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Swasti Vinayaka Synthetics' profit surge despite revenue dip signals potential in Indian textile sector

Swasti Vinayaka Synthetics, a Mumbai-based textile manufacturer, demonstrates significant profit growth amid declining sales, attracting investor attention despite a cautious outlook on its balance sheet and market performance. Swasti Vinayaka Synthetics is a small Mumbai textile maker that has spent…

  • apxadmin
  • August 13, 2026
  • Markets & Investing

NALCO stocks soar as global aluminium supply concerns boost market sentiment

Shares of National Aluminium Company Limited surged nearly 9% amid global supply disruptions and aluminium market optimism, with investors eyeing structural growth and a 1 rupee dividend entitlement. National Aluminium Company Limited, better known as NALCO, drew heavy buying interest…

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

Tata Trusts’ succession sparks governance dispute amid Tata Sons’ listing ambiguity

The appointment of Noel Tata as chairman of Tata Trusts has reignited tensions over governance and the future of Tata Sons, with the unresolved listing of Tata Sons threatening to shift influence and transparency within India’s conglomerate giant. Noel Tata’s…

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

Private sector transforms India’s defence manufacturing with record exports and new projects

India’s defence industry is entering a new phase as private firms expand their presence, boost exports, and challenge state dominance with landmark projects like the stealth fighter and increased production milestones. India’s defence manufacturing is moving into a new phase…

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

Odisha boosts semiconductor ecosystem with 25% extra support and expanded policy scope

Odisha has enhanced its semiconductor policy with additional fiscal incentives and a broader focus on supply chain inputs, aiming to attract large investments and foster a comprehensive ecosystem beyond chip manufacturing. Odisha has widened its semiconductor pitch with a policy…

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

India’s foreign funding overhaul faces parliamentary scrutiny amid shrinking NGO pool

The Indian government’s proposed Foreign Contribution (Regulation) Amendment Bill 2026, now with a 31-member parliamentary committee, aims to tighten regulations on overseas-funded organisations amid a significant decline in active NGOs, raising concerns over compliance costs and government oversight. India’s proposed…

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

Wippi secures $1.2 million to scale screen-free AI for children in a competitive market

Bengaluru startup Wippi raises seed funding to expand its screen-free, voice-based AI devices for children, aiming to reshape early learning with innovative, multilingual content and parental controls amidst rising competition. Wippi has raised $1.2 million in seed funding to expand…

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

India's compliance overhaul faces uphill battle to simplify business regulations

Despite efforts to deregulate, Indian businesses continue to grapple with a complex web of requirements, raising calls for further reform to streamline approvals and reduce costs, particularly for smaller firms. A parliamentary standing committee has highlighted a familiar problem in…

  • apxadmin
  • August 13, 2026
  • Fintech & Digital Money

India tests digital currency for food subsidies in pilot rollout

India advances its digital currency infrastructure with a new pilot programme in Chandigarh and Dadra and Nagar Haveli, integrating Central Bank Digital Currency into food subsidy payments to enhance transparency and reduce leakage. India will take a further step in…

  • apxadmin
  • August 13, 2026
  • Fintech & Digital Money

AvenuesAI targets ₹13,000 crore revenue by FY27 with US expansion and AI investments

AvenuesAI Ltd reports a 45% rise in quarterly net profit to ₹85 crore, driven by more than doubling revenue to ₹2,680 crore, as it plans aggressive expansion into the US and launches new AI-powered transaction platforms to achieve its FY27…

  • apxadmin
  • August 13, 2026
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