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India accelerates mineral independence with sweeping mining law reform

India’s parliament approves a major amendment to its mining laws aimed at boosting domestic mineral production, stabilising policies, and reducing dependence on imports amid broader reforms for energy security and industrial growth. India’s parliament has passed a sweeping amendment to…

  • apxadmin
  • August 16, 2026
  • Economy, Policy and Business

El Niño and oil market volatility threaten to keep India's wholesale inflation elevated

India’s wholesale inflation is expected to remain high in the near term amid volatile oil prices, rising shipping and insurance costs, and the potential impacts of El Niño on food prices, according to economists. Disruptions in key shipping routes and…

  • apxadmin
  • August 16, 2026
  • Markets & Investing

India’s plan to cut Russian crude imports could lead to costly energy and economic ripple effects

A potential 50% reduction in Indian imports of Russian crude could increase oil bills by up to $10 billion annually, risking inflation and external account strain amid ongoing diversification in supplies and geopolitical tensions. India could face a heavier oil…

  • apxadmin
  • August 16, 2026
  • Markets & Investing

Gold remains near high as US data and market tensions create cautious optimism

Gold prices hold near elevated levels in Asian markets amid US consumer data support and ongoing geopolitical tensions, with analysts divided on future momentum amid fluctuating global factors. Gold held near elevated levels in Asian trading on Sunday, with the…

  • apxadmin
  • August 16, 2026
  • Tax, Laws & Money Explained

Delhi High Court rules advocates must separately register for GST when acting as insolvency professionals

The Delhi High Court has clarified that advocates serving as insolvency professionals are required to obtain separate GST registration, delineating their legal and insolvency roles with distinct tax treatments. The Delhi High Court has held that advocates who also act…

  • apxadmin
  • August 16, 2026
  • Personal Finance & Wealth

UAE warns of polished online scam networks exploiting social media for unauthorised trading

Authorities and experts in Dubai warn residents against sophisticated unlicensed online trading schemes circulating on social media, which have already caused significant financial losses and use advanced digital tactics to deceive victims. Dubai authorities and legal, cybersecurity and psychological specialists…

  • apxadmin
  • August 16, 2026
  • Personal Finance & Wealth

India's UPI fee proposal risks widening industry gaps amid growing transaction scale

Proposed merchant fee on UPI payments could benefit firms with strong merchant ties and higher-value transactions, signalling a potential shift in India’s digital payments landscape amid ongoing policy debates. A possible merchant fee on UPI payments would not affect payment…

  • apxadmin
  • August 16, 2026
  • Personal Finance & Wealth

Indian banks to close for three days in August, affecting branch services but not digital transactions

Banks across India will observe three closure days between August 17 and August 23, primarily affecting branch operations. Customers are advised to plan accordingly, though digital banking services will remain available throughout the period. Banks across India are set for…

  • apxadmin
  • August 16, 2026
  • Economy, Policy and Business

Tunisia’s economic growth accelerates in Q2 driven by agriculture and domestic demand, but trade imbalance persists

Tunisia’s GDP grew by 2.3% in the second quarter of 2026, led by strong performance in agriculture and domestic demand, despite ongoing trade deficits, according to preliminary national accounts. Tunisia’s economy expanded by 2.3% in the second quarter of 2026…

  • apxadmin
  • August 16, 2026
  • Economy, Policy and Business

ORIX turns focus to India as vehicle leasing market edges towards a breakout

Japanese mobility giant ORIX Corporation aims to double its Indian vehicle fleet amid optimistic growth forecasts and rising mobility trends, marking India as a key strategic market outside Japan. ORIX Corporation is betting on India as one of its two…

  • apxadmin
  • August 16, 2026
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