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Wakefit reports 19% rise in quarterly net profit amid revenue growth and cost pressures

Wakefit Innovations posted a 19% increase in net profit for the June quarter, driven by higher sales despite rising costs and taxes, signalling ongoing recovery amidst macroeconomic challenges. Wakefit Innovations reported a 19% rise in net profit for the June…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Norwegian fund manager shifts to riskier AI bets amid market divergence

A Norwegian fund manager is increasing risk by investing heavily in AI-related stocks, signalling a shift amid ongoing debates over the sector’s true value and growth prospects, as investors rebalance their portfolios towards software and platforms over hardware giants like…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Gold's sharp rally above $4,250 signals possible trend reversal amid dollar and yield shifts

Gold prices surged by over 4% to a seven-week high above $4,250, driven by a softer US dollar, lower bond yields, and declining US rate hike expectations, leaving markets at a pivotal point for further movement. Gold surged sharply in…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Apollo Tyres sees sharp profit surge on robust demand and weak base comparison

Apollo Tyres reports a significant jump in net profit to ₹348.87 crore for June quarter, buoyed by strong demand and a low comparison base, despite a recent board shuffle and ongoing economic worries. Apollo Tyres reported a sharp rise in…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Sterlite Technologies accelerates growth with record order book and higher-value data centre contracts

Sterlite Technologies reports a significant jump in quarterly revenue, a record order book and a strategic shift towards higher-value data centre and AI-focused solutions, boosting its growth outlook and margin targets for FY27. Sterlite Technologies has drawn fresh attention after…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Hemas reports resilient revenue but faces margin squeeze amid external pressures and strategic shift

Hemas Holdings PLC sustains nearly flat revenue in Q1 FY27 despite rising costs, with a focus on margin recovery and strategic business segmentation amid global and local economic pressures. Hemas Holdings PLC held revenue broadly steady in the first quarter…

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

India’s mutual fund industry reaches record assets with widespread retail participation and diversification

India’s mutual fund assets hit a historic ₹73.7 lakh crore in FY2025-26, driven by rising retail participation, increased SIPs, and broader product interest, signalling a shift towards mainstream household investing across urban and Tier-II centres. India’s mutual fund industry ended…

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

SBI’s Har Ghar Lakhpati scheme aims to make six-figure savings achievable through disciplined monthly deposits

State Bank of India launches Har Ghar Lakhpati, a recurring deposit plan encouraging disciplined savings for long-term financial goals, with potential to grow modest monthly instalments into over ₹1 lakh within 10 years. State Bank of India’s Har Ghar Lakhpati…

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

How high-net-worth investors are shifting focus to coordinated retirement strategies amid rising healthcare and market volatility

As market fluctuations and healthcare expenses grow, affluent investors are adopting more comprehensive and flexible retirement plans that integrate Goal setting, tax efficiency, asset allocation, and regular reviews to secure their financial future. Retirement planning works best when it starts…

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

Small daily habits and smarter choices drive significant financial gains

Daily habits and small decisions can quietly chip away at savings or boost financial well-being. Experts highlight that understanding spending, prioritising durability, cooking at home, and asking for better deals are powerful steps towards financial health. Looking back, the most…

  • apxadmin
  • August 6, 2026
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