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RBI signals prolonged pause as external risks influence India’s monetary policy outlook

The Reserve Bank of India is expected to maintain a wait-and-see approach into 2026, prioritising liquidity management amid external uncertainties and moderate inflation trends, according to JM Financial analysis. The Reserve Bank of India is expected to stay in wait-and-see…

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

LIC reports strongest quarterly growth driven by higher-margin new business amid geopolitical uncertainties

Life Insurance Corporation of India has announced a 22.81% rise in standalone net profit for the June quarter, bolstered by increased premium income and a significant boost in the value of new business, ensuring its continued dominance in India’s competitive…

  • apxadmin
  • August 7, 2026
  • Personal Finance & Wealth

Enhanced electric vehicle insurance options emerge as flood risks rise

As monsoon rains intensify, insurers introduce specialised add-ons for EV owners to cover costly battery and electrical components, highlighting a shift towards tailored flood protection amid rising water-related risks. For buyers weighing an electric car, the key insurance question is…

  • apxadmin
  • August 7, 2026
  • Personal Finance & Wealth

Kerala consumer commission orders bank to refund ₹10,000 after failed ATM withdrawal

A Kerala consumer commission has mandated Union Bank of India to refund a customer ₹10,000 after a failed ATM transaction, highlighting the importance of transaction records and the rising scrutiny of bank accountability in failed cash withdrawals. A consumer commission…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

ICICI Bank raises $300 million through offshore notes as GIFT City funding accelerates

ICICI Bank has issued $300 million in senior unsecured fixed-rate notes through its IFSC Banking Unit, reflecting a strategic move to tap more foreign currency funding amid robust quarterly growth and expanding overseas presence. ICICI Bank has raised $300 million…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

Cohance Lifesciences faces revenue decline but signals milestones for long-term growth

Cohance Lifesciences reports a 23% fall in revenue amid timing and demand challenges, yet highlights strategic wins and pipeline progress that could underpin future recovery and expansion. Cohance Lifesciences said its latest quarter was weighed down by timing shifts and…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

ASK Automotive reports breakthrough in revenue growth amid rising alloy prices and expansion plans

ASK Automotive sustains an 11th consecutive quarter of record-high revenue, driven by robust demand for advanced safety and lightweight systems, as the company announces significant expansion and strategic partnerships despite alloy price volatility. ASK Automotive said its latest quarter marked…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

Welspun Enterprises maintains profit amid revenue slowdown as it accelerates asset divestment and project progress

Welspun Enterprises reports steady profit margins in Q1 despite softening revenue, driven by strategic asset sales and ongoing project momentum, with robust order book and growth outlook. Welspun Enterprises said its first-quarter profit held up even as revenue softened, helped…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

Pidilite's Q1 profit growth driven by strategic pricing and expanding product lines amidst input cost pressures

Pidilite Industries reports a robust first quarter of fiscal 2027, with revenue and profit surging driven by broad-based demand, strategic pricing, and new product expansion, despite facing raw material cost challenges. Pidilite Industries Ltd. said its first-quarter fiscal 2027 performance…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

Timken India’s process segment drives 15% revenue growth amid overseas challenges

Timken India reports a 15% year-on-year revenue increase for June 2026, with strong demand in its process sector and export markets, supported by the Bharuch plant’s expanded capacity and resilient global demand, despite cost inflation and geopolitical uncertainties. Timken India…

  • apxadmin
  • August 7, 2026
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