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Cummins India delivers robust start to FY24 amid export risks and domestic growth

Cummins India begins the new fiscal year with an 18% rise in standalone sales, driven by strong domestic demand, despite cautious outlook on exports due to geopolitical tensions. Cummins India began the new fiscal year with a stronger-than-expected performance, posting…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Aegis Logistics hits 52-week high on strong Q1 profit surge driven by gas terminal growth

Aegis Logistics reached a 52-week high after reporting a significant increase in June quarter profit, chiefly driven by its gas terminal division, sparking renewed investor interest amid broader performance improvements. Aegis Logistics climbed to a fresh 52-week high on Thursday…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

India’s accelerating power transmission expansion tests industry capacity and policy frameworks

India aims to expand its national transmission network by over 35% by 2032 to support soaring renewable energy targets, but faces logistical, institutional, and industry capacity challenges that threaten execution. India’s power transmission build-out is moving on an enormous scale,…

  • apxadmin
  • August 6, 2026
  • Fintech & Digital Money

India's RBI advances pilot for durable polymer ₹10 and ₹20 banknotes amidst security and cost-saving ambitions

India’s Reserve Bank is set to trial polymer banknotes for ₹10 and ₹20 denominations, aiming to enhance durability and security while maintaining existing paper currency, despite growing digital payments. India’s central bank is moving ahead with a pilot programme for…

  • apxadmin
  • August 6, 2026
  • Fintech & Digital Money

India alerts on deepfake threats as AI cybersecurity shifts from machines to minds

India’s Computer Emergency Response Team warns about AI-driven impersonation attacks, urging a focus on educating the public to recognise synthetic threats amid rising digital fraud and expanding AI capabilities. India’s Computer Emergency Response Team issued a warning in late May…

  • apxadmin
  • August 6, 2026
  • Fintech & Digital Money

BlackSoil backs Mintoak’s strategic expansion into customer loyalty with ₹80 crore funding for Dubai acquisition

BlackSoil has extended ₹80 crore to Mintoak to facilitate its acquisition of Dubai-based ICC Loyalty, marking a significant step in expanding the fintech’s customer rewards and retention services globally. BlackSoil has extended ₹80 crore to Mintoak to help finance the…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

India’s IPO pipeline accelerates amid cautious market optimism for FY2026-27

India’s IPO market shows signs of a stronger second quarter in FY2026-27, with a growing pipeline of companies awaiting market entry, though market participants remain cautious about the actualisation of these listings amid valuation challenges and market stability concerns. India’s…

  • apxadmin
  • August 6, 2026
  • Fintech & Digital Money

Abound and D•One partnership accelerates earlier open banking use for fairer credit

Abound partners with D•One to harness open banking data earlier in the lending process, aiming to offer more accurate and accessible credit scores for over 3.5 million users and boost financial fairness. Abound has teamed up with D•One, the open…

  • apxadmin
  • August 6, 2026
  • Fintech & Digital Money

Return of MDR charges could deepen India’s digital payment duopoly

The possible reintroduction of MDR charges on UPI transactions threatens to strengthen the dominance of PhonePe, Google Pay and Paytm, potentially leading to a wider gap between industry leaders and smaller rivals in India’s digital payment landscape. The possible return…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

Airtel's push for 1 gigawatt data centre capacity signifies bold India expansion

Bharti Airtel plans a major expansion of its Nxtra data centre arm to meet rising demand, aiming for a 1GW capacity through strategic investments and fibre infrastructure growth across India’s top cities. Bharti Airtel is preparing a major expansion of…

  • apxadmin
  • August 6, 2026
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