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GIFT City aims to transform into a global commodity trading hub with proposed legalisation

The International Financial Services Centres Authority is seeking government approval to expand GIFT City’s role by including commodity trading as a recognised financial activity, potentially making India a key player in global markets. The International Financial Services Centres Authority is…

  • apxadmin
  • August 12, 2026
  • Economy, Policy and Business

India’s food inflation surge and volatile onion prices complicate monetary outlook

India’s consumer price inflation edged up slightly in July, with food prices and onion inflation presenting ongoing challenges for policymakers amid volatile staples and rising restaurant costs. India’s consumer price inflation edged up to 4.45% in July from 4.38% in…

  • apxadmin
  • August 12, 2026
  • Economy, Policy and Business

India’s manufacturing growth accelerates to 10.88% amid policy reforms and cautious sector shifts

India’s manufacturing sector saw a compounded annual growth rate of 10.88% between 2022-23 and 2025-26, driven by government reforms, incentives, and rising demand, with medium- and high-technology activities now forming nearly half of manufacturing value added. India’s manufacturing sector posted…

  • apxadmin
  • August 12, 2026
  • Economy, Policy and Business

Julius Baer expands India footprint with significant Mumbai office lease as GCC-driven demand surges

Swiss private banking firm Julius Baer has leased a 74,037 sq ft office in Mumbai’s Andheri East, signalling the increasing influence of global capability centres in India’s office demand, which is expected to remain robust in the coming years. Swiss…

  • apxadmin
  • August 12, 2026
  • Economy, Policy and Business

India aims to double ship recycling capacity ahead of next phase of market expansion

India is set to bolster its ship recycling industry with plans for new listings and a major upgrade of yards to meet international standards, cementing its position as the global leader ahead of the 2030 target. India is preparing a…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

Long-term focus boosts stability for large-cap mutual fund investors in 2026

Nippon India Large Cap Fund leads the 2026 performance rankings, emphasising the importance of long-term reliability and consistency in large-cap investing, with key players maintaining steady returns amid market fluctuations. Large cap mutual funds remain a favoured option for investors…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

Accord Mortgages announces series of rate cuts, including up to 18 basis points on residential and buy-to-let deals

Accord Mortgages has reduced selected fixed-rate products across its residential and buy-to-let ranges by up to 18 basis points, effective from August 13, as part of ongoing mid-year price revisions aimed at providing better value to borrowers. Accord Mortgages has…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

New insights reveal how frequent comparison can lead to substantial car insurance savings

Drivers can significantly reduce their car insurance costs by using comparison platforms that offer a wide range of quotes, but emphasising the importance of comparing full policy details and revisiting coverage when life circumstances change. Shopping around for car insurance…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

New international rules and costs complicate overseas property buying for first-timers

First-time buyers venturing into international real estate face increasingly complex legal, tax, and financing hurdles, with recent guidance highlighting the importance of thorough research and tailored strategies before making a purchase abroad. The appeal usually begins after a few repeated…

  • apxadmin
  • August 12, 2026
  • Personal Finance & Wealth

Choosing a retirement account custodian: what really matters beyond fees

Selecting the right retirement account custodian involves more than just low fees; it requires assessing their ability to efficiently handle complex paperwork, transfers, and record-keeping to safeguard long-term savings and ensure compliance. Choosing a retirement account custodian is less about…

  • apxadmin
  • August 12, 2026
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