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India considers levying merchant fee on high-value UPI transactions to ensure network viability

The Indian government is exploring a tiered merchant discount rate on high-value UPI payments to address the financial sustainability of the rapidly growing payments network, with small businesses and consumers expected to be protected from fees. India’s government is weighing…

  • apxadmin
  • August 13, 2026
  • Markets & Investing

One Point One Solutions doubles revenue driven by Netcom BCC acquisition and AI platform expansion

Mumbai-based One Point One Solutions reports a 129.4% surge in revenue to Rs 158.32 crore in Q1 FY27, propelled by Netcom BCC’s full inclusion and rapid growth of its AI platform ResolX, with plans for further expansion and acquisitions. One…

  • apxadmin
  • August 13, 2026
  • Markets & Investing

Indian green energy stocks show uneven trading amid market volatility

Indian green energy shares experienced mixed movement on Thursday as market volatility led investors to favour selective stocks over a sector-wide rally, reflecting cautious sentiment in renewable energy investments. Indian green energy shares moved unevenly on Thursday as a choppy…

  • apxadmin
  • August 13, 2026
  • Markets & Investing

FirstCry narrows quarterly loss amid rising sales and expanding international markets

FirstCry’s latest quarterly results show a significant reduction in net losses despite continued expenditure, with sales growth and international expansion indicating a positive trajectory for the children’s retail giant. FirstCry’s quarterly loss narrowed sharply in the June period even as…

  • apxadmin
  • August 13, 2026
  • Markets & Investing

Patel Retail's FY27 start signals aggressive expansion amid strong earnings growth

Patel Retail Limited reports a 69.7% rise in quarterly revenue and a significant profit boost, as the Mumbai-based supermarket chain plans to expand its store network and diversify products in FY27. Patel Retail Limited began FY27 with a sharp rise…

  • apxadmin
  • August 13, 2026
  • Markets & Investing

Nestlé's Indian resilience boosts parent amidst high valuations and looming growth expectations

Nestlé S.A.’s shares find solid support from the high valuation of its Indian subsidiary, driven by strong earnings growth and brand strength, though future performance will need to justify the premium amid market volatility. Nestlé S.A.’s shares continue to draw…

  • apxadmin
  • August 13, 2026
  • Markets & Investing

Gold prices face mild decline amid global cues and profit-taking in India

Gold prices in India experienced a slight easing on 13 August amid profit-taking and softer international signals, affecting major city rates and prompting cautious outlooks for investors. Gold prices eased slightly on Thursday, 13 August, in India’s bullion market after…

  • apxadmin
  • August 13, 2026
  • Markets & Investing

Insolation Energy’s revenue jumps 105% on soaring solar project demand despite profit dip

Insolation Energy reports a 105% increase in first-quarter revenue driven by growing demand across solar project sectors, even as profits decline amid expansion plans. Insolation Energy reported a sharp jump in first-quarter revenue as demand strengthened across utility-scale, rooftop, commercial…

  • apxadmin
  • August 13, 2026
  • Markets & Investing

Gold surges on official-sector buying amid geopolitical tensions and rate expectations shift

Gold prices have climbed by 10% since August, driven by declining rate expectations, geopolitical uncertainties, and a record-high influx of official-sector purchases, signalling a strategic shift amidst broader economic uncertainties. Gold’s sharp rise is being driven by a familiar mix…

  • apxadmin
  • August 13, 2026
  • Markets & Investing

Gold and silver see sharp decline in Delhi after seven-session rally due to profit booking

Gold and silver prices in Delhi declined sharply after a seven-session rally, driven by profit-taking amid softer US inflation data and shifting macroeconomic signals, affecting international bullion prices. Gold prices in Delhi ended a seven-session run on Thursday, with traders…

  • apxadmin
  • August 13, 2026
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