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Greenpanel Reports earnings resilience amid rising costs and demand shifts in Q1 FY27

Greenpanel Industries navigated a complex first quarter, balancing increased input costs and demand volatility while expanding domestic MDF volumes and sharpening its retail focus despite market challenges. Greenpanel Industries said in a transcript of its first-quarter FY27 earnings call that…

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

India’s Independence Day speech signals accelerated push for manufacturing and social cohesion

Prime Minister Narendra Modi outlined a comprehensive seven-part reform agenda during his Independence Day address from the Red Fort, emphasising manufacturing, social cohesion, and India’s growing global capabilities to foster deeper economic change ahead of 2047. India’s prime minister used…

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

India reverses fuel export duty hike with significant cuts amid global price shifts

The Indian government has rolled back recent increases in export duties on petrol, diesel, and aviation turbine fuel, cutting levies in a move to align with fluctuating global oil prices and stabilize domestic markets. India’s government has lowered export duties…

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

Modi’s Independence Day speech signals a new phase of India’s global and youth-driven development

Prime Minister Narendra Modi outlines a transformative vision for India’s 2047 milestone, emphasising youth empowerment, structural reforms, and strategic autonomy in his Independence Day address. Prime Minister Narendra Modi used his Independence Day address to recast India’s development story around…

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

India reassures UPI users as debate over transaction fees persists

The Indian government has clarified that no charges will be imposed on ordinary UPI users, amid ongoing discussions about funding the system sustainably and potential merchant discount rates on high-value transactions. The Indian government has moved to calm growing anxiety…

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

India aims to train one crore young people in AI as part of a broader industrial and technological resurgence

Prime Minister Narendra Modi announces a comprehensive strategy to embed AI across India’s industry, infrastructure, and talent pools, with a target to train one crore youth in AI skills within a year amid ambitious investments in chips, compute, and data…

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

Modi unveils Sapta Dhara to accelerate India’s journey towards a developed economy

Prime Minister Narendra Modi has outlined his ambitious ‘Sapta Dhara’ initiative during Independence Day, aiming to unite seven key Streams, manufacturing, agriculture, technology, infrastructure, defence, green and blue economies, and propel India towards becoming a developed, self-reliant nation within the…

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

RBI accelerates closure of FCNR(B) swap scheme amid surge in foreign currency deposits

The Reserve Bank of India has announced an earlier closure for its special FCNR(B) swap window, driven by unexpected demand from overseas Indians and banks, signalling a shift in India’s foreign currency funding strategy. The Reserve Bank of India has…

  • apxadmin
  • August 15, 2026
  • Tax, Laws & Money Explained

RBI accelerates foreign currency deposit scheme closure amid surging inflows

The Reserve Bank of India has brought forward the deadline for its special foreign-currency deposit scheme, driven by faster-than-expected inflows, signalling a shift in foreign exchange management strategies. The Reserve Bank of India has brought forward the cut-off for its…

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

Nationwide warns customers about new phishing scam mimicking direct debit notifications

Nationwide has issued a warning to its customers about a sophisticated phishing email pretending to be an official bank message, aiming to steal banking details through fake links and impersonation tactics. Nationwide customers are being warned about a fresh phishing…

  • apxadmin
  • August 15, 2026
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