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RBI proposal aims to standardise loan pricing for greater transparency

The Reserve Bank of India introduces a plan to unify loan pricing models, enhancing clarity for borrowers despite no immediate rate cuts, as part of a broader push for transparent lending practices. The Reserve Bank of India has moved to…

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

BMW India CFO highlights urgent need to simplify India's prolonged tax disputes

Carsten Lammers, CFO of BMW Group India, calls for faster resolution and simpler procedures in India’s lengthy tax and customs disputes to boost investor confidence amid widespread delays and unresolved cases. Carsten Lammers, chief financial officer of BMW Group India,…

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

Indian textile sector shows optimism amid export target doubts, as sustainability remains a weak link

Indian textile and apparel companies are optimistic about future growth driven by global sourcing shifts and trade agreements, yet remain sceptical about reaching the $100 billion export target by 2031, citing challenges in sustainability readiness and execution. Indian textile and…

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

Leap India prepares for cautious IPO debut amid modest grey market premium

Leap India Ltd is set to launch its ₹2,480 crore initial public offering in August, facing mixed analyst ratings and a modest grey market premium as it seeks to expand in the logistics sector amidst a busy IPO pipeline. Leap…

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

Nexus Select Trust accelerates eastern India expansion with nearly ₹150 crore mall acquisitions

Blackstone-backed Nexus Select Trust is close to acquiring two malls in eastern India, aiming to expand its portfolio and boost income through strategic purchases and premiumisation initiatives amidst promising growth trends. Blackstone-backed Nexus Select Trust is closing in on two…

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

Indian IT giants shift focus to AI-ready graduates with specialised engineer roles

India’s largest IT services firms are reimagining campus hiring by prioritising graduates equipped with AI, cybersecurity, and data skills, emphasising specialised ‘forward deployed engineers’ to meet soaring demand for AI integration in business services. India’s largest IT services companies are…

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

Tewolde Gebremariam appointed to lead Air India through safety and financial crises

The new CEO of Air India, Tewolde Gebremariam, steps into a challenging role marked by safety lapses, record losses, and network disruptions amid increased regulatory scrutiny and industry turmoil. Air India has turned to Tewolde Gebremariam at a difficult moment…

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

India’s consumer confidence dips amid price pressures but spending remains steady

Household sentiment in India weakened in July due to concerns over prices and employment, yet consumption habits show resilience, according to Reserve Bank of India surveys. Consumer confidence in India slipped in July as households became more cautious about the…

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

Indian promoters boost stakes across sectors in June quarter amid cautious optimism

Promoters of major Indian companies increased their ownership in the June quarter, signalling confidence amid sectoral shifts, including notable rises in Reliance Industries and Manappuram Finance, according to Elara Capital data. Reliance Industries and a cluster of other large Indian…

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

India must overhaul land acquisition to boost industrial investments, says NITI Aayog vice chairman

NITI Aayog Vice Chairman Ashok Kumar Lahiri urges India to simplify land acquisition processes to attract more industrial investments and support its goal of becoming a developed economy by 2047. India needs to make land acquisition far easier if it…

  • apxadmin
  • August 6, 2026
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