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Hyderabad residents losing nearly Rs 1 crore daily to cybercrime, warns police chief

Hyderabad Police Commissioner V.C. Sajjanar warns that the city faces a daily cybercrime loss of around Rs 1 crore, urging residents to stay alert to digital scams targeting vulnerable groups and to report swiftly to improve recovery chances. Hyderabad Police…

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

UK motor finance scandal shifts into courtroom battle over £9.1 billion redress scheme

The UK’s motor finance scandal has escalated into a major legal dispute as the Financial Conduct Authority defends a £9.1 billion redress scheme, facing multiple challenges that could impact millions of drivers and reshape industry practices. The UK’s motor finance…

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

Mortgage fraud surges amid rising AI-enabled document forgery and account takeovers

The first half of 2026 has seen a sharp increase in mortgage fraud across all categories, driven by online identity theft and AI-enhanced scams, prompting calls for stronger verification methods in property transactions. Mortgage fraud rose across every tracked category…

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

Barclays announces significant mortgage rate cuts amid market volatility

Barclays is reducing selected residential mortgage rates from August 7, including substantial cuts to fixed deals and the launch of a new three-year remortgage product, aiming to offer borrowers greater flexibility in a volatile market. Barclays will trim selected residential…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Godrej Consumer poised for strong Q1 growth driven by international and domestic demand

Godrej Consumer Products is expected to report another quarter of steady growth, with analysts highlighting strong demand across India and key international markets, despite rising raw material costs. Godrej Consumer Products is expected to post another quarter of steady growth…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Blue Star reports declining profit amid margin pressure despite revenue growth and order book expansion

Mumbai-based air-conditioning firm Blue Star Limited sees a 15.1% drop in net profit in its first quarter, influenced by rising input costs and a delayed summer, even as revenue and order book grow. Blue Star Limited reported a softer first…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

BSE 500 hits new highs driven by financials and auto sector rally

Shares of several BSE 500 companies surged to fresh records on Thursday, led by financial institutions and auto manufacturers, highlighting broad market strength and bullish investor sentiment amid growth in key sectors. Shares across several pockets of the BSE 500…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

India considers paying jewellers up to 1% to revive gold monetisation scheme

India’s gold monetisation scheme could undergo a major overhaul, offering jewellers incentives to promote the programme and increase the circulation of idle household gold, potentially transforming the sector and improving liquidity. India’s Gold Monetisation Scheme could be headed for a…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Trent’s expansion into smaller Indian cities drives 22% profit rise despite cost pressures

Trent reports a 22% quarterly profit increase as it accelerates store growth in smaller Indian cities, offsetting rising costs amid supply chain concerns. Trent reported a 22% rise in quarterly profit on Thursday as the Tata Group retailer’s push into…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Indian market resilience driven by banking rally amid sector rotation

The Indian stock market closed mixed on Thursday, with gains led by banking and oil and gas shares, despite weakness in technology and auto sectors, amid optimism over Middle East tensions easing and strong quarterly results. Indian equities finished Thursday…

  • apxadmin
  • August 6, 2026
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