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Money Crux
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Discovered Materials raises $9 million to tackle chip thermal limits with AI-powered materials discovery

Founded by IIT Madras alumni, Discovered Materials secures $9 million in seed funding to advance AI-driven thermal management solutions for next-generation semiconductor chips, highlighting a surge in AI-focused materials research and investment. Discovered Materials, founded by two Indian Institute of…

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

Arvind Panagariya urges Kerala to embrace private enterprise and innovative port development to accelerate urbanisation

Economist Arvind Panagariya advocates for Kerala to foster a business-friendly environment, maximise Vizhinjam port potential, and push for public sector reforms to fuel economic growth and urban development. Arvind Panagariya has urged Kerala to back policies that give entrepreneurs room…

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

India’s mineral taxation reforms risk reigniting constitutional clash with states

India’s move to unify mineral rights taxation aims to streamline industry rules but threatens to override state powers, sparking a legal and political debate over constitutional authority and fiscal rights. India’s plan to tighten the rules on mineral taxation may…

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

Rising household debt linked to increased environmental impact and climate risk

Emerging research reveals that high consumer and corporate debt levels are influencing environmental outcomes, with strained household budgets encouraging resource-intensive choices and debt costs affecting ecological accountability across sectors. Financial debt is usually treated as a private problem, but it…

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

Godrej Finance targets rapid expansion in southern India's gold loan market with acquisition and new branches

Godrej Finance aims to double its branches in Andhra Pradesh and expand its gold loan portfolio across southern India after acquiring Kanakadurga Finance, setting sights on a ₹5,000 crore gold loan book by 2031 and serving nearly 1 million customers…

  • apxadmin
  • August 12, 2026
  • Markets & Investing

Thyrocare's upcoming block deal signals strategic shift towards preventive healthcare and metabolic testing

Thyrocare Technologies Ltd is set to undertake a significant block deal, reflecting its strategic emphasis on expanding into preventive diagnostics, with new offerings targeting metabolic health and potential growth through mandatory health checks for employees. Thyrocare Technologies Ltd is drawing…

  • apxadmin
  • August 12, 2026
  • Markets & Investing

Indian corporate earnings dip amid rising costs and weather disruptions in Q1

Indian crop-protection and industrial giants like Insecticides India, Siemens, Zydus Lifesciences, and MRF report mixed first-quarter results, highlighting the ongoing impact of rising costs, currency fluctuations, and weather-related challenges on profitability while revenue growth remains steady. Indian crop-protection and industrial…

  • apxadmin
  • August 12, 2026
  • Markets & Investing

Landmark Cars rewards growth with near-doubling of net profit amid strong sales and upcoming luxury launches

Landmark Cars reports a sharp rise in quarterly profit to ₹14.5 crore driven by increased vehicle sales, stable service revenue, and a strategic shift towards agency-led sales, as new model launches bolster future outlook. Landmark Cars delivered a sharp rise…

  • apxadmin
  • August 12, 2026
  • Markets & Investing

Manappuram Finance signals strategic shift towards higher-quality disbursements and diversified growth in FY27

In its FY27 first-quarter earnings call, Manappuram Finance outlined plans to strengthen asset quality, expand into higher-ticket segments like affordable housing, and maintain profitability amid a diversified lending portfolio aimed at balancing growth with credit discipline. Manappuram Finance used its…

  • apxadmin
  • August 12, 2026
  • Markets & Investing

Gold hits two-month high as US inflation data and geopolitical tensions boost demand

Gold reached its highest level in over two months amid anticipation of US inflation figures influencing Fed policies and escalating geopolitical tensions supporting safe-haven demand. Gold rose on Tuesday to its highest level in more than two months as traders…

  • apxadmin
  • August 12, 2026
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