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Tamil Nadu’s new agriculture budget combines tradition with innovation and signals improved Centre relations

Tamil Nadu’s inaugural agriculture budget under the Tamilaga Vettri Kazhagam government introduces modern farming tools alongside traditional practices, while fostering closer ties with the Centre through new schemes focused on soil health, crop diversification, and AI-driven advisory services. Tamil Nadu’s…

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

India tightens regulations on loan recovery to curb harassment and enhance borrower protection

The Reserve Bank of India is introducing stricter controls on recovery practices, requiring banks to ensure fair treatment and accountability of recovery agents, with new rules set to be implemented in January 2027. India’s central bank is moving to tighten…

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

RBI tightens loan recovery rules to enhance borrower protections and curb harassment

India’s central bank introduces stricter guidelines for lenders to prevent harassment during debt recovery, including regulated contact hours, accountability measures, and restrictions on device restrictions, effective from January 2027. India’s central bank has moved to tighten the rules governing loan…

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

India edges closer to China in Forbes Asia’s 'Best Under A Billion' ranking, highlighting tech-driven growth

India secures second place in Forbes Asia’s ‘Best Under A Billion’ list, with the rising prominence of tech-focused firms signalling a shift in regional economic growth and competition with China. India has secured the second spot in Forbes Asia’s latest…

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

IndusInd Bank unveils three-year plan to outpace industry by FY29 with digital and retail growth focus

IndusInd Bank has announced a three-year turnaround strategy targeting industry outperformance by FY29, emphasising growth, profitability, and digital innovation under new CEO Rajiv Anand. IndusInd Bank has set out a three-year turnaround plan aimed at restoring growth, strengthening profitability and…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

India’s new closing auction system widens Sensex-Nifty divergence for fourth day

India’s stock indices continue to show a widening gap as traders adapt to a new closing auction system, highlighting ongoing adjustments amid market volatility and evolving price discovery practices. India’s benchmark stock indices extended their split for a fourth straight…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Crompton Greaves Consumer Electricals posts first quarter rebound with renewed growth momentum

Crompton Greaves Consumer Electricals reports a strong first quarter, signalling a broad-based recovery driven by demand across main categories, improved profitability, and strategic expansion into renewable consumer offerings amid a revitalised market position. Crompton Greaves Consumer Electricals said its first…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Sula Vineyards reports sharp profit decline despite revenue growth amid margin pressures

India’s leading wine producer, Sula Vineyards, sees its first-quarter profit slump as operating margins contract even with a modest revenue rise, highlighting ongoing profitability challenges despite expanding wine tourism. Sula Vineyards said its first-quarter profit fell sharply as softer operating…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Nifty's closing price gap narrows as Indian markets embrace new auction system

The introduction of SEBI’s new Closing Auction Session system is steadily reducing the disparity between Nifty’s regular close and its post-auction settlement, signalling a shift towards more transparent and reliable price discovery methods in India’s equities market. The gap between…

  • apxadmin
  • August 6, 2026
  • Fintech & Digital Money

BRICS shifts focus to local-currency payments network ahead of 2026 summit

As India prepares to host the 2026 BRICS summit, the group is moving away from a common currency towards building a resilient cross-border payments infrastructure, signalling a significant shift in its economic strategy. India is set to host the next…

  • apxadmin
  • August 6, 2026
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