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SEBI eases digital KYC for overseas investors, removing long-standing hurdle

India’s markets regulator SEBI has proposed new measures enabling non-resident Indians and foreign nationals to complete digital know-your-customer checks remotely, streamlining access to Indian investment accounts and modernising onboarding procedures. India’s markets regulator is moving to make life easier for…

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

BRICS explores connecting instant payment networks and digital currencies to slash cross-border costs

BRICS nations are considering a unified payment infrastructure linking member states’ digital currencies and instant payment systems, aiming to lower costs and accelerate cross-border transactions amid growing geopolitical and financial ambitions. BRICS is weighing a plan to connect member states’…

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

India reduces windfall taxes on fuel exports amid volatile oil prices

India has announced cuts to windfall taxes on diesel, petrol, and aviation turbine fuel, easing levies as the government responds to shifting global oil market conditions and aims to support exporters. India has cut windfall taxes on fuel exports, easing…

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

India’s pharmaceutical sector eyes top global ranks with ambitious target set by Modi

Prime Minister Narendra Modi has challenged India’s drugmakers to break into the world’s top five pharmaceutical groups, signalling an aggressive push to elevate the nation’s position in the global industry amid ongoing sector expansion. Prime Minister Narendra Modi has set…

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

India’s central bank advocates responsible use of AI to expand credit reach

The Reserve Bank of India urges lenders to harness AI for inclusive credit access, balancing innovation with oversight to ensure responsible deployment within the financial sector. India’s central bank is pushing lenders to treat artificial intelligence as a practical tool…

  • apxadmin
  • August 15, 2026
  • Economy, Policy and Business

India’s engineering services exports surge eightfold amid calls for regulatory overhaul

India’s engineering services exports have expanded nearly eightfold over the past decade, reaching $13.77 billion in 2024-25. The growth highlights the sector’s increasing role in trade, yet highlights the need for a formal regulatory framework to support skilled employment and…

  • apxadmin
  • August 15, 2026
  • Economy, Policy and Business

India accelerates semiconductor manufacturing aimed at integrating into global value chains

India’s ambitious push to develop its semiconductor sector aims to move deeper into global value chains, reduce reliance on imports, and position the country as a trusted exporter in high-tech industries, with major projects and policy shifts signalling a new…

  • apxadmin
  • August 15, 2026
  • Markets & Investing

Zypp Electric narrows losses ahead of $200 million IPO amid fleet expansion and cost cuts

Zypp Electric significantly reduced its FY26 losses as it prepares for a major IPO, expanding its fleet and cutting costs amid growing revenue from last-mile delivery and electric scooter rentals. Zypp Electric has sharply reduced its annual losses as the…

  • apxadmin
  • August 15, 2026
  • Personal Finance & Wealth

Hyderabad scammer used fake documents to cheat property owners out of ₹10 crore

A 34-year-old man from Kondapur has been arrested for orchestrating a loan-for-property scam, deceiving over 30 property owners and embezzling approximately ₹10 crore through illegal transfer of properties and forged documents. Police in Hyderabad have arrested a 34-year-old man accused…

  • apxadmin
  • August 15, 2026
  • Economy, Policy and Business

India’s 2047 goal hinges on deep reforms and inclusive growth to reach developed nation status

India aims to transform into a developed economy by 2047, but progress depends on reform, innovation, and ensuring inclusive benefits for its vast population, as experts emphasise the need for scaling up education, healthcare, and sustainability efforts. India’s ambition to…

  • apxadmin
  • August 15, 2026
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