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Indian stock market stays cautious as defence shares attract investor attention

The Nifty 50 trades near 24,366 with a key support zone at 24,000, amid global uncertainties, while defence sector stocks like Hindustan Aeronautics and Mazagon Dock garner interest on long-term visibility despite inherent risks. The Indian stock market is moving…

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

Short bank holiday spell in India highlights regional observance impacts in August 2026

Most Indian bank branches will operate normally during August 17 to 23, 2026, despite a brief few days of closures due to regional and national festivals, with digital banking remaining accessible throughout. Banks in India are set for a short…

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

India’s public provident fund allows early withdrawals under new restrictive rules

Recent adjustments to the Public Provident Fund rules in India clarify limited early access and premature closure options, potentially impacting long-term savers seeking flexibility. The Public Provident Fund remains one of India’s best-known government-backed savings schemes because it combines long-term…

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

Smart use of credit cards can turn debt into a financial advantage

Proper management of credit cards, focusing on responsible spending and timely repayments, can transform them from potential debt traps into valuable financial tools. Credit cards can be either a useful payment tool or an expensive borrowing trap, depending on how…

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

South Africa tightens oversight of small tech mergers to counter fast-growing acquisitions

The South African Competition Commission has proposed draft amendments to strengthen scrutiny of small mergers in the technology sector, aligning with international trends to regulate fast-growing digital acquisitions before they reach traditional thresholds. South Africa’s Competition Commission has moved to…

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

Kenya proposes strict limits on infrastructure fund investments to prevent overexposure

Kenya’s draft National Infrastructure Fund rules introduce a 20% cap on individual project investments and sector-level limits to diversify funding and minimise risk, aiming to optimise public and private capital for major development projects. Kenya’s proposed National Infrastructure Fund would…

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

India aims to elevate its global sports profile with Olympic bid and youth employment scheme

Prime Minister Narendra Modi highlighted India’s ambitions to host the 2036 Olympics, expand its sporting ecosystem, and launch a ₹1 lakh-crore jobs programme for youth during his Independence Day speech, signalling a strategic push towards economic and global sporting prominence.…

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

India accelerates digital and energy ambitions with ambitious youth training and industrial targets

Prime Minister Narendra Modi pledges to train 10 million young Indians in AI skills and outline’s India’s latest plans for energy security and industrial development, signalling a new phase of growth and social reform. Prime Minister Narendra Modi has pledged…

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

Asia's startup fundraising faces uneven trajectory amid China’s megadeal surge

Startup investment across Asia revealed a mixed picture in July, with notable growth in Greater China driven by mega-deals and a sharp slowdown in Southeast Asia and India, signalling divergence in regional market dynamics. Startup fundraising across Asia showed a…

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

Vals AI secures $40 million to revolutionise AI benchmarking amid rapid industry growth

Vals AI has raised $40 million in a Series A round at a $400 million valuation, aiming to create a neutral, independent testing layer to accurately assess rapidly advancing AI models, expanding its influence across industry and government sectors. Vals…

  • apxadmin
  • August 16, 2026
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