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US sets $500bn India trade target as bilateral deal nears

Washington aims to more than double trade with New Delhi within three years, as negotiators say talks on an interim agreement are advancing at an “incredible pace”. The United States is aiming to more than double trade with India to…

  • apxadmin
  • October 21, 2026
  • Tax, Laws & Money Explained

India probes whether bulk Scotch imports qualify for UK trade pact tariff cut

Indian customs officials are examining whether bulk Scotch shipments imported by Pernod Ricard and Diageo were correctly classified for a reduced duty under the new India-UK trade agreement. Indian tax officials are examining whether some bulk Scotch whisky imports by…

  • apxadmin
  • October 21, 2026
  • Markets & Investing

Small-cap fund overlap fails to predict one-year winners

A comparison of Indian small-cap funds finds little link between benchmark overlap and one-year returns, putting the focus on stock selection and active management. Investors often use portfolio overlap as a quick way to judge how closely a small-cap fund…

  • apxadmin
  • October 21, 2026
  • Tax, Laws & Money Explained

GIFT City AIFs face disputed surcharge demands despite tax exemption

Tax notices seeking surcharge on dividend and interest income have unsettled Category III AIFs in GIFT City, with specialists attributing the demands to possible system errors. Some Category III alternative investment funds in GIFT City have received income tax notices…

  • apxadmin
  • October 21, 2026
  • Markets & Investing

PSU banks lead earnings, but investors still demand proof before closing valuation gap

State-owned lenders are delivering stronger returns and attracting fresh investor interest, but analysts say doubts over the durability of profits continue to keep them cheaper than private-sector rivals. Public-sector banks have taken the lead in India’s second-quarter earnings season, but…

  • apxadmin
  • October 21, 2026
  • Economy, Policy and Business

India’s solar surge collides with an ageing power grid at the evening peak

Rapid growth in electricity use is exposing shortages in firm generation, coal supplies and local networks, leaving India’s ageing power system struggling after sunset. India’s power system is entering a strain point: demand is rising faster than the infrastructure needed…

  • apxadmin
  • October 21, 2026
  • Personal Finance & Wealth

Why India’s fixed SIP-PPF formula is giving way to goal-based retirement planning

PPF and Sukanya Samriddhi offer stability and tax benefits, while equity SIPs provide greater growth potential. In 2026, investors are increasingly being urged to build a personalised mix based on their goals, time horizon and tolerance for risk. For anyone…

  • apxadmin
  • October 21, 2026
  • Economy, Policy and Business

India-US trade deal nears finish line but tariff uncertainty threatens its durability

Negotiators may be close to an interim agreement, but India wants guarantees that any concessions will survive future shifts in Washington’s tariff policy. For months, Indian and American officials have suggested that a trade agreement is within reach. That message…

  • apxadmin
  • October 21, 2026
  • Fintech & Digital Money

COLIBRIX ONE brings explainable AI into UK and EU merchant checks

The payments firm will use Vivox AI agents to speed up ownership, sanctions and adverse-media checks, while compliance analysts retain final approval. COLIBRIX ONE has turned to Vivox AI in a multi-year deal to speed up the checks it carries…

  • apxadmin
  • October 21, 2026
  • Personal Finance & Wealth

Banks must refund phishing victims first, CJEU rules

A European Union court has ruled that banks must generally reimburse unauthorised payments by the next business day, even where they suspect customers mishandled their credentials, leaving disputes over negligence for later. A ruling from the Court of Justice of…

  • apxadmin
  • October 21, 2026
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