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RBI’s new ombudsman scheme streamlines complaint redress for Indian banking customers

India’s Reserve Bank has launched a unified, free ombudsman system to handle banking grievances, offering faster and more accessible dispute resolution for customers facing service issues since November 2021. If a bank does not settle a complaint within the prescribed…

  • apxadmin
  • August 8, 2026
  • Personal Finance & Wealth

Dubai Police warn of rising fake remote job scams linked to laundering schemes

Authorities in Dubai have issued a warning to residents about a surge in fake part-time job offers circulating on social media, which are exploited by scammers to launder stolen money through unwitting jobseekers. Dubai Police have warned residents to be…

  • apxadmin
  • August 8, 2026
  • Personal Finance & Wealth

Kupwara consumer commission orders Bajaj Allianz to pay nearly Rs 10 lakh in fire claim ruling

Kupwara’s Consumer Disputes Redressal Commission has mandated Bajaj Allianz to pay close to Rs 10 lakh to a shop owner after ruling against the insurer’s refusal to honour a fire insurance claim, marking a series of recent judgments scrutinising insurer…

  • apxadmin
  • August 8, 2026
  • Tax, Laws & Money Explained

Muthoot Capital and Manipal Housing offer top fixed deposit rates amid rising NBFC competition

Muthoot Capital Services and Manipal Housing Finance are leading India’s fixed deposit market with rates reaching 8.50%, prompting investors to assess safety alongside attractive returns amid a competitive NBFC landscape. Muthoot Capital Services and Manipal Housing Finance are offering some…

  • apxadmin
  • August 8, 2026
  • Markets & Investing

India’s listed firms’ Q1 results hint at sectoral recovery amid macroeconomic uncertainties

Over 80 companies, including Delhivery, Aditya Birla Fashion, and PNC Infratech, are set to publish their Q1 FY27 results, offering insights into how India’s sectors are navigating demand, costs, and margins amid global pressures. At least 80 companies are due…

  • apxadmin
  • August 8, 2026
  • Markets & Investing

Indian stocks waver ahead of key earnings as SBI signals resilience and margin improvement

Indian markets closed lower amid rising crude and weaker financial stocks, but key earnings headlines, including SBI’s strong profit growth, point to cautious resilience amid signposts of economic health. Indian equities ended the previous session under pressure as financial stocks…

  • apxadmin
  • August 8, 2026
  • Markets & Investing

NLC India’s quarterly profit hits a 48% dip amid rising revenues and renewable push

NLC India reports a significant 48% decline in net profit for June quarter, contrasting strong revenue growth and increased renewable investments amid operational expansion and record revenues for FY26. NLC India reported a net profit of ₹436 crore for the…

  • apxadmin
  • August 8, 2026
  • Markets & Investing

Indian stocks sustain weekly rally amid easing crude prices and strong earnings signals

Indian shares extended their winning streak into a second week, propelled by lower crude oil costs and robust Q1 FY27 earnings, with market sentiment bolstered by positive macroeconomic indicators and easing global concerns. Indian shares extended their winning run for…

  • apxadmin
  • August 8, 2026
  • Markets & Investing

India's flexible workspace sector drives innovation in real estate IPOs

India’s real estate IPO market is expanding beyond traditional developers, with flexible workspace operators and managed-asset platforms gaining investor interest amid sector maturity and growth. India’s real estate IPO market is broadening beyond conventional developers, with flexible workspace operators and…

  • apxadmin
  • August 8, 2026
  • Markets & Investing

Gold in India reaches seven-week high amid US labour data and rate cut prospects

Gold prices across India surged to a seven-week peak on August 8, driven by weaker US labour data and renewed expectations of interest-rate cuts, with global bullion prices also climbing sharply, signalling a bullish outlook for precious metals. Gold prices…

  • apxadmin
  • August 8, 2026
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