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Torrent Pharmaceuticals considers re-entering drug discovery amid scale-up for high-risk research

Torrent Pharmaceuticals is reevaluating its hiatus from drug research as it reaches a size capable of absorbing the risks associated with long-term pharmaceutical innovation, signalling a strategic shift in Indian pharma giants towards innovation-led growth. Torrent Pharmaceuticals is reconsidering its…

  • apxadmin
  • August 22, 2026
  • Markets & Investing

India’s mutual fund industry hits new peak as equities attract record assets and investor flows surge

India’s mutual fund industry continued its upward trajectory in July, with equity schemes reaching a historic ₹48.5 lakh crore amid growing investor confidence in stock-linked products despite market volatility. India’s mutual fund industry continued to tilt more heavily towards equities…

  • apxadmin
  • August 22, 2026
  • Tax, Laws & Money Explained

India introduces mandatory daily case register for medical practitioners to improve income transparency

New regulations in India require medical professionals with higher income levels to maintain detailed daily records under Form 25, aiming to curb revenue leakage and bolster income transparency while affecting a select group of practitioners. Medical practitioners in India will…

  • apxadmin
  • August 22, 2026
  • Personal Finance & Wealth

New legal safeguards reveal hidden risks in property purchases

Buyers must verify ownership, debts, and approvals to avoid costly mistakes amid evolving legal requirements in property transactions. Buying a home is one of the biggest financial commitments most people make, which is why a quick decision can be a…

  • apxadmin
  • August 22, 2026
  • Personal Finance & Wealth

Rise of AI-generated job scams dupes remote workers with fake offers

Fraudsters are increasingly using AI-generated fake job offers as bait in online recruitment scams targeting remote workers, with authorities warning of sophisticated tactics including impersonation and extortion through messaging apps. Fake AI job offers are increasingly being used as bait…

  • apxadmin
  • August 22, 2026
  • Markets & Investing

SEBI overhauls disclosure rules to enhance transparency and investor protection

India’s markets regulator is revamping how companies disclose the use of funds from public issues, aiming to improve reporting speed and clarity, according to SEBI chairman Tuhin Kanta Pandey, in a move to boost transparency and market efficiency. India’s markets…

  • apxadmin
  • August 22, 2026
  • Economy, Policy and Business

India boosts startup growth with new partnerships with PhonePe and Shell India

The Indian government has signed agreements with PhonePe and Shell India to enhance support for startups, offering technology access, mentorship, and industry networks to accelerate innovation in the country. India’s Department for Promotion of Industry and Internal Trade has signed…

  • apxadmin
  • August 22, 2026
  • Personal Finance & Wealth

New insights suggest family needs and inflation are key to optimal term life insurance coverage

Experts recommend a personalised approach to calculating term life insurance, emphasising family obligations, future expenses, and regular reviews to ensure adequate protection in a changing economic landscape. A simple rule of thumb can help people make a first pass at…

  • apxadmin
  • August 22, 2026
  • Markets & Investing

Welspun's record order book boosts visibility amid steady growth, APL Apollo targets higher ROCE

Welspun Corp boasts a record order book and long-term export demand, offering stronger visibility for investors, while APL Apollo focuses on capital efficiency and domestic expansion, with potential for higher returns. Welspun Corp and APL Apollo Tubes have both delivered…

  • apxadmin
  • August 22, 2026
  • Tax, Laws & Money Explained

Indian PPF accounts face automatic closure and lower interest rates on citizenship renunciation

Rules change sharply for Indian savers who give up Indian citizenship, with accounts deemed closed retroactively and interest rates falling from PPF to Post Office Savings Account levels, impacting long-term investors’ benefits. An Indian saver who later becomes a non-resident…

  • apxadmin
  • August 22, 2026
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