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Nirmala Sitharaman frames 1991 reforms as a response to crisis amid push for developed India by 2047

Union Finance Minister Nirmala Sitharaman highlights that India’s 1991 economic liberalisation was driven by necessity rather than choice, emphasizing progress since then and outlining her vision for a developed India by 2047 focused on growth, sustainability, and cultural pride. Union…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

Renewed investor interest in dividend ETFs highlights the growth-versus-yield dilemma

As market conditions favour steady cash distributions, dividend-focused exchange-traded funds are gaining renewed attention, spotlighting the strategic choice between growth-oriented and high-yield approaches for income seekers. Dividend-focused exchange-traded funds are drawing renewed attention as investors look for income in a…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

Aegis Logistics stock rises as company reports record June-quarter profit and optimistic expansion plans

Shares of Aegis Logistics surged after the company announced a sharp increase in quarterly profit driven by strong revenue growth and margin expansion, alongside bold expansion targets including a $1.2 billion capex plan by next year. Aegis Logistics shares rose…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

Morgan Stanley boosts PNB Housing outlook on retail loan growth, favours over LIC Housing

Morgan Stanley has upgraded its view on PNB Housing Finance following strong June-quarter results, citing accelerated retail loan growth and improved market share, while maintaining a cautious stance on LIC Housing Finance owing to weaker core retail business. Morgan Stanley…

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

Elderly Andhra Pradesh couple loses ₹1.43 crore in elaborate digital arrest scam

An elderly couple in Andhra Pradesh’s Krishna district fell victim to a sophisticated cyber scam, losing ₹1.43 crore after scammers impersonated police officers and manipulated them into transferring funds under false criminal allegations. The case highlights a growing trend of…

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

Rajya Sabha rejects Appropriation Bill amid Opposition walkout over Kashmir support and demand for Home Minister's apology

The Rajya Sabha considered a ₹54,067 crore Appropriation Bill for 2022-23, facing disruptions and Opposition demands for Home Minister Amit Shah to apologise, amid claims that the Centre has addressed Kashmir’s financial needs following scrapped Article 370. The Rajya Sabha…

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

India’s fuel demand rebounds in July, highlighting shifts in consumption patterns

India experienced a nearly 3% rise in fuel consumption in July, reaching its highest level since March, with petrol and LPG leading the recovery amid shifting demand trends across different petroleum products. India’s fuel consumption rose nearly 3% in July…

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

Jaipur hosts pivotal BRICS meeting as India advances economic diplomacy

India uses Jaipur’s cultural and historic backdrop to centre trade, industry, and technology cooperation at key BRICS ministerial meetings, signalling its leadership ambitions ahead of the upcoming leaders’ summit. Jaipur has become an unlikely but fitting backdrop for one of…

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

India should maintain zero merchant discount rate amid US trade pressures, says GTRI

The Global Trade Research Initiative warns India against changing its UPI fee structure, emphasising the importance of fee-free transactions for small merchants amid external pressures and cybersecurity funding concerns. India should resist any pressure to change its UPI rules for…

  • apxadmin
  • August 7, 2026
  • Markets & Investing

Indian equities end near flat as traders await fresh market cues

India’s benchmark indices closed Thursday almost unchanged amid a narrow trading range, with traders cautious ahead of a potential breakout as key support and resistance levels hold firm. India’s benchmark equity index ended Thursday almost unchanged, with the Nifty 50…

  • apxadmin
  • August 7, 2026
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