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Reliance and Rolls-Royce partner on indigenous Indian combat engine amidst evolving aerospace ambitions

Reliance Industries and Rolls-Royce have announced a strategic partnership to co-develop a sovereign combat engine for India’s Advanced Medium Combat Aircraft programme, signalling a significant shift towards self-reliance in military aerospace capabilities amid ongoing regional tensions. Reliance Industries and Rolls-Royce…

  • apxadmin
  • August 17, 2026
  • Economy, Policy and Business

India’s changing monsoon patterns disrupt food supply chains and inflate household budgets

Variations in India’s monsoon rainfall, ranging from drought to heavy floods, are causing unpredictable swings in food prices, affecting everything from vegetables and milk to packaged goods and household expenses amid ongoing climate shifts. Monsoon weather can do more than…

  • apxadmin
  • August 17, 2026
  • Economy, Policy and Business

India’s finance minister unveils plans for a high-level banking committee to support Viksit Bharat

Finance Minister Nirmala Sitharaman announced that recommendations from a two-day public sector bank leaders’ gathering will inform the formation of a new high-level committee aimed at aligning India’s banking sector with accelerated economic growth under Viksit Bharat. Finance Minister Nirmala…

  • apxadmin
  • August 17, 2026
  • Personal Finance & Wealth

Car collateral for personal loans offers flexibility but carries risks

Using a car as security for a personal loan can ease borrowing conditions and potentially secure better terms, but borrowers must weigh the benefits against the risk of repossession if repayments lapse. Using a car as security for a personal…

  • apxadmin
  • August 17, 2026
  • Personal Finance & Wealth

Why seafarers should focus on purpose and discipline over recent mutual fund performance

Seafarers need a tailored approach to mutual fund investments, prioritising investment goals, strategy, and discipline over chasing recent top performers, warns industry experts. For seafarers, the first question before buying a mutual fund is not which one recently topped the…

  • apxadmin
  • August 17, 2026
  • Fintech & Digital Money

Indifly Ventures invests in cGreen to accelerate AI-driven rural loan recovery in India

Indifly Ventures-backed cGreen aims to revolutionise debt collection in India’s underserved markets with AI-powered solutions, expanding its reach across rural areas and strengthening the lender-borrower connection. Indifly Ventures has invested in cGreen, a technology-led loan resolution firm, in a move…

  • apxadmin
  • August 17, 2026
  • Tax, Laws & Money Explained

Equirus sets ambitious blueprint for India’s $20 trillion economy by 2036

Equirus Securities outlines a 20-point reform agenda and envisages India’s economy expanding to $20 trillion by 2036 through sustained growth and strategic asset monetisation, focusing on services, capital markets, and governance reforms. Equirus Securities has sketched an ambitious path for…

  • apxadmin
  • August 17, 2026
  • Economy, Policy and Business

India’s bond yields rise as RBI prematurely closes dollar deposit window, surprising markets

The Reserve Bank of India’s unexpected decision to shut its dollar deposit scheme earlier than planned has increased short-term bond yields and tightened rupee liquidity, raising questions about the country’s forex reserves and future policy stance. India’s bond market came…

  • apxadmin
  • August 17, 2026
  • Personal Finance & Wealth

India introduces flexible pension scheme for gig workers amid rapid industry adoption

India’s pension regulator launches a new flexible retirement savings model for gig workers, allowing contributions based on income fluctuations, as industry partnerships accelerate adoption of the scheme. India’s pension regulator is trying to make long-term saving easier for gig workers,…

  • apxadmin
  • August 17, 2026
  • Personal Finance & Wealth

Small finance banks continue to top India’s fixed deposit rates amid widening gap with larger lenders

Small finance banks are still offering some of the most attractive fixed deposit returns in India, with rates above 8% available in August 2026 for regular depositors, according to Business Today. The highest published rate in the article is 8.10%,…

  • apxadmin
  • August 17, 2026
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