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Tewolde Gebremariam appointed to lead Air India through safety and financial crises

The new CEO of Air India, Tewolde Gebremariam, steps into a challenging role marked by safety lapses, record losses, and network disruptions amid increased regulatory scrutiny and industry turmoil. Air India has turned to Tewolde Gebremariam at a difficult moment…

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

India’s consumer confidence dips amid price pressures but spending remains steady

Household sentiment in India weakened in July due to concerns over prices and employment, yet consumption habits show resilience, according to Reserve Bank of India surveys. Consumer confidence in India slipped in July as households became more cautious about the…

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

Indian promoters boost stakes across sectors in June quarter amid cautious optimism

Promoters of major Indian companies increased their ownership in the June quarter, signalling confidence amid sectoral shifts, including notable rises in Reliance Industries and Manappuram Finance, according to Elara Capital data. Reliance Industries and a cluster of other large Indian…

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

India must overhaul land acquisition to boost industrial investments, says NITI Aayog vice chairman

NITI Aayog Vice Chairman Ashok Kumar Lahiri urges India to simplify land acquisition processes to attract more industrial investments and support its goal of becoming a developed economy by 2047. India needs to make land acquisition far easier if it…

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

India’s MSMEs increasingly turn to digital procurement for growth amid rising automation and platform preferences

A new India SME Forum report reveals that four in five micro, small and medium enterprises in India see digital procurement as vital to their growth, with a significant shift towards AI-enabled platforms and online sourcing despite current reliance on…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Gold and silver jump to near two-week highs amid easing West Asia tensions and rate pause expectations

Bullion markets surged on Thursday as easing tensions in West Asia and softer interest rate pressures prompted traders to push gold and silver prices towards recent peaks, signalling a potential shift in safe-haven demand. Gold and silver futures firmed on…

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

Digital payment revolution threatens dominance of global card networks

As QR codes and instant funds transfer systems become more prevalent worldwide, traditional card networks like Visa and Mastercard face a transforming landscape, raising questions about their future role in domestic and cross-border transactions. For decades, the humble payment card…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Berger Paints delivers stronger-than-expected Q1 with growth driven by decorative and automotive sectors

Berger Paints India reports a significant rebound in its first-quarter results, with revenue and net profit surpassing initial estimates amid robust demand and product launches, despite rising input costs and geopolitical risks. Berger Paints India said on Wednesday that its…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Leap India's IPO on track for modest first-day gain amid positive grey market signals

Leap India’s ₹2,480-crore initial public offering opens on August 7, with grey market sentiment hinting at a modest first-day rise, reflecting cautious optimism ahead of listing. LEAP India’s ₹2,480-crore initial public offering will open for subscription on August 7, with…

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

Hybrid approach emerges as the optimal choice for retirement planning

As cost and complexity influence decisions, the emerging hybrid model combining automated portfolios with human guidance offers a tailored solution for retirees navigating financial priorities. Choosing between a robo-adviser and a human financial adviser for retirement is less about fashion…

  • apxadmin
  • August 6, 2026
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