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Mutual funds deepen bets on pharma and small caps amid market resilience in July

In July, mutual funds increased holdings in small and mid-cap stocks, with Biocon and PB Fintech leading the charge, as the healthcare sector outperformed broader markets amid sustained growth and investor interest in defensive sectors. Mutual funds increased their exposure…

  • apxadmin
  • August 17, 2026
  • Economy, Policy and Business

Modi’s Independence Day speech shifts focus to youth and self-reliant India’s future

Prime Minister Narendra Modi unveiled a comprehensive 2047 vision for India during his Independence Day address, emphasising youth-led growth, reforms, and strategic initiatives to accelerate the nation’s development towards becoming a developed country. Prime Minister Narendra Modi used his Independence…

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

Tamil Nadu's 100 days: investment surge and social balance amid fiscal challenges

Tamil Nadu marks its first 100 days under the new government with a record-breaking investment pipeline and social reforms, but faces ongoing fiscal pressures as it strives for long-term economic growth. Tamil Nadu’s new government is trying to turn its…

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

Foreign outflows deepen lag for large-cap shares as mid- and small-cap funds attract inflows

Large-cap shares underperform amid persistent foreign selling and a shift in domestic investor preferences towards small and mid-cap stocks, supported by stronger earnings and sectoral opportunities, according to Ramesh Mantri. Large-cap shares have lagged the wider market because foreign investors…

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

India’s job subsidy scheme falls short of first-year target, creating only a third of expected jobs

India’s flagship jobs subsidy programme has placed 6.25 million in their first formal roles, achieving just a third of its ambitious target amid cautious hiring and sluggish labour market conditions. India’s flagship jobs subsidy scheme has reached only about a…

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

India’s manufacturing sector accelerates with strategic focus on defence, shipbuilding and electronics boosting economic rise

India marks 80 years since independence with a booming manufacturing sector, driven by strategic investments in defence, maritime, electronics and pharmaceuticals, aiming to make up 25% of GDP by 2035. India’s manufacturing story has become one of the clearest markers…

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

India’s Viksit Bharat 2047 ambition requires more than rapid economic growth to be credible

Former diplomat Mohan Kumar emphasises that India must expand to at least $10 trillion by 2047 through inclusive growth, structural reforms, and a focus on productivity to truly realise its Viksit Bharat vision. India will need far more than fast…

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

IIM Bangalore’s incubator expands focus to AI and sustainability with ambitious growth plans

The Indian Institute of Management Bangalore’s entrepreneurship arm, NSRCEL, aims to support over one million entrepreneurs through AI-enabled, future-ready initiatives while expanding its reach into sustainability and global partnerships, building on a track record of over 3,000 startups and $7…

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

West Bengal’s government aims to revitalise industrial growth through land reforms and investment incentives

The new BJP-led government in West Bengal marks its first 100 days with a series of measures to improve the state’s business climate, including land reforms, investment incentives, and plans to resolve longstanding disputes, setting the stage for a potential…

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

India’s July surge in Russian crude imports signals strategic shift amid shipping disruptions

India’s imports of Russian crude hit a record high in July, leveraging discounted barrels to counter geopolitical shipping challenges and embedding Moscow deeper into its refining system amid global tensions. India’s appetite for Russian crude kept climbing in July, with…

  • apxadmin
  • August 16, 2026
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