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India clarifies that UPI transactions will remain mostly fee-free amid debate on merchant charges

The Indian government assures that person-to-person UPI payments will stay free, while any future merchant charges will be minimal, as discussions on fee implementation continue. The Finance Ministry has moved to cool speculation that users will soon face charges for…

  • apxadmin
  • August 8, 2026
  • Markets & Investing

India Post’s saving schemes adapt to 2026 investor preferences with diverse attractive options

India Post’s small savings plans continue to attract conservative investors in 2026, offering government-backed, risk-averse options with competitive rates and tailored features for all life stages, highlighting a resilient preference for safety and predictability in a changing financial landscape. India…

  • apxadmin
  • August 8, 2026
  • Markets & Investing

Dhoot Transmission's IPO aims to position itself as a key player in India's growing EV wiring market

Dhoot Transmission announces its initial public offer, aiming to raise ₹3,067 crore, with a focus on expanding capacity and strengthening its foothold in India’s evolving EV wiring segment amidst a volatile auto market. Dhoot Transmission is preparing to open its…

  • apxadmin
  • August 8, 2026
  • Markets & Investing

Indian IT stocks linked to AI face sharp declines despite sector optimism

Kellton Tech and Zensar Technologies, two AI-linked IT companies in India, have seen significant share price drops amid questions over their financial health and growth prospects, highlighting the risks beneath AI hype. Artificial intelligence may be powering a fresh wave…

  • apxadmin
  • August 8, 2026
  • Markets & Investing

Shiprocket expands beyond logistics with fast-growing technology segments ahead of ₹1,618 crore IPO

Shiprocket prepares for its upcoming IPO by emphasising new technology-driven revenue streams including checkout, advertising, and omnichannel logistics, signalling a strategic shift from traditional parcel delivery towards becoming a vital technological layer for India’s SMEs. Shiprocket is leaning harder on…

  • apxadmin
  • August 8, 2026
  • Markets & Investing

Nifty 50 futures face crucial test after tentatively breaking out of multi-month triangle

Nifty 50 futures have edged above a multi-month triangle resistance on the weekly chart but remain in a cautious holding pattern amid tentative breakout signals, leaving investors awaiting clearer momentum. Nifty 50 futures are pressing against a technical crossroads after…

  • apxadmin
  • August 8, 2026
  • Markets & Investing

Delhivery’s profit plummets 65% despite revenue growth as integration costs bite

Delhivery reports a 65% drop in quarterly profit amid a 28% rise in revenue, citing integration expenses from its Ecomm acquisition, while increasing market share and leadership changes signal a strategic shift. Delhivery has reported a sharp fall in quarterly…

  • apxadmin
  • August 8, 2026
  • Markets & Investing

PNC Infratech balances revenue gains with profit decline amid strategic expansion

Despite an 18.6% rise in revenue and a 42.1% jump in EBITDA, PNC Infratech reports a 23% drop in net profit for the June quarter, signalling cautious optimism as it ventures into mining, solar and water projects. PNC Infratech Ltd.…

  • apxadmin
  • August 8, 2026
  • Markets & Investing

India’s economy remains resilient despite US threats to impose Russian oil sanctions

Anindya Banerjee of Kotak Securities suggests India can withstand US threats of tariffs on Russian crude, as broader oil price shocks pose a greater risk to its economy. India’s economy is likely to remain largely shielded if Washington follows through…

  • apxadmin
  • August 8, 2026
  • Personal Finance & Wealth

Hidden summer costs piling up for travellers and shoppers

As summer expenses mount through travel, retail deals, and dining out, experts warn that hidden charges and impulsive spending can push household budgets into debt, urging consumers to spend with intention and review costs carefully. Summer spending often arrives in…

  • apxadmin
  • August 8, 2026
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