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India’s rising foreign visit costs coincide with record foreign investment, sparking questions over diplomatic spending efficiency

Despite escalating expenses on Prime Minister Narendra Modi’s overseas trips, India has seen a surge in foreign direct investment, prompting debate over the strategic value of diplomatic expenditures amid increasing costs from 2021 to 2025. India’s overseas diplomacy has become…

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

Trust Mutual Fund’s shift towards small and mid-cap stocks signals a new phase for Indian equities

Mihir Vora of Trust Mutual Fund highlights a growing preference for domestic growth sectors and smaller companies amid improving liquidity and evolving sector leadership in India. Mihir Vora, chief investment officer at Trust Mutual Fund, said the firm’s push past…

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

India’s cooperative sector faces constitutional challenge amid ongoing reforms and judicial rulings

The insertion of Article 43B and subsequent legal developments have reshaped India’s cooperative sector, balancing constitutional aspirations with judicial limitations and ongoing reforms. Article 43B is the Constitution’s newest Directive Principle, inserted by the 97th Constitutional Amendment to place co-operative…

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

Consint.AI secures ₹22 crore to expand internationally and develop AI for fraud detection in regulated industries

Noida-based Consint.AI raises ₹22 crore in Series A funding to accelerate global expansion and innovate AI tools for risk management across healthcare, insurance, and finance sectors. Consint.AI has raised ₹22 crore in a Series A round as it looks to…

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

India aims to become a global air cargo hub at the 7th ACFI World Conclave 2026

India’s air cargo sector gears up for strategic discussions at the 7th ACFI World Conclave 2026 in New Delhi, focusing on digital innovation, resilient infrastructure, and global trade expansion. India’s air cargo sector is set to take centre stage in…

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

RBI governor clarifies no plan to impose charges on UPI transactions amid legislative debate

Reserve Bank of India Governor Sanjay Malhotra has reassured that no charges are imminent on UPI transactions, amid ongoing legislative discussions that could introduce merchant discount rates for payments above ₹2,000. Reserve Bank of India Governor Sanjay Malhotra has sought…

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

India’s luxury fashion market set to surpass $15 billion by 2034 amid shifting consumer landscape

India’s luxury fashion industry is projected to expand significantly over the next decade, driven by rising household wealth, increased wedding spending, and entry of international brands, despite infrastructural challenges. India’s luxury fashion market is on track for steady expansion over…

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

India’s stock market gains momentum on falling oil prices and resilient earnings

India’s equity market is entering a more positive phase driven by softer oil prices, easing geopolitical tensions, increased foreign investment, and stronger-than-expected corporate earnings, signalling a possible upward trajectory amid macroeconomic stability. India’s equity market appears to be entering a…

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

Boeing India’s BUILD programme awards INR 10 lakh grants to seven innovative start-ups and university teams

Boeing India has announced the winners of its fifth BUILD programme, supporting seven teams with grants, mentorship, and incubation to foster innovation in aerospace and technology sectors in India. Boeing India has named seven start-ups and university teams as winners…

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

OfBusiness plans to revive its India IPO with potentially $800 million raise

SoftBank-backed OfBusiness is exploring a possible return to India’s public markets, aiming to raise up to $800 million, as it prepares for a listing that could occur in the second half of 2025 amid renewed investor interest and strategic exits.…

  • apxadmin
  • August 6, 2026
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