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India’s logistics data bank hits 10 crore container milestone with new multimodal tracking features

India’s Logistics Data Bank has surpassed 10 crore export-import containers tracked since 2016, signalling a significant leap in digitalisation and multimodal visibility in the country’s logistics sector. India’s Logistics Data Bank has crossed a major operational threshold, tracking 10 crore…

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

India shifts away from sunflower oil as Ukraine’s export bottlenecks impact market

India’s edible oil imports peaked in July amid shifting preferences from sunflower to palm and soybean oils, driven by Ukraine’s export challenges and domestic market dynamics, signalling a significant change in global oil trade patterns. India’s appetite for edible oil…

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

India’s evolving free-trade approach boosts exports and market access in 2025-26

India’s free-trade strategy has shifted from signing agreements to leveraging them more effectively, resulting in a record $863.1 billion in exports and expanding market access to nearly $60 trillion in 2025-26. India’s free-trade strategy is beginning to show up in…

  • apxadmin
  • August 18, 2026
  • Tax, Laws & Money Explained

India’s senior Citizens’ Savings Scheme offers a steady, low-risk income for retirees amid evolving pension needs

India’s government-backed SCSS provides retirees with a predictable income stream at 8.2% interest, offering stability and tax benefits for long-term retirement planning. For many retirees, the central challenge is not accumulating savings but turning them into a dependable income stream.…

  • apxadmin
  • August 18, 2026
  • Tax, Laws & Money Explained

Government warns taxpayers about new phishing scam mimicking income tax notices

The Press Information Bureau warns taxpayers to remain vigilant against a rising phishing attempt demanding Rs 6,000, emphasizing the importance of verifying notices through official channels to avoid falling victim to fraudsters mimicking the Income Tax Department’s communications. The Press…

  • apxadmin
  • August 18, 2026
  • Tax, Laws & Money Explained

EPFO claims process faces opacity and delays amid digitisation efforts

Members struggle with opaque rejection messages and delays in claiming their provident fund savings, highlighting the challenges of digitalisation in social security systems. EPFO members are increasingly describing a familiar but dispiriting pattern: provident fund claims that appear to stall…

  • apxadmin
  • August 18, 2026
  • Tax, Laws & Money Explained

Seafarers advised to prioritise security when starting mutual fund investments amid digital risks

Seafarers looking to invest in mutual funds are advised to stick to recognised online platforms and avoid sharing sensitive information over insecure messaging apps, with guidance highlighting the importance of security and choosing suitable plans for remote management. For seafarers…

  • apxadmin
  • August 18, 2026
  • Tax, Laws & Money Explained

Delhi tribunal rules cash deposits made on behalf of buyers are not taxable income

A Delhi tax tribunal has clarified that cash deposits into a property dealer’s account, made on behalf of buyers, are not considered taxable income, highlighting the importance of evidence and proper documentation in property-related financial transactions. A Delhi tax tribunal…

  • apxadmin
  • August 18, 2026
  • Markets & Investing

Spr Auto Technologies hits new high as Rs 1,000 crore QIP plans boost investor interest

Spr Auto Technologies reaches a 52-week peak following the announcement of a qualified institutional placement to raise Rs 1,000 crore, amid signs of strong financial growth and strategic expansion. SPR Auto Technologies climbed to a fresh 52-week high on Tuesday…

  • apxadmin
  • August 18, 2026
  • Markets & Investing

Indian gold prices continue upward surge amid global and domestic influences

Gold prices across India have extended their recent rally, influenced by global market signals, domestic demand, and geopolitical tensions, with benchmark rates reaching new highs in key purities. Gold prices in India extended their recent climb on Tuesday, with benchmark…

  • apxadmin
  • August 18, 2026
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