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Oil India shares surge on record profits and bullish broker outlook

Oil India Ltd’s share price rose for the second consecutive session, driven by record quarterly profits and a positive broker rating, amid ongoing sector momentum and expanding production figures. Oil India Ltd extended its rally for a second session on…

  • apxadmin
  • August 11, 2026
  • Markets & Investing

Gold prices in India surge amid global bullish trend and rising investor demand

Gold prices in India rose sharply on August 11, driven by a stronger global bullion outlook and increased investor interest, defying usual seasonal lull and amid cautious market sentiment ahead of US inflation data. Gold prices in India jumped sharply…

  • apxadmin
  • August 11, 2026
  • Markets & Investing

Dhoot Transmission's IPO sees strong non-institutional demand amid mixed investor response

Dhoot Transmission’s ₹3,066.89-crore IPO attracted a 1.28 times subscription by mid-day on its second day, with non-institutional investors leading the demand in a mixed response across investor classes. Dhoot Transmission’s ₹3,066.89-crore initial public offering drew a decent response on the…

  • apxadmin
  • August 11, 2026
  • Markets & Investing

CSL's resurgence highlights healthcare sector's allure for income-focused investors amid market recovery

CSL Limited is regaining favour as healthcare shares rally, underlined by sector stability, recurring demand, and attractive valuations, making it a key defensive pick for income investors in an uncertain market. CSL Limited has come back into favour as healthcare…

  • apxadmin
  • August 11, 2026
  • Tax, Laws & Money Explained

Kolkata tribunal rules insurer, not agent, liable for service tax on insurance commissions

The Kolkata bench of the Customs, Excise and Service Tax Appellate Tribunal has exonerated a proprietorship from a significant service tax demand, clarifying that the liability rests with the insurer under the reverse charge mechanism for insurance-related commissions. The Kolkata…

  • apxadmin
  • August 11, 2026
  • Tax, Laws & Money Explained

Korean workers can maximise year-end tax relief through strategic spending and savings planning

As the 2026 tax season approaches, Korean employees are being encouraged to optimise their year-end tax settlements by timing expenses and contributions carefully, leveraging deductions for card spending, pension savings, and family benefits to secure maximum refunds or minimise payments.…

  • apxadmin
  • August 11, 2026
  • Tax, Laws & Money Explained

India's UPI faces pressure to transition from free public utility to paid service amid rising costs and strategic importance

As India’s Unified Payments Interface grows into a vital component of the national economy, debates intensify over whether to keep the system free or introduce charges, balancing economic, strategic, and political considerations. The debate over whether India’s Unified Payments Interface…

  • apxadmin
  • August 11, 2026
  • Fintech & Digital Money

BRICS nations explore linking their digital currencies and payment systems to streamline cross-border transfers

BRICS countries are actively discussing methods to connect their central bank digital currencies and fast payment systems, aiming to reduce costs and friction in international transfers ahead of the 2026 summit hosted by India. BRICS countries are examining ways to…

  • apxadmin
  • August 11, 2026
  • Fintech & Digital Money

RBI orders winding up of Paytm Payments Bank after regulatory breaches

The Reserve Bank of India has officially wound up Paytm Payments Bank following court orders due to serious regulatory breaches, marking a significant crackdown on fintech governance standards in India. The Reserve Bank of India has said Paytm Payments Bank…

  • apxadmin
  • August 11, 2026
  • Fintech & Digital Money

RBI governor warns banks on AI risks amid push for responsible innovation

Reserve Bank of India’s Sanjay Malhotra emphasises the need for stronger governance, accountability, and human oversight in the increasing adoption of AI by banks, outlining six key risk areas to watch as digital banking evolves. Reserve Bank of India Governor…

  • apxadmin
  • August 11, 2026
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