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BSE 500 hits new highs driven by financials and auto sector rally

Shares of several BSE 500 companies surged to fresh records on Thursday, led by financial institutions and auto manufacturers, highlighting broad market strength and bullish investor sentiment amid growth in key sectors. Shares across several pockets of the BSE 500…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

India considers paying jewellers up to 1% to revive gold monetisation scheme

India’s gold monetisation scheme could undergo a major overhaul, offering jewellers incentives to promote the programme and increase the circulation of idle household gold, potentially transforming the sector and improving liquidity. India’s Gold Monetisation Scheme could be headed for a…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Trent’s expansion into smaller Indian cities drives 22% profit rise despite cost pressures

Trent reports a 22% quarterly profit increase as it accelerates store growth in smaller Indian cities, offsetting rising costs amid supply chain concerns. Trent reported a 22% rise in quarterly profit on Thursday as the Tata Group retailer’s push into…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Indian market resilience driven by banking rally amid sector rotation

The Indian stock market closed mixed on Thursday, with gains led by banking and oil and gas shares, despite weakness in technology and auto sectors, amid optimism over Middle East tensions easing and strong quarterly results. Indian equities finished Thursday…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Technocraft Ventures aims to raise ₹252 crore with mixed investor interest ahead of August IPO

Noida-based engineering firm Technocraft Ventures prepares for its initial public offering, attracting mixed brokerage recommendations amid a solid order book and recent revenue growth, with shares trading at a premium in the grey market. Technocraft Ventures is set to open…

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

NRIs can keep their PPF accounts alive but face new restrictions after moving abroad

While Indian expatriates can maintain existing Public Provident Fund accounts after relocating, new rules restrict opening and extending accounts, shaping long-term savings strategies for overseas Indians. For Indians who move abroad, the Public Provident Fund often remains one of the…

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

India aims to lead global clean energy manufacturing with focus on steel and critical minerals

Union Minister H.D. Kumaraswamy highlights India’s shift towards self-reliance in clean energy technology production, emphasising steel, rare earths, and industrial collaboration as key to future growth and energy security. Union Minister for Steel and Heavy Industries H.D. Kumaraswamy has said…

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

India’s new payment laws deepen US pressure by enabling charges on UPI and opening data to American firms

The Indian government’s latest legislation risks reshaping the country’s digital economy by potentially reintroducing fees on UPI transactions and increasing foreign access, amidst accusations from Congress of capitulating to US trade pressures. Congress on Thursday accused the Modi government of…

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

Viral AI-assisted tax filing sparks debate over reliability and overdependence

A recent viral claim that artificial intelligence helped a taxpayer file their income tax return before receiving a notice has reignited concerns over the reliance on AI tools during the filing process, highlighting potential pitfalls amid increasing automation. A viral…

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

India’s trade deals with EU and others signal deeper integration but face ground-level hurdles

India’s recent trade agreements, including with the EU, promise vast export opportunities but highlight challenges like port delays and compliance hurdles that could determine the real success of these deals. India has spent years pursuing preferential access to some of…

  • apxadmin
  • August 6, 2026
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