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India enhances third-party insurance requirements, raising vehicle costs

India’s top court has extended mandatory third-party insurance periods for new vehicles, increasing upfront costs but aiming to improve road safety and crash victim payouts. India’s top court has effectively raised the cost of buying a new car or motorcycle…

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

Kenya accelerates 2027 Finance Bill to navigate election calendar

Kenya’s National Treasury has initiated early public consultations on the Finance Bill 2027, aiming to complete legislation ahead of the upcoming August election, amidst reforms focused on fiscal discipline and revenue mobilisation. Kenya’s National Treasury has begun work on the…

  • apxadmin
  • August 6, 2026
  • Tax, Laws & Money Explained

Government reaffirms no plans to phase out the unified pension scheme amid employee preference for NPS

The Centre confirms it will keep the Unified Pension Scheme as an option alongside the NPS, despite lingering employee concerns and ongoing debates about pension security and flexibility. The Centre has said it has no plan to alter the Unified…

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

India’s SEBI proposes easing rules for REITs and InvITs to boost green infrastructure investments

India’s markets regulator, SEBI, has outlined a series of reforms allowing Real Estate Investment Trusts and Infrastructure Investment Trusts to take minority stakes in under-construction assets, aiming to stabilise income streams and promote sustainable infrastructure projects. India’s markets regulator has…

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

New GST registration process for partnership firms simplifies application and compliance

Partnership firms navigating GST registration now benefit from streamlined online procedures and clearer documentation requirements, with processing times set at seven days to enhance compliance efficiency. A partnership firm must register for GST once it crosses the applicable turnover threshold…

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

India’s tech hiring shifts focus as experienced professionals and AI roles take precedence amid industry slowdown

India’s technology job market is experiencing a notable shift, with increased demand for experienced professionals and AI-related roles despite a broader slowdown in tech hiring and a decline in fresh graduate recruitment. India’s technology hiring market is no longer moving…

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

RBI enforces stricter norms to curb abusive loan recovery practices by 2026

The Reserve Bank of India has introduced comprehensive measures to regulate recovery processes, safeguard borrowers from harassment, and ensure transparency by 2026, signalling a significant shift in debt collection standards. The Reserve Bank of India has moved to curb aggressive…

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

Bata India transforms supply chain with domestic focus and AI-driven agility in a volatile retail landscape

Bata India is overhauling its supply chain to boost resilience amid geopolitical tensions and shifting consumer habits, leveraging domestic manufacturing and advanced technology to streamline operations and meet omnichannel demand. Bata India is reworking the way it moves shoes from…

  • apxadmin
  • August 6, 2026
  • Tax, Laws & Money Explained

India's tax bill signals potential reintroduction of charges on large UPI transactions and reforms to attract global capital

India’s lower house has approved a comprehensive tax amendment bill, hinting at new charges on high-value digital payments and measures to boost foreign investment and manufacturing, marking a significant shift in policy direction. India’s lower house has passed a wide-ranging…

  • apxadmin
  • August 6, 2026
  • Tax, Laws & Money Explained

Himachal Pradesh consumer commission awards over Rs 25,500 for wrongly rejected electric cycle claim due to non-registration exemption

A Himachal Pradesh consumer court has mandated Cholamandalam MS General Insurance to pay a woman over Rs 25,500 after ruling that her electric cycle claim was wrongly denied on the basis of non-registration, despite statutory exemptions for low-speed electric two-wheelers.…

  • apxadmin
  • August 6, 2026
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