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Delhi Police dismantle interstate cyber fraud syndicate targeting mobile theft and bank scams

Delhi Police have broken up a two-stage interstate cyber fraud syndicate involving mobile theft and digital banking scams, arresting nine individuals and uncovering key material to trace the wider network amid rising cybercrime challenges in India. Delhi Police say they…

  • apxadmin
  • August 10, 2026
  • Tax, Laws & Money Explained

India’s higher import duties on gold and silver curb demand amid rising revenue

India’s recent increase in import duties on gold, silver, and platinum has significantly impacted demand, with official data revealing a 6% decline in gold consumption and increased government revenue through customs, as authorities tighten import controls amid volatile global prices.…

  • apxadmin
  • August 10, 2026
  • Tax, Laws & Money Explained

RBI's repo rate pause stabilises Indian housing market amid global uncertainties

The Reserve Bank of India’s decision to maintain the repo rate at 5.25% provides stability for homebuyers, developers, and investors, facilitating cautious growth in a volatile global environment. The Reserve Bank of India’s decision to leave the repo rate at…

  • apxadmin
  • August 10, 2026
  • Markets & Investing

BEML surges as strong order pipeline and capacity expansion boost investor confidence

Shares of BEML climb up to 7% amid bullish growth forecasts, expansion plans, and a growing pipeline of rail, metro, and defence projects, signalling a transformative phase for the state-run engineering firm. BEML shares rose as much as 7% on…

  • apxadmin
  • August 10, 2026
  • Markets & Investing

Pharos Energy shares dip as Serica's takeover stance stalls proposed deal

Pharos Energy’s shares declined following Serica Energy’s decision not to enhance its £145.7 million bid without further conditions, fueling uncertainty over the potential takeover amid broader sector concerns about energy transition and market conditions. Pharos Energy shares fell after Serica…

  • apxadmin
  • August 10, 2026
  • Markets & Investing

Jeena Sikho’s growth masked by margin pressures and rising costs

Despite strong revenue and profit growth in its latest quarterly update, Jeena Sikho faces investor concerns over declining margins, rising finance costs, and the quality of its earnings, prompting a cautious market response. Jeena Sikho Lifecare’s latest quarterly update has…

  • apxadmin
  • August 10, 2026
  • Markets & Investing

Gold surges over 7% amid fading dollar strength and bullish forecast from Wall Street

Gold prices have sharply risen by over 7% since August, supported by weaker dollar and optimistic forecasts from JPMorgan and UBS, amid signs of a softer US economy and geopolitcal tensions. Gold has staged a sharp recovery as the dollar…

  • apxadmin
  • August 10, 2026
  • Markets & Investing

Goldman Sachs predicts lower oil prices amid Middle East tensions and potential Iran-US deal

Goldman Sachs has revised its oil outlook, forecasting Brent crude below $70 by the end of 2023 if regional strains ease, signalling a possible shift in energy markets linked to geopolitical developments and Opec supply strategies. Goldman Sachs has said…

  • apxadmin
  • August 10, 2026
  • Markets & Investing

Bajel Projects shares remain flat despite Rs. 800 crore order win from Power Grid

Despite securing over Rs. 800 crore in new contracts from Power Grid Corporation, Bajel Projects’ shares remain subdued as investors await faster execution and margin improvement amid a growing order book. Bajel Projects’ shares stayed subdued even after the company…

  • apxadmin
  • August 10, 2026
  • Markets & Investing

Oswal Pumps faces margin squeeze amid diversified expansion and rising working capital demands

Oswal Pumps’ profits decline sharply in FY27 despite securing substantial order pipelines, as margin pressures and rising working capital challenge its operational resilience amidst industry-wide shifts in government schemes and solar market opportunities. Oswal Pumps began FY27 under pressure, with…

  • apxadmin
  • August 10, 2026
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