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India must prioritise advanced manufacturing and technology to secure a resilient role in global trade, says parliamentary committee

A parliamentary standing committee warns India that expanding trade pacts alone is insufficient, emphasising the need for industrial strength, innovation, and diversification to truly embed the country in future supply chains amid shifting global dynamics. India needs to look beyond…

  • apxadmin
  • August 6, 2026
  • Tax, Laws & Money Explained

LIC’s Jeevan Akshay VII offers retirees tailored guaranteed income with trade-offs

LIC’s new Jeevan Akshay VII plan presents customised pension options for retirees seeking certainty, though with reduced payouts and limited inflation protection, highlighting a shift towards safety over growth in retirement income solutions. Life Insurance Corporation of India’s Jeevan Akshay…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Allcargo Logistics reports record first quarter driven by AI-driven efficiency and market expansion

Allcargo Logistics has announced its strongest quarterly performance in FY27, with record revenue, EBITDA growth, and strategic use of artificial intelligence, signalling a disruptive shift in India’s logistics sector amid rising demand from diverse industries. Allcargo Logistics has reported its…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Biocon gears up for faster second half with US biosimilar launches and regulatory easing

Biocon anticipates a more dynamic second half of fiscal 2027 driven by new biosimilar launches in the US and regulatory improvements, signalling a positive outlook for the company’s biosimilar pipeline. Biocon expects its business to gather pace in the second…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Indian mutual fund industry accelerates niche product launches amid regulatory reforms

Mutual fund houses in India are set to roll out a wave of specialised investment options following recent regulatory amendments by SEBI, signalling a strategic shift towards diversification and targeted fund offerings. Mutual fund houses in India are preparing a…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Shiprocket reduces IPO size amid cautious market shift; innovative sanitary pad startup gains attention

Shiprocket trims its IPO size by 31%, reflecting a cautious approach in India’s evolving market environment, while pioneering biodegradable sanitary pads highlight product-led solutions to social and infrastructure challenges. Shiprocket has trimmed the size of its initial public offering by…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

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
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