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India’s RDI scheme faces scrutiny over conflicts of interest amid early funding disbursements

India’s ₹1 lakh crore RDI fund, launched to boost high-tech industries, is under investigation for potential conflicts of interest after revealing that a significant portion of initial funding recipients have links to decision-makers, raising questions about the integrity of the…

  • apxadmin
  • August 7, 2026
  • Economy, Policy and Business

India accelerates state asset sell-down to meet fiscal pressures amid subdued markets

India’s government has accelerated its drive to sell stakes in state-owned companies, raising over ₹620 billion this year to bolster revenue and address growing fiscal pressures, despite challenging market conditions. India’s drive to sell down stakes in state-owned companies has…

  • apxadmin
  • August 7, 2026
  • Economy, Policy and Business

India considers overhaul of decade-old model bilateral investment treaty to attract more foreign capital

The Indian government is mulling a comprehensive revision of its decade-old model bilateral investment treaty, aiming to create a more balanced and investor-friendly framework amidst increasing foreign investment and evolving economic priorities. India is close to overhauling its decade-old model…

  • apxadmin
  • August 7, 2026
  • Economy, Policy and Business

India’s IPO pipeline heats up with approvals for Rediff and PlaySimple amid broader market expansion

India’s markets regulator has approved the public listings of Rediff and PlaySimple, signalling renewed momentum in the country’s bustling IPO landscape as sector diversification accelerates. India’s markets regulator has cleared the way for the public listings of Rediff and PlaySimple,…

  • apxadmin
  • August 7, 2026
  • Economy, Policy and Business

Lok Sabha approves amendments to expedite MSME payments and strengthen dispute resolution

The Lok Sabha has approved the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026, introducing stricter deadlines and safeguards to improve cash flow and dispute handling for small firms, with ongoing opposition protests. The Lok Sabha has cleared the…

  • apxadmin
  • August 7, 2026
  • Economy, Policy and Business

India aims to formalise digital gold with new regulatory framework to enhance transparency and investor protection

India plans to introduce a formal regulatory framework for digital gold by next year, seeking to improve transparency, safeguard consumers, and standardise platform operations amid rapid growth in digital gold investments among young investors. India is preparing to bring digital…

  • apxadmin
  • August 7, 2026
  • Economy, Policy and Business

India’s electric vehicle push promises millions of new jobs but faces a skills gap challenge

India aims to create tens of millions of jobs through its expanding EV sector by 2030, but faces a significant skills shortage that requires large-scale upskilling and infrastructure investments to sustain this growth. India’s shift to electric vehicles is increasingly…

  • apxadmin
  • August 7, 2026
  • Personal Finance & Wealth

Elderly woman in Mysuru loses over Rs 31 lakh in government impersonation scam using AI deception

A 68-year-old woman from Mysuru fell victim to a sophisticated scam where fraudsters, posing as government officials and using AI-generated voices, duped her into transferring Rs 31.10 lakh, highlighting the growing threat of AI-facilitated cyber frauds. A 68-year-old woman in…

  • apxadmin
  • August 7, 2026
  • Personal Finance & Wealth

Wealth management firms face new challenges in training amid AI-driven automation

As AI begins automating routine tasks in wealth management, firms grapple with redefining training pathways for junior advisers to balance technological efficiency with essential human skills. Wealth management firms have spent years perfecting the first 90 days for junior advisers:…

  • apxadmin
  • August 7, 2026
  • Tax, Laws & Money Explained

RBI proposes restrictions on NBFCs' revolving credit to strengthen oversight and stability

The Reserve Bank of India has outlined new draft rules aiming to curb revolving credit for non-banking financial companies, seeking to enhance supervision, protect borrowers, and align with bank regulation standards amid broader sector tightening measures. The Reserve Bank of…

  • apxadmin
  • August 7, 2026
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