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India seeks to centralise mineral rights taxation amid legal and political contestation

India’s government aims to tighten control over mineral tax powers through new legislation, challenging state autonomy following a Supreme Court ruling that affirms regional taxation rights over mineral land. India’s federal government is moving to rein in state powers over…

  • apxadmin
  • August 11, 2026
  • Economy, Policy and Business

Brookfield India Reit and NCW fund acquire strategic office space in Mumbai’s BKC

Brookfield India Real Estate Trust and Prime Offices Fund have teamed up to purchase 264,000 square feet of Grade-A office space in Mumbai’s Bandra-Kurla Complex for ₹1,700 crore, signalling continued investor confidence in premium commercial properties amid rising demand and…

  • apxadmin
  • August 11, 2026
  • Personal Finance & Wealth

Kerala’s pension overhaul sparks political clash over reaching vulnerable seniors

Kerala’s government faces mounting political opposition as it shifts from doorstep pension delivery to Aadhaar-linked bank transfers, igniting debate over the best way to serve its elderly residents amid corruption concerns and fiscal challenges. Kerala’s government is facing a fresh…

  • apxadmin
  • August 11, 2026
  • Personal Finance & Wealth

PM Awas Yojana eligibility now depends on income, ownership, and loan conditions

Eligibility for the PM Awas Yojana hinges on income, ownership status, and specific scheme rules, with interest relief-based subsidies aiming to make homeownership more affordable for targeted groups. PM Awas Yojana can cut the cost of buying a home, but…

  • apxadmin
  • August 11, 2026
  • Personal Finance & Wealth

Refinancing credit card debt: smarter strategies for managing rising interest burdens

As household credit card balances remain high, refinancing options such as balance transfer cards and personal loans offer potential relief, but success depends on disciplined repayment strategies and understanding the true costs involved. Credit card debt can feel stubborn because…

  • apxadmin
  • August 11, 2026
  • Tax, Laws & Money Explained

Tarun Chugh remains India’s highest-paid life insurance CEO as industry shifts focus to service quality

Tarun Chugh, CEO of Bajaj Life Insurance, leads as India’s top-paid life insurer executive in FY26 amid increasing regulatory scrutiny and a sector-wide shift towards performance metrics emphasising customer experience and service quality. Tarun Chugh remained the best-paid chief executive…

  • apxadmin
  • August 11, 2026
  • Tax, Laws & Money Explained

Equitas Small Finance Bank aims to nearly triple its loan book and considers universal banking license within a year

Equitas Small Finance Bank plans to increase advances from ₹45,000 crore to ₹1.2 trillion over five years, with management considering a potential move to universal banking, subject to regulatory approval and strategic readiness. Equitas Small Finance Bank is aiming to…

  • apxadmin
  • August 11, 2026
  • Markets & Investing

India's renewed semiconductor push targets full ecosystem as global firms gravitate towards domestic capacity

India is launching Semicon 2.0, a comprehensive ₹1.275 trillion initiative aimed at establishing a full semiconductor supply chain domestically, attracting global companies and reducing reliance on China. India is preparing a second, broader push into semiconductors, with the government backing…

  • apxadmin
  • August 11, 2026
  • Markets & Investing

Info Edge outlines AI-driven growth strategy amid mixed economic signals in Q1 FY27

During its first-quarter FY27 earnings call, Info Edge India detailed plans to accelerate growth through AI-enhanced recruitment tools, while navigating economic challenges and focusing on boosting engagement across its core platforms like Naukri and PremiumX. Info Edge India Limited held…

  • apxadmin
  • August 11, 2026
  • Markets & Investing

Tax changes accelerate shift from government securities to bank CDs in Indian debt funds

Bank certificates of deposit have surpassed government securities as the largest component in Indian debt mutual fund portfolios, driven by recent tax reforms that have reshaped investor preferences and fund management strategies. Bank certificates of deposit have overtaken government securities…

  • apxadmin
  • August 11, 2026
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