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Rajeev Thakkar defends patient, contrarian approach amid changing market dynamics

Rajeev Thakkar, CIO of PPFAS Mutual Fund, reassures investors that recent underperformance is part of a long-term contrarian stance, as the fund adapts to evolving market conditions with increased cash positions and sector shifts. Rajeev Thakkar, the chief investment officer…

  • apxadmin
  • August 8, 2026
  • Markets & Investing

Oil market volatility persists amid Strait of Hormuz tensions and geopolitical uncertainties

Crude oil markets remain volatile as traders monitor potential disruptions in the Strait of Hormuz, with broader economic implications for India and vulnerable economies worldwide amid geopolitical tensions and supply risks. Crude oil markets are likely to remain unsettled next…

  • apxadmin
  • August 8, 2026
  • Markets & Investing

Indian Oil secures enough crude supplies to weather shipping disruptions into September

Indian Oil Corporation has confirmed it has secured sufficient crude oil reserves to cover almost two months amid ongoing disruptions around key shipping lanes, bolstering energy stability and shielding consumers from global price shocks. Indian Oil Corp said on Friday…

  • apxadmin
  • August 8, 2026
  • Markets & Investing

Gold reaches highest level since June 2023 amid declining oil prices and easing US interest rate fears

Gold prices surged to their highest point since June 17, 2023, driven by falling oil prices, a weaker dollar, and renewed investor confidence, with underlying demand remaining strong amid geopolitical and economic uncertainties. Gold prices jumped to their highest level…

  • apxadmin
  • August 8, 2026
  • Tax, Laws & Money Explained

India’s unchanged small savings rates highlight purpose over returns in 2026

India’s government maintains steady interest rates across key small savings schemes amid inflation concerns, emphasising tailored financial solutions for different life stages beyond headline returns. In an environment of sticky inflation and uneven economic growth, India’s government-backed small savings schemes…

  • apxadmin
  • August 8, 2026
  • Tax, Laws & Money Explained

Sukanya Samriddhi Yojana holds steady at 8.2% as future rates remain uncertain

The popular Indian savings scheme for girl children maintains an 8.2% interest rate, with future changes subject to quarterly reviews, offering stability amidst market fluctuations. Sukanya Samriddhi Yojana remains one of the most closely watched small savings options for Indian…

  • apxadmin
  • August 8, 2026
  • Economy, Policy and Business

India’s central bank holds steady as inflation outlook becomes more complex and growth factors shift

India’s central bank maintains its repo rate at 5.25% amid uncertain inflation and growth prospects, with external tensions and domestic resilience shaping policy decisions for the fourth consecutive meeting. India’s central bank kept its policy repo rate unchanged at 5.25…

  • apxadmin
  • August 8, 2026
  • Economy, Policy and Business

Superleap secures INR 36 crore to challenge legacy CRMs with AI-native platform in India

Bengaluru-based Superleap has raised INR 36 crore in its pre-Series A round to accelerate its AI-led CRM platform’s growth and adoption across diverse sectors in India, promising a faster, less disruptive alternative to traditional systems. Superleap, a Bengaluru-based enterprise software…

  • apxadmin
  • August 8, 2026
  • Economy, Policy and Business

India’s unclaimed mutual fund dividends jump 15.7% in 2025-26 amid new SEBI initiatives

Unclaimed dividend amounts held by India’s mutual funds surged by 15.7% to ₹2,689 crore in the financial year 2025-26, as regulator SEBI intensifies efforts to streamline the recovery process and reduce unclaimed assets. Unclaimed dividend money held by India’s mutual…

  • apxadmin
  • August 8, 2026
  • Economy, Policy and Business

IndiGo's potential order signals Embraer's big push into India’s regional jet market

IndiGo’s early talks with Embraer over a major regional jet order could reshape India’s domestic routes and mark Embraer’s largest commercial sale in the country, amid new certification approvals and local manufacturing ambitions. IndiGo is in early talks with Embraer…

  • apxadmin
  • August 8, 2026
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