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Britannia boosts profit despite soaring costs amid geopolitical tensions

Britannia Industries reports a 14% rise in quarterly net profit, navigating higher transportation and fuel costs driven by West Asia tensions through strategic price adjustments and volume growth, as the company prepares for further price hikes to sustain margins. Britannia…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

India’s steel profits to stay steady despite rising costs, driven by policy support and domestic demand

India’s primary steel producers are expected to maintain stable operating profits in the current fiscal year, supported by higher domestic prices, import safeguards, and resilient local demand, even as raw material costs increase significantly. India’s primary steel makers are set…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Gold rally driven by easing Hormuz tensions and record central bank buying, with projections reaching $4,600 by 2026

Gold continues its upward trajectory near record levels, fueled by optimism over Strait of Hormuz diplomacy, strong central bank demand, and resilient investment flows, amid a complex geopolitical and economic landscape. Gold has continued to edge higher after a sharp…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Emcure Pharmaceuticals leverages specialised products to sustain overseas growth in FY27

Emcure Pharmaceuticals predicts its overseas operations will continue to be the primary growth driver in FY27, supported by a portfolio of differentiated drugs and steady product approvals across European and emerging markets, despite domestic market challenges. Emcure Pharmaceuticals expects its…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

RBI's VRRR auction signals ongoing liquidity surplus amid rate stability concerns

The Reserve Bank of India conducted a ₹1.3 trillion bid in its four-day variable rate reverse repo auction, highlighting persistent excess liquidity in the banking system despite measures to align short-term rates with policy targets. The Reserve Bank of India…

  • apxadmin
  • August 6, 2026
  • Personal Finance & Wealth

VTB introduces additional security step amid surge in SIM swap fraud

VTB now requires customers to confirm SIM card changes separately to combat rising fraud tactics targeting mobile numbers used for banking and online services. VTB is now asking customers to separately confirm a change of SIM card or a switch…

  • apxadmin
  • August 6, 2026
  • Personal Finance & Wealth

Hyderabad firms face surge in WhatsApp impersonation scams after Rs 1 crore fraud

Businesses in Hyderabad are increasingly targeted by scammers impersonating owners on WhatsApp, with recent cases leading to significant financial losses and prompting police warnings to verify urgent fund requests through multiple channels. A Hyderabad private firm has reportedly lost Rs…

  • apxadmin
  • August 6, 2026
  • Personal Finance & Wealth

Fraudsters amplify scams with AI voice cloning and spoofed numbers to target older people

Criminals are increasingly using AI-generated voices and spoofed phone numbers to deceive older adults with scams such as the grandchild and police officer schemes, prompting calls for greater vigilance and family preparedness. Older people are often singled out by fraudsters…

  • apxadmin
  • August 6, 2026
  • Personal Finance & Wealth

AI-driven scams now leave victims facing unexpected tax bills amid rising cybercrime

As fraud losses escalate to billions, increasingly sophisticated AI-enabled scams are causing victims to face unexpected tax liabilities after losing their savings, prompting calls for legal reforms to mitigate the financial damage. A growing class of AI-driven fraud is leaving…

  • apxadmin
  • August 6, 2026
  • Personal Finance & Wealth

New insights into retirement annuity choices focus on flexibility and insurer stability

As retirees navigate income options, emphasis shifts towards flexible annuity structures, comprehensive comparison methods, and assessing insurer strength to secure reliable retirement income. Retirement income planning changes sharply once regular paycheques stop. At that point, the question is not just…

  • apxadmin
  • August 6, 2026
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