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India’s uneven EV shift may reshape global critical mineral demand

India’s unique transition to electric mobility, centred on smaller vehicles before passenger cars, could significantly alter global demand for critical minerals, posing supply chain and security challenges. India’s electric vehicle transition will not mirror the car-led shift seen in Europe…

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

India accelerates defence exports and diversifies energy to bolster resilience amid global uncertainty

Prime Minister Narendra Modi’s Independence Day address highlights India’s strategic push towards enhancing defence manufacturing, expanding agricultural markets for millets, and diversifying energy sources to strengthen economic resilience in uncertain times. Experts said Prime Minister Narendra Modi’s Independence Day call…

  • apxadmin
  • August 16, 2026
  • Markets & Investing

Crowded week of dividend record dates signals active payout season on Dalal Street

A busy week on India’s Dalal Street sees a flurry of dividend record dates from state-owned firms and industrial giants, highlighting a lucrative payout season for investors ahead of ex-dividend deadlines and settlement cycles. Dalal Street’s corporate actions calendar is…

  • apxadmin
  • August 16, 2026
  • Markets & Investing

Patanjali Foods reports 86%rise in quarterly profit on strong edible oils sales

Patanjali Foods has announced an 86% surge in quarterly profit to ₹335.73 crore, driven by robust sales in edible oils and FMCG segments, signalling a significant turnaround amid industry challenges. Patanjali Foods has reported a sharp rise in quarterly profit,…

  • apxadmin
  • August 16, 2026
  • Markets & Investing

India's consumption resilience offers hope amid IT sector concerns

Despite cautious forecasts for the Indian IT industry amid global macroeconomic and geopolitical headwinds, rising incomes and emerging industries could sustain broader household demand, signalling a resilient consumption story beyond sector-specific troubles. India’s consumption story may prove more resilient than…

  • apxadmin
  • August 16, 2026
  • Markets & Investing

Cochin Shipyard reports decline in net profit amid rising costs and subdued revenue

State-owned Cochin Shipyard’s Q1 net profit falls sharply by 19.36% due to weaker revenue streams and rising expenses, highlighting challenges in India’s shipbuilding sector. State-owned Cochin Shipyard has reported a sharp decline in consolidated net profit for the June quarter,…

  • apxadmin
  • August 16, 2026
  • Markets & Investing

Blue Star shifts focus to high-value cooling projects amid robust growth in data centre demand

Blue Star’s recent financial results highlight a strategic pivot towards large-scale, high-margin cooling infrastructure such as data centres, signalling a new growth trajectory beyond traditional household air conditioning. Blue Star is leaning more heavily on large cooling projects, and the…

  • apxadmin
  • August 16, 2026
  • Markets & Investing

NMDc's profit rises as iron ore sales accelerate in a robust start to FY27

NMDc reported a 2% increase in net profit for the June quarter, driven by higher iron ore sales and record production levels, signalling strong operational momentum as it targets further volume expansion in FY27. NMDC reported a 2 per cent…

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

India’s evolving gift tax rules: income-generating assets from family gifts now taxable

While gifts from parents to married daughters remain tax-exempt, income earned from those assets may now be subject to taxation under India’s updated gift tax regulations, prompting families to keep detailed records for compliance. For many Indian families, it is…

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

J&K Bank accelerates insurance relief with Rs 2.55 crore payout for bereaved families

The Jammu and Kashmir Bank has swiftly settled a Rs 2.55 crore life insurance claim for the family of a deceased high-net-worth customer, continuing its efforts to provide financial stability to families across the region through prompt settlement of insurance…

  • apxadmin
  • August 16, 2026
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