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Accel closes ninth India fund early to capitalise on AI opportunities amid rising competition

Accel has swiftly closed its ninth India-focused fund at $550 million, positioning itself ahead of the AI investment wave and amid intensifying global interest in Indian startups. Accel has closed its ninth India-focused fund at $550 million, completing the raise…

  • apxadmin
  • August 13, 2026
  • Economy, Policy and Business

India’s Securities and Exchange Board proposes colour-coded credit risk indicator for bonds

India’s markets regulator, Sebi, has announced a plan to introduce a mandatory colour-coded ‘Credit Risk-o-Meter’ for debt securities, aiming to enhance transparency and help investors better assess default risks before bond investments. India’s markets regulator has proposed a mandatory colour-coded…

  • apxadmin
  • August 13, 2026
  • Economy, Policy and Business

Tamil Nadu accelerates industrial growth with $1.58 billion overseas investments and record agreements

Tamil Nadu has signed agreements worth 150.5 billion rupees with 16 overseas investors, including Saint-Gobain and Super Micro, as part of its strategy to bolster its position as a leading manufacturing hub amid new government initiatives and record-breaking deal numbers.…

  • apxadmin
  • August 13, 2026
  • Economy, Policy and Business

Rupee's volatility sinks to five-month low as RBI intervention stabilises currency amid oil and trade pressures

The Indian rupee experienced a modest decline on Thursday, with dollar demand linked to derivatives and debt payments overshadowing RBI’s stabilising efforts. Volatility expectations dropped to a five-month low as market speculation remained subdued in the face of persistent external…

  • apxadmin
  • August 13, 2026
  • Economy, Policy and Business

Indian bond prices rise as oil prices decline and US rate hike expectations fade

Indian government bond prices strengthened on Thursday amid falling crude oil prices and subdued expectations of US interest rate hikes, supported by improved risk appetite and stable domestic inflation, with traders eyeing upcoming debt auctions. Indian government bond prices firmed…

  • apxadmin
  • August 13, 2026
  • Economy, Policy and Business

Centricity secures Rs 280 crore in Series A to deepen tech and expand global private wealth services

Centricity, a tech-driven wealth management firm, raises Rs 280 crore in a Series A funding round led by SMBC Asia Rising Fund to accelerate its technological development and expand its reach in India and overseas markets. Centricity, a technology-led wealth…

  • apxadmin
  • August 13, 2026
  • Economy, Policy and Business

China extends anti-dumping duties on Indian optical fibre amid global trade tensions

China will maintain anti-dumping duties on Indian single-mode optical fibre for another five years, citing risks of dumping and safeguarding its domestic industry amid rising global trade disputes in the sector. China will keep anti-dumping duties on single-mode optical fibre…

  • apxadmin
  • August 13, 2026
  • Personal Finance & Wealth

Smart negotiation strategies reveal hidden costs in Navi Mumbai property deals

Buyers in Navi Mumbai need to look beyond sticker prices and scrutinise full cost sheets, including add-ons and legalities, to secure a genuinely competitive deal amid diverse market options. Buying a home in Navi Mumbai is rarely just about the…

  • apxadmin
  • August 13, 2026
  • Personal Finance & Wealth

Omani case highlights the hidden risks of casual SIM card sharing

A recent incident in Oman underscores how simple acts like lending a SIM card can lead to severe legal, financial, and personal consequences, highlighting the importance of safeguarding digital identities. A recent case in Oman has offered a sharp warning…

  • apxadmin
  • August 13, 2026
  • Tax, Laws & Money Explained

Crypto yield products demand thorough due diligence amid escalating risks

Investors are urged to scrutinise who controls their tokens, the sources of yield, and platform transparency before committing funds to crypto yield products, as market complexities and hidden risks grow. Crypto yield products often look simple on the surface: lock…

  • apxadmin
  • August 13, 2026
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