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Central bank gold purchases and geopolitical tension propel prices near record highs in 2026

Gold enters 2026 supported by record central bank buying, geopolitical tensions, and inflation concerns, with prices near historic peaks as investors view it as a safe haven amid market volatility. Gold has entered 2026 with its reputation intact, trading near…

  • apxadmin
  • August 13, 2026
  • Personal Finance & Wealth

Caution urged over the hidden costs of credit card convenience checks

While offering quick access to cash, credit card convenience checks carry high fees and risks that can harm credit scores and consumer protections, making them a costly last resort for borrowers. A credit card convenience check can look like easy…

  • apxadmin
  • August 13, 2026
  • Personal Finance & Wealth

Simplifying household finances: small changes for bigger peace of mind

Households can achieve greater financial clarity and reduce stress by consolidating bills, automating payments, and cutting unnecessary expenses , making money management easier and more effective. Household finances often become complicated not because of one big mistake but because of…

  • apxadmin
  • August 13, 2026
  • Markets & Investing

Ashiana Housing shifts focus to senior living amid softening demand and strategic land acquisitions

Ashiana Housing reports a sluggish start to FY2027 with declining bookings, but boosts cash flow and realisations, pivoting towards senior living projects to sustain long-term growth amid market headwinds. Ashiana Housing reported a softer start to financial year 2027, with…

  • apxadmin
  • August 13, 2026
  • Economy, Policy and Business

India's IT sector faces job cuts as AI accelerates a shift towards automation

India’s leading IT companies are trimming jobs amidst increasing reliance on automation and AI, signalling a disruptive transformation that questions the sector’s future growth and employment landscape. India’s information technology industry is facing a fresh round of job losses as…

  • apxadmin
  • August 13, 2026
  • Personal Finance & Wealth

Fraudsters exploit debit and credit card scams as protections remain uncertain

Which? warns that criminals are adopting new tactics by pressuring victims into approving payments, blurring the lines between authorised transactions and fraud, and complicating recovery efforts despite evolving reimbursement rules. Which? has warned that fraudsters are shifting tactics in a…

  • apxadmin
  • August 13, 2026
  • Markets & Investing

Gokaldas Exports reports robust start to 2027 with 21% revenue growth amid sector headwinds

Gokaldas Exports begins the 2027 fiscal year with a 7% rise in net profit and a 21% increase in total income, buoyed by strong performance in India and Africa despite sector challenges. Gokaldas Exports opened the 2027 financial year with…

  • apxadmin
  • August 13, 2026
  • Markets & Investing

Grasim’s Birla Opus expands reach amid rising costs and ambition to hit Rs 10,000 crore revenue

Grasim Industries’ new paints brand, Birla Opus, extends its reach to over 12,100 towns in India, despite facing raw material cost pressures, as it aims for a Rs 10,000 crore revenue milestone within three years and continues to diversify with…

  • apxadmin
  • August 13, 2026
  • Markets & Investing

UBS sees gold weakness as a buying opportunity amid changing dollar and interest rate dynamics

UBS advises clients to view recent declines in gold as a strategic entry point, citing lower real yields, a resilient dollar, and ongoing official-sector purchases as key support factors for the precious metal’s medium-term prospects. UBS is telling clients to…

  • apxadmin
  • August 13, 2026
  • Markets & Investing

Astral Ltd delays chemical business demerger as core growth accelerates and industry conditions improve

Astral Ltd has postponed its plans to separate its chemicals division after investor feedback and industry momentum suggest the business needs to grow significantly before reconsidering. Meanwhile, its core plumbing and other segments report strong performance amid easing market volatility…

  • apxadmin
  • August 13, 2026
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