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Gold surges above US$4,600 as US policy signals boost haven appeal

Gold prices extend their rally, surpassing US$4,600 for the first time since May, amid weakening US dollar, easing US economic data, and rising demand for safe havens driven by geopolitical and fiscal concerns. Gold extended its rally on Friday, moving…

  • apxadmin
  • August 22, 2026
  • Economy, Policy and Business

India’s forex reserves reach record $716.91 billion amid robust inflows and policy support

India’s foreign exchange reserves have risen to a new high of $716.91 billion, driven by valuation gains and strategic policy measures, strengthening the country’s macroeconomic stability amid global uncertainty. India’s foreign exchange reserves climbed to a record $716.91 billion as…

  • apxadmin
  • August 22, 2026
  • Personal Finance & Wealth

Indian borrowers urged to compare personal loans beyond interest rates to avoid costly mistakes

In India, borrowers are advised to meticulously compare lenders, interest rates, fees, and eligibility criteria to find the most suitable personal loan, reducing financial strain and ensuring better repayment capacity. For borrowers in India, a personal loan can be a…

  • apxadmin
  • August 22, 2026
  • Economy, Policy and Business

India's policy shift aims to boost rupee in global trade amid currency expansion efforts

India has introduced policy changes to make rupee-denominated export payments more attractive, potentially accelerating its role in global commerce and reducing reliance on the US dollar. India has moved to make rupee-denominated export payments more attractive, in a policy shift…

  • apxadmin
  • August 22, 2026
  • Markets & Investing

India's duty-free sugar imports push futures towards one-year highs amid weather concerns

Raw sugar futures approached one-year highs as India opens duty-free importation, boosting market confidence amidst ongoing supply concerns and weather-related crop risks. Sugar futures edged back towards the previous session’s one-year highs on Friday as traders continued to weigh India’s…

  • apxadmin
  • August 22, 2026
  • Personal Finance & Wealth

Gold loan balance transfers surge as borrowers seek better rates and flexible terms

Borrowers are increasingly turning to gold loan transfers to cut costs, secure more favourable repayment plans, and benefit from enhanced safety and service features, as lenders offer competitive terms in a dynamic market. A gold loan balance transfer, also described…

  • apxadmin
  • August 22, 2026
  • Tax, Laws & Money Explained

India considers borrowing debit card rule to prevent UPI merchant charges

India’s payments authorities are exploring implementing safeguards against passing merchant discount rate charges to consumers in UPI transactions, following a precedent set by debit card rules, though no final decision has been made amid ongoing debates and policy delays. India’s…

  • apxadmin
  • August 22, 2026
  • Markets & Investing

Man Infraconstruction reports robust Q1 growth driven by thriving Mumbai launch pipeline and strategic overseas investments

Man Infraconstruction’s first quarter of FY27 showcases a 29% rise in net profit to ₹71.64 crore, bolstered by strong sales momentum, a burgeoning launch pipeline exceeding ₹6,600 crore, and a net debt-free balance sheet, highlighting strategic growth amidst policy shifts…

  • apxadmin
  • August 22, 2026
  • Economy, Policy and Business

India’s insurance sector prepares for transformative shift with Ind AS 117 implementation

The introduction of Ind AS 117 aligned with IFRS 17 promises to overhaul Indian insurance accounting, enhancing transparency and global comparability amid industry-wide technological upgrades. India’s insurance sector is heading into a major shift in financial reporting as Ind AS…

  • apxadmin
  • August 22, 2026
  • Markets & Investing

Accel and AVP stake sales mark strategic shift amid Amagi’s rising prospects

Venture capital giants Accel and AVP offload over 1 crore shares in Amagi through block deals, signalling a significant shift amid the company’s recent bullish market performance and upcoming IPO plans. Amagi, the Bengaluru-based media software company, saw a large…

  • apxadmin
  • August 22, 2026
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