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Vikram Solar's stock plunges amid profit downturn and expanding concerns over margins

Vikram Solar shares fell sharply following disappointing June-quarter results, with profit plummeting 85%, prompting analysts to scrutinise the company’s margin pressures and ambitious expansion plans in the competitive solar sector. Vikram Solar shares fell sharply after the company’s June-quarter results…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

Nifty 50's fragile rebound amid mixed sector cues and global uncertainty

The Nifty 50 experienced a choppy session on August 7, recovering from a gap down but closing lower amid weak global cues and sector rotations, highlighting ongoing market fragility. Nifty 50 opened with a gap down on August 7 but…

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

India’s digital lending surge sparks concern over rising household debt and borrower vulnerability

India’s rapid growth in digital lending, now accounting for four-fifths of personal loans, raises alarms over mounting household debt and borrower exploitation amid minimal regulation, prompting calls for stronger safeguards and debt management reforms. India’s digital lending boom has become…

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

Piramal Finance harnesses hyperlocal cricket campaigns and AI to revamp customer engagement

Piramal Finance is intensifying its focus on localised digital initiatives and AI-driven strategies, leveraging cricket to connect with diverse Indian audiences and enhance customer experience amid evolving consumer expectations. Piramal Finance is leaning harder into localised digital marketing as it…

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

Indian rice prices hit 10-month high amid supply concerns and climate risks

Indian rice export prices remain near a 10-month peak driven by tight domestic supply, uneven monsoon rainfall, and climate-related disruptions, keeping buyers active despite rising offers. Indian rice export prices stayed close to a 10-month peak this week as tighter…

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

LEAP India’s anchor investors boost IPO ahead of ₹2,480 crore listing

LEAP India Ltd garners ₹744 crore from 32 anchor investors as it prepares to launch its ₹2,480 crore IPO, signalling strong institutional support and confidence in the supply chain asset pooling company. LEAP India Ltd drew strong institutional support ahead…

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

India’s coffee exports reach over 140 countries and generate record $2.13 billion in FY2025-26

India’s coffee trade expands its global footprint, with exports to more than 140 nations and a record-breaking value of $2.13 billion in FY2025-26. Efforts to promote GI-tagged coffees and support growers are underpinning this growth despite logistical disruptions. India’s coffee…

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

Most real estate projects in Kolkata expected to secure clearance ahead of August deadline after review

Nearly 60% of 600 real estate projects under review in Kolkata are on track to receive approval shortly, following a thorough scrutiny prompted by safety concerns, with the remainder expected to clear before the August 15 deadline, according to CREDAI…

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

Coal India diversifies into iron ore as India ramps up steel capacity and clean energy efforts

India’s largest coal producer is entering iron ore mining to support the nation’s expanding steel sector and transition to cleaner energy, signalling a significant shift in its strategic direction amid broader mineral and energy diversification plans. Coal India is moving…

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

India pushes for faster adoption of risk-based capital and GST reform to boost insurance penetration

India’s parliamentary watchdog urges IRDAI to accelerate risk-based capital adoption and review tax policies to make insurance more accessible and secure public sector insurer reforms. India’s parliamentary watchdog for public enterprises has urged the Insurance Regulatory and Development Authority of…

  • apxadmin
  • August 7, 2026
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