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Rupee dips as rising oil prices and Middle East tensions stoke supply worries

The Indian rupee weakened in early trading amid rising Brent crude prices and escalating tensions in the Middle East, reigniting concerns over supply disruptions and currency volatility. The Indian rupee slipped in early trade on Wednesday as a jump in…

  • apxadmin
  • August 12, 2026
  • Markets & Investing

Nifty 50 faces further downside as technical signals turn negative and support levels are tested

The Nifty 50 index opened flat but quickly declined, with technical indicators and support levels suggesting potential further weakness in the near term amid uneven sector performance and shifting derivatives market activity. Nifty 50 opened flat on Tuesday but quickly…

  • apxadmin
  • August 12, 2026
  • Markets & Investing

Behari Lal Engineering's IPO gains momentum amid modest subscription and strong grey market premium

Behari Lal Engineering launches a ₹301.62 crore IPO with early signs of a positive listing, buoyed by a significant grey market premium despite light initial subscription levels. Behari Lal Engineering opened its ₹301.62 crore initial public offering on August 12…

  • apxadmin
  • August 12, 2026
  • Economy, Policy and Business

Rupee dips as oil prices surge amid Strait of Hormuz tensions and US-Iran risks

The Indian rupee declined against the dollar on Wednesday as crude oil prices approached $90 a barrel, driven by geopolitical tensions and supply concerns linked to the Strait of Hormuz, affecting currency and equity markets. The rupee weakened in early…

  • apxadmin
  • August 12, 2026
  • Economy, Policy and Business

India’s private hospital stocks decline as parliamentary panel proposes tighter pricing controls

Shares in Max Healthcare and Apollo Hospitals fell amid proposals for greater transparency and regulation of private hospital tariffs, signalling investor concerns over future margins and market dynamics in India’s healthcare sector. Shares in Max Healthcare Institute and Apollo Hospitals…

  • apxadmin
  • August 12, 2026
  • Economy, Policy and Business

Indian IT industry faces job cuts and shake-up amid AI-driven transformation

India’s vital IT services sector, employing about 6 million and contributing 7% of GDP, is experiencing significant disruption as AI technologies begin replacing traditional roles, raising concerns over employment prospects and economic stability. India’s information technology services industry, long seen…

  • apxadmin
  • August 12, 2026
  • Tax, Laws & Money Explained

Mutual fund risks are more nuanced than category labels suggest

Investors should look beyond fund categories, as the actual risk depends on asset composition, concentration, and market sensitivity, with the SEBI-mandated Riskometer offering only a partial view. Mutual fund risk is not fixed by category alone. Two schemes with the…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

Patience and planning emerging as key strategies for Navi Mumbai homebuyers in 2026

As infrastructure projects bolster Navi Mumbai’s appeal, prospective buyers are advised to adopt a disciplined, long-term approach to purchasing property, balancing affordability, location, and financial preparedness over a five-year plan. For young professionals in Navi Mumbai, the question is often…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

India accelerates LPG Aadhaar e-KYC deadline amid subsidy verification drive

LPG customers across India must complete Aadhaar-based e-KYC by August 15 to avoid disruption, as authorities intensify biometric verification to ensure subsidy integrity and curb misuse. LPG customers across India have been asked to complete Aadhaar-based e-KYC by August 15…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

Annual savings targets gain favour over monthly budgets for sustainable financial planning

A Japanese personal finance expert recommends setting yearly savings goals instead of strict monthly budgets, offering a more adaptable approach to managing household finances amid unexpected expenses. For people who struggle to stick with a strict monthly budget, a yearly…

  • apxadmin
  • August 12, 2026
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