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Bank Nifty gains momentum ahead of SBI results amid short covering and institutional buying

Bank Nifty extends recovery with strong institutional support and short covering, approaching key resistance levels as traders await SBI earnings to determine next move. Bank Nifty extended its recent recovery on Thursday, signalling that buyers still have the upper hand…

  • apxadmin
  • August 7, 2026
  • Personal Finance & Wealth

Zenith Bank confirms data breach amid rising cyber threats in Nigeria’s banking sector

Zenith Bank has revealed a cyberattack that exposed limited customer information, amid escalating cyber threats targeting financial institutions in Nigeria, with digital systems remaining secure and operational. Zenith Bank has confirmed that hackers gained unauthorised access to part of its…

  • apxadmin
  • August 7, 2026
  • Personal Finance & Wealth

Caruthersville police warn of rising local bank impersonation scam using spoofing technology

Authorities in Caruthersville have issued a warning about a surge in phone scams where fraudsters pose as local bank representatives, using spoofing technology to deceive residents into revealing sensitive information. Caruthersville police are warning residents about callers posing as representatives…

  • apxadmin
  • August 7, 2026
  • Economy, Policy and Business

Rolls-Royce aims to transform India into a global aerospace manufacturing hub with new investments and partnerships

Rolls-Royce is accelerating its plans to develop India’s advanced aero-engine manufacturing industry, aiming to double its local sourcing and foster a sovereign aerospace ecosystem through new investments and strategic collaborations. Rolls-Royce says India is steadily building the industrial depth needed…

  • apxadmin
  • August 7, 2026
  • Economy, Policy and Business

RBI stays cautious on interest rates amid global uncertainties and inflation risks

The Reserve Bank of India remains cautious on adjusting interest rates, citing volatile global energy markets, uncertainty around the monsoon, and inflation pressures driven by food and fuel costs as key factors influencing its stance. Reserve Bank of India Governor…

  • apxadmin
  • August 7, 2026
  • Economy, Policy and Business

Public sector enterprises accelerate capital spending amid cautious private investment

Capital expenditure by 59 central public sector enterprises and four government organisations has exceeded a third of their annual target in the first four months, highlighting sustained public investment as private sector appetite remains subdued. Capital expenditure by 59 central…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

India’s new closing auction shows early signs of divergence amid liquidity concerns

India’s newly introduced closing auction mechanism aims to improve stock price reliability but faces challenges as initial signs indicate potential volatility and divergence between leading exchanges, highlighting the need for broader participation and more liquidity. India’s new closing auction session…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

India's economic growth forecast sees cautious optimism despite global headwinds

While ICICI Bank predicts a moderation in India’s FY27 growth followed by a rebound in FY28, diverging forecasts highlight concerns over energy stress, monsoon weakness, and global uncertainties affecting the nation’s economic outlook. India’s economic expansion is expected to cool…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

Whirlpool of India begins Q1 2027 earnings call amid silent mode with no financial details revealed

Whirlpool of India’s first-quarter 2027 earnings call was conducted in listen-only mode with limited information, marking a subdued start to the company’s financial disclosures for the period. Whirlpool of India’s first-quarter 2027 earnings call opened on August 6, 2026, with…

  • apxadmin
  • August 7, 2026
  • Fintech & Digital Money

Advancements in payment authentication: balancing security and user experience

As digital payment security evolves with multi-factor authentication and risk-based checks, merchants and consumers face new opportunities and challenges in reducing fraud without compromising convenience. Every time a customer clicks “Pay Now”, a set of identity checks may begin before…

  • apxadmin
  • August 6, 2026
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