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Tamil Nadu's budget tests fiscal strategy amid welfare promises and revenue reforms

Tamil Nadu’s first budget under M.K. Stalin’s government balances welfare schemes with tighter fiscal management, relying on enforcement and digitisation to boost revenue without new taxes, amid political and debt concerns. Tamil Nadu’s first budget under M.K. Stalin’s government is…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

India seeks to make itself a major hub for rough diamond trade with 15-year tax exemption

India has proposed extending a 15-year tax exemption for foreign companies selling rough diamonds in special notified zones, aiming to attract international sellers and bolster its position as a global diamond trading and manufacturing centre. India has moved to widen…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

Microsoft commits over $21 billion to expand cloud and AI infrastructure in India

Microsoft is making its largest Asian investment to date, with a $21 billion push into India to enhance cloud, AI, and skills training, including the development of a new hyperscale data centre in Hyderabad by mid-2026. Microsoft is deepening its…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

India’s office market expands beyond Bengaluru as Pune leads a new wave of growth in 2026

India’s office leasing market is diversifying in 2026, with Pune emerging as a key hub and global capability centres driving record demand across smaller cities, signalling a shift towards a more balanced and talent-driven growth phase. India’s office market is…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

Indian refineries diversify crude sourcing amid Middle East tensions and supply chain shifts

India’s state-run oil refiners are expanding their oil sourcing beyond the Middle East, turning to West Africa, Nigeria, and other regions to ensure reliable supplies amidst regional tensions and logistical adjustments. India’s state-run refiners are widening their search for crude…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

Parliamentary panel urges India to accelerate US trade deal amid tariff concerns

India’s parliamentary committee calls for swift progress on a bilateral trade agreement with the United States, highlighting the need for safeguards against tariff shifts and stronger cooperation in critical sectors to meet economic targets by 2030. A parliamentary committee has…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

Indian equities edge higher as RBI keeps interest rates steady amid cautious optimism

Indian equities posted modest gains after the Reserve Bank of India maintained interest rates, signalling confidence in domestic demand despite global uncertainties and volatile trading conditions. Indian equities ended with modest gains on Wednesday after the Reserve Bank of India…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

Commerzbank warns RBI rate hold offers temporary relief for rupee amid mounting pressures

Commerzbank argues that the Reserve Bank of India’s decision to keep rates unchanged provides only short-term relief for the rupee, as deeper economic pressures and a strong US dollar continue to weigh on the currency’s stability. Commerzbank says the Reserve…

  • apxadmin
  • August 6, 2026
  • Economy, Policy and Business

India’s emerging job hubs reshape urban growth as Visakhapatnam leads new talent map

LinkedIn’s latest report highlights a shift in India’s job landscape, with smaller cities like Visakhapatnam emerging as key talent hubs amid increasing competition and changing employer priorities. LinkedIn’s latest Cities on the Rise report suggests India’s jobs map is shifting…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Property Share expands small and medium REIT offerings with new Noida office scheme

Property Share has filed for PropShare Lumina, its fourth small and medium real estate investment trust, aiming to raise up to ₹484.68 crore through a fully leased Grade A+ office asset in Noida, signalling continued expansion in niche property investment…

  • apxadmin
  • August 6, 2026
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