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Nahar Spinning Mills reports record profit surge driven by strong sales and operational gains

Nahar Spinning Mills has unveiled a dramatic year-on-year profit increase of over 337%, supported by enhanced sales and operational efficiency, alongside leadership extensions for key executives. Nahar Spinning Mills has reported a steep rise in profit for the quarter to…

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

Axis Max Life promotes retirement as a new beginning with Rohit Sharma and Ritika Sajdeh

Axis Max Life Insurance launches a new campaign featuring Rohit Sharma and Ritika Sajdeh to reposition retirement planning as an empowering phase for personal ambitions, encouraging earlier and structured pension investments. Axis Max Life Insurance has introduced a retirement campaign…

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

New RBI rules make bullet gold loans riskier but still attractive for certain borrowers

Revised RBI guidelines have reduced the attractiveness of bullet repayment gold loans due to higher risks and lower disbursal limits, prompting borrowers to prioritise repayment structures aligned with cash flow and market fluctuations. Borrowers weighing a gold loan should focus…

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

J&K Bank partners with SBI Life to expand insurance access across India

Jammu & Kashmir Bank has formed a new partnership with SBI Life Insurance, enabling distribution of a broader range of life insurance products through over 1,000 branches nationwide, with a focus on Jammu & Kashmir and Ladakh. SBI Life Insurance…

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

Prioritising financial foundations helps engaged couples host smarter weddings

Expert advice urges engaged couples to review their finances fully before planning their wedding, emphasising the importance of savings, transparency, and shared financial goals to ensure a stress-free celebration and a strong financial start in marriage. For many engaged couples,…

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

PM Vidyalaxmi scheme transforms education financing with collateral-free, digital loans

The Centre’s newly launched PM Vidyalaxmi scheme offers merit-based students from weaker families a fully digital, collateral-free pathway for education loans, with layered financial support based on family income, as admissions for NEET UG and other courses progress. With NEET…

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

Retirement readiness hinges on income projections and savings strategies, not just account size

Experts warn that traditional markers like account balance can be misleading; emphasising income needs, consistent contributions, and realistic expense assumptions are key to ensuring a secure retirement. Many people assume they are on track for retirement because they contribute to…

  • apxadmin
  • August 6, 2026
  • Tax, Laws & Money Explained

Lok Sabha moves to authorise banks to charge for UPI transactions amid official denials

The Lok Sabha has approved a bill allowing banks to levy fees on UPI transactions, contrasting with official claims that the system will remain free, raising questions about future pricing and regulation. A report by TeluguPost said the Lok Sabha…

  • apxadmin
  • August 6, 2026
  • Tax, Laws & Money Explained

New guidance for first-time mutual fund investors emphasises purpose, time horizon and risk tolerance

Experts advise beginners to prioritise their financial goals, investment duration, and risk comfort over recent fund performance when choosing mutual funds, signalling a shift towards more disciplined investment decisions. For first-time mutual fund investors, chasing last year’s best returns is…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

India pushes for stronger hardware and deep-tech resilience amid AI-driven software disruptions

India faces a critical need to bolster its hardware and deep-tech infrastructure as artificial intelligence reshapes the software landscape, with government and industry initiatives aiming to bridge the gap between academia and industry and foster domestic innovation. India needs to…

  • apxadmin
  • August 6, 2026
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