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RBI expands upper-layer list of NBFCs to include four state-owned lenders amidst Tata Sons' regulatory scrutiny

The Reserve Bank of India has increased its upper-layer list of non-banking financial companies to 17 entities, incorporating four government-backed firms, as Tata Sons remains under regulator review amid debates over its public listing and governance. The Reserve Bank of…

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

India’s chemical sector receives renewed policy momentum with new investment and infrastructure initiatives

India’s chemicals industry is benefiting from a strategic policy shift towards cluster-based ecosystems, aimed at lowering costs, boosting investment, and advancing higher-value outputs amid global trade shifts. India’s chemicals sector is drawing stronger policy support as the government pushes a…

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

India accelerates private and public sector AI growth with new sovereign models and infrastructure

India’s government is investing heavily in indigenous AI development by backing 20 foundation models, approving 237 projects, and expanding AI infrastructure to build a self-reliant technological ecosystem. India has moved to deepen state support for domestic artificial intelligence, with the…

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

India accelerates fintech revolution with AI and digital public infrastructure

India positions itself as a global fintech hub, leveraging AI and a robust digital infrastructure to deepen financial inclusion and drive sustainable growth, according to industry leaders at the 3rd India International FinTech Festival 2026. India is deepening its pitch…

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

RBI’s decision on Tata Sons’ upper-layer classification could reshape listing prospects and regulatory discretion

The Reserve Bank of India’s latest stance on Tata Sons’ status as an upper-layer non-banking financial company raises crucial questions about potential market listing requirements and the regulator’s flexibility amid new asset-based rules. The Reserve Bank of India’s latest list…

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

India accelerates tax reforms and approves extra FY26 spending amid digital payment changes

Parliament speeds up key tax reforms and approves additional government spending for 2025-26, with potential impacts on digital payment fees and investment rules. Parliament moved two finance measures forward on Thursday, with the Lok Sabha passing the Taxation and Other…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Sebi accelerates digital overhaul with AI-driven investor awareness and regulatory reforms

India’s securities regulator, Sebi, is ramping up its digital initiatives by deploying AI-powered campaigns on WhatsApp and other channels to enhance investor protection, streamline processes, and prepare a comprehensive technology roadmap through 2026-27. The Securities and Exchange Board of India…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Reliance Power’s quarterly profit surges despite legal and financial headwinds

Reliance Power reports a 44% increase in first-quarter net profit amid ongoing legal investigations and subsidiary challenges, highlighting resilience in core operations despite group-level pressures. Reliance Power reported a sharp rise in first-quarter profit even as the Anil Ambani-led group…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Fredun Pharmaceuticals reports over 90% revenue and profit surge in Q1 FY27 as diversified healthcare strategy gains momentum

Fredun Pharmaceuticals reveals a dramatic 90% increase in revenue and nearly 95% rise in net profit in its Q1 FY27 results, driven by strategic diversification into new healthcare sectors and expansion in global markets. Fredun Pharmaceuticals said its unaudited first-quarter…

  • apxadmin
  • August 6, 2026
  • Markets & Investing

Investors face new complexities with IPOs as market conditions shift

Initial public offerings offer exciting prospects for early investors but come with heightened risks amid changing market dynamics, requiring careful due diligence and long-term strategies. Initial public offerings tend to stir strong emotions on trading desks because they offer something…

  • apxadmin
  • August 6, 2026
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