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India’s rising crude import reliance faces new risks amid Middle East concerns

India’s dependence on imported crude oil remains high at around 90%, with recent geopolitical tensions in the Middle East prompting calls for diversification and increased storage capacity to bolster energy security. India’s appetite for crude oil is still outpacing its…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

Precious metals rally accelerates as easing tensions bolster safe-haven appeal

Gold and silver surge to their strongest weekly gains since early 2023 amid easing geopolitical tensions and falling oil prices, igniting fresh investor interest and speculation of further rises in the metals markets. Gold and silver have surged sharply this…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

UBS maintains bullish outlook on gold growth despite short-term target cuts

UBS remains bullish on gold, predicting prices could reach $5,000 an ounce by 2027, amid shifting short-term targets and ongoing demand from central banks and investors. UBS is still betting on gold, even as the bank has trimmed some of…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

Indian shares fall sharply as global risks and oil prices spook investors

Indian stock indices declined on Friday, trimming weekly gains amid concerns over rising crude prices, global cues, and domestic policy pressures, with volatility gauges signalling investor unease. Indian shares ended Friday lower, with a late-week pullback broadening into a sharper…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

Info Edge's June-quarter growth driven by Naukri.com amid margin pressures

Info Edge (India) Ltd is set to release its June-quarter results on August 11, with investors eyeing sustained growth from its core recruitment platform Naukri.com despite a slight decline in profit margins amid broader business expansion. Info Edge (India) Ltd…

  • apxadmin
  • August 7, 2026
  • Economy, Policy and Business

India’s startup funding accelerates with deals in apparel, climate tech and robotics

Indian startups closed a busy week of funding on 7 August 2026, with major investments in apparel, climate innovation, and infrastructure robotics, signalling a vibrant shift amid mixed market signals. India’s startup funding scene produced a busy close to the…

  • apxadmin
  • August 7, 2026
  • Economy, Policy and Business

Hero MotoCorp boosts production capacity to meet surging demand in India’s two-wheeler market

Hero MotoCorp has raised its growth forecast for India’s two-wheeler sector to nearly double digits in FY 2026-27, driven by strong demand, capacity expansion, and growth in exports, as the company accelerates its push into electric mobility. Hero MotoCorp said…

  • apxadmin
  • August 7, 2026
  • Economy, Policy and Business

Technocraft Ventures launches IPO amid rising investor interest in India’s infrastructure boom

Technocraft Ventures has commenced its IPO to raise funds for expansion in water, roads, and urban infrastructure, as India continues its public works spending surge, attracting investor attention amidst robust growth ambitions. Technocraft Ventures has opened its initial public offering…

  • apxadmin
  • August 7, 2026
  • Economy, Policy and Business

Hyundai aims for a comeback with 26 new models by 2030 amid market share decline

Hyundai Motor India, facing declining market share due to slower product updates, plans an aggressive rollout of 26 new models by 2030, including electric vehicles and facelifts, to reclaim its competitive edge in India. Hyundai Motor India has acknowledged that…

  • apxadmin
  • August 7, 2026
  • Economy, Policy and Business

Madras High Court orders fresh review of ₹230 crore GST dispute involving IRFC

The Madras High Court has quashed a GST assessment against Indian Railway Finance Corporation Ltd, sending the case back to tax authorities for a fair re-evaluation of input tax credit and reverse charge claims, highlighting procedural irregularities in the original…

  • apxadmin
  • August 7, 2026
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