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India's record $20.5 billion US investment signals deepening economic ties

Indian companies committed a historic $20.5 billion during the SelectUSA Investment Summit, highlighting the rapid growth of bilateral trade and investment, with a focus on pharmaceuticals and manufacturing, as diplomatic and business ties strengthen. Sergio Gor, the US ambassador to…

  • apxadmin
  • August 18, 2026
  • Economy, Policy and Business

Urban job recovery in India slow to catch up with rural gains, voices concern over female participation

India’s urban employment figures show a sluggish recovery amid persistent female unemployment, highlighting uneven job market progress despite overall labour market strengthening. India’s urban jobs market remained under pressure in July 2026, with unemployment among people aged 15 and above…

  • apxadmin
  • August 18, 2026
  • Economy, Policy and Business

Atravelq secures funding to personalise overseas travel experiences and expand in India

Chandigarh-based travel company Atravelq raises fresh capital at a ₹10 crore valuation, aiming to revolutionise personalised international travel and accelerate its growth in Indian markets with new technology and destination partnerships. Atravelq, a Chandigarh-based travel company focused on personalised overseas…

  • apxadmin
  • August 18, 2026
  • Economy, Policy and Business

US-India economic ties deepen amid calls for clearer rules and strategic cooperation

US Ambassador Sergio Gor emphasises the need to reduce friction points and promote strategic sectors like AI and energy as US-India trade surpasses $240 billion, aiming for $500 billion by 2030. Sergio Gor, the US ambassador to India, has said…

  • apxadmin
  • August 18, 2026
  • Economy, Policy and Business

India considers cutting sugar import duty to ease festive season inflation

The Indian government is weighing whether to reduce or abolish the 100% import duty on sugar to address soaring prices ahead of the festive season, potentially increasing supply and providing relief to consumers amid political sensitivities surrounding food inflation. India’s…

  • apxadmin
  • August 18, 2026
  • Economy, Policy and Business

AI in finance accelerates shift from productivity tool to accountability challenge

With AI now deeply embedded in financial decision-making, questions around governance, accountability, and ethical use are emerging as the technology reshapes industry practices and regulatory frameworks. Artificial intelligence is moving from the back office into the heart of finance, but…

  • apxadmin
  • August 18, 2026
  • Economy, Policy and Business

India’s Supreme Court orders CBI to independently review allegations against Sammaan Capital

India’s Supreme Court has mandated the Central Bureau of Investigation to conduct an independent review of allegations linked to Sammaan Capital, formerly Indiabulls Housing Finance, amid ongoing scrutiny over suspected financial misconduct and multiple allegations including fraud and share-price manipulation.…

  • apxadmin
  • August 18, 2026
  • Economy, Policy and Business

Tata Sons' AGM derailed by trust dispute and quorum failure, marking a century-long first

The Tata Sons annual general meeting was adjourned due to the absence of a quorum, highlighting unresolved conflicts within its key philanthropic trusts that threaten to disrupt the conglomerate’s governance. The annual general meeting of Tata Sons was adjourned on…

  • apxadmin
  • August 18, 2026
  • Economy, Policy and Business

India’s tax crackdown targets suspicious foreign remittances routed through shell companies and unauthorised professionals

India’s Income Tax Department has launched a nationwide verification drive into suspicious overseas transfers, targeting shell companies, fake charitable trusts, and unauthorised accountants, amid reforms to foreign remittance reporting systems. India’s Income Tax Department has begun a nationwide verification drive…

  • apxadmin
  • August 18, 2026
  • Economy, Policy and Business

Axis Bank aims to transform corporate banking with integrated cash flow services and selectivity in loan growth

Axis Bank is expanding beyond traditional lending to incorporate comprehensive cash flow management and technology-driven services, focusing on sectors with strong momentum while maintaining disciplined loan growth. Axis Bank is trying to widen its corporate banking business beyond plain-vanilla lending,…

  • apxadmin
  • August 18, 2026
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