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Mumbai cements its dominance in India’s family business landscape with record number of companies

Mumbai extends its lead as India’s top hub for family-run wealth, with 119 companies featured in the 2026 Barclays Private Clients Hurun India list, signalling ongoing growth and diversification beyond traditional centres. Mumbai has strengthened its position as India’s leading…

  • apxadmin
  • August 15, 2026
  • Economy, Policy and Business

India’s manufacturing push aims for 25% of GDP by 2047 amid sectoral reforms

NITI Aayog unveils a strategic plan targeting a 25% share of manufacturing in India’s GDP by 2047, highlighting new priorities, challenges, and the need for reforms to bolster the sector’s global role. India is aiming to raise manufacturing’s share of…

  • apxadmin
  • August 15, 2026
  • Personal Finance & Wealth

New advice encourages responsible credit card use to prevent interest costs and build credit

Financial institutions emphasise treating credit cards as a payment tool rather than a spending source, urging timely payments, regular monitoring, and budgeting to avoid interest and protect credit scores. Credit cards can be useful when they are treated as a…

  • apxadmin
  • August 15, 2026
  • Personal Finance & Wealth

Ghost tapping scams prompt new safety measures for contactless payments

Emerging ghost tapping scams, which exploit near-field communication technology used in tap-to-pay systems, are prompting experts and consumer groups to advise caution and enhanced security measures in crowded public spaces and while travelling. Ghost tapping is the latest contactless card…

  • apxadmin
  • August 15, 2026
  • Personal Finance & Wealth

AMP Bank’s new 10-year interest-only home loan offers longer windows but retains reassessment hurdles for existing customers

AMP Bank has launched Australia’s first 10-year interest-only owner-occupier home loan without reassessment for new borrowers, though existing customers face renewed evaluation requirements, signalling nuanced changes in interest-only lending practices. AMP Bank has moved to give borrowers a longer interest-only…

  • apxadmin
  • August 15, 2026
  • Markets & Investing

Indian shares end mixed as sectors waver amid global cues and cautious trading

Indian stock indices closed slightly lower on Friday amid broad sectoral declines and subdued global conditions, with investors focusing on earnings and geopolitical tensions while some sectors outperformed in a cautious trading session. Indian shares ended slightly lower on Friday…

  • apxadmin
  • August 15, 2026
  • Markets & Investing

Sudarshan Chemical signals robust volume recovery amid sector growth concerns in FY27 Q1

Sudarshan Chemical Industries highlights an 8-10% volume growth in its legacy business during FY27’s first quarter, as analysts monitor the company’s demand recovery and sector stability amid a modest 3-4% pigment market expansion. Sudarshan Chemical Industries began its first-quarter FY27…

  • apxadmin
  • August 15, 2026
  • Markets & Investing

K.C.P. Sugar posts 158.5% profit surge on strong revenue and investment gains in June quarter

K.C.P. Sugar and Industries Corporation reports a significant increase in quarterly profit driven by higher operating revenue and substantial gains from equity investments, as it navigates seasonal challenges and recent contract expansions. K.C.P. Sugar and Industries Corporation posted a sharp…

  • apxadmin
  • August 15, 2026
  • Markets & Investing

Indian shares decline amid geopolitical tensions and rising oil prices

Indian shares ended lower on Friday as geopolitical concerns and firm crude oil prices kept investors cautious, though some buying emerged at close, with sector performances mixed and foreign investors reducing holdings. Indian shares ended lower on Friday as concerns…

  • apxadmin
  • August 15, 2026
  • Markets & Investing

Shiprocket IPO sees surging demand amid growing investor optimism

Shiprocket’s initial public offering approaches its final phase with demand hitting new highs, reflecting strong investor confidence in India’s logistics and e-commerce sector despite ongoing losses. Shiprocket’s initial public offering entered its final stretch on Thursday with demand surging sharply,…

  • apxadmin
  • August 15, 2026
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