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ICICI Prudential AMC favours ferrous metals with a cautious outlook on sectors nearing peak valuations

Lalit Kumar of ICICI Prudential AMC unveils a constructive stance on commodities, emphasizing steel sector growth prospects amid cyclical and structural gains, while expressing caution on overextended sectors like hospitals and select new-age companies. Lalit Kumar of ICICI Prudential AMC…

  • apxadmin
  • August 16, 2026
  • Markets & Investing

Assenagon reduces stake in Dr. Reddy’s amid cautious analyst outlook and shifting institutional positions

Assenagon Asset Management S.A. has significantly trimmed its holdings in Dr. Reddy’s Laboratories by over 56% in the second quarter, as the Indian drugmaker faces cautious analyst sentiment and diverse institutional activity, reflecting increased investor caution amid recent earnings and…

  • apxadmin
  • August 16, 2026
  • Markets & Investing

Indian large-cap boards prioritise continuity in record-breaking leadership reshuffles of 2026

Indian large-cap companies have undergone a flurry of boardroom reshuffles in 2026, with a focus on internal appointments and strategic stability amid sector changes, signalling a shift towards long-term growth and operational expertise. India’s large-cap companies have seen an unusually…

  • apxadmin
  • August 16, 2026
  • Markets & Investing

Gold prices stagnate in South Indian markets despite global gains on softer US inflation

Gold prices in Bengaluru, Chennai, and Hyderabad remained largely unchanged over the weekend, offering relief to buyers amid persistent demand during the wedding season, even as global markets show gains due to softer US inflation data. Gold prices were largely…

  • apxadmin
  • August 16, 2026
  • Fintech & Digital Money

India’s fintech sector accelerates AI integration to shape inclusive financial future

India’s fintech industry is entering a new era where AI becomes central to decision-making, automating services and enhancing financial inclusion, driven by robust digital infrastructure and supportive policies. India’s fintech sector is moving into a new phase in which artificial…

  • apxadmin
  • August 16, 2026
  • Tax, Laws & Money Explained

India launches immediate foreign asset disclosure scheme to incentivise small taxpayers to regularise offshore holdings

India has introduced a one-time, online disclosure scheme for small taxpayers to declare previously undeclared foreign assets and income, offering a pathway to compliance before the end-of-year deadline amidst evolving international tax transparency efforts. India has opened a one-time window…

  • apxadmin
  • August 16, 2026
  • Personal Finance & Wealth

Pune couple's early FIRE success sparks broader shifting attitudes towards retirement in India

A Pune couple’s achievement of building a ₹11.5 crore net worth by age 38 and aiming for early retirement highlights a growing trend among Indian professionals redefining work and wealth, influenced by diverse portfolios and personalised financial security strategies. A…

  • apxadmin
  • August 16, 2026
  • Economy, Policy and Business

Unitech buyers demand urgent leadership and funding to resume stalled housing projects

Distressed homebuyers of Unitech Ltd are pressing for a swift rescue plan amid concerns over vacant leadership, funding gaps, and prolonged delays in delivering homes, as courts and authorities face mounting pressure to act. Distressed homebuyers of Unitech Ltd are…

  • apxadmin
  • August 16, 2026
  • Economy, Policy and Business

India’s economic signals show resilience amid rising inflation and fiscal pressures

India’s economy ended the week with robust tax and export growth, but persistent inflation and rising debt levels pose ongoing challenges, as policymakers chart their long-term growth strategy. India’s economy ended the week with a mixed signal: tax receipts and…

  • apxadmin
  • August 16, 2026
  • Economy, Policy and Business

White House's transshipment crackdown intensifies US-India trade tensions over Chinese rerouted goods

The White House’s allegations of Chinese goods rerouted through third countries, including India, risk escalating trade tensions and disrupting India’s manufacturing ambitions amid US tariffs and investigations. The White House’s latest attack on transshipment has put India back in Washington’s…

  • apxadmin
  • August 16, 2026
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