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Reliance and Rolls-Royce partner to develop indigenous engine for India’s AMCA fighter

Reliance Industries and Rolls-Royce are collaborating on an indigenous combat engine to enhance India’s military aerospace self-reliance, focusing on the advanced medium combat aircraft programme and the country’s push for local defence manufacturing. Reliance Industries and Rolls-Royce have agreed to…

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

Odisha accelerates semiconductor and renewable energy investments with new policy reforms

Odisha unveils a fresh set of reforms to boost investments in advanced electronics and green energy sectors, aiming to position itself as a leading hub for high-tech manufacturing and clean power development. Odisha is preparing a fresh round of industrial…

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

Reliance and Rolls-Royce unveil plans for an indigenous aerospace engine complex in India

Reliance Industries and Rolls-Royce have announced a potential partnership to develop a comprehensive aero-engine facility in India, aiming to boost the country’s strategic autonomy and support the development of engines for the Advanced Medium Combat Aircraft programme. Reliance Industries and…

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

Arvind Ltd explores asset-light expansion as denim demand hits 16-quarter high

Arvind Ltd is considering leased and asset-light strategies to boost denim capacity following a surge in demand, with fabric output reaching its highest in 16 quarters and plans to expand global design hubs, emphasising sustainability and fast customer service. Arvind…

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

RBI’s new forex deposit scheme sparks surge in Indian dollar deposits amid modest rupee impact

India’s central bank has revived a scheme to attract non-resident Indian dollar deposits, potentially bringing in up to $100 billion, with banks offering higher yields and the rupee remaining relatively stable amidst global tensions. India’s central bank is expected to…

  • apxadmin
  • August 15, 2026
  • Markets & Investing

Indian listed companies see sharp revenue acceleration driven by sector-specific demand and strategic focuses

A look at recent financial results of Indian listed firms reveals how coordinated sector demand and targeted business strategies are boosting revenue and profitability, capturing market attention amidst India’s economic push. A fresh look at a group of listed Indian…

  • apxadmin
  • August 15, 2026
  • Markets & Investing

Cochin Shipyard’s earnings growth hampered by rising costs despite revenue boost

Cochin Shipyard reports a 19.4% decline in net profit for Q1 June 2026, as rising costs overshadow revenue growth and margin compression signals ongoing sector challenges. Cochin Shipyard has reported a weaker first quarter, with consolidated net profit falling 19.4%…

  • apxadmin
  • August 15, 2026
  • Markets & Investing

RBI ends foreign currency swap scheme early amid surging inflows

The Reserve Bank of India has prematurely closed its concessional swap window for foreign currency non-resident deposits after banks amassed over $52.3 billion, boosting reserves and prompting a policy shift. The Reserve Bank of India has moved to shut its…

  • apxadmin
  • August 15, 2026
  • Markets & Investing

Kalpataru Projects targets Rs 30,000 crore orders with new wins boosting FY27 outlook

Kalpataru Projects International Ltd surged after securing Rs 3,526 crore in new orders, boosting its FY27 revenue target and strengthening its presence in transmission, distribution, and building projects globally. Kalpataru Projects International Ltd rose to an intraday high of Rs…

  • apxadmin
  • August 15, 2026
  • Markets & Investing

Investors face choice between AIM stock picking and diversification for August recovery

With AIM’s thin analyst coverage and liquidity issues, investors must decide whether to pursue individual stock picking or opt for diversified funds, balancing potential rewards against risks and resource commitments. For investors looking at AIM in August, the central question…

  • apxadmin
  • August 15, 2026
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