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Market underestimates potential of rising mid-cap stocks amid strategic shifts and strong results

Investing.com spotlights three undercovered mid-cap stocks, Rumble, Sellas Life Sciences, and ADMA Biologics, whose evolving business strategies and recent growth suggest they may be poised for a re-rating, despite thin analyst coverage. Investing.com has highlighted three lightly covered mid-cap stocks…

  • apxadmin
  • August 28, 2026
  • Personal Finance & Wealth

Official Indian government sources confirm that Rs 3 lakh loan claims are false

The Press Information Bureau has debunked viral social media claims of Rs 3 lakh loans under a ‘Prime Minister Loan Scheme’, warning the public against fake advertisements and scams exploiting official-sounding language. Social media posts claiming the Indian government is…

  • apxadmin
  • August 28, 2026
  • Economy, Policy and Business

Public sector banks in India prepare for capital raise ahead of new RBI credit-loss provisioning rules

Public sector banks in India are set to raise approximately ₹82,500 crore in capital to adapt to the upcoming Expected Credit Loss framework from the Reserve Bank of India, signalling a shift towards forward-looking credit risk management that may impact…

  • apxadmin
  • August 28, 2026
  • Personal Finance & Wealth

Mumbai retiree loses ₹3.84 crore in latest digital arrest scam mimicking terror investigation

A 64-year-old Juhu resident falls victim to a sophisticated digital arrest scam claiming a fake terror investigation, highlighting a rising trend targeting vulnerable elderly individuals in India. A retired bank manager from Juhu in Mumbai has allegedly been cheated out…

  • apxadmin
  • August 28, 2026
  • Fintech & Digital Money

WhatsApp prepares for global payments expansion with new iOS beta features

WhatsApp is developing a dedicated Payments section in its iOS beta, signalling plans for a broader international push that could enable users to move money seamlessly within the app, with potential expansion to multiple markets on the horizon. WhatsApp is…

  • apxadmin
  • August 28, 2026
  • Markets & Investing

Citi warns that gold’s recent surge is largely speculative ahead of Jackson Hole

Citi analysts suggest that the recent breakout in gold prices is driven more by speculative trading than fundamental demand, raising questions about its sustainability ahead of the Jackson Hole symposium and potential policy shifts from the Federal Reserve. Citi says…

  • apxadmin
  • August 28, 2026
  • Personal Finance & Wealth

New interest caps highlight importance of comparing total borrowing costs

Experts warn that while capping interest rates on consumer loans may be sensible, borrowers must still compare offers and scrutinise total repayment costs, as the legal ceiling does not guarantee good value. Capping interest rates on consumer loans is a…

  • apxadmin
  • August 28, 2026
  • Markets & Investing

Indian markets slide amid US lawsuits and geopolitical tension

Indian equities declined for a second consecutive session, with the Sensex and Nifty falling amidst US legal challenges against HDFC Bank and ongoing geopolitical uncertainties impacting investor sentiment. Indian shares fell for a second straight session on Thursday, with the…

  • apxadmin
  • August 28, 2026
  • Personal Finance & Wealth

Bank teller thwarts rental scam by spotting gift card red flags during $800 transfer

A Horicon Bank teller identified suspicious details during an $800 transfer, preventing a rental scam involving gift cards. Experts warn consumers to be vigilant against urgent requests for gift card payments for rent or legal fees. A quick branch conversation…

  • apxadmin
  • August 28, 2026
  • Tax, Laws & Money Explained

New rules and considerations make gifting SIPs more complex this Raksha Bandhan

Gifting a systematic investment plan for Raksha Bandhan involves navigating complex rules around third-party funding, KYC requirements, and tax implications, making the act more intricate than simply transferring money. Gifting a systematic investment plan, or SIP, can be a thoughtful…

  • apxadmin
  • August 28, 2026
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