms

Multi Commodity Exchange of India is set to invest around $21 million to develop new coal and minerals trading platforms, aiming to enhance transparency and efficiency amid regulatory reforms and opening up of the sectors to private participation. Multi Commodity…

  • apxadmin
  • August 17, 2026
  • Personal Finance & Wealth

Navi Mumbai police crack down on crypto fraud involving Rs 1.32 crore scam with Auris Coin

Police in Navi Mumbai have filed charges against five individuals over a Rs 1.32 crore cryptocurrency scam, implicating a scheme that falsely promised high returns through Auris Coin and other deceptive practices. Navi Mumbai cyber police have opened a case…

  • apxadmin
  • August 17, 2026
  • Personal Finance & Wealth

Indian investors seek a balanced approach as gold and equities compete for portfolio dominance

As Indian investors weigh traditional safe havens against growth opportunities, many increasingly favour a diversified mix of gold and stocks to optimise long-term returns and risk management. When it comes to putting savings to work, Indian investors often end up…

  • apxadmin
  • August 17, 2026
  • Personal Finance & Wealth

Rebuilding financial stability for single parents after divorce

Single parents must reassess their budgets, priorities, and savings strategies to navigate the financial upheaval following divorce, with expert advice on building stability and planning for the future. A divorce can do more than change a family structure; it can…

  • apxadmin
  • August 17, 2026
  • Tax, Laws & Money Explained

ED warns homebuyers to scrutinise builders over RERA compliance amid asset attachment in Ahmedabad

The Enforcement Directorate has issued a public alert for homebuyers to verify builder credentials and RERA registration amid a Rs 129.80 crore asset attachment linked to alleged misappropriation, signalling a crackdown on real estate scams. The Enforcement Directorate has told…

  • apxadmin
  • August 17, 2026
  • Tax, Laws & Money Explained

Punjab reduces profit rate on government employees' Provident Fund to 12.05% for 2025-26

Punjab has announced a modest cut in the profit rate on its General Provident Fund for government employees, lowering it to 12.05% for the upcoming fiscal year amid wider fiscal tightening measures. Punjab has trimmed the profit rate on its…

  • apxadmin
  • August 17, 2026
  • Fintech & Digital Money

India’s crypto tax debate remains unresolved amid calls for reform

India’s ongoing debate over crypto taxation persists as industry and observers push for reforms to reduce transaction friction and retain domestic activity amid unchanged tax policies. India’s debate over crypto taxation has flared again after the Bharatiya Janata Party announced…

  • apxadmin
  • August 17, 2026
  • Tax, Laws & Money Explained

Taxpayers face extended delays in income tax refunds amid stricter scrutiny

Many taxpayers experience delays in receiving income tax refunds, particularly with larger claims, due to enhanced scrutiny by tax authorities and common filing discrepancies, with processing times extending to several months. Many taxpayers are still waiting for income tax refunds…

  • apxadmin
  • August 17, 2026
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