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Auto-sweep deposits offer higher returns without sacrificing liquidity for savings account holders

Auto-sweep facilities are emerging as a popular way for customers to earn higher interest on idle cash by automatically transferring surplus funds into fixed deposits, blending better returns with liquidity. Banks often encourage customers to open a savings account by…

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

Legacy fraud detection systems are costing banks billions through false declines, new analysis reveals

Banks may be losing approximately $160,000 annually per institution due to outdated fraud detection systems wrongly blocking legitimate card transactions, with global industry implications and potential for modern AI-driven solutions. Banks may be losing about $160,000 a year in interchange…

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

New crypto scam tactics prompt advanced blockchain tracing and cautious recovery approaches

As cryptocurrency scams become more sophisticated, dedicated tracing firms highlight the critical window for recovery, emphasising the importance of early investigation, detailed evidence preservation, and cautious reporting amid increasing impersonation and phishing threats. Cryptocurrency scams are growing more polished, blending…

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

Blockchain forensic analysis offers new hope for Chinese victims of cross-border crypto fraud

For Chinese-speaking victims of crypto scams face hurdles in recovery due to language barriers and legal complexities. Experts advocate pairing formal reporting with forensic blockchain analysis to trace funds across jurisdictions and facilitate asset recovery, amid rising scam tactics and…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

PB Fintech's growth appeal faces investor caution amid valuation concerns

Despite strong quarterly results, analyst opinions diverge on PB Fintech’s valuation and growth prospects, with some favouring traditional insurers for steadier returns amid regulatory uncertainties. PB Fintech has emerged from its latest quarter with a strong set of numbers, but…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Goldman Sachs upgrade sparks renewed optimism for Hindustan Aeronautics Ltd., with potential for sector-wide growth

Goldman Sachs’ upgrade of Hindustan Aeronautics Ltd. to ‘buy’ and increased target price have reignited investor interest, highlighting increased confidence in India’s defence manufacturing growth amid operational improvements and strategic partnerships. Hindustan Aeronautics Ltd. drew fresh investor attention after Goldman…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Park Medi World sees stock rally as brokerages lift targets amid strong expansion plans

Shares of Park Medi World surged after brokerages Choice Institutional Equities and Emkay Global increased their target prices, citing robust growth prospects and recent hospital expansions in northern India. Park Medi World was in focus on Wednesday after two brokerages…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

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
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