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Indian Railways subsidises passenger journeys by over 40%, raising questions about fare affordability

Figures presented to Parliament reveal that Indian Railways provides a subsidy of approximately 43% on passenger tickets, meaning travellers pay only around 57% of the actual journey cost, amid ongoing debates about fare affordability and government support. Passengers paying ₹500…

  • apxadmin
  • August 9, 2026
  • Economy, Policy and Business

Odisha's latest investment push aims to accelerate industrial growth and job creation

Odisha has attracted Rs 66,392 crore in investment proposals during a two-day Delhi outreach, signalling a surge in its efforts to become a manufacturing and clean energy hub with new projects and job opportunities. Odisha has drawn investment proposals worth…

  • apxadmin
  • August 9, 2026
  • Economy, Policy and Business

Maruti Suzuki chairman urges India to accelerate reforms and embrace new technology for growth

RC Bhargava calls on central and state governments to fast-track reforms and leverage technology to foster private enterprise and sustainable growth, amid optimistic forecasts for India’s car market expansion and green initiatives. Maruti Suzuki India chairman RC Bhargava has called…

  • apxadmin
  • August 9, 2026
  • Economy, Policy and Business

How to evaluate a venture fund’s support beyond the first term sheet

As venture markets tighten in South Korea and Japan, founders are urged to look beyond valuation when selecting investors, focusing on fund structure, follow-on reserves, and ongoing support to build durable companies amid growing market competition. For founders, the first…

  • apxadmin
  • August 9, 2026
  • Economy, Policy and Business

India to revisit its model bilateral investment treaty amid partner concerns

India is set to review its model bilateral investment treaty after years of criticism from trading partners over restrictive terms, with the government considering reforms to encourage foreign investment and address arbitration concerns. India is moving to revisit its model…

  • apxadmin
  • August 9, 2026
  • Economy, Policy and Business

Korean startups urged to differentiate early wins from sustainable market demand in overseas expansion

Experts caution Korean founders against mistaking initial overseas customer interest for long-term market traction, emphasising the importance of repeatability and scale readiness before committing substantial resources. The first overseas customer can feel like vindication. Meetings come more easily, a local…

  • apxadmin
  • August 9, 2026
  • Fintech & Digital Money

SBI chairman highlights shared costs of UPI infrastructure amid debate on merchant charges

CS Setty, SBI chairman, emphasises that the rising costs of UPI transactions cannot be isolated due to shared infrastructure, as India’s digital payment system reaches new heights and sparks discussions on merchant charges. State Bank of India chairman CS Setty…

  • apxadmin
  • August 9, 2026
  • Markets & Investing

US sanctions bill sparks fears over Indian reliance on Russian crude amid potential market disruption

A US Senate move to impose tariffs on Russian energy exports raises concerns about India’s growing dependence on Russian crude amid tightening global supplies and geopolitical tensions. A US Senate vote to advance tougher sanctions on Russia has revived concern…

  • apxadmin
  • August 9, 2026
  • Markets & Investing

Premiumisation drives growth amid cost pressures in India’s spirits and beer sector

India’s spirits and beer companies are increasingly focusing on premium brands to sustain growth, with Radico Khaitan and United Spirits leading the charge despite rising input costs and supply chain disruptions. Premiumisation remained the main engine of growth for India’s…

  • apxadmin
  • August 9, 2026
  • Markets & Investing

Gold and silver in India stabilise near record highs amid global rally and cautious outlook

Gold and silver prices in India remain steady on Sunday, with both metals close to their record highs following a week of sharp gains driven by global rally and geopolitical factors. Market watchers advise caution as traders await the week’s…

  • apxadmin
  • August 9, 2026
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